The Wells Texas Foundation

AUSTIN, TX EIN: 76-0574582

The Wells Texas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 3 grants totaling $19K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$625K

+36.6% YoY

Annual Giving

$19K

+18.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$6K

+18.8% YoY

About The Wells Texas Foundation

Based on IRS filings

The Wells Texas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 3 grants totaling $19K. Net investment income was $18K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AustinDallasFriendswoodMcallenRockport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$101K$152K$203K20202021202220232024
Metric202420232022
Total Assets$624,890$457,295$95,718
Revenue$184,268$78,365$12,441
Expenses$19,550$16,000$9,325
Qualifying Distributions$19,000$16,825$9,325
Net Investment Income$18,398$15,365$12,441
Distributable Amount$20,423$19,719$17,257

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$14K$19K1 grants20201 grants20211 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

THE UNIVERSITY OF TEXAS …$10KTRI DELTA'S FOUNDATION$6KLUTHERAN EDUCATION ASSOC…$3K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
SHARON BARRETTDIRECTOR1
KEN WELLSPRESIDENT/TREASURER1
STEPHANIE ROSENFELDDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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