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Mary Dana Wells Charitable Trust is a private trust based in JOHNSTON, RI. The foundation received its IRS ruling in 1993. The principal officer is Citizens Bank. It holds total assets of $4.6M. Annual income is reported at $3M. Total assets have grown from $3.5M in 2011 to $4.6M 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 2019 to 2024. The foundation primarily funds organizations in Massachusetts and Connecticut. According to available records, Mary Dana Wells Charitable Trust has made 15 grants totaling $907K, with a median grant of $55K. Annual giving has decreased from $630K in 2023 to $276K in 2024. Individual grants have ranged from $28K to $110K, with an average award of $60K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$49K
Average Grant
$49K
Largest Grant
$86K
Based on 5 grants from the most recent 990-PF filing.
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.
Mary Dana Wells Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MA, CT.
Mary Dana Wells Charitable Trust has distributed a total of $907K across 15 grants. The median grant size is $55K, with an average of $60K. Individual grants have ranged from $28K to $110K.
Mary Dana Wells Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mary Dana Wells Charitable Trust is headquartered in JOHNSTON, RI. While based in RI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citizens N A | TRUSTEE | $42K | $0 | $42K |
Total Giving
$344K
Total Assets
$4.6M
Fair Market Value
$6.2M
Net Worth
$4.6M
Grants Paid
$276K
Contributions
N/A
Net Investment Income
$185K
Distribution Amount
$281K
Total: N/A
Total Grants
15
Total Giving
$907K
Average Grant
$60K
Median Grant
$55K
Unique Recipients
5
Most Common Grant
$63K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts Eye & Ear InfirmaryUNRESTRICTED GIFT | Boston, MA | $97K | 2024 |
| Harvard University - Medical SchoolUNRESTRICTED GIFT | Cambridge, MA | $55K | 2024 |
| Trustees Of Boston UniversityUNRESTRICTED GIFT | Boston, MA | $55K | 2024 |
| The Children'S Medical CenterUNRESTRICTED GIFT | Boston, MA | $41K | 2024 |
| Connecticut LandmarksUNRESTRICTED GIFT | Hartford, CT | $28K | 2024 |