Diercks Foundation

RED WING, MN EIN: 20-3949720

Diercks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED WING, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$105K

+0.1% YoY

Annual Giving

$6K

+22.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+22.2% YoY

Under IRS private-foundation payout rules, Diercks Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Diercks Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $26K (100%)

States

Minnesota

Cities

Red Wing

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$104,552	$104,446	$106,650
Revenue	$7,093	$3,641	$-5,592
Expenses	$6,986	$5,845	$4,398
Qualifying Distributions	$5,525	$5,000	$3,450
Net Investment Income	$6,171	$2,810	$1,008
Distributable Amount	$5,367	$5,234	$5,581

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Johns Lutheran Church ($4,000), Hannah Stewart - Scholarship ($1,500).

Recipient	Purpose	Amount
HANNAH STEWART - SCHOLARSHIP RED WING, MN	DIERCKS SCHOLARSHIP FOR COLLEGE TUITION	$1,500
ST JOHNS LUTHERAN CHURCH RED WING, MN	RELIGIOUS	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ARLEN W DIERCKS	PRES/TREAS	0.1	—
LYNN M DIERCKS	V. PRES/SEC	0.1	—
WAYNE A DIERCKS	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Diercks Foundation?

Diercks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED WING, MN. It holds $105K in total assets as of 2024.

How large is Diercks Foundation?

As of 2024, Diercks Foundation holds $105K in total assets with $7K in annual revenue. It awarded 2 grants totaling $6K in 2024.

Where does Diercks Foundation operate?

Diercks Foundation has awarded grants in Minnesota.

What size grants does Diercks Foundation award?

In 2024, Diercks Foundation awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Diercks Foundation required to give away each year?

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