The Ida B Wells Memorial Foundation

Private foundation · Grantmaker Chicago, IL EIN: 95-4191108

The Ida B Wells Memorial Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $132K in total assets. In 2025, it awarded 1 grant totaling $6K.

Key facts about The Ida B Wells Memorial Foundation

In short: The Ida B Wells Memorial Foundation gave $6K across 1 grant in 2025 (avg $6K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.

EIN
95-4191108
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$6,000
Grants made (2025)
1
Average grant
$6,000
Median grant
$6,000
Total assets
$131,688
Primary geography
Mississippi (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$132K

-17.3% YoY

Annual Giving

$6K

-14.3% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$6K

+157.1% YoY

How The Ida B Wells Memorial Foundation gives

  • Giving fell 86% from 2022 to 2025. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2025 grant dollars.

Cities

Holly SpringsChicagoLincolnshireLorton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20203 grants20213 grants20223 grants20233 grants20241 grants2025

From 2020 to 2025, annual grant giving ranged from $3K (2020) to $42K (2022). In 2025 it made 1 grant totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Rust College: $6KRust College$6K

The largest 2025 recipient was Rust College ($6K).

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rust College Holly Springs, MSIda B Wells Scholarship$6,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K202020212022202320242025
Metric202520242023
Total Assets$131,688$159,292$176,316
Revenue$7,669$22,032$46,346
Expenses$35,273$39,056$29,429
Qualifying Distributions$28,998$39,056$29,429
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Ida B Wells Memorial Foundation is led by Michelle Duster, Chairman of the Board on every filing since 2023; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michelle Duster

    Chairman of the Board

    On filings since 2023

    3 hrs/week

    No compensation reported

  • David Duster

    Treasurer & Secretary

    On filings since 2023

    3 hrs/week

    $13K (2023) → $0 (2025)

  • Daniel Duster

    Vice Chairman

    On filings since 2023

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

David Duster — Treasurer and Secretary: $24KDavid DusterTreasurer and Secretary$24K

The highest reported compensation on the 2024 filing was $24K, to David Duster (Treasurer and Secretary).

Frequently asked questions about The Ida B Wells Memorial Foundation

How much does The Ida B Wells Memorial Foundation give each year?

The Ida B Wells Memorial Foundation gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 3 grants.

How large is The Ida B Wells Memorial Foundation?

The Ida B Wells Memorial Foundation reported $132K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $8K.

Where does The Ida B Wells Memorial Foundation operate?

The Ida B Wells Memorial Foundation has awarded grants in Illinois, Mississippi, Virginia.

What is The Ida B Wells Memorial Foundation's EIN?

The Ida B Wells Memorial Foundation's EIN (Employer Identification Number) is 95-4191108. IRS Form 990 filing data is available on this page for 2020–2025.

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

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