Psalm 40 Ventures Inc
Preselected recipients only
Psalm 40 Ventures Inc is a private foundation in Madison, Wisconsin. In tax year 2025 it gave $45,000 in 2 grants; the typical grant was $22,500 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$45,000
- Number of grants2
- Typical grant$22,500
- Largest grant$25,000
- Assets$16,661
Giving in 2025 was up from $4,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $8,500 | 3 | $3,880 |
| 2024 | $4,000 | 1 | $4,429 |
| 2025 | $45,000 | 2 | $16,661 |
How to apply
Psalm 40 Ventures 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 Psalm 40 Ventures Inc funds
Where it gives
All of its grants went to recipients in Wisconsin.
| State | Grants | Amount |
|---|---|---|
| Wisconsin | 2 | $45,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| West High School Class of 1976 | To support the 250th anniversary of the united states | $25,000 |
| Individual | Financial assistance for mortgage | $20,000 |
Officers and trustees
- Kurtis Welton
- Susan Welton
- Richard Heilman
Questions people ask
Does Psalm 40 Ventures Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Psalm 40 Ventures Inc give?
$45,000 in tax year 2025, across 2 grants, with a typical grant of $22,500.
Who runs Psalm 40 Ventures Inc?
Its 2025 filing lists Kurtis Welton (President / Treasurer), Susan Welton (Vice President) and Richard Heilman (Secretary).
What does Psalm 40 Ventures Inc fund?
Based on its grants, mainly education.