Mission
THE WELLS FOUNDATION PROVIDES SOCIAL SERVICE GRANTS TO NONPROFITS PRIMARILY IN THE AREA OF HOMELESSNESS, VETERANS AND YOUTH.
Public Charity
WELLS MEMORIAL INC
WELLS MEMORIAL INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $156K in revenue, $154K in expenses, $2.0M in total assets. 7 publicly reported grants to this organization, totaling roughly $115K, appear in IRS filings.
EIN: 410694711
MINNEAPOLIS, MN
Educational Services
NTEE: B90
Latest filing: 2025
Total Revenue$156K
Total Expenses$154K
Total Assets$2.0M
Grant Records7
Funding Total$115K
Filing Years2021–2025
Where $100 goes at Wells Memorial Inc
How Wells Memorial Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$83
Programs
the work itself
$17
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $83 for programs
$83
Provided grants to support solutions to homelessness and its associated issues
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATION
$27,156
EDUCATION, DONOR-ADVISED, EDUCATION
$25,785
DONOR-RECOMMENDED, PHILANTHROPY
$21,785
PHILANTHROPY
$22,281
THE VETERAN'S DAY CONCERT
$6,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
SECRETARY THRU 12/31/24
Barbara Knowles Hanson
BOARD MEMBER
David Albrecht
BOARD MEMBER
David Nickel
SECRETARY STARTING 1/1/25
Harriet Mccleary
TREASURER
Jim Arnold
VICE PRESIDENT
John Nuechterlein
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $156K | $154K | $2.0M |
| 2024 | $144K | $135K | $1.9M |
| 2023 | $104K | $127K | $1.7M |
| 2022 | $100K | $152K | $1.6M |
| 2021 | $110K | $124K | $1.9M |
Between 2021 and 2025, reported annual revenue grew from $110K to $156K (+42%), with total assets most recently reported at $2.0M.
Interactive year-over-year charts and full filing details available with membership.