Karl and Mildred Niekamp Charitable Foundation
Karl and Mildred Niekamp Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $167K. Net investment income was $628K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+20.4% YoY
Annual Giving
$167K
-4.3% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$15K
-4.3% YoY
Under IRS private-foundation payout rules, Karl and Mildred Niekamp Charitable Foundation reported a distributable amount of $213K for 2024 — the minimum it must pay out in qualifying distributions.
About Karl and Mildred Niekamp Charitable Foundation
Based on IRS filings
Karl and Mildred Niekamp Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $167K. Net investment income was $628K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $2,516,532 | $2,090,114 | $2,356,966 |
| Revenue | $651,960 | $96,563 | $174,268 |
| Expenses | $225,542 | $233,216 | $203,699 |
| Qualifying Distributions | $201,090 | $209,163 | $182,341 |
| Net Investment Income | $628,269 | $73,429 | $154,340 |
| Distributable Amount | $213,408 | $200,916 | $218,348 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cameron High School ($42,500), Strand Theatre Preservation Society ($40,000), Moundsville Middle School ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Wheeling Symphony Wheeling, WV | Young Peoples Concert | $5,000 |
| Simpson United Methodist Church Moundsville, WV | Feeding Body & Soul Kitchen General Operations | $6,000 |
| Strand Theatre Preservation Society Moundsville, WV | Fire Curtain Replacement | $40,000 |
| Cameron High School Moundsville, WV | Band Student Assistance Fund and AP Tests | $42,500 |
| Moundsville Middle School Cameron, WV | Art Dept Student Assistance Fund Band Uniforms | $30,000 |
| Central Elementary School Moundsville, WV | Student Assistance Fund | $5,000 |
| John Marshall High School Moundsville, WV | Music Department | $5,000 |
| Moundsville Marshall CO Library Moundsville, WV | Microfilm Digitization Project | $7,500 |
| Sherrard Middle School Wheeling, WV | Student Assistance Fund | $5,000 |
| McNinch Primary School Moundsville, WV | Student assistance fund | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas C OConnor | Trustee | 1.5 | $15,419 |
| William J Yaeger Jr | Trustee | 2 | $20,044 |
| Robert J Krall | Trustee | 1.5 | $20,044 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karl and Mildred Niekamp Charitable Foundation?
Karl and Mildred Niekamp Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEELING, WV. It holds $2.5M in total assets as of 2024.
How large is Karl and Mildred Niekamp Charitable Foundation?
As of 2024, Karl and Mildred Niekamp Charitable Foundation holds $2.5M in total assets with $652K in annual revenue. It awarded 11 grants totaling $167K in 2024.
Where does Karl and Mildred Niekamp Charitable Foundation operate?
Karl and Mildred Niekamp Charitable Foundation has awarded grants in West Virginia.
What size grants does Karl and Mildred Niekamp Charitable Foundation award?
In 2024, Karl and Mildred Niekamp Charitable Foundation awarded 11 grants totaling $167K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Karl and Mildred Niekamp Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karl and Mildred Niekamp Charitable Foundation reported a distributable amount of $213K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karl and Mildred Niekamp Charitable Foundation's EIN?
Karl and Mildred Niekamp Charitable Foundation's EIN (Employer Identification Number) is 20-2790169. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karl and Mildred Niekamp Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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