Karl and Mildred Niekamp Charitable Foundation

WHEELING, WV EIN: 20-2790169

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BenwoodCameronGlen DaleMcmechenMoundsvilleNew MartinsvilleWheeling

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$179K$359K$538K$717K2020202120232024
Metric202420232021
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

$0$44K$87K$131K$175K11 grants202010 grants202111 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cameron High School$43KStrand Theatre Preservat…$40KMoundsville Middle School$30KMarshall County Historic…$16KMoundsville Marshall CO …$8KSimpson United Methodist…$6KWheeling Symphony$5KCentral Elementary School$5KJohn Marshall High School$5KSherrard Middle School$5K

Grant Size Distribution

43 grants across all recorded years

42<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

William J Yaeger JrTrustee$20KRobert J KrallTrustee$20KThomas C OConnorTrustee$15K

From 2024 filing

NameTitleHoursCompensation
Thomas C OConnorTrustee1.5$15,419
William J Yaeger JrTrustee2$20,044
Robert J KrallTrustee1.5$20,044

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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