Dorothy Wells Charitable Trust

Private foundation · Grantmaker 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 2025. As of 2025, the organization holds $745K in total assets. In 2025, it awarded 8 grants totaling $31K. Net investment income was $39K.

Key facts about Dorothy Wells Charitable Trust

In short: Dorothy Wells Charitable Trust gave $31K across 8 grants in 2025 (avg $4K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
20-6650568
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$31,464
Grants made (2025)
8
Average grant
$3,933
Median grant
$3,496
Total assets
$745,390
Primary geography
Virginia (56% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$745K

-0.1% YoY

Annual Giving

$31K

+4.6% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$4K

+4.6% YoY

Under IRS private-foundation payout rules, Dorothy Wells Charitable Trust reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

How Dorothy Wells Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 8 itemized 2025 grant dollars.

Cities

MartinsvilleBrookfieldOklahoma CityRaleighSt Petersburg

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K8 grants20208 grants20218 grants20228 grants20238 grants20248 grants2025

From 2020 to 2025, annual grant giving ranged from $21K (2023) to $37K (2022). In 2025 it made 8 grants totaling $31K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Broad Street Christian Church: $7KBroad Street Christian Church$7KAmerican Cancer Society Inc: $3KAmerican Cancer Society Inc$3KAmerican Heart Association: $3KAmerican Heart Association$3KAmerican Lung Association: $3KAmerican Lung Association$3KEaster Seals Ucp North Carolina: $3KEaster Seals Ucp NorthCarolina$3KFamily Young Mens Christian Asso: $3KFamily Young Mens ChristianAsso$3KPatrick Henry Community College: $3KPatrick Henry CommunityCollege$3KBlue Ridge Regional Library: $3KBlue Ridge Regional Library$3K

The largest 2025 recipient was Broad Street Christian Church ($7K). Together the top 8 received $31K.

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 40 grants of 40 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Broad Street Christian Church Martinsville, VAGeneral Support$6,992
American Cancer Society Inc Oklahoma City, OKGeneral Support$3,496
American Heart Association St Petersburg, FLGeneral Support$3,496
American Lung Association Brookfield, WIGeneral Support$3,496
Easter Seals Ucp North Carolina Raleigh, NCGeneral Support$3,496
Family Young Mens Christian Asso Martinsville, VAGeneral Support$3,496
Patrick Henry Community College Martinsville, VAGeneral Support$3,496
Blue Ridge Regional Library Martinsville, VAGeneral Support$3,496

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K202020212022202320242025
Metric202520242023
Total Assets$745,390$745,906$739,146
Revenue$44,754$49,583$-9,706
Expenses$45,147$42,832$30,718
Qualifying Distributions$38,474$37,183$26,564
Net Investment Income$39,084$43,334$13,956
Distributable Amount$40,671$38,563$35,191

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Dorothy Wells Charitable Trust's only listed officer is Truist Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2022

    12 hrs/week

    $11K (2022) → $11K (2025)

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Truist Bank — Trustee: $11KTruist BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).

Frequently asked questions about Dorothy Wells Charitable Trust

How much does Dorothy Wells Charitable Trust give each year?

Dorothy Wells Charitable Trust gave $31K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 8 grants.

What is Dorothy Wells Charitable Trust's typical grant size?

Dorothy Wells Charitable Trust's median grant in 2025 was $3,496, and its average grant was $3,933, across 8 grants on its 2025 IRS Form 990-PF.

Where does Dorothy Wells Charitable Trust give grants?

Dorothy Wells Charitable Trust gives mostly in Virginia: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Oklahoma (11%) and Florida (11%). The most frequent recipient cities were Martinsville, VA (4 grants).

Does Dorothy Wells Charitable Trust give general operating support?

Yes: 100% of Dorothy Wells Charitable Trust's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Dorothy Wells Charitable Trust's largest grantees?

Dorothy Wells Charitable Trust's largest 2025 grantees include Broad Street Christian Church ($6,992), American Cancer Society Inc ($3,496) and American Heart Association ($3,496), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.

How large is Dorothy Wells Charitable Trust?

Dorothy Wells Charitable Trust reported $745K in total assets on its 2025 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).

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 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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