L Jean & Jay S Wells Scholarship Fund is a private foundation focused on Education, based in BROCKWAY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $252K in total assets. In 2024, it awarded 11 grants totaling $11K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$252K
-2.6% YoY
Annual Giving
$11K
-15.4% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$1K
+0.0% YoY
About L Jean & Jay S Wells Scholarship Fund
Based on IRS filings
L Jean & Jay S Wells Scholarship Fund is a private foundation focused on Education, based in BROCKWAY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $252K in total assets. In 2024, it awarded 11 grants totaling $11K. Net investment income was $4K.
Focus Areas
Ready to take the next step with L Jean & Jay S Wells Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $252,029 | $258,769 | $270,002 |
| Revenue | $12,403 | $9,890 | $10,660 |
| Expenses | $19,143 | $21,123 | $20,452 |
| Qualifying Distributions | $11,000 | $13,000 | $12,000 |
| Net Investment Income | $4,260 | $2,765 | $2,208 |
| Distributable Amount | $20,098 | $15,876 | $12,761 |
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 2024
Grant Size Distribution
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R LEO FERRARO | Trustee | — | $1,200 |
| R EDWARD FERRARO | Trustee | — | $1,200 |
| STEPHEN ZARLINSKI | Trustee | — | $1,200 |
| DANIEL HAWKINS | Trustee | — | — |
| DENISE CARLINI | Trustee | — | — |
| KATIE BISH | Secretary | — | $2,400 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Best Little Cat House in PA
HARRISBURG, PA
Assets
$281K
Grants
0
Total Given
—
The Irene P Sorbara Charitable Foundation
PITTSBURGH, PA
Assets
$2.5M
Grants
2
Total Given
$131K
Penn and Lisa Seiple Conservancy
SUNBURY, PA
Assets
$1.5M
Grants
0
Total Given
—
Daniel M Tabas Family Foundation
HAVERFORD, PA
Assets
$8.0M
Grants
9
Total Given
$86K
John Griner Charitable Trust
PITTSBURGH, PA
Assets
$394K
Grants
1
Total Given
$20K
Shaffer Family Charitable Trust
BETHLEHEM, PA
Assets
$7.1M
Grants
15
Total Given
$610K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with L Jean & Jay S Wells Scholarship Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities