The Well Foundation is a private foundation focused on Religion Related, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $917K in total assets. In 2024, it awarded 5 grants totaling $87K. Net investment income was $88K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$917K
+20.6% YoY
Annual Giving
$87K
+19.8% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$17K
-4.2% YoY
Under IRS private-foundation payout rules, The Well Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About The Well Foundation
Based on IRS filings
The Well Foundation is a private foundation focused on Religion Related, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $917K in total assets. In 2024, it awarded 5 grants totaling $87K. Net investment income was $88K.
Focus Areas
Ready to take the next step with The Well Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $916,658 | $760,052 | $656,615 |
| Revenue | $469,135 | $187,369 | $393,295 |
| Expenses | $168,840 | $85,861 | $17,687 |
| Qualifying Distributions | $112,046 | $76,417 | $8,500 |
| Net Investment Income | $88,219 | $918 | $156,528 |
| Distributable Amount | $51,866 | $40,124 | $34,413 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Young Life ($35,000), International Justice Mission ($15,285), Compassion International ($15,215).
| Recipient | Purpose | Amount |
|---|---|---|
| YOUNG LIFE COLORADO SPRINGS, CO | SUPPORTING YOUNG CHILDERN AND STUDENTS | $35,000 |
| RESCUEFREEDOM INTERNATIONAL KIRKLAND, WA | SUPPORTING THE FIGHT AGAINST HUMEN TRAFFICKING | $9,500 |
| INTERNATIONAL JUSTICE MISSION ARLINGTON, VA | SUPPORTING CHILDREN WHO'VE BEEN EXPLOITED | $15,285 |
| FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MO | SUPPORTING FELLOWSHIP OF ATHLETES | $12,000 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | SUPPORTING CHILDREN LIVED IN POVERTY | $15,215 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUSTIN COLE HOPKINS | PRESIDENT | 1 | — |
| GABRIELLE RENEE HOPKINS | TREASURER | 1 | — |
| ANDREW MACDONALD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Well Foundation?
The Well Foundation is a private foundation focused on Religion Related, based in AUSTIN, TX. It holds $917K in total assets as of 2024.
How large is The Well Foundation?
As of 2024, The Well Foundation holds $917K in total assets with $469K in annual revenue. It awarded 5 grants totaling $87K in 2024.
Where does The Well Foundation operate?
The Well Foundation has awarded grants in Arizona, Colorado, Georgia, Missouri, Tennessee, Texas, Virginia, Washington.
What size grants does The Well Foundation award?
In 2024, The Well Foundation awarded 5 grants totaling $87K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is The Well Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Well Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Well Foundation's EIN?
The Well Foundation's EIN (Employer Identification Number) is 84-3960620. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Well Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Well Foundation 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 Well Foundation to a real strategy.