Wells Family Foundation Inc
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
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
States
Cities
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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Adele S Merck | President | 1 | — |
| George Merck | Director | 1 | — |
| John J Knip III | Treasurer | 4 | — |
| Caroline G Merck | Director | 1 | — |
Contact Information
Address: 9113 Hampshire Ave N, Brooklyn Park, MN 55445-3244
Telephone: 612-333-4740
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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