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Jack T Wells Charitable Trust is a private trust based in OWENSBORO, KY. The foundation received its IRS ruling in 2021. The principal officer is Eugene Hargis Trustee. It holds total assets of $31K. Annual income is reported at N/A. Total assets have decreased from $75K in 2020 to $31K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. According to available records, Jack T Wells Charitable Trust has made 21 grants totaling $44K, with a median grant of $500. Annual giving has grown from $12K in 2023 to $32K in 2024. Individual grants have ranged from $100 to $30K, with an average award of $2K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Kentucky. 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.
Jack T Wells Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in KY.
Jack T Wells Charitable Trust has distributed a total of $44K across 21 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from $100 to $30K.
The application deadline is NONE ESTABLISHED AT THIS TIME. Restricted to daviess county, ky, directly or indirectly.
Jack T Wells Charitable Trust is headquartered in OWENSBORO, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eugene Hargis | TRUSTEE | $0 | $0 | N/A |
| Mike Simpson | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$31K
Fair Market Value
N/A
Net Worth
$31K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$44K
Average Grant
$2K
Median Grant
$500
Unique Recipients
9
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ Redeemer ChurchPROGRAM SERVICES | Owensboro, KY | $30K | 2024 |
| Kwc BaseballPROGRAM SERVICES | Owensboro, KY | $500 | 2024 |
| GradsaPROGRAM SERVICES | Owensboro, KY | $500 | 2024 |
| Alma Randolf Charitable FoundationPROGRAM SERVICES | Owensboro, KY | $500 | 2024 |
| KhcfPROGRAM SERVICES | Louisville, KY | $300 | 2024 |
| Mentor KidsPROGRAM SERVICES | Owensboro, KY | $500 | 2023 |
| The Boulware CenterPROGRAM SERVICES | Owensboro, KY | $500 | 2023 |
| Passionist Nuns MonasteryPROGRAM SERVICES | Whitesville, KY | $100 | 2023 |
| Kentucky Wesleyan CollegePROGRAM SERVICES | Owensboro, KY | $100 | 2023 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY