George Wells Foundation Ui 125-13172606
- Assets
- $4.4m
- Revenue
- $149.4k
- Investments
- $4.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 04-6038039
Organization Overview
George Wells Foundation Ui 125-13172606 is located in Dallas, TX. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Wells Foundation Ui 125-13172606 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, George Wells Foundation Ui 125-13172606 generated $149.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $283.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George Wells Foundation Ui 125-13172606 has awarded 99 individual grants totaling $1,783,543. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,333 |
| Capital Gain Net Income | $16,333 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,401 |
| Total Revenue | $149,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $58,382 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,628 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,575 |
| Total operating and administrative expenses | $78,031 |
| Contributions, gifts, grants paid | $205,500 |
| Total expenses and disbursements | $283,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $189,298 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,379,049 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, George Wells Foundation Ui 125-13172606 has awarded $205,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
LITERACY VOLUNTEERS OF THE TRI-COMMUNITY PURPOSE: UNRESTRICTED GENERAL | $10,000 |
HARRINGTON MEMORIAL HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $20,000 |
OLD STURBRIDGE VILLAGE PURPOSE: UNRESTRICTED GENERAL | $15,000 |
CATHOLIC CHARITIES OF WORCESTER PURPOSE: UNRESTRICTED GENERAL | $10,000 |
MASSACHUSETTS ADOPTION RESOURCE EXCHANGE PURPOSE: UNRESTRICTED GENERAL | $10,000 |
BIG BROTHERS BIG SISTERS OF CNTL MA PURPOSE: UNRESTRICTED GENERAL | $10,000 |