Glen Frieda And John Wells Education Fund
- Assets
- $1.1m
- Revenue
- $40.0k
- Investments
- $973.3k
- Employees
- 0
- Location
- Hartford, KY
- Founding
- 01/2001
- Data as of
- 12/2023
- EIN
- 61-1362784
Organization Overview
Glen Frieda And John Wells Education Fund is located in Hartford, KY. The organization was established in 2001. 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. Glen Frieda And John Wells Education Fund 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, Glen Frieda And John Wells Education Fund generated $40.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Glen Frieda And John Wells Education Fund has awarded 354 individual grants totaling $318,333. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,138 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$170 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $528 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,678 |
| Contributions, gifts, grants paid | $39,675 |
| Total expenses and disbursements | $41,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,906 |
| Savings and temporary cash investments | $0 |
| 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 | $1,137,213 |
| 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, Glen Frieda And John Wells Education Fund has awarded $39,675 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ELIJAH BERKLEY PURPOSE: SCHOLARSHIP | $2,023 |
HALEY CARDWELL PURPOSE: SCHOLARSHIP | $2,051 |
ALISA BLANKENSHIP PURPOSE: SCHOLARSHIP | $1,758 |
CHLOE COLE PURPOSE: SCHOLARSHIP | $200 |
MARY CONWAY PURPOSE: SCHOLARSHIP | $300 |
JOSELYN BUTTS PURPOSE: SCHOLARSHIP | $200 |