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Frederick B Wells Jr Trust Fund 35060960 is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 1946. The principal officer is 1st National Bk St Paul Trust Tax Ser. It holds total assets of $18.8M. Annual income is reported at $15.1M. Total assets have grown from $1.6M in 2011 to $17.8M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Frederick B Wells Jr Trust Fund 35060960 has made 4 grants totaling $3.4M, with a median grant of $851K. The foundation has distributed between $856K and $1.7M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 2 grants. Individual grants have ranged from $846K to $870K, with an average award of $854K. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Frederick B Wells Jr Trust Fund 35060960 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
Frederick B Wells Jr Trust Fund 35060960 has distributed a total of $3.4M across 4 grants. The median grant size is $851K, with an average of $854K. Individual grants have ranged from $846K to $870K.
Frederick B Wells Jr Trust Fund 35060960 typically selects its grantees rather than accepting unsolicited proposals.
Frederick B Wells Jr Trust Fund 35060960 is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank Na | TRUSTEE | $154K | $0 | $154K |
Total Giving
$1M
Total Assets
$17.8M
Fair Market Value
$22.2M
Net Worth
$17.8M
Grants Paid
$856K
Contributions
N/A
Net Investment Income
$537K
Distribution Amount
$1M
Total: N/A
Total Grants
4
Total Giving
$3.4M
Average Grant
$854K
Median Grant
$851K
Unique Recipients
1
Most Common Grant
$846K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Minnesota FoundationGENERAL OPERATING | Minneapolis, MN | $856K | 2023 |