Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
CHARLES RUSSELL WELLONS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 52328
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DURHAM, NC27717
A Employer identification number

56-1889755
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,285,158J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 137,750
2 Check bullet.............
3 Interest on savings and temporary cash investments 45,425 45,425  
4 Dividends and interest from securities...      
5a Gross rents............ 144,311    
b Net rental income or (loss) -34,844
6a Net gain or (loss) from sale of assets not on line 10 165,332
b Gross sales price for all assets on line 6a 210,000
7 Capital gain net income (from Part IV, line 2)... 165,332
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 25,479 25,479  
12 Total. Add lines 1 through 11........ 518,297 236,236  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,789      
c Other professional fees (attach schedule).... Click to see attachment 15,809      
17 Interest............... 1,992      
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 32,502    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 151,220      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 211,312 0   0
25 Contributions, gifts, grants paid....... 300,250 300,250
26 Total expenses and disbursements. Add lines 24 and 25 511,562 0   300,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,735
b Net investment income (if negative, enter -0-) 236,236
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 171,223 163,437 163,437
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet117,483
Less: allowance for doubtful accounts bullet   117,483 Click to see attachment117,483 117,483
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   475 475
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet2,949,614
Less: accumulated depreciation (attach schedule) bullet488,794 2,490,409 Click to see attachment2,460,820 2,949,614
15 Other assets (describe bullet) Click to see attachment3,008,997 Click to see attachment3,054,149 Click to see attachment3,054,149
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,788,112 5,796,364 6,285,158
Liabilities 17 Accounts payable and accrued expenses.......... 104,861 106,853
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 104,861 106,853
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 5,683,251 5,689,511
29 Total net assets or fund balances (see instructions)..... 5,683,251 5,689,511
30 Total liabilities and net assets/fund balances (see instructions). 5,788,112 5,796,364
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,683,251
2
Enter amount from Part I, line 27a .....................
2
6,735
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,689,986
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
475
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,689,511
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 1019 & 111 BENNING ST; 1304 CASTLEBA P   2021-02-05
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 210,000   44,668 165,332
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       165,332
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 165,332
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 165,332
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,284
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,284
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 475
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 475
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 5
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,814
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILLIAM T ALLEN Telephone no.bullet (910) 323-0191

    Located atbullet3620 CAPE CENTER DRFAYETTEVILLENC ZIP+4bullet28304
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WILLIAM T ALLEN PRESIDENT
    1.00     		0 0 0
    3620 CAPE CENTER DR
    FAYETTEVILLE,NC28304
    CHARLENE HAMLETT SECRETARY
    1.00     		0 0 0
    P O BOX 52328
    DURHAM,NC27717
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    237,949
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,097,451
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,335,400
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,335,400
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    95,031
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,240,369
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    312,018
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    312,018
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,284
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,284
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    308,734
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    308,734
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    308,734
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 308,734
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 256,182
    b From 2017...... 25,225
    c From 2018...... 71,608
    d From 2019...... 41,737
    e From 2020...... 617,888
    f Total of lines 3a through e ........ 1,012,640
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 300,250
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 300,250
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 8,484 8,484
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,004,156
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		247,698
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		756,458
    10 Analysis of line 9:
    a Excess from 2017.... 25,225
    b Excess from 2018.... 71,608
    c Excess from 2019.... 41,737
    d Excess from 2020.... 617,888
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHARLENE HAMLETT
    PO BOX 52328
    DURHAM,NC27717
    (919) 643-2441
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT INDIVIDUAL NAMED IN 2A
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    APPALACHIAN STATE UNIVERSITY
    287 RIVERS ST
    BOONE,NC28608     		NONE COLLEGE EDUCATION 500
    BOB JONES UNIVERSITY
    UNIVERSITY
    GREENVILLE,SC29614     		N/A SCHOOL EDUCATION 2,000
    CALIFORNIA BAPTIST U
    8432 MAGNOLIA AVE
    RIVERSIDE,CA92504     		NONE UNIVERSITY EDUCATION 900
    CENTRAL PIEDMONT COM COLL
    1325 E 7TH STREET
    CHARLOTTE,NC28204     		NONE COLLEGE EDUCATION 500
    COMF
    3620 CAPE CENTER DR
    FAYETTEVILLE,NC28304     		N/A 501(C)(3) RELIGIOUS 208,750
    COVENANT COLLEGE
    14049 SCENIC HWY
    LOOKOUT MOUNTAIN,GA30750     		NONE COLLEGE EDUCATION 500
    DALLAS INTERNATIONAL UNIERSITY
    7500 W CAMP WISDON RD
    DALLAS,TX75236     		NONE UNIVERSITY EDUCATION 900
    EMILY K CENTER
    904 W CHAPEL HILL ST
    DURHAM,NC27701     		NONE 501(C)(3) EDUCATION 500
    EMMANUEL COLLEGE
    181 SPRING STREET
    FRANKLIN SPRINGS,GA30639     		NONE COLLEGE EDUCATION 60,000
    HOLMES BIBLE COLLEGE
    10 PAUL BEECHAM WAY
    GREENVILLE,SC29609     		N/A SCHOOL EDUCATION 4,800
    LIBERTY
    1971 UNIVERSITY BLVD
    LYNCHBURG,VA24515     		NONE UNIVERSITY EDUCATION 4,300
    MOORE TECH
    1200 POPLAR AVE
    MEMPHIS,TN38104     		NONE SCHOOL EDUCATION 1,200
    PENSACOLA CHRISTIAN
    250 BRENT LANE
    PENSACOLA,FL32503     		NONE COLLEGE EDUCATION 1,600
    PIEDMONT COMMUNITY COLLEGE
    1715 COLLEGE DR
    ROXBORO,NC27573     		NONE COMM COLLEGE EDUCATION 800
    REGENT UNIVERSITY
    1000 REGENT UNIVERSITY DR
    VIRGINIA BEACH,VA23464     		NONE UNIVERSITY EDUCATION 900
    UNC GREENSBORO
    1400 SPRING GARDEN ST
    GREENSBORO,NC27412     		NONE UNIVERSITY EDUCATION 600
    WINGATE UNIVERSITY
    220 N CAMDEN RD
    WIHGATE,NC28174     		NONE UNIVERSITY EDUCATION 1,500
    WRTP
    7610 FALLS OF NEUSE
    RALEIGH,NC27615     		N/A 501(C)(3) RELIGIOUS 10,000
    Total .................................bullet 3a 300,250
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 45,425  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531110 -34,844      
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        165,332
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    1 25,479  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -34,844 70,904 165,332
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    201,392
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    CHARLES RUSSELL WELLONS FOUNDATION
     
    Employer identification number

    56-1889755
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    CHARLES RUSSELL WELLONS FOUNDATION
          		Employer identification number
    56-1889755
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CHARLENE HAMLETT
     
    P O BOX 52328
     
    DURHAM, NC27707

    		$ 14,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    REAL ESTATE ASSOCIATES
     
    P O BOX 52328
     
    DURHAM, NC27717

    		$ 66,750


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    CATHERINE BOWMAN
    4361 MCCORSLEY AVE
     
    LITTLE RIVER, SC29566

    		$ 57,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    CHARLES RUSSELL WELLONS FOUNDATION
          		Employer identification number

    56-1889755
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    CHARLES RUSSELL WELLONS FOUNDATION
          		Employer identification number

    56-1889755
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WILLIAM TEMPLE ALLEN, CPA, PA 9,789      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    HOLMES APARTMENTS 1998-06-12 105,565 86,532 S/L 27.5000 3,838      
    OFFICE FURNITURE 2001-04-30 2,142 2,142 200DB 7.0000        
    LAND - 404 BELMONT DURHA 2001-09-01 10,000              
    HOUSE - 404 BELMONT DURHA 2001-09-01 44,864 31,473 S/L 27.5000 1,631      
    LAND - HILLSBOROUGH 2004-01-01 240,469              
    HOUSE - 309 HARDEE ST. DURHA 2005-01-04 83,700 48,571 S/L 27.5000 3,044      
    LAND- 309 HARDEE ST. DURHA 2005-01-04 9,300              
    ACRES & APARTMENTS, CREEMOOR GRANV 2006-03-09 230,000              
    ACRES & APARTMENTS, CREEMOOR GRANV 2006-03-09 209,485 112,677 S/L 27.5000 7,618      
    821 MIAMI BLVD. PT1 AND 2; A-30 2006-03-09 80,000              
    821 MIAMI BLVD. PT1 AND 2; A-30 2006-03-09 181,441 97,593 S/L 27.5000 6,598      
    1104 DELANO STREET 11 BL B SE; A-3 120777 DURHA 2006-03-09 36,491 19,628 S/L 27.5000 1,327      
    HOUSE AND LOT BELMONT DR 1 2006-03-09 9,500              
    HOUSE AND LOT BELMONT DR 1 2006-03-09 57,777 31,077 S/L 27.5000 2,101      
    1208 DELANO STREET PT7;A-36 130319 DURHA 2006-03-09 2,050              
    1208 DELANO STREET PT7;A-36 130319 DURHA 2006-03-09 12,468 6,706 S/L 27.5000 453      
    CARPET 2006-11-01 2,083 2,083 200DB 7.0000        
    APPLIANCES 2006-11-01 1,193 1,193 200DB 7.0000        
    CARPET 2007-11-01 3,435 3,435 200DB 7.0000        
    APPLIANCES 2007-11-01 2,992 2,992 200DB 7.0000        
    CARPET 2008-06-01 4,496 4,496 200DB 7.0000        
    27% 5433 & 5507 GUESS RD 2019-12-23 9,012              
    27% 5435 & 5513 GUESS RD 2019-12-23 75,466 2,744 S/L 27.5000 2,744      
    27% 5435 & 5513 GUESS RD 2019-12-23 8,385              
    27% 5433 & 5507 GUESS RD 2019-12-23 81,109 2,949 S/L 27.5000 2,950      
    BUTNER SURVEY 1999-01-01 5,902              
    RIVERSIDE VILLAGE 1999-05-15 42,780              
    GRANVILLLE COUNTY - HUDSON 1998-09-08 4,125              
    LOT 4B BUTNER/306 FIFTH ST. 2001-01-01 500              
    WELSTON AVENUE 65 2001-01-01 400              
    WELSTON AVENUE 66 2001-01-01 400              
    VAC COLSON ST. 236-237-23 2001-01-01 200              
    CENTER AVE. 234-235 JOYL 2001-01-01 125              
    1106 S. DUKE ST. 2001-01-01 500              
    JOYLAND HEIGHTS END OF OVERHI 2001-01-01 575              
    WELTON AVE. 67 2001-01-01 400              
    S/S WELTON AVENUE 56 2001-01-01 350              
    VAC CARVER ST. & ELDORADO 2001-01-01 100              
    VAC CENTER AVENUE 228-229 J 2001-01-01 100              
    I-40 PROPERTY 2004-01-01 911,422              
    LOT 3 COTTON DR BUTNER GRANV 2006-03-09 12,000              
    56-58 BLC HILLSBORO HEIGHTS 522 FOREST DRIVE 522 F 2006-03-09 27,000              
    E5 142A & BLDGS, WARRENTON 2006-03-09 11,000              
    1106 FAIRVIEW, DURHAM COUNTY 2006-03-09 4,000              
    ADAMS AVENUE 8;A-33G 164844 DURHA 2006-03-09 5,000              
    US HIGHWAY 70; A-33 AG 164837 DURHA 2006-03-09 10,000              
    SORRELL STREET; OAK GROVE 164840 DURHA 2006-03-09 5,000              
    ADAMS AVENUE 9; A-33 AE 164827 DURHA 2006-03-09 5,000              
    N/S WESTWOOD DRIVE 20B;A-33-Q 159201 DURHA 2006-03-09 5,000              
    N/S WESTWOOD DRIVE 20-20A; A33I 159202 DURHA 2006-03-09 3,000              
    W/S FOREST DRIVE 19 OAK GROVE 159203 DURHA 2006-03-09 2,500              
    W/S FOREST DRIVE 21 OAK GROVE 159204 DURHA 2006-03-09 2,500              
    W/S FOREST DRIVE 47 OAK GROVE 159205 DURHA 2006-03-09 3,000              
    E/S FOREST DRIVE 25 OAK GROVE 159225 DURHA 2006-03-09 800              
    LAKESIDE DRIVE 41-49 TWIN 159247 DURHA 2006-03-09 18,000              
    LAKESIDE DRIVE 60 TWIN 159256 DURHA 2006-03-09 8,000              
    FOREST DRIVE PT28 A-33Y 159265 DURHA 2006-03-09 3,000              
    LAKESIDE DRIVE 77, TWIN LAKE 159267 DURHA 2006-03-09 4,000              
    US HIGHWAY 70; 5 BL T 164836 DURHA 2006-03-09 5,000              
    SORRELL STREET 11 BL T; A-3 164841 DURHA 2006-03-09 5,000              
    SORRELL STREET 10 BL T 164842 DURHA 2006-03-09 5,000              
    SORRELL STREET 9 BLT; A-33 164843 DURHA 2006-03-09 5,000              
    ADAMS AVENUE 7 BL T 164845 DURHA 2006-03-09 5,000              
    LONG AND VANN AVENUE; A-33-AH 164919 DURHA 2006-03-09 7,500              
    N/S OFF HIGHWAY 701 W T PO; A-33 164957 DURHA 2006-03-09 500              
    LEESVILLE ROAD 12-16; A-33-AL 165026 DURHA 2006-03-09 24,000              
    1104 DELANO STREET 11 BL B SE; A-3 120777 DURHA 2006-03-09 6,000              
    OFF PAGE ROAD TR3; A-33-AQ 158012 DURHA 2006-03-09 4,500              
    HARDEE AND BENNING STREET, PT B 2006-03-09 120,000              
    BENNING STREET 50 BL M SEC 4 A-3 120497 DURHA 2006-03-09 15,000              
    CASTLEBAY ROAD Q114 BL J SE A-33 120623 DURHA 2006-03-09 15,000              
    HARDEE STREET 56 BL 16 A-33-H 120864 DURHA 2006-03-09 10,700              
    HARDEE STREET 57-58 BL 1; A-33-I 120865 DURHA 2006-03-09 14,100              
    SATER STREET 57-60; A-33-J 2006-03-09 1,000              
    S/S INDEPENDENCE AVENUE 64 A-33 131590 DURHA 2006-03-09 4,000              
    S/S INDEPENDENCE AVENUE 87; A-33 132472 DURHA 2006-03-09 4,000              
    LAKESIDE DRIVE 79 TWIN LAKE; A-33 159270 DURHA 2006-03-09 15,000              
    S/S WESTWOOD DRIVE 16-18; A-33-P 159200 DURHA 2006-03-09 5,000              
    SORRELL STREET 8 BL X; A-33 164828 DURHA 2006-03-09 5,000              
    ADAMS STREET 10 BL X; A-33 164826 DURHA 2006-03-09 5,000              
    SORRELL STREET 6 BL X; A-33 164830 DURHA 2006-03-09 5,000              
    CRESCENT BLVD 1-2; A-33-G 120849 DURHA 2006-03-09 13,800              
    SORRELL STREET 7 BL X; A-33 164829 DURHA 2006-03-09 5,000              
    NE-S SEFORD DRIVE 106 A-33-AD 161198 DURHA 2006-03-09 2,000              
    W/S SEFPRD DROVE 80 A-33-AD 161120 DURHA 2006-03-09 2,000              
    USHIGHWAY 70 6 BL T; A-33-AF 164835 DURHA 2006-03-09 5,000              
    BENNING STREET 111 B1 J SEC; A-33 120620 DURHA 2006-03-09 14,000              
    BUILDING SITE SOUTH SIDE INDEP. A 2006-03-09 18,500              
    1900 FRANKLIN ST 2006-03-09   310 STRAIGHT LINE 27.5000        
    404 BLEMONT ST - REMODEL 2021-06-23 5,847   S/L 27.5000 115      
    1104 DELANO ST - REMODEL 2021-12-06 37,650   S/L 27.5000 57      
    GLEN HAVEN APART - PLUMBING 2021-10-11 3,415   S/L 27.5000 26      

    TY 2021 LandEtcSchedule2
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND EQUIP 951,619 488,794 462,825 951,619
      1,997,995   1,997,995 1,997,995


    TY 2021 OtherAssetsSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENTS 3,008,997 3,054,149 3,054,149


    TY 2021 OtherDecreasesSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Description Amount
    TAX PAYMENT 475


    TY 2021 OtherExpensesSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS RENTALS        
    COURT COST 471      
    UTILITIES 3,772      
    REPAIRS 83,902      
    REAL ESTATE TAXES 43,238      
    EXPENSES        
    BANK FEES 200      
    TRAVEL & LODGING 4,000      
    INSURANCE 11,693      
    RENT 3,878      
    POSTAGE 30      
    AUTO 36      


    TY 2021 OtherIncomeSchedule2
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 25,479 25,479  


    TY 2021 OtherNotesLoansRcvblShortSch2
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Name of 501(c)(3) Organization Balance Due
    ACCOUNTS RECEIVABLE
          		117,483


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CHARLES RUSSELL WELLONS FOUNDATION
    EIN:
    56-1889755
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SURVEYS 341      
    VARIOUS RENTALS 15,468