Wells Memorial Inc
THE WELLS FOUNDATION PROVIDES SOCIAL SERVICE GRANTS TO NONPROFITS PRIMARILY IN THE AREA OF HOMELESSNESS, VETERANS AND YOUTH.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$2.0M
+9.1% YoY
Annual Giving
$65K
+65.4% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$9K
+18.1% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,034,740 | $1,865,025 | $1,677,438 |
| Revenue | $156,446 | $144,021 | $104,133 |
| Expenses | $153,943 | $135,477 | $127,304 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $80,629 | $70,771 | $27,504 |
| 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 7 recipients in 2025
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Wells Memorial Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA HOOVER | PRESIDENT | 5 | — |
| JOHN NUECHTERLEIN | VICE PRESIDENT | 5 | — |
| JIM ARNOLD | TREASURER | 5 | — |
| BARBARA KNOWLES HANSON | SECRETARY THRU 12/31/24 | 5 | — |
| HARRIET MCCLEARY | SECRETARY STARTING 1/1/25 | 5 | — |
| DAVID ALBRECHT | BOARD MEMBER | 1 | — |
| RACHAEL BABBITT | BOARD MEMBER | 1 | — |
| MOLLY BOTT | BOARD MEMBER | 1 | — |
| DAVID NICKEL | BOARD MEMBER | 1 | — |
| JOHN RAMSBOTTOM | BOARD MEMBER | 1 | — |
| LINDA SCHUBRING | BOARD MEMBER THRU 7/2/24 | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Wells Memorial Inc on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry