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Jingle Wells Foundation Inc. is a private corporation based in FLAT ROCK, NC. The foundation received its IRS ruling in 2007. The principal officer is Loren W Wells. It holds total assets of $40K. Annual income is reported at N/A. Total assets have decreased from $887K in 2011 to $49K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. 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, Jingle Wells Foundation Inc. has made 5 grants totaling $80K, with a median grant of $20K. Annual giving has grown from $20K in 2021 to $60K in 2022. Individual grants have ranged from $5K to $25K, with an average award of $16K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in North Carolina and Texas. 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.
Jingle Wells Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NC, TX.
Jingle Wells Foundation Inc. has distributed a total of $80K across 5 grants. The median grant size is $20K, with an average of $16K. Individual grants have ranged from $5K to $25K.
Jingle Wells Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jingle Wells Foundation Inc. is headquartered in FLAT ROCK, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keela Wells | DIRECTOR / TREASURER | $0 | $0 | N/A |
| Bill Hale | DIRECTOR / PRESIDENT AND SECRETARY | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$49K
Fair Market Value
$49K
Net Worth
$49K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
5
Total Giving
$80K
Average Grant
$16K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ralph Sexton Evangelist Assn Dba Ralph Sexton MinistriesGENERAL PURPOSE | Asheville, NC | $25K | 2022 |
| Tim Lee MinistriesGENERAL PURPOSE | Garland, TX | $5K | 2022 |