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Wells Foundation Inc. is a private corporation based in LOUISVILLE, KY. The foundation received its IRS ruling in 1968. It holds total assets of $6.1M. Annual income is reported at $303K. According to available records, Wells Foundation Inc. has made 64 grants totaling $1.2M, with a median grant of $10K. Annual giving has grown from $227K in 2022 to $418K in 2024. Grantmaking activity was highest in 2023 with $603K distributed across 34 grants. Individual grants have ranged from $100 to $200K, with an average award of $19K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Kentucky, Virginia, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Wells Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in KY, VA, FL.
Wells Foundation Inc. has distributed a total of $1.2M across 64 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $100 to $200K.
Wells Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wells Foundation Inc. is headquartered in LOUISVILLE, KY. While based in KY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Wells | DIRECTOR | $0 | $0 | $0 |
| Darrell Wells | DIRECTOR | $0 | $0 | $0 |
Total Giving
$426K
Total Assets
$6M
Fair Market Value
$6.6M
Net Worth
$6M
Grants Paid
$418K
Contributions
$0
Net Investment Income
$348K
Distribution Amount
$321K
Total Grants
64
Total Giving
$1.2M
Average Grant
$19K
Median Grant
$10K
Unique Recipients
27
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy TrinityUNRESTRICTED GIFT | Louisville, KY | $126K | 2024 |
| Catholic Education FoundationUNRESTRICTED GIFT | Louisville, KY | $20K | 2024 |
| United WayUNRESTRICTED GIFT | Alexandria, VA | $15K | 2023 |
| Waterfront Botanical GardensUNRESTRICTED GIFT | Louisville, KY | $5K | 2023 |
| Ed Choice KentuckyUNRESTRICTED GIFT | Frankfort, KY | $200K | 2024 |
| Speed Art MuseumUNRESTRICTED GIFT | Louisville, KY | $25K | 2024 |
| Sacred Heart Academy Annual FundUNRESTRICTED GIFT | Louisville, KY | $10K | 2024 |
| Saint Xavier High SchoolUNRESTRICTED GIFT | Louisville, KY | $10K | 2024 |
| Catholic Services AppealUNRESTRICTED GIFT | Louisville, KY | $10K | 2024 |
| Filson Historical SocietyUNRESTRICTED GIFT | Louisville, KY | $5K | 2024 |
| Lost Tree FoundationUNRESTRICTED GIFT | North Palm Beach, FL | $4K | 2024 |
| Cedar Lake FoundationUNRESTRICTED GIFT | Louisville, KY | $3K | 2024 |
| West End SchoolUNRESTRICTED GIFT | Louisville, KY | $2K | 2024 |
| University Of Louisville FoundationUNRESTRICTED GIFT | Louisville, KY | $2K | 2024 |
| Nazareth HomeUNRESTRICTED GIFT | Louisville, KY | $1K | 2024 |
| St Phillip The ApostleUNRESTRICTED GIFT | Morrow, OH | $800 | 2024 |
| Baptist HealthcareUNRESTRICTED GIFT | Louisville, KY | $18K | 2023 |
| Cathedral Of The AssumptionUNRESTRICTED GIFT | Louisville, KY | $12K | 2023 |
| Yew Dell IncUNRESTRICTED GIFT | Crestwood, KY | $10K | 2023 |
| Fund For The ArtsUNRESTRICTED GIFT | Louisville, KY | $10K | 2023 |
| River Fields IncUNRESTRICTED GIFT | Louisville, KY | $3K | 2023 |
| Mayo ClinicUNRESTRICTED GIFTT | Rochester, MN | $1K | 2023 |
| Sisters For LifeUNRESTRICTED GIFT | Louisville, KY | $500 | 2023 |
| Eisenhower FoundationUNRESTRICTED GIFT | Albilene, KS | $100 | 2023 |
| Immaculata Classical AcademyUNRESTRICTED GIFT | Louisville, KY | $2K | 2022 |
| Leukemia And Lymphoma SocietyUNRESTRICTED GIFT | New York, NY | $1K | 2022 |
| Kentucky Bankers ReliefUNRESTRICTED GIFT | Louisville, KY | $1K | 2022 |
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