WELLS MEMORIAL INCORPORATED
Mission
Wells Foundation (aka Wells Memorial Inc.) provides financial support to entrepreneurial organizations that attempt social innovations that are measurable, cost-effective solutions to unmet needs in our community.
Wells also makes grants to social service organizations that address homelessness in and around the city of Minneapolis, Minnesota.
Ruling year
1926
President
Inez Bergquist
Main address
519 Oak Grove St.
Minneapolis, MN 55403 USA
EIN
41-0694711
NTEE code
Human Services - Multipurpose and Other N.E.C. (P99)
Public Foundations (T30)
Fund Raising and/or Fund Distribution (T12)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Community outreach - grants given to charitable organizations providing food, shelter and social services to the local community.
Where we work
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Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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WELLS MEMORIAL INCORPORATED
Board of directorsas of 2/9/2017
Inez Bergquist
Waltman Associates
Term: Jan 2017 - Jan 2019
James Davies
Allina Inc.
Inez Bergquist President
Waltman Associates
Lee Brant
Real Estate
Thomas Brandt Attorney
Lynette Reini-Grandell Educator
Normandale Community College
Karen Sandness
Translator
Kathie Goodale
Dance Artist
Bob Oganovic
Consultant
Paul Lebens-Englund Dean
St. Mark's Episcopal Cathedral
Holly Woodhull Educator
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
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