The Jack T Wells Charitable Trust

OWENSBORO, KY EIN: 86-1230417

The Jack T Wells Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $31K in total assets. In 2025, it awarded 7 grants totaling $3K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$31K

-11.9% YoY

Annual Giving

$3K

-90.9% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$414.286

-93.5% YoY

Under IRS private-foundation payout rules, The Jack T Wells Charitable Trust reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

About The Jack T Wells Charitable Trust

Based on IRS filings

The Jack T Wells Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $31K in total assets. In 2025, it awarded 7 grants totaling $3K.

Ready to take the next step with The Jack T Wells Charitable Trust?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

LouisvilleOwensboroWhitesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$21K$41K$62K$83K20212022202320242025
Metric202520242023
Total Assets$30,850$35,000$68,200
Revenue$1,400
Expenses$4,150$33,200$7,600
Qualifying Distributions$4,150$33,200$7,600
Net Investment Income
Distributable Amount$1,603$2,958$3,544

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K0 grants20210 grants20228 grants20235 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

IMAGINATION LIBRARY OF D…$1KGRADSA$500KWC BASEBALL$500ALMA RANDOLF CHARITABLE …$400KHCF$300KENTUCKY WESLYAN COLLEG$100OWENSBORO CATHOLIC HIGH …$100

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Imagination Library of Daviess County ($1,000), Gradsa ($500), Kwc Baseball ($500).

RecipientPurposeAmount
ALMA RANDOLF CHARITABLE FOUNDATION OWENSBORO, KYPROGRAM SERVICES$400
GRADSA OWENSBORO, KYPROGRAM SERVICES$500
KHCF LOUISVILLE, KYPROGRAM SERVICES$300
KWC BASEBALL OWENSBORO, KYPROGRAM SERVICES$500
KENTUCKY WESLYAN COLLEG OWENSBORO, KYPROGRAM SERVICES$100
OWENSBORO CATHOLIC HIGH SCHOOL OWENSBORO, KYPROGRAM SERVICES$100
IMAGINATION LIBRARY OF DAVIESS COUNTY OWENSBORO, KYPROGRAM SERVICES$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
EUGENE HARGISTRUSTEE0.25
MIKE SIMPSONTRUSTEE0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Jack T Wells Charitable Trust?

The Jack T Wells Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWENSBORO, KY. It holds $31K in total assets as of 2025.

How large is The Jack T Wells Charitable Trust?

As of 2025, The Jack T Wells Charitable Trust holds $31K in total assets. It awarded 7 grants totaling $3K in 2025.

Where does The Jack T Wells Charitable Trust operate?

The Jack T Wells Charitable Trust has awarded grants in Kentucky.

What size grants does The Jack T Wells Charitable Trust award?

In 2025, The Jack T Wells Charitable Trust awarded 7 grants totaling $3K — an average of about $414.286 per grant, based on its IRS Form 990 filings.

How much is The Jack T Wells Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Jack T Wells Charitable Trust reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jack T Wells Charitable Trust's EIN?

The Jack T Wells Charitable Trust's EIN (Employer Identification Number) is 86-1230417. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in The Jack T Wells Charitable Trust's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with The Jack T Wells Charitable Trust 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

Go from researching The Jack T Wells Charitable Trust to a real strategy.

Plan your approach