Isora Wells Foundation
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.
Key facts about Isora Wells Foundation
- EIN
- 20-5193741
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $395,000
- Grants made (2025)
- 15
- Average grant
- $26,333
- Median grant
- $25,000
- Total assets
- $7,412,804
- Primary geography
- Minnesota (44% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated April 2026.
Who Isora Wells Foundation funds
By grant dollars, the top recipient states for Isora Wells Foundation's 15 itemized 2025 grants were Minnesota (44%), New Mexico (29%) and New York (23%). The most frequent recipient cities were Albuquerque, NM (4 grants), St Paul, MN (3 grants), New York, NY (2 grants) and Minneapolis, MN (2 grants). 73% of grants with a stated purpose were for general or operating support.
How Isora Wells Foundation gives
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Isora Wells Foundation
- How to evaluate Isora Wells Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Isora Wells Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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.
Focus Areas
Ready to take the next step with Isora Wells Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Fred Wells Tennis & Education Center ($80,000), Community Access ($30,000), Friends of the Boundary Waters Wilderness ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRED WELLS TENNIS & EDUCATION CENTER St Paul, MN | GENERAL OPERATING SUPPORT & YOUTH SCHOLARSHIPS | $80,000 |
| COMMUNITY ACCESS New York, NY | CHANGING MINDS YOUNG FILMMAKER INITIATIVE | $30,000 |
| FRIENDS OF THE BOUNDARY WATERS WILDERNESS St Paul, MN | GENERAL OPERATING SUPPORT | $30,000 |
| LA PLAZA DE ENCUENTRO GATHERING PLACE (ENCUENTRO) Albuquerque, NM | GENERAL OPERATING SUPPORT | $30,000 |
| MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE FOUNDATION Minneapolis, MN | THOMAS WELLS ENDOWED SCHOLARSHIP (FUND 305.3025) | $30,000 |
| NEW MEXICO IMMIGRANT LAW CENTER Albuquerque, NM | GENERAL OPERATING SUPPORT | $30,000 |
| ROBIN HOOD FOUNDATION New York, NY | GENERAL OPERATING SUPPORT | $25,000 |
| THE FACE-TO-FACE PROJECT Brooklyn, NY | GENERAL OPERATING SUPPORT | $25,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION Minneapolis, MN | WESTLAKE WELLS ALCOHOL ADDICTION FUND | $25,000 |
| INDIAN PUEBLO CULTURAL CENTER Albuquerque, NM | CULTURAL DANCE PROGRAM | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wendy D Wells | President | 2 | — |
| Marika Wells | Treasurer & Vice President | 1 | $1,500 |
| Alexander Moller | Secretary | 1 | $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.
Explore Open Grants
Browse active grant opportunities in Isora Wells Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Santa Fe Community Foundation
Santa Fe, NM
Assets
$144.1M
Grants
302
Total Given
$12.4M
Texas Instruments Foundation
Dallas, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
Con Alma Health Foundation Inc
Santa Fe, NM
Assets
$33.6M
Grants
56
Total Given
$1.0M
WK Kellogg Foundation
Battle Creek, MI
Assets
$454.4M
Grants
1,778
Total Given
$286.5M
New Mexico Community Foundation
Santa Fe, NM
Assets
$60.8M
Grants
63
Total Given
$3.0M
Albuquerque Community Foundation
Albuquerque, NM
Assets
$160.6M
Grants
245
Total Given
$6.9M
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Baird Foundation Inc
Milwaukee, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Dreamspring
Albuquerque, NM
Assets
$69.2M
Grants
356
Total Given
$4.8M
PNM TNMP Foundation
Albuquerque, NM
Assets
$14.2M
Grants
169
Total Given
$1.3M
JF Maddox Foundation
Hobbs, NM
Assets
$247.3M
Grants
159
Total Given
$4.2M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in New Mexico
Data last updated April 2026. Sourced from IRS Form 990-PF filings.