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Wells Memorial Fund 5209 is a private trust based in SAINT PAUL, MN. The foundation received its IRS ruling in 1938. The principal officer is 1st National Bk Of Minneapolis Ttee. It holds total assets of $522K. Annual income is reported at $235K. 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 2016 to 2023. According to available records, Wells Memorial Fund 5209 has made 4 grants totaling $118K, with a median grant of $30K. The foundation has distributed between $27K and $63K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $63K distributed across 2 grants. Individual grants have ranged from $27K to $32K, with an average award of $30K. Grant recipients are concentrated in Minnesota. 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 Memorial Fund 5209 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
Wells Memorial Fund 5209 has distributed a total of $118K across 4 grants. The median grant size is $30K, with an average of $30K. Individual grants have ranged from $27K to $32K.
Wells Memorial Fund 5209 typically selects its grantees rather than accepting unsolicited proposals.
Wells Memorial Fund 5209 is headquartered in SAINT PAUL, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $10K | $0 | $10K |
Total Giving
$40K
Total Assets
$526K
Fair Market Value
$557K
Net Worth
$526K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$26K
Total Grants
4
Total Giving
$118K
Average Grant
$30K
Median Grant
$30K
Unique Recipients
1
Most Common Grant
$32K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wells Memorial IncGENERAL OPERATING | Minneapolis, MN | $28K | 2023 |