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Nonprofit · EIN 23-7433827

LILLIAN S WELLS FOUNDATION INC

Tax-exempt · FORT LAUDERDALE, FL 33301

Financials

$3.1M$3.2M2023$2.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of LILLIAN S WELLS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,085,158$3,277,972-$1,192,814$30,060,691$0$30,060,691
December 31, 2023990-PF$3,086,372$3,237,967-$151,595$31,253,505$0$31,253,505
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$570,829
Interest
$286,838
Net gain from sales of assets
$1,218,464
Other income
$9,027

Expenses

Grants and similar amounts paid
$2,990,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,990,000
Excise tax on investment income
$25,424

Balance sheet and other

Total assets, start of year
$31,253,505
Total assets, end of year
$30,060,691
Total liabilities, end of year
$0
Net assets, end of year
$30,060,691
Fair market value of assets
$39,781,014
Qualifying distributions
$2,990,000
Net investment income
$2,073,706

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BARBARA S WELLS
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
PRESIDENT, DIRECTOR1$0
ELLEN MCPHERSON
10905 BURBANK DRIVE, POTOMAC, MD 20854
DIRECTOR, ASSIT TREASURER1$0
JAMES I ULMER
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
DIRECTOR, VP,1$0
WALTER W BELL
410 HUNT CLUB WAY, LAKE GENEVA, WI 53147
SECRETARY1$0
MICHAEL WEYMOUTH
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
TREASURER, DIRECTOR1$0
HEIKO DOBRIKOW
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BARBARA S WELLS
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
PRESIDENT, DIRECTOR1$0
ELLEN MCPHERSON
10905 BURBANK DRIVE, POTOMAC, MD 20854
DIRECTOR, ASSIT TREASURER1$0
JAMES I ULMER
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
DIRECTOR, VP,1$0
WALTER W BELL
410 HUNT CLUB WAY, LAKE GENEVA, WI 53147
SECRETARY1$0
MICHAEL WEYMOUTH
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301
TREASURER, DIRECTOR1$0

Address and contacts

Address (IRS master file)
600 SAGAMORE ROAD, FORT LAUDERDALE, FL 33301-2215
Signed the 990-PF
BARBARA S WELLS, OFFICER/DIRECTOR
Phone
(754) 701-8508
Return prepared by
AHEARN JASCO COMPANY PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-7433827
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1975
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$30,060,691
Income (IRS master file)
$12,240,607

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,085,158$3,277,972$30,060,691XML
990-PFDecember 2023$3,086,372$3,237,967$31,253,505XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7433827).

Questions about LILLIAN S WELLS FOUNDATION INC

What is the EIN of LILLIAN S WELLS FOUNDATION INC?
The employer identification number (EIN) of LILLIAN S WELLS FOUNDATION INC is 23-7433827.
Is LILLIAN S WELLS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to LILLIAN S WELLS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LILLIAN S WELLS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of LILLIAN S WELLS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LILLIAN S WELLS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LILLIAN S WELLS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does LILLIAN S WELLS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,085,158, expenses of $3,277,972 and total assets of $30,060,691 at year end.

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