Private non-operating foundationEIN 411948093Est. 2000-03
VEIT FOUNDATION
BUFFALO, MN 55362
Total Assets
$16.1M
FY 2023
Annual Giving
$148K
FY 2023
Grants Made
8
FY 2023
Avg Grant
$18K
FY 2023
Grant Range
$500–$107K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$671KThe veit automotive foundations museum continues to preserve automobiles and automotive memorabilia for future generations to enjoy and embrace. Following our mission to educate the guests of all ages we have worked on our display signage for the history of the vehicles and the brands represented on the floor. That signage along with resetting the floor layout allowed us to highlight new vehicles that have returned from restoration or are soon to return from restoration. Those changes to the museum display space's has increased the viewer experience exponentially by category. Those same display spaces saw the addition of new upgraded led light bulbs which helps us cater to older demographics.we have also been able to fill in specific categories in current collections within the collection. Additional gas pumps returned from restoration, we added additional ashtrays and shift knobs, outboard motors, hanging artwork and petroliana/americana signage from all eras.
Program 2
$140KRestoration work continues on several 1930's vehicles that are designated to fill future positions on the floor. These will be key components completing categories here at the foundation's collection.charitable giving continued in 2023 with us supporting several organizations throughout the year.
Program 3
In late 2015, the museum started a kids' club to educate children on automobiles and building hot rods. During 2019, museum representatives conducted the kids' club activities at the museum and hosted children's groups, such as girl scout troops working on their "playing the past" badges.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$1.5M
Total Expenses
$811K
Qualifying Distributions
$597K
Min. Investment Return
$7K
Grant Range
8 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
17 grants
Grant Size Distribution
17 grants
Geographic Focus
3 states
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