EIN 41-0694711

Wells Foundation / Wells Memorial Inc

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1930
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Wells Foundation / Wells Memorial Inc provides social service grants to nonprofits primarily in the area of homelessness, veterans and youth. The foundation has provided grants ranging from $2,000 to $8,000 to 22 different organizations serving homeless youth, veterans, children and families as well as formerly homeless families.
Also known as...
Wells Memorial
Total revenues
$104,133
2023
Total expenses
$127,304
2023
Total assets
$1,677,438
2023
Num. employees
0
2023

Program areas at Wells Foundation / Wells Memorial Inc

Provided grants to support solutions to homelessness and its associated issues. The Foundation made grants ranging from $2,000 to $8,000 to 22 different organizations serving homeless youth, veterans, children and families as well as formerly homeless families in transitional housing.

Grants made by Wells Foundation / Wells Memorial Inc

GranteeGrant descriptionAmount
Groveland Food ShelfAccessible Food$10,000
TubmanFor Your Youth Supportive Housing Program, Including Safe Journeys Transitional Housing and Rapid Rehousing With Rental Assistance and Support Services.$7,500
The LiftGeneral Operating Support, Which Will Help Provide Low-Cost Car Repairs for Low-Income Individuals and Help Them Retain And/or Re-Establish Stability and Housing.$7,500
...and 1 more grant made

Who funds Wells Foundation / Wells Memorial Inc

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Clive T Jaffray Charitable TrustGeneral Operating$36,141
Wells Memorial FoundationGeneral Operating$31,714
The Minneapolis FoundationPhilanthropy$22,281

Personnel at Wells Foundation / Wells Memorial Inc

NameTitleCompensation
Martha HooverPresident$0
Barbara Knowles HansonSecretary$0
Molly BottTreasurer$0
John NuechterleinVice President$0
Inez BergquistBoard President$0
...and 2 more key personnel

Financials for Wells Foundation / Wells Memorial Inc

RevenuesFYE 06/2023
Total grants, contributions, etc.$76,629
Program services$0
Investment income and dividends$38,960
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,456
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$104,133

Form 990s for Wells Foundation / Wells Memorial Inc

Fiscal year endingDate received by IRSFormPDF link
2022-062022-10-13990View PDF
2021-062021-10-28990View PDF
2020-062021-02-17990View PDF
2019-062019-11-08990View PDF
2018-062019-02-21990EZView PDF
...and 7 more Form 990s

Organizations like Wells Foundation / Wells Memorial Inc

OrganizationLocationRevenue
Spokane Public Schools FoundationSpokane, WA$125,419
The Bubbler FoundationBoiling Springs, PA$43,350
Harvard Community Education FoundationHarvard, IL$107,833
Partners in Education FoundationEl Dorado, KS$332,801
Lexington Education FoundationLexington, MA$370,050
Magnolia Education FoundationMagnolia, TX$219,287
Bulldog Education FoundationThree Rivers, TX$213,351
Entrepreneurship FoundationFairfield, CT$376,243
Key To Danville FoundationDanville, VA$35,200
Somerville Education FoundationSomerville, MA$59,751
Data update history
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 18, 2023
Updated personnel
Identified 2 new personnel
May 14, 2023
Received grants
Identified 2 new grant, including a grant for $27,081 from Wells Memorial Foundation
September 24, 2021
Received grants
Identified 1 new grant, including a grant for $27,345 from Wells Memorial Foundation
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
EducationHomelessness
Characteristics
Provides grantsPartially liquidatedState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
519 Oak Grove St
Minneapolis, MN 55403
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
wellsfound.org/ 
Phone
(651) 260-6312
IRS details
EIN
41-0694711
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1930
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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