1. Directory
  2. New York
  3. Amherst
  4. Franklin H and Ruth L Wells Foundation
EIN 22-2541749

Franklin H and Ruth L Wells Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Amherst
State
New York
Year formed
1984
Most recent tax filings
2024-05-01
NTEE code, primary
T20: Private Foundations
Description
The Franklin H and Ruth L Wells Foundation is a private foundation located in Amherst, NY that primarily funds general purposes. They made 18 grants last year, with Capital Region Literacy Council among their grantees.
Total revenues
$306,841
2024
Total expenses
$341,542
2024
Total assets
$5,714,890
2024
Num. employees
0
2024

Grants made by Franklin H and Ruth L Wells Foundation

GranteeGrant descriptionAmount
Trine UniversityGeneral$37,500
The Capital Region Literacy CouncilGeneral$27,375
United Way of the Capital Region (UWCR)General$20,000
...and 6 more grants made

Personnel at Franklin H and Ruth L Wells Foundation

NameTitleCompensation
Joseph A MacRiExecutive Director$9,900
M T Trust CompanySenior Vice President$28,114

Financials for Franklin H and Ruth L Wells Foundation

RevenuesFYE 05/2024
Total grants, contributions, etc.$0
Investment income and dividends$156,357
Net rental income$0
Net gain from sale of non-inventory assets$150,484
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$306,841

Form 990s for Franklin H and Ruth L Wells Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-052024-10-10990PFView PDF
2023-052023-10-10990PFView PDF
2022-052022-10-05990PFView PDF
2021-052021-10-11990PFView PDF
2020-052021-02-25990PFView PDF
...and 8 more Form 990s
Data update history
November 28, 2023
Posted financials
Added Form 990PF for fiscal year 2023
November 28, 2023
Updated personnel
Identified 1 new personnel
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 7, 2023
Posted financials
Added Form 990PF for fiscal year 2022
May 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
626 Commerce Dr - 3rd Floor
Amherst, NY 14228
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Phone
(712) 255-2174
IRS details
EIN
22-2541749
Fiscal year end
May
Taxreturn type
Form 990-PF
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Franklin H and Ruth L Wells Foundation has new information, or want to find more organizations like Franklin H and Ruth L Wells Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy