S K Wellman Foundation

Organization Overview

S K Wellman Foundation is located in Cleveland, OH. The organization was established in 1954. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. S K Wellman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, S K Wellman Foundation generated $511.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $330.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, S K Wellman Foundation has awarded 380 individual grants totaling $950,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S CHARITABLE ACTIVITY IS TO PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. DURING 2021 THE FOUNDATION MADE GRANTS TO 79 ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Laurence A Bartell
Trustee
$36,000
Emily Zeiders
Trustee
$2,000
Joshua K Pryor
Trustee
$2,000
Suzanne W Erikson
Trustee
$2,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $119,275
Net Rental Income$0
Net Gain on Sale of Assets $392,415
Capital Gain Net Income $392,415
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $78
Total Revenue $511,768

Grants Awarded

Over the last fiscal year, S K Wellman Foundation has awarded $181,500 in support to 79 organizations.

Grant RecipientAmount

CLEVELAND FOODBANK

PURPOSE: FOOD FOR NEEDY

$5,000

BELLEFAIRE

PURPOSE: AID TO NEEEY

$5,000

CLEVELAND METROPARKS

PURPOSE: NATURE PRESERVATION

$5,000

HOSPICE OF THE WESTERN RESERVE

PURPOSE: AID TO TERMINALLY ILL

$5,000

CLEVELAND RAPE CRISIS CENTER

PURPOSE: SUPPORT FOR ABUSED WOMEN

$5,000

CLEVELAND ANIMAL PROTECTIVE LEAGUE

Org PageRecipient Profile

Cleveland, OH

PURPOSE: FOSTERING ANIMAL ADOPTION

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
George Gund Foundation
Cleveland, OH
$120,923,136
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Lumina Foundation For Education Inc
Indianapolis, IN
$124,727,424
Pnc Foundation
Pittsburgh, PA
$3,451,991
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827

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