Nonprofits›Wells Mountain Initiative Inc

International, Foreign Affairs & National Security

Wells Mountain Initiative Inc

BRISTOL, VT

Website

Total revenue

$957K

Total expenses

$1.1M

Net assets

$2.0M

Grants received

$1.2M

53 grants

EIN

203823604

Tax year

2024

Mission

To create social change through education and community building by providing bright young people in the developing world with student scholarships and skills training, building a network of grassroots leaders who are catalyzing community transformation.

Financials

FY 2024

Revenue

Contributions & grants$865K
Program service revenue—
Investment income$92K
Other revenue—
Total revenue$957K

Expenses

Grants paid$469K
Salaries & benefits$480K
Fundraising$186K
Other expenses$149K
Total expenses$1.1M
Total assets$2.1M
Net assets$2.0M

People

16 listed

NameRoleCompensation

LISA MEADOWCROFT

EXECUTIVE DIRECTOR UNTIL OCTOBER 2024

Board

$148K

40 hrs/wk

NICOLE BAKER

EXECUTIVE DIRECTOR - CURRENT

Board

$106K

40 hrs/wk

AFOLOBI OGUNNAIKE

DIRECTOR

Board

—

1 hrs/wk

PAUL JERUCHIMOWITZ

DIRECTOR

Board

—

1 hrs/wk

RICK CLAYDON

DIRECTOR

Board

—

1 hrs/wk

GAIL NYSTROM

DIRECTOR

Board

—

1 hrs/wk

JAG DALAL

DIRECTOR

Board

—

1 hrs/wk

DIDIER BLESIN

DIRECTOR

Board

—

1 hrs/wk

THOMAS M WELLS

CHAIRMAN

Board

—

4 hrs/wk

CHRISTOPHER LUTZ

DIRECTOR

Board

—

1 hrs/wk

ROBERT DILL

DIRECTOR

Board

—

1 hrs/wk

GWENAEL APOLLON

DIRECTOR

Board

—

1 hrs/wk

MARY CLARK ROMNEY

SECRETARY

Board

—

1 hrs/wk

RICK KUSHEL

TREASURER

Board

—

1 hrs/wk

KENNETH FORESTER

DIRECTOR

Board

—

1 hrs/wk

MARGARET RUSH

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 53 of 53

FromAmountPurposeYear
KAUFMAN FAMILY FOUNDATION 16115009633
$22K
GENERAL SUPPORT
2024
AMERICAN ONLINE GIVING FOUNDATION INC
$12K
GENERAL SUPPORT
2024
THE PALMEDO FAMILY FOUNDATION INC
$10K
GENERAL
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2024
JEWISH COMMUNITY FOUNDATION
$7K
DONATION
2024
THE MARY COONEY AND EDWARD ESSL
$5K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$5K
UNRESTRICTED GENERAL SUPPORT
2024
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$166K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
JEWISH COMMUNITY FOUNDATION
$36K
DONATION
2023
AMERICAN GIFT FUND
$20K
OPERATIONS
2023
KAUFMAN FAMILY FOUNDATION 16115009633
$20K
GENERAL SUPPORT
2023
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$15K
UNRESTRICTED GENERAL SUPPORT
2023
THE VALLEY HOSPITAL INC
$10K
GENERAL SUPPORT
2023
THE PALMEDO FAMILY FOUNDATION INC
$10K
GENERAL
2023
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2023
THE VERMONT COMMUNITY FOUNDATION
$8K
GENERAL PURPOSE
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$6K
For grant recipient's exempt purposes
2023
Roger & Katherine Flahive Foundation
$5K
General & Unrestrictive
2023
THE MARY COONEY AND EDWARD ESSL
$3K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
THE COOPER FOUNDATION
$1K
STUDENT LEADERSHIP TRAINING, SCHOLARSHIPS
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$163K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$43K
For grant recipient's exempt purposes
2022
AMERICAN GIFT FUND
$30K
OPERATIONS
2022
JEWISH COMMUNITY FOUNDATION
$29K
DONATION
2022
David Greenewalt Charitable Trust
$20K
GENERAL
2022
AMERICAN ENDOWMENT FOUNDATION
$17K
INTERNATIONAL
2022
Roger & Katherine Flahive Foundation
$13K
General & Unrestrictive
2022
THE PALMEDO FAMILY FOUNDATION INC
$10K
GENERAL
2022
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2022
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$6K
GENERAL SUPPORT
2022
THE COOPER FOUNDATION
$2K
STUDENT LEADERSHIP TRAINING, SCHOLARSHIPS
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$110K
For recipient's exempt purpose
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$25K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$25K
For grant recipient's exempt purposes
2021
KAUFMAN FAMILY FOUNDATION 16115009633
$22K
GENERAL SUPPORT
2021
SALAMONE FAMILY FOUNDATION INC
$10K
THE ORGANIZATION WORKS TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS, SKILLS TRAINING, AND START-UP FUNDING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.
2021
THE PALMEDO FAMILY FOUNDATION INC
$10K
GENERAL
2021
THE COOPER FOUNDATION
$1K
DONATION
2021
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$75K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$29K
For grant recipient's exempt purposes
2020
NATIONAL PHILANTHROPIC TRUST
$15K
INTERNATIONAL
2020
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2020
THE PALMEDO FAMILY FOUNDATION INC
$8K
GENERAL
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$8K
GENERAL SUPPORT
2020
David Greenewalt Charitable Trust
$5K
GENERAL
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$37K
For grant recipient's exempt purposes
2019
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$10K
UNRESTRICTED GENERAL SUPPORT
2019
THE MENDELL FAMILY FUND INC
$5K
CHARITABLE CONTRIBUTION
2019
SALAMONE FAMILY FOUNDATION INC
$15K
GENERAL PURPOSE
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$13K
For grant recipient's exempt purposes
2018
THE PALMEDO FAMILY FOUNDATION INC
$7K
GENERAL
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$6K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.2M from 18 funders · 53 grants · 2017–2024

Vanguard Charitable Endowment Program

$513K · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$185K · 8 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$80K · 8 grants · 2019–2024

Jewish Community Foundation

$71K · 3 grants · 2022–2024

Kaufman Family Foundation 16115009633

$64K · 3 grants · 2021–2024

The Palmedo Family Foundation Inc

$55K · 6 grants · 2018–2024

American Gift Fund

$50K · 2 grants · 2022–2023

American Online Giving Foundation Inc

$26K · 3 grants · 2020–2024

Details

EIN203823604
NTEE codeQ99
Subsection03
Ruling date2006-09
Formed2005
Employees6
Volunteers146
WELLS MOUNTAIN INITIATIVE INC — Mission, Financials & Grants Received | Grantivo