Alexandria Industries Benevolent Fund

ALEXANDRIA, MN EIN: 47-5392859

Alexandria Industries Benevolent Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 13 grants totaling $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$74K

+6.2% YoY

Annual Giving

$17K

-25.8% YoY

Grant Count

13

-38.1% YoY

Avg Grant Size

$1K

+19.8% YoY

Under IRS private-foundation payout rules, Alexandria Industries Benevolent Fund reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Alexandria Industries Benevolent Fund

Based on IRS filings

Alexandria Industries Benevolent Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 13 grants totaling $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Alexandria

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$23K$35K$46K20202021202220232024
Metric202420232022
Total Assets$73,762$69,452$67,998
Revenue$24,989$27,013$25,833
Expenses$20,679$25,559$41,937
Qualifying Distributions$20,679$25,559$41,937
Net Investment Income
Distributable Amount$3,352$3,572$3,476

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$21K$31K$42K39 grants202046 grants202147 grants202221 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JOCELYN BORST$4KSANDRA THOMPSON$2KLUCAS SCHMIDT$2KBOBBY CAPP$2KALLISON MCCABE$2KJAY JOHNSON$1KCOLETE HOHMAN$1KMELISSA BITZAN$1KLARRY THORSTAD$693JAMIE CALDWELD$589

Grant Size Distribution

166 grants across all recorded years

166<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jocelyn Borst ($3,938), Sandra Thompson ($2,012), Lucas Schmidt ($1,967).

RecipientPurposeAmount
ALLISON MCCABE ALEXANDRIA, MNHARDSHIP ASSISTANCE$1,653
BOBBY CAPP ALEXANDRIA, MNHARDSHIP ASSISTANCE$1,929
BRADLEY WARZECHA ALEXANDRIA, MNHARDSHIP ASSISTANCE$553
BRANDI SCHEXSNYDER ALEXANDRIA, MNHARDSHIP ASSISTANCE$250
COLETE HOHMAN ALEXANDRIA, MNHARDSHIP ASSISTANCE$1,050
JAMIE CALDWELD ALEXANDRIA, MNHARDSHIP ASSISTANCE$589
JAY JOHNSON ALEXANDRIA, MNHARDSHIP ASSISTANCE$1,192
JOCELYN BORST ALEXANDRIA, MNHARDSHIP ASSISTANCE$3,938
KEEGAN KINSELLA ALEXANDRIA, MNHARDSHIP ASSISTANCE$100
LUCAS SCHMIDT ALEXANDRIA, MNHARDSHIP ASSISTANCE$1,967

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS SCHABELPRESIDENT/CHAIRMAN1
STEVEN SCHABELVICE PRESIDENT/VICE CHAIR1
JON OLSONTREASURER1
JANELLE WUNDERLICHSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Alexandria Industries Benevolent Fund?

Alexandria Industries Benevolent Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, MN. It holds $74K in total assets as of 2024.

How large is Alexandria Industries Benevolent Fund?

As of 2024, Alexandria Industries Benevolent Fund holds $74K in total assets with $25K in annual revenue. It awarded 13 grants totaling $17K in 2024.

Where does Alexandria Industries Benevolent Fund operate?

Alexandria Industries Benevolent Fund has awarded grants in Minnesota.

What size grants does Alexandria Industries Benevolent Fund award?

In 2024, Alexandria Industries Benevolent Fund awarded 13 grants totaling $17K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Alexandria Industries Benevolent Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alexandria Industries Benevolent Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alexandria Industries Benevolent Fund's EIN?

Alexandria Industries Benevolent Fund's EIN (Employer Identification Number) is 47-5392859. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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