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Filing year 2024

THE WELLS FOUNDATION

Louisville, Kentucky·EIN 38-6157507·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$303k
Total assets
$6.1M
Total expenses
$223k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE WELLS FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$213k

Itemized grants

15

Median grant

$8k

RecipientLocationPurposeAmount
HOLY TRINITYLOUISVILLE, KYUNRESTRICTED GIFT$65k
SPEED ART MUSEUMLOUISVILLE, KYUNRESTRICTED GIFT$44k
FILSON HISTORICAL SOCIETYLOUISVILLE, KYUNRESTRICTED GIFT$32k
CATHOLIC SERVICES APPEALLOUISVILLE, KYUNRESTRICTED GIFT$10k
SACRED HEART ACADEMY ANNUAL FUNDLOUISVILLE, KYUNRESTRICTED GIFT$10k
SAINT XAVIER HIGH SCHOOLLOUISVILLE, KYUNRESTRICTED GIFT$10k
JUNIOR ACHIEVENMENT OF KENTUCKIANALOUISVILLE, KYUNRESTRICTED GIFT$10k
LOST TREE FOUNDATIONNORTH PALM BEACH, FLUNRESTRICTED GIFT$8k
VIRGINIA CHANCE SCHOOLLOUISVILLE, KYUNRESTRICTED GIFT$6k
GILDA'S CLUBLOUISVILLE, KYUNRESTRICTED GIFT$5k
MAYFIELD SENIOR SCHOOL OF THE HOLY CHILD JESUSPASADENA, CAUNRESTRICTED GIFT$5k
KMAC COUTRELOUISVILLE, KYUNRESTRICTED GIFT$4k
RIVER FIELDSLOUISVILLE, KYUNRESTRICTED GIFT$3k
THE NICHOLSON PROJECTWASHINGTON, DCUNRESTRICTED GIFT$1k
SIGNATURE THEATREARLINGTON, VAUNRESTRICTED GIFT$500
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

THE WELLS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$356k
$426k
2023
$303k
$223k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky

THE WELLS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Kentucky earns a median of $16,300.

25th percentile
$6k
Median
$16,300
75th percentile
$49k
90th percentile
$120k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 260 organizations across 260 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky
FAQ

Common questions about THE WELLS FOUNDATION

What are THE WELLS FOUNDATION's revenue and expenses?

In 2024, THE WELLS FOUNDATION reported $303k in total revenue and $223k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.