Leo and Laura Duwel Memorial Fund
Leo and Laura Duwel Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 12 grants totaling $84K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-3.6% YoY
Annual Giving
$84K
-1.2% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$7K
+7.1% YoY
Under IRS private-foundation payout rules, Leo and Laura Duwel Memorial Fund reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.
About Leo and Laura Duwel Memorial Fund
Based on IRS filings
Leo and Laura Duwel Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 12 grants totaling $84K. Net investment income was $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,262,772 | $2,346,217 | $2,337,981 |
| Revenue | $42,775 | $149,108 | $668,435 |
| Expenses | $126,137 | $140,873 | $127,845 |
| Qualifying Distributions | $89,532 | $90,083 | $95,033 |
| Net Investment Income | $46,763 | $114,276 | $637,191 |
| Distributable Amount | $120,318 | $112,159 | $108,577 |
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
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Little Sisters of the Poor ($21,000), Sjo Kids Inc ($21,000), Stephen T Badin High School ($16,750).
| Recipient | Purpose | Amount |
|---|---|---|
| STEPHEN T BADIN HIGH SCHOOL HAMILTON, OH | SCHOLARSHIP | $16,750 |
| ST XAVIER HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $7,500 |
| MERCY MCAULEY HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $6,500 |
| LASALLE HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $1,750 |
| URSULINE ACADEMY CINCINNATI, OH | SCHOLARSHIP | $1,000 |
| ARCHBISHOP MOELLER HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $1,500 |
| SETON HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $1,500 |
| BISHOP FENWICK HIGH SCHOOL FRANKLIN, OH | SCHOLARSHIP | $750 |
| ELDER HIGH SCHOOL CINCINNATI, OH | SCHOLARSHIP | $2,750 |
| LITTLE SISTERS OF THE POOR CINCINNATI, OH | SCHOLARSHIP | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| US BANK N A | TRUSTEE | 1 | $38,319 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Leo and Laura Duwel Memorial Fund?
Leo and Laura Duwel Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $2.3M in total assets as of 2024.
How large is Leo and Laura Duwel Memorial Fund?
As of 2024, Leo and Laura Duwel Memorial Fund holds $2.3M in total assets with $43K in annual revenue. It awarded 12 grants totaling $84K in 2024.
Where does Leo and Laura Duwel Memorial Fund operate?
Leo and Laura Duwel Memorial Fund has awarded grants in Massachusetts, Missouri, Ohio, Texas.
What size grants does Leo and Laura Duwel Memorial Fund award?
In 2024, Leo and Laura Duwel Memorial Fund awarded 12 grants totaling $84K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Leo and Laura Duwel Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo and Laura Duwel Memorial Fund reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Leo and Laura Duwel Memorial Fund's EIN?
Leo and Laura Duwel Memorial Fund's EIN (Employer Identification Number) is 84-6617922. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Leo and Laura Duwel Memorial Fund'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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