Isora Wells Foundation

ALBUQUERQUE, NM EIN: 20-5193741

Isora Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 15 grants totaling $395K. Net investment income was $629K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$7.4M

+2.3% YoY

Annual Giving

$395K

+27.4% YoY

Grant Count

15

+1400.0% YoY

Avg Grant Size

$26K

-91.5% YoY

Under IRS private-foundation payout rules, Isora Wells Foundation reported a distributable amount of $427K for 2025 — the minimum it must pay out in qualifying distributions.

About Isora Wells Foundation

Based on IRS filings

Isora Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 15 grants totaling $395K. Net investment income was $629K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AlbuquerqueBrooklynMinneapolisNew YorkNew York CitySanta FeSt PaulSuperior

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$309K$618K$927K$1M20212022202320242025
Metric202520242023
Total Assets$7,412,804$7,245,361$7,357,028
Revenue$678,475$296,469$400,662
Expenses$511,032$408,136$420,491
Qualifying Distributions$449,706$361,641$365,754
Net Investment Income$629,393$251,654$357,995
Distributable Amount$427,256$392,519$384,206

Giving Over Time

Total grant dollars and number of grants per year

$0$108K$215K$323K$430K1 grants20211 grants20221 grants20231 grants202415 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

FRED WELLS TENNIS & EDUC…$80KCOMMUNITY ACCESS$30KFRIENDS OF THE BOUNDARY …$30KLA PLAZA DE ENCUENTRO GA…$30KMINNEAPOLIS COMMUNITY AN…$30KNEW MEXICO IMMIGRANT LAW…$30KROBIN HOOD FOUNDATION$25KTHE FACE-TO-FACE PROJECT$25KUNIVERSITY OF MINNESOTA …$25KINDIAN PUEBLO CULTURAL C…$20K

Grant Size Distribution

19 grants across all recorded years

14<$50K1$50–100K$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Fred Wells Tennis & Education Center ($80,000), Community Access ($30,000), Friends of the Boundary Waters Wilderness ($30,000).

RecipientPurposeAmount
ACLU FOUNDATION INC NEW YORK CITY, NYGENERAL OPERATING SUPPORT$10,000
ACLU OF NEW MEXICO FOUNDATION ALBUQUERQUE, NMGENERAL OPERATING SUPPORT$15,000
COMMUNITY ACCESS NEW YORK, NYCHANGING MINDS YOUNG FILMMAKER INITIATIVE$30,000
COMO FRIENDS ST PAUL, MNGENERAL OPERATING SUPPORT$10,000
FAMILY FORUM SUPERIOR, WIGENERAL SUPPORT FOR BRULE HEAD START LOCATION$15,000
FRED WELLS TENNIS & EDUCATION CENTER ST PAUL, MNGENERAL OPERATING SUPPORT & YOUTH SCHOLARSHIPS$80,000
FRIENDS OF THE BOUNDARY WATERS WILDERNESS ST PAUL, MNGENERAL OPERATING SUPPORT$30,000
INDIAN PUEBLO CULTURAL CENTER ALBUQUERQUE, NMCULTURAL DANCE PROGRAM$20,000
LA PLAZA DE ENCUENTRO GATHERING PLACE (ENCUENTRO) ALBUQUERQUE, NMGENERAL OPERATING SUPPORT$30,000
MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE FOUNDATION MINNEAPOLIS, MNTHOMAS WELLS ENDOWED SCHOLARSHIP (FUND 305.3025)$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

MARIKA WELLSTREASURER & VICE PRESIDENT$2KALEXANDER MOLLERSECRETARY$2K

From 2025 filing

NameTitleHoursCompensation
WENDY D WELLSPRESIDENT2
MARIKA WELLSTREASURER & VICE PRESIDENT1$1,500
ALEXANDER MOLLERSECRETARY1$1,500

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Isora Wells Foundation?

Isora Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. It holds $7.4M in total assets as of 2025.

How large is Isora Wells Foundation?

As of 2025, Isora Wells Foundation holds $7.4M in total assets with $678K in annual revenue. It awarded 15 grants totaling $395K in 2025.

Where does Isora Wells Foundation operate?

Isora Wells Foundation has awarded grants in Minnesota, New Mexico, New York, Wisconsin.

What size grants does Isora Wells Foundation award?

In 2025, Isora Wells Foundation awarded 15 grants totaling $395K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Isora Wells Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Isora Wells Foundation reported a distributable amount of $427K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Isora Wells Foundation's EIN?

Isora Wells Foundation's EIN (Employer Identification Number) is 20-5193741. IRS Form 990 filing data is available on this page for 2021–2025.

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

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