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Wells Family Foundation is a private corporation based in PROSPECT, KY. The foundation received its IRS ruling in 2000. It holds total assets of $72K. Annual income is reported at $30K. The foundation is governed by 4 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 2020 to 2024. According to available records, Wells Family Foundation has made 4 grants totaling $30K, with a median grant of $8K. The foundation has distributed between $15K and $15K annually from 2021 to 2022. Individual grants have ranged from $5K to $10K, with an average award of $8K. The foundation has supported 3 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.
Wells Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KY.
Wells Family Foundation has distributed a total of $30K across 4 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $5K to $10K.
Wells Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wells Family Foundation is headquartered in PROSPECT, KY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| March Wells Iii | President | $0 | $0 | N/A |
| Paul Wells | Secretary | $0 | $0 | N/A |
| Amy M Wells | Treasurer | $0 | $0 | N/A |
| John Wells | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$84K
Fair Market Value
N/A
Net Worth
$84K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$30K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Joseph'S Childrens HomeHELP WITH OPERATING EXPENSES | Louisville, KY | $8K | 2022 |
| Trinity High SchoolSCHOLARSHIPS FOR TUITION. | Louisville, KY | $10K | 2021 |
| Home Of The InnocentsHELP WITH OPERATING EXPENSES | Louisville, KY | $5K | 2021 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY