Mark M Welter Foundation Inc
Preselected recipients only
Mark M Welter Foundation Inc is a private foundation in Le Sueur, Minnesota. In tax year 2024 it gave $456,398 in 14 grants; the typical grant was $25,000 and the largest $70,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$456,398
- Number of grants14
- Typical grant$25,000
- Largest grant$70,000
- Assets$9.4 million
- New grantees57%
Giving in 2024 was up from $385,200 the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $385,200 | 11 | $7.9 million |
| 2024 | $456,398 | 14 | $9.4 million |
How to apply
Mark M Welter Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Mark M Welter Foundation Inc funds
Where it gives
Its grants went to recipients in 3 states, the most to Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 9 | $316,398 |
| Illinois | 4 | $115,000 |
| Wisconsin | 1 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Grant | $70,000 |
| University of Illinois | Donation | $50,000 |
| St Cloud Tech College | Donation | $50,000 |
| U of MN - School of Public Health | Scholarship | $50,000 |
| Individual | Donation | $46,000 |
| Individual | Donations | $35,000 |
| Individual | Funding | $25,000 |
| Individual | Charitable giving | $25,000 |
| Individual | Donation | $25,000 |
| Individual | Donation | $25,000 |
| St Anne School | Grant | $21,000 |
| Rockford Urban Ministries | Donation | $15,000 |
| Isd 2397 | School funding | $13,198 |
| Mankato Loyola School | Scholarships | $6,200 |
Officers and trustees
- John Skubitz
- Peter Schoeppner
- Chrietina R Welter
- David Muzic
Questions people ask
Does Mark M Welter Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Mark M Welter Foundation Inc give?
$456,398 in tax year 2024, across 14 grants, with a typical grant of $25,000.
Who runs Mark M Welter Foundation Inc?
Its 2024 filing lists John Skubitz (Officer), Peter Schoeppner (Officer), Chrietina R Welter (Officer) and David Muzic (Officer).
What does Mark M Welter Foundation Inc fund?
Based on its grants, mainly education.