Ja Wedum Foundation logo

Ja Wedum Foundation

PLYMOUTH, MN EIN: 41-6025661 Website

The J.A. Wedum Foundation is a private 501(c)(3) foundation based in Plymouth, Minnesota, incorporated in 1959 using assets from the J.A. Wedum estate. The foundation operates as both a grantmaker to external nonprofits and as an operational organization managing senior housing developments. The foundation's tagline is "Seeking Excellence," reflecting its commitment to quality across all programs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.3M

-5.2% YoY

Grant Count

108

-3.6% YoY

Avg Grant Size

$12K

-1.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: To develop and utilize the foundation's resources to help organizations and individuals change and improve people's lives in the spirit of stewardship and generosity exemplified by John A. Wedum, the grandfather, and carried forward by John A. Wedum, the grandson.

Primary Focus Areas:

  • Setting the standard in quality housing for seniors
  • Providing educational support for future generations
  • Impacting communities through charitable giving

The foundation prioritizes support of education and seeks to be recognized as an organization that pursues excellence in all endeavors.

Grantmaking

The foundation is not currently accepting grant applications. Prospective applicants are advised to check the foundation's website periodically for updates on when applications will resume.

Grant Range

$1,000 to $2,000,000

Average Grant

$54 (based on recent data)

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in Minnesota, with emphasis on the Alexandria area. Geographic reach extends to multiple states including Arizona, Colorado, Idaho, North Carolina, and Texas.

Grant Distribution by State

20states
+12 more states

Cities

ALEXANDRIAAPPLE VALLEYASHLANDBARRETTBELGRADEBELLEVUEBEMIDJIBIG LAKEBISMARCKBISMARKBLOOMINGTONBOISEBOONEBOULDERBROOKINGSBROOTENBURNVILLECALDWELLCARLOSCAROL STREAM

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

  • Total assets: $164.3 million
  • Total revenue: $32.9 million
  • Total expenses: $29.1 million
  • Total liabilities: $73.6 million

Giving & Expense Ratio:

  • Annual grants awarded: $1.4 million (2023-2024)
  • Expense ratio: 88.2% of total revenue spent on programs
  • Since 2010: over $12.7 million donated to external nonprofits and over $7.4 million to educational institutions
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$747K$1M$2M$3M78 grants202095 grants202196 grants2022112 grants2023108 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALEXANDRIA TECHNICAL COL…$500KFERGUS AREA COLLEGE FOUN…$50KALLINA HOSPICE FOUNDATION$40KCENTRAL MINNESOTA COMMUN…$25KBAPTIST ON MISSION$16KBOLDER OPTIONS$15KCZECH AND SLOVAK SOKOL M…$13KCENTRAL MINNESOTA COMMUN…$12KALLINA HOSPICE FOUNDATION$10KCENTRAL MINNESOTA COMMUN…$10K

Grant Size Distribution

250 grants across all recorded years

240<$50K5$50–100K2$100–250K$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Chair: Brian Myres
  • President: Jay Portz
  • Staff: 2 employees

Compensation Overview

From 2024 IRS filing

JAY PORTZPRESIDENT$430KBRIAN MYRESCHAIR$20KDAVID KJOSTREASURER$2KDANA WEDUM KENNELLYTRUSTEE$2KDAWN DOWNSTRUSTEE$2KDAYTON SOBYSECRETARY$2KMICHELE KELM HELGENTRUSTEE$2KJON DAVISTRUSTEE$2KTHOMAS WOESSNERTRUSTEE$2KBOB KOVELLTRUSTEE$2K

From 2024 filing

NameTitleHoursCompensation
BRIAN MYRESCHAIR2$20,000
DAVID KJOSTREASURER1$2,000
DANA WEDUM KENNELLYTRUSTEE1$2,000
DAWN DOWNSTRUSTEE1$2,000
DAYTON SOBYSECRETARY1$2,000
MICHELE KELM HELGENTRUSTEE1$2,000
JON DAVISTRUSTEE1$2,000
JAY PORTZPRESIDENT40$430,389
THOMAS WOESSNERTRUSTEE1$2,000
BOB KOVELLTRUSTEE1$2,000

Contact Information

Address: Two Carlson Parkway North, Suite 335 Plymouth, MN 55447

Phone: (612) 789-3363

Fax: (612) 789-4044

Website: www.wedum.org

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

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