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Also known as: PROSPECT BANK
Wells Trust Fund is a private association based in PARIS, IL. The foundation received its IRS ruling in 0000. The principal officer is % The Citizens Bank Of Paris. It holds total assets of $570K. Annual income is reported at $266K. SCHOLARSHIP GRANT MAKING - 8 SCHOLARSHIPS ADMINISTERED. According to available records, Wells Trust Fund has made 36 grants totaling $298K, with a median grant of $9K. Annual giving has decreased from $87K in 2020 to $67K in 2023. Grantmaking activity was highest in 2022 with $144K distributed across 16 grants. Individual grants have ranged from $200 to $13K, with an average award of $8K. The foundation has supported 22 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
SCHOLARSHIP GRANT MAKING - 8 SCHOLARSHIPS ADMINISTERED
Expenses: $76K
SCHOLARSHIP GRANT MAKING - 8 SCHOLARSHIPS ADMINISTERED. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in IL.
Wells Trust Fund has distributed a total of $298K across 36 grants. The median grant size is $9K, with an average of $8K. Individual grants have ranged from $200 to $13K.
Wells Trust Fund is a private foundation. To inquire about grants, you can look up the foundation using their EIN (376115126) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Wells Trust Fund is headquartered in PARIS, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prospect Bank | TRUSTEE | $6K | $0 | $6K |
Total Giving
$96K
Total Assets
$565K
Fair Market Value
$1.5M
Net Worth
$565K
Grants Paid
$67K
Contributions
$0
Net Investment Income
$71K
Distribution Amount
$71K
Total: $328K
Total Grants
36
Total Giving
$298K
Average Grant
$8K
Median Grant
$9K
Unique Recipients
22
Most Common Grant
$9K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mary MitchellSCHOLARSHIP | Charleston, IL | $8K | 2022 |
| Gwen R MorrisSCHOLARSHIP | Toluca, IL | $13K | 2023 |
| Braylon NugentSCHOLARSHIP | Charleston, IL | $13K | 2023 |
| Ethan ViceSCHOLARSHIP | Charleston, IL | $11K | 2023 |
| William TempletonSCHOLARSHIP | Champaign, IL | $11K | 2023 |
PARIS, IL
PARIS, IL
PARIS, IL
BENTONVILLE, AR
PARIS, IL
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Kacey NewhartSCHOLARSHIP | Charleston, IL | $6K | 2023 |
| Macy MitchellSCHOLARSHIP | Charleston, IL | $5K | 2023 |
| Robert Lee Rollins IiiSCHOLARSHIP | Charleston, IL | $5K | 2023 |
| Gwen MorrisSCHOLARSHIP | Charleston, IL | $3K | 2023 |
| Brooklyn WesterfieldSCHOLARSHIP | Champaign, IL | $9K | 2022 |
| Olivia TheirlSCHOLARSHIP | Charleston, IL | $9K | 2022 |
| Cooper BlockSCHOLARSHIP | Champaign, IL | $8K | 2022 |
| Hayley HardinSCHOLARSHIP | Chapaign, IL | $11K | 2020 |
| Faith MorrisSCHOLARSHIP | Toluca, IL | $11K | 2020 |
| Emily HallSCHOLARSHIP | Champaign, IL | $10K | 2020 |
| Everett LauSCHOLARSHIP | Charleston, IL | $10K | 2020 |
| James WalkerSCHOLARSHIP | Champaign, IL | $7K | 2020 |
| Hannah EmbertonSCHOLARSHIP | Champaign, IL | $6K | 2020 |
| Cooper Boone BlockSCHOLARSHIP | Urbana, IL | $6K | 2020 |
| Colton LandrumSCHOLARSHIP | Decatur, IL | $6K | 2020 |
| Bailee EslingerSCHOLARSHIP | Charleston, IL | $5K | 2020 |
| Faith D MorrisSCHOLARSHIP | Charelston, IL | $200 | 2020 |
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