First National Bank of Bemidji
First National Bank of Bemidji is a private foundation, based in Bemidji, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $702K in total assets. In 2025, it awarded 2 grants totaling $34K. Net investment income was $26K.
First National Bank of Bemidji at a glance
In short: First National Bank of Bemidji gave $34K across 2 grants in 2025 (avg $17K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $34,000
- -5.6% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $17,000
- -5.6% vs 2024
- Median grant
- $17,000
- Total assets
- $702,325
- -0.1% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who First National Bank of Bemidji funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Bemidji Indoor Sports Commission ($33K).
Organizations only. It also paid 1 individual scholarship ($1,000), which are not listed by name.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How First National Bank of Bemidji gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $31K (2022) to $43K (2019). In 2025 it made 2 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bemidji Indoor Sports Commission Bemidji, MN | Support to renovate neilson arena into indoor turf facility for youth soccer, baseball & softball. | $33,000 |
| 1 individual scholarship Recipients not named | — | $1,000 |
Ready to take the next step with First National Bank of Bemidji?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $702,325 | $34,032 | $34,956 | $34,000 | 2 | $34,715 | $26,032 | $34,492 |
| 2024 | $703,249 | $17,318 | $36,839 | $36,000 | 2 | $36,675 | $17,318 | $35,286 |
| 2023 | $722,770 | $15,801 | $37,264 | $36,485 | 3 | $37,130 | $11,801 | $35,828 |
| 2022 | $744,233 | $16,772 | $32,193 | $31,250 | 3 | $31,874 | $9,612 | $37,158 |
| 2021 | $759,654 | $11,449 | $40,769 | $40,000 | 4 | $40,585 | $11,449 | $38,071 |
| 2020 | $788,974 | $16,244 | $39,406 | $38,700 | 4 | — | $13,244 | $39,345 |
| 2019 | $812,136 | $16,129 | $43,791 | $43,100 | 4 | — | $13,129 | $40,811 |
Under IRS private-foundation payout rules, First National Bank of Bemidji reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
First National Bank of Bemidji is led by Paul N. Welle, President on every filing since 2019; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul N. Welle
President
On filings since 2019
1 hr/week
No compensation reported
B. Scott Curb
Director
On filings since 2019
1 hr/week
No compensation reported
Dean Thompson
Director
On filings since 2019
1 hr/week
No compensation reported
E. Joseph Welle
Director
Vice President → Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Glen Lindseth
Director
On filings since 2019
1 hr/week
No compensation reported
Lisa Bruns
Director
On filings since 2019
1 hr/week
No compensation reported
Ron Cuperus
Director
On filings since 2019
1 hr/week
No compensation reported
Zachary Hazelton
Director
On filings since 2022
1 hr/week
No compensation reported
Andrew Wells IV
Director
On filings since 2023
1 hr/week
No compensation reported
Tracie Walter
Director
New on the 2025 filing
1 hr/week
No compensation reported
Autumn Graber
Secretary & Treasurer
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Rebecca Bentfield (2019–2023) — Secretary & Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about First National Bank of Bemidji
How much does First National Bank of Bemidji give each year?
First National Bank of Bemidji gave $34K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 2 grants.
How large is First National Bank of Bemidji?
First National Bank of Bemidji reported $702K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).
Where does First National Bank of Bemidji operate?
First National Bank of Bemidji has awarded grants in Minnesota.
What is First National Bank of Bemidji's EIN?
First National Bank of Bemidji's EIN (Employer Identification Number) is 41-1765936. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in First National Bank of Bemidji's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Regal Beloit Charitable Foundation
Milwaukee, WI
The foundation supports charitable organizations working in health, education, food assistance, domestic violence services, and community well-being, with grants reported across several states, especially Wisconsin, Illinois, and Ohio. In 2024, grants ranged from $300 to $100,000, with a median of $3,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$1.2M
Grants
121
Total Given
$907K
The Joseph and Judith H
Stockton, CA
The foundation’s 2023 filing describes support for college expenses at accredited four-year universities, with preference for students who would be the first in their family to attend college; that program is limited to San Joaquin County, California. Its 2025 grants ranged from $250 to $10,000, with a median of $1,250, and went to organizations in several states. The 2023 filing says it accepts unsolicited, nonaffiliated requests by letter, with transcripts and references.
Assets
$514K
Grants
14
Total Given
$28K
The Weglicki Family Foundation
Baltimore, MD
The Weglicki Family Foundation supports organizations in education, religion, arts, community services, healthcare, and emergency services. Its 2025 grants ranged from $500 to $26,000, with a median of $5,000; most funding went to Maryland, with additional grants in Montana, Illinois, Texas, and Pennsylvania. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$1.3M
Grants
27
Total Given
$171K
Huemme Family Foundation Inc
Westlake Village, CA
Assets
$541K
Grants
8
Total Given
$32K
The Dr E Lawrence Deckinger Family
New York, NY
Assets
$1.4M
Grants
102
Total Given
$89K
Backus Family Foundation Inc
Waunakee, WI
Assets
$475K
Grants
48
Total Given
$27K
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from First National Bank of Bemidji's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
First National Bank of Bemidji down — hundreds of funders to go?