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EIN 41-0694711

Wells Foundation / Wells Memorial Inc

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Minneapolis
State
Minnesota
Year formed
1930
Most recent tax filings
2023-06-01
NTEE code, primary
B90: Educational Services
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 FoundationDonor-Recommended, Philanthropy$21,785

Personnel at Wells Foundation / Wells Memorial Inc

NameTitleCompensation
Martha HooverPresident$0
Molly BottTreasurer$0
Barbara Knowles HansonSecretary$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
2023-062023-10-30990View PDF
2022-062022-10-13990View PDF
2021-062021-10-28990View PDF
2020-062021-02-17990View PDF
2019-062019-11-08990View PDF
...and 8 more Form 990s
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 20, 2024
Updated personnel
Identified 2 new personnel
January 14, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersMilitary and veteran charitiesCharities
Issues
EducationHomelessnessMilitary and veterans
Characteristics
Provides grantsPartially liquidatedState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
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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