Melrow and Barbara Wells Fdn

LOUISVILLE, KY EIN: 87-6892445

Melrow and Barbara Wells Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $914K in total assets. In 2024, it awarded 15 grants totaling $35K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$914K

-2.2% YoY

Annual Giving

$35K

Grant Count

15

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Melrow and Barbara Wells Fdn reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About Melrow and Barbara Wells Fdn

Based on IRS filings

Melrow and Barbara Wells Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $914K in total assets. In 2024, it awarded 15 grants totaling $35K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ElktonFrankfortHansonHopkinsvilleLewisburgLibertyLodiMadisonMadisonvilleMemphis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$198K$396K$595K$793K2021202220232024
Metric202420232022
Total Assets$914,144$934,890$920,689
Revenue$26,304$22,702$720,909
Expenses$47,043$8,501$36,128
Qualifying Distributions$38,196$2,040$5,347
Net Investment Income$12,811$11,293$713,878
Distributable Amount$51,193$42,753$30,078

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$35K1 grants20210 grants20220 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Jude Children's Hospi…$26KNEW HARMONY GENERAL BAPT…$4KSALVATION ARMY OF HOPKIN…$1KSANCTUARY INC$354HABITAT FOR HUMANITY HOP…$354PENNYROYAL REGIONAL VETE…$354WESTERN KENTUCKY VETERAN…$354GRACE AND MERCY$354LEWISBURG FIRE DEPARTMENT$354TODD CO SENIOR CITIZENS …$354

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Jude Children's Hospital ($25,520), New Harmony General Baptist Church ($4,253), Salvation Army of Hopkinsivlle ($1,418).

RecipientPurposeAmount
SANCTUARY INC HOPKINSVILLE, KYCHARITABLE$354
HABITAT FOR HUMANITY HOPKINSVILLE Hopkinsville, KYCHARITABLE$354
PENNYROYAL REGIONAL VETERANS Hopkinsville, KYCHARITABLE$354
WESTERN KENTUCKY VETERANS CENTER Hanson, KYCHARITABLE$354
SALVATION ARMY OF HOPKINSIVLLE HOPKINSVILLE, KYCHARITABLE$1,418
GRACE AND MERCY Lodi, CACHARITABLE$354
NEW HARMONY GENERAL BAPTIST CHURCH Lewisburg, KYCHARITABLE$4,253
LEWISBURG FIRE DEPARTMENT Lewisburg, TNCHARITABLE$354
TODD CO SENIOR CITIZENS CENTER Elkton, KYCHARITABLE$354
TODD COUNTY FIRE DEPARTMENT Elkton, KYCHARITABLE$354

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BAIRD TRUST COMPANYTRUSTEE$10K

From 2024 filing

NameTitleHoursCompensation
BAIRD TRUST COMPANYTRUSTEE1$10,026

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Melrow and Barbara Wells Fdn?

Melrow and Barbara Wells Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $914K in total assets as of 2024.

How large is Melrow and Barbara Wells Fdn?

As of 2024, Melrow and Barbara Wells Fdn holds $914K in total assets with $26K in annual revenue. It awarded 15 grants totaling $35K in 2024.

Where does Melrow and Barbara Wells Fdn operate?

Melrow and Barbara Wells Fdn has awarded grants in California, Indiana, Kentucky, Tennessee.

What size grants does Melrow and Barbara Wells Fdn award?

In 2024, Melrow and Barbara Wells Fdn awarded 15 grants totaling $35K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Melrow and Barbara Wells Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Melrow and Barbara Wells Fdn reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Melrow and Barbara Wells Fdn's EIN?

Melrow and Barbara Wells Fdn's EIN (Employer Identification Number) is 87-6892445. IRS Form 990 filing data is available on this page for 2021–2024.

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

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