Wells Family Foundation Inc logo

Wells Family Foundation Inc

BROOKLYN PARK, MN EIN: 41-1732563 Website

Wells Family Foundation Inc is a private foundation established in 1992, based in Brooklyn Park, Minnesota. The foundation is a 501(c)(3) tax-exempt organization dedicated to providing support, education, and resources to help families in need improve their quality of life and achieve self-sufficiency.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$180K

+33.3% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$16K

+33.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To provide support, education, and resources to improve quality of life for families in need, with a commitment to creating a culturally sensitive environment where everyone can achieve self-sufficiency.

Primary Focus Areas:

  • Education (tutoring and school aid for children and young adults)
  • Human Services
  • Philanthropy and voluntarism
  • Financial literacy and professional development
  • Health care and healthcare services
  • Religious support and teachings
  • Dietary education and eating disorder awareness

The foundation operates comprehensive tutoring and mentorship programs focused on supporting BIPOC youth, particularly on the South Side of Chicago. Additional programming includes online classes in budgeting, financial literacy taught by volunteer financial counselors, and small venture capital funds for entrepreneurs and startups.

Grantmaking

Grant Range

of $10,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Florida, Virginia, and Texas, with additional programming focused on Chicago, Illinois.

Grant Distribution by State

15states
+7 more states

Cities

AtlantaBaton RougeBooneChicagoCoca BeachCocoa BeachColorado SpringsDallasDentonFairmontFairmouthGainesvilleHiawasseeMendota HeightsMiddleburgMinneapolisNew YorkOkeechobeePalm BeachPalm Beach Gardens

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $5,073,408
Total Giving (2024) $336,000
Total Revenues (2024) $228,717
Total Expenses (2024) $443,609
Number of Employees 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$84K$168K$251K$335K26 grants202023 grants202127 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Smithsonian Archives Ame…$45KChrist for all People$30KHanley Center Foundation$30KPalm Beach Academy$20KAlliance for Eating Diso…$10KFoxcroft School$10KNew York Cares$10KRyan Lytch Sang Foundation$10KDunklin MEmorial Church$5KJohn Hagee Ministries$5K

Grant Size Distribution

98 grants across all recorded years

98<$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

Leadership team and compensation from IRS filings

  • Adele S Merck – President
  • George Merck – Director
  • John J Knip III – Treasurer
  • Caroline G Merck – Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Adele S MerckPresident1
George MerckDirector1
John J Knip IIITreasurer4
Caroline G MerckDirector1

Contact Information

Address: 9113 Hampshire Ave N, Brooklyn Park, MN 55445-3244

Telephone: 612-333-4740

Related Funders

Similar funders by location and focus area

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

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