W Michael & Susan Wells Foundation Inc
W Michael & Susan Wells Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$176K
-2.3% YoY
Annual Giving
$11K
+9.8% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$3K
-17.7% YoY
About W Michael & Susan Wells Foundation Inc
Based on IRS filings
W Michael & Susan Wells Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $176,258 | $180,359 | $185,911 |
| Revenue | $8,347 | $8,073 | $33,440 |
| Expenses | $12,448 | $13,625 | $2,017 |
| Qualifying Distributions | $12,350 | $11,300 | $1,950 |
| Net Investment Income | $7,247 | $7,041 | $32,490 |
| Distributable Amount | $10,759 | $9,348 | $8,830 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W MICHAEL WELLS | PRESIDENT/DIRECTOR | 0.1 | — |
| SUSAN L WELLS | SECRETARY/TREASURER/DIRECTOR | 0.1 | — |
| JEFFREY WELLS | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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