Fred W Wells Trust
Fred W Wells Trust is a private foundation, based in Greenfield, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 1 grant totaling $346K. Net investment income was $634K.
Fred W Wells Trust at a glance
In short: Fred W Wells Trust gave $346K across 1 grant in 2025 (avg $346K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $345,794
- +25.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $345,794
- +25.8% vs 2024
- Median grant
- $345,794
- Total assets
- $4,658,370
- +5.6% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Fred W Wells Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Greenfield Savings Bank- Grants and ($346K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Fred W Wells Trust gives
- Giving grew 29% from 2022 to 2025. Method
- In 2025 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $233K (2023) to $346K (2025). In 2025 it made 1 grant totaling $346K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greenfield Savings Bank- Grants and Greenfield, MA | Individual Education Scholarships and Grants | $345,794 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,658,370 | $638,985 | $399,268 | $345,794 | 1 | $390,844 | $634,321 | $285,633 |
| 2024 | $4,413,273 | $86,299 | $336,648 | $274,817 | 1 | $307,753 | $139,265 | $271,963 |
| 2023 | $4,667,670 | $774,948 | $275,967 | $233,311 | 1 | $264,019 | $773,098 | $231,046 |
| 2022 | $4,165,503 | $39,240 | $317,123 | $267,348 | 1 | $302,728 | $94,715 | $296,621 |
| 2021 | $4,450,780 | $117,989 | $311,197 | $277,216 | 1 | — | $87,512 | $268,433 |
Under IRS private-foundation payout rules, Fred W Wells Trust reported a distributable amount of $286K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fred W Wells Trust's 2025 filing lists 16 officers; 1 of 16 officers listed in 2025 is compensated.
Officers on the 2025 filing
Carol Letson
Trustee
On filings since 2024
No compensation reported
Daniel F. Graves Esq.
Trustee
On filings since 2024
No compensation reported
Dianne Grinnell
Trustee
On filings since 2024
No compensation reported
Dot Lyman
Trustee
On filings since 2024
No compensation reported
Frank J. Cutting
Trustee
On filings since 2024
No compensation reported
Kate French
Trustee
On filings since 2024
No compensation reported
Lois Feldman
Trustee
On filings since 2024
No compensation reported
Marsha Pratt
Trustee
On filings since 2024
No compensation reported
Rebecca Frost
Trustee
On filings since 2024
No compensation reported
Ronald Sicard Jr.
Trustee
On filings since 2024
No compensation reported
Roy Emerson
Trustee
On filings since 2024
No compensation reported
Susan Shauger
Trustee
On filings since 2024
No compensation reported
Suzanne Bishop
Trustee
On filings since 2024
No compensation reported
Suzanne Taylor
Trustee
On filings since 2024
No compensation reported
Gretchen Law
Trustee
New on the 2025 filing
No compensation reported
Greenfield Savings Bank
Agent for Fiduciary
On filings since 2021
1 hr/week
$30K (2021) → $34K (2025)
Former officers (1)
- Former: Margaret Doyle (2024) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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
The highest reported compensation on the 2025 filing was $34K, to Greenfield Savings Bank (Agent for Fiduciary).
Frequently asked questions about Fred W Wells Trust
How much does Fred W Wells Trust give each year?
Fred W Wells Trust gave $346K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $275K across 1 grant.
How large is Fred W Wells Trust?
Fred W Wells Trust reported $4.7M in total assets on its 2025 IRS Form 990-PF. It paid out $391K in qualifying distributions that year, against a required minimum of $286K (roughly 5% of its investment assets).
Where does Fred W Wells Trust operate?
Fred W Wells Trust has awarded grants in Massachusetts.
What is Fred W Wells Trust's EIN?
Fred W Wells Trust's EIN (Employer Identification Number) is 04-6412350. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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