Wellons Family Foundation

Morehead City, NC
Tax-exempt since May 2000
EIN: 56-2190192

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$368k (2024)

Expenses

$52.3k (2024)

Total Assets

$2.59M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$367,765

Expenses

$52,329

Net Income

$315,436

Net Assets

$2,594,194

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$331,752	90.2%
Interest Revenue	$4,336	1.2%
Dividends	$15,017	4.1%
Sales of Assets	$18,856	5.1%
Other Income	-$2,196

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,110	69.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,594,194
Total Liabilities	$0
Net Assets	$2,594,194

Compensation

Key Employees and Officers	Compensation	Other
William H Moore (Executive Di)	$0	$0
Gaye Wellons Mashburn (President)	$0	$0
Joy W Moore (Secretary/Tr)	$0	$0

990-PF

Filed on May 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$87,239

Expenses

$76,886

Net Income

$10,353

Net Assets

$2,278,850

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$88,240	> 100%
Interest Revenue	$3,906	4.5%
Dividends	$12,390	14.2%
Sales of Assets	-$15,692
Other Income	-$1,605

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$64,041	83.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,278,850
Total Liabilities	$0
Net Assets	$2,278,850

Compensation

Key Employees and Officers	Compensation	Other
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye Wellons Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on May 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$93,257

Expenses

$51,583

Net Income

$41,674

Net Assets

$2,268,924

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$56,600	60.7%
Interest Revenue	$566	0.6%
Dividends	$7,179	7.7%
Sales of Assets	$25,678	27.5%
Other Income	$3,234	3.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,880	77.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,268,924
Total Liabilities	$0
Net Assets	$2,268,924

Compensation

Key Employees and Officers	Compensation	Other
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye Wellons Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on May 12, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$285,115

Expenses

$255,583

Net Income

$29,532

Net Assets

$2,227,751

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$243,117	85.3%
Interest Revenue	$1,046	0.4%
Dividends	$6,687	2.3%
Sales of Assets	$31,209	10.9%
Other Income	$3,056	1.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$243,116	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,227,751
Total Liabilities	$0
Net Assets	$2,227,751

Compensation

Key Employees and Officers	Compensation	Other
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye Wellons Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on May 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$58,444

Expenses

$96,037

Net Income

-$37,593

Net Assets

$2,198,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$39,300	67.2%
Interest Revenue	$1,302	2.2%
Dividends	$5,966	10.2%
Sales of Assets	$11,867	20.3%
Other Income	$9	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$84,260	87.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,198,409
Total Liabilities	$1
Net Assets	$2,198,408

Compensation

Key Employees and Officers	Compensation	Other
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye Wellons Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on May 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$125,627

Expenses

$40,699

Net Income

$84,928

Net Assets

$2,236,123

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$107,900	85.9%
Interest Revenue	$2,166	1.7%
Dividends	$6,788	5.4%
Sales of Assets	$5,237	4.2%
Other Income	$3,536	2.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,831	63.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,236,123
Total Liabilities	$0
Net Assets	$2,236,123

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$87,900

Expenses

$140,061

Net Income

-$52,161

Net Assets

$2,151,349

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$69,274	78.8%
Interest Revenue	$136	0.2%
Dividends	$7,812	8.9%
Sales of Assets	$10,769	12.3%
Other Income	-$91

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$127,141	90.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,151,349
Total Liabilities	$0
Net Assets	$2,151,349

Compensation

Key Employees and Officers	Compensation	Other
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye Wellons Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on July 17, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$159,583

Expenses

$116,653

Net Income

$42,930

Net Assets

$2,203,510

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$98,000	61.4%
Interest Revenue	$73	0.0%
Dividends	$17,111	10.7%
Sales of Assets	$25,448	15.9%
Other Income	$18,951	11.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$88,465	75.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,203,510
Total Liabilities	$0
Net Assets	$2,203,510

Compensation

Key Employees and Officers	Compensation	Other
Gaye Wellons Mashburn (Secretary)	$14,080	$0
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on July 11, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$57,354

Expenses

$112,098

Net Income

-$54,744

Net Assets

$2,160,580

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$56,000	97.6%
Interest Revenue	$169	0.3%
Dividends	$29,999	52.3%
Sales of Assets	-$26,300
Other Income	-$2,514

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$85,876	76.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,160,580
Total Liabilities	$0
Net Assets	$2,160,580

Compensation

Key Employees and Officers	Compensation	Other
Gaye Wellons Mashburn (Secretary)	$14,080	$0
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Kathryn W Todd (Officer)	$0	$0
Joy W Moore (Treasurer)	$0	$0

+ View more people

990-PF

Filed on Oct. 26, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$126,155

Expenses

$80,376

Net Income

$45,779

Net Assets

$2,215,324

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$64,234	50.9%
Interest Revenue	$480	0.4%
Dividends	$32,496	25.8%
Sales of Assets	$13,379	10.6%
Other Income	$15,566	12.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,384	66.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,215,324
Total Liabilities	$0
Net Assets	$2,215,324

Compensation

Key Employees and Officers	Compensation	Other
Joy W Moore (Treasurer)	$14,080	$0
Jean R Wellons (President)	$0	$0
Elizabeth Morrice (Officer)	$0	$0
Gaye W Mashburn (Secretary)	$0	$0
Kathryn W Todd (Officer)	$0	$0

+ View more people

990-PF

Filed on Nov. 9, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$47,009

Expenses

$192,307

Net Income

-$145,298

Net Assets

$2,169,545

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,900	21.1%
Interest Revenue	$401	0.9%
Dividends	$37,814	80.4%
Sales of Assets	$10,487	22.3%
Other Income	-$11,593

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$172,029	89.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,169,545
Total Liabilities	$0
Net Assets	$2,169,545

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$233,477

Expenses

$65,306

Net Income

$168,171

Net Assets

$2,314,843

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$190,600	81.6%
Interest Revenue	$409	0.2%
Dividends	$37,571	16.1%
Sales of Assets	$17,887	7.7%
Other Income	-$12,990

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,105	81.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,314,843
Total Liabilities	$0
Net Assets	$2,314,843

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$184,157

Expenses

$20,658

Net Income

$163,499

Net Assets

$2,146,671

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$97,317	52.8%
Interest Revenue	$1,345	0.7%
Dividends	$22,173	12.0%
Sales of Assets	$63,322	34.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,562	22.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,146,672
Total Liabilities	$1
Net Assets	$2,146,671

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$71,914

Expenses

$58,311

Net Income

$13,603

Net Assets

$1,983,173

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$74,484	> 100%
Interest Revenue	$8,588	11.9%
Dividends	$6,128	8.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$40,095	68.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,983,173
Total Liabilities	$0
Net Assets	$1,983,173

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated March 23, 2026

Wellons Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $368k (2024)

Expenses $52.3k (2024)

Total Assets $2.59M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$368k (2024)

Expenses

$52.3k (2024)

Total Assets

$2.59M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001