Veit Foundation
Preselected recipients only
Veit Foundation is a private foundation in Buffalo, Minnesota. In tax year 2024 it gave $152,400 in 11 grants; the typical grant was $5,000 and the largest $50,000. 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$152,400
- Number of grants11
- Typical grant$5,000
- Largest grant$50,000
- Assets$19.6 million
- New grantees55%
Giving in 2024 was up from $140,178 the year before.
55% 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 | $140,178 | 8 | $16.1 million |
| 2024 | $152,400 | 11 | $19.6 million |
How to apply
Veit Foundation 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.
Foundation website IRS filings on ProPublica
What Veit Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 8 | $76,900 |
| Texas | 1 | $50,000 |
| Wisconsin | 1 | $25,000 |
| North Dakota | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Yellow House Foundation | General support | $50,000 |
| Pease Community Foundation | General support | $30,000 |
| Horizon School | General support | $25,000 |
| Change the Outcome | General support | $25,000 |
| Motorhead Maddness | Sponsorship and young backyard builders program | $7,500 |
| Parenting With Grace | General support | $5,000 |
| Youth Investment Foundation DBA Timber Bay | To support buffalo timber bay | $4,400 |
| Maple Lake Chamber of Commerce Inc | Sponsorship | $4,000 |
| Scavengers Auto Club | Young backyard builders program | $500 |
| Coldspring Street Machines | Young backyard builders program | $500 |
| Rydell Car Show | Young backyard builders program | $500 |
Officers and trustees
- Vaughn A Veit
- Kelly Veit
- Andy Anderson
- Butch Hass
Questions people ask
Does Veit Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Veit Foundation give?
$152,400 in tax year 2024, across 11 grants, with a typical grant of $5,000.
Who runs Veit Foundation?
Its 2024 filing lists Vaughn A Veit (Ceo/Treasurer), Kelly Veit (Vice President), Andy Anderson (Director) and Butch Hass (Director).
What does Veit Foundation fund?
Based on its grants, mainly community development.