Dorothy Wells Charitable Trust

ORLANDO, FL EIN: 20-6650568

Dorothy Wells Charitable Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it awarded 8 grants totaling $30K. Net investment income was $43K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$746K

+0.9% YoY

Annual Giving

$30K

+40.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

+40.2% YoY

Under IRS private-foundation payout rules, Dorothy Wells Charitable Trust reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.

About Dorothy Wells Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $77K (56%)

Florida $15K (11%)

North Carolina $15K (11%)

Oklahoma $15K (11%)

Wisconsin $15K (11%)

States

Florida North Carolina Oklahoma Virginia Wisconsin

Cities

BrookfieldMartinsvilleOklahoma CityRaleighSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$745,906	$739,146	$779,739
Revenue	$49,583	$-9,706	$69,767
Expenses	$42,832	$30,718	$49,670
Qualifying Distributions	$37,183	$26,564	$42,512
Net Investment Income	$43,334	$13,956	$64,224
Distributable Amount	$38,563	$35,191	$37,267

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Broad Street Christian Church ($6,686), American Cancer Society Inc ($3,343), American Heart Association ($3,343).

Recipient	Purpose	Amount
AMERICAN CANCER SOCIETY INC OKLAHOMA CITY, OK	GENERAL SUPPORT	$3,343
AMERICAN HEART ASSOCIATION ST PETERSBURG, FL	GENERAL SUPPORT	$3,343
AMERICAN LUNG ASSOCIATION BROOKFIELD, WI	GENERAL SUPPORT	$3,343
EASTER SEALS UCP NORTH CAROLINA RALEIGH, NC	GENERAL SUPPORT	$3,343
BROAD STREET CHRISTIAN CHURCH MARTINSVILLE, VA	GENERAL SUPPORT	$6,686
FAMILY YOUNG MENS CHRISTIAN ASSO MARTINSVILLE, VA	GENERAL SUPPORT	$3,343
PATRICK HENRY COMMUNITY COLLEGE MARTINSVILLE, VA	GENERAL SUPPORT	$3,343
BLUE RIDGE REGIONAL LIBRARY MARTINSVILLE, VA	GENERAL SUPPORT	$3,343

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	12	$11,191

Frequently Asked Questions

How large is Dorothy Wells Charitable Trust?

As of 2024, Dorothy Wells Charitable Trust holds $746K in total assets with $50K in annual revenue. It awarded 8 grants totaling $30K in 2024.

Where does Dorothy Wells Charitable Trust operate?

Dorothy Wells Charitable Trust has awarded grants in Florida, North Carolina, Oklahoma, Virginia, Wisconsin.

What size grants does Dorothy Wells Charitable Trust award?

In 2024, Dorothy Wells Charitable Trust awarded 8 grants totaling $30K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Dorothy Wells Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dorothy Wells Charitable Trust reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dorothy Wells Charitable Trust's EIN?

Dorothy Wells Charitable Trust's EIN (Employer Identification Number) is 20-6650568. IRS Form 990 filing data is available on this page for 2020–2024.