Public Charity

WEX CARES FOUNDATION INC

WEX CARES FOUNDATION INC, of Portland, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $26K in revenue, $40K in expenses, $82K in total assets. 9 publicly reported grants to this organization, totaling roughly $119K, appear in IRS filings.

EIN: 825219585 Portland, ME Latest filing: 2024
Total Revenue$26K
Total Expenses$40K
Total Assets$82K
Grant Records9
Funding Total$119K
Filing Years2020–2024

Mission

WEX Cares Foundation's principal activity is to provide assistance to present and future employees worldwide of WEX Inc., its subsidiaries and affiliates, who are victims of qualified disasters, other natural disasters, catastrophes, or other personal hardships. Grants will be made pursuant to pre-established criteria and procedures and only to those with objectively demonstrated need or distress.

Officers & Directors

Director Carlos Escobar
Director Christopher Lerum
Director Erica Martin
Chair Hilary Rapkin
Director Katie Denoia
Director Kimberly Simard

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$43,168 1 grant
COMMUNITY & HUMAN SERVICES
$32,000 3 grants
PUBLIC, SOCIETAL BENEFIT
$27,500 3 grants
GENERAL OPERATING
$10,000 1 grant
For grant recipient's exempt purposes
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $26K $40K $82K
2023 $29K $41K $97K
2022 $35K $74K $108K
2020 $73K $134K $193K

Between 2020 and 2024, reported annual revenue declined from $73K to $26K (-65%), with total assets most recently reported at $82K.

Interactive year-over-year charts and full filing details available with membership.

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