The following is a list of frequently asked questions 2017-18:
What is the Terry Lee Wells Foundation?
The Terry Lee Wells Foundation is a Nevada non-profit charitable corporation established in 1999. It was created by Terry Lee Wells to carry on her philanthropic legacy into the future and fulfill her dreams of “Reaching Out, Touching Hearts, Changing Lives”.
What is the purpose of the Foundation?
The Terry Lee Wells Foundation’s purpose is to improve the quality of life in northern Nevada by exposing the underprivileged to arts, cultural, economic, and educational opportunities, with a focus on women and children. We seek to have a positive impact by offering financial resources to organizations that address the medical, educational and quality of life issues faced by the underserved population of northern Nevada.
How long will the Foundation exist?
The Terry Lee Wells Foundation is in the process of dissolution, and we expect that to be completed by June 2018
Why is the Foundation dissolving?
Over the past 16 years we have awarded close to $12 million to more than 150 organizations, and our assets have reached a point where we are no longer able to fulfill our mission and purpose
How can my organization apply for a grant?
The Foundation no longer accepts grant applications
How will the Foundation allocate funds?
Between now and May 2018 the Trustees will determine which 501(c)(3) organizations will receive our final grant funding.
What criteria will the Trustees use to select those organizations to receive final funding?
Final grants will be awarded to 501(c)(3) organizations located in any county in Nevada except Clark County who provide services or programs that will improve the quality of life in northern Nevada by exposing the underprivileged to arts, cultural, economic, and educational opportunities, with a focus on women and children. These grants may be awarded to organizations who have previously received grants from the Foundation and to those we have never funded.
Is there anything else you would like to say?
We would like to thank all the worthy organizations we have funded over the years for making northern Nevada a better place for those who may be struggling and for providing opportunities to improve the quality of life of the underprivileged, especially women and children. We are sad that we must sunset the Foundation, but we are proud to have fulfilled Terry Lee's dreams of "Reaching Out, Touching Hearts, Changing Lives".