WELLS MEMORIAL INCORPORATED

aka Wells Foundation   |   Minneapolis, MN   |  www.wellsfound.org

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 info

1926

President

Inez Bergquist

Main address

519 Oak Grove St.

Minneapolis, MN 55403 USA

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EIN

41-0694711

NTEE code info

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

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Our programs

SOURCE: Self-reported by organization

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.

Population(s) Served

Where we work

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Financials

WELLS MEMORIAL INCORPORATED
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
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WELLS MEMORIAL INCORPORATED

Board of directors
as of 2/9/2017
SOURCE: Self-reported by organization
Board chair

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

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • 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