NonprofitsNew Ulm Area Foundation Inc

Community Foundations

New Ulm Area Foundation Inc

NEW ULM, MN

Total revenue

$512K

Total expenses

$341K

Net assets

$3.5M

Grants received

$2.5M

9 grants

EIN

464703262

Tax year

2024

Mission

The mission of new ulm area foundation is to address the needs of the community by growing the endowments funds and providing financial grants from the earnings of those funds. The foundation focuses its grant funding in the areas of the arts, education, economic development and historic preservation.

Financials

FY 2024

Revenue

Contributions & grants$322K
Program service revenue$55
Investment income$190K
Other revenue
Total revenue$512K

Expenses

Grants paid$277K
Salaries & benefits$30K
Fundraising$15K
Other expenses$33K
Total expenses$341K
Total assets$3.5M
Net assets$3.5M

People

12 listed

NameRoleCompensation

LISA BESEMER

DIRECTOR

Board

1 hrs/wk

CARISA BUEGLER

DIRECTOR

Board

1 hrs/wk

GENE CLARK

DIRECTOR

Board

1 hrs/wk

DUSTAN CROSS

DIRECTOR

Board

1 hrs/wk

SHARI FISCHER

DIRECTOR

Board

1 hrs/wk

SHANNON HILLESHEIM

VICE PRESIDE

Board

2 hrs/wk

ZACH JENSEN

DIRECTOR

Board

1 hrs/wk

MIKE LIEB

DIRECTOR

Board

1 hrs/wk

JENNA PETERSON

SECRETARY/TR

Board

2 hrs/wk

KATHY VAN ROEKEL

PRESIDENT/DI

Board

2 hrs/wk

COLLEEN SKILLINGS

DIRECTOR

Board

1 hrs/wk

BOB WEBB

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$15K
GENERAL SUPPORT OF ORGANIZATION
2024
$25K
FOR GENERAL SUPPORT OF ORGANIZATION
2023
$1.9M
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$20K
CHARITABLE DONATION
2022
$149K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$200K
For grant recipient's exempt purposes
2020
$67K
MULTIPLE PURPOSES
2020
$54K
MULTIPLE GRANTS
2019

Funded by

$2.5M from 7 funders · 9 grants · 2019–2024

Saint Paul & Minnesota Foundation

$2.2M · 3 grants · 2020–2022

Minnesota Community Foundation

$54K · 1 grant · 2019

Mickelson Media Foundation Inc

$25K · 1 grant · 2023

Charities Aid Foundation America

$20K · 1 grant · 2022

Scandia Foundation Inc

$15K · 1 grant · 2024

American Endowment Foundation

$5K · 1 grant · 2022

Details

EIN464703262
NTEE codeT31
Subsection03
Ruling date2019-04
Formed2019
Employees1
Volunteers14
NEW ULM AREA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo