Louise M & Elizabeth J Manke Founda is a private foundation focused on Education, based in LE SUEUR, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 12 grants totaling $53K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$641K
-10.0% YoY
Annual Giving
$53K
+164.2% YoY
Grant Count
12
+140.0% YoY
Avg Grant Size
$4K
+10.1% YoY
Under IRS private-foundation payout rules, Louise M & Elizabeth J Manke Founda reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About Louise M & Elizabeth J Manke Founda
Based on IRS filings
Louise M & Elizabeth J Manke Founda is a private foundation focused on Education, based in LE SUEUR, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 12 grants totaling $53K. Net investment income was $15K.
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 | $640,917 | $711,808 | $725,712 |
| Revenue | $33,063 | $-14,265 | $-40,490 |
| Expenses | $88,883 | $49,852 | $75,436 |
| Qualifying Distributions | $52,838 | $20,000 | $50,000 |
| Net Investment Income | $15,377 | $14,734 | $16,377 |
| Distributable Amount | $33,097 | $17,279 | — |
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
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Little Giants Preschool ($10,000), Trinity Luthern Church ($9,528), Rasmussen Foundation ($6,500).
| Recipient | Purpose | Amount |
|---|---|---|
| TRINITY LUTHERN CHURCH ST PETER, MN | CHARITY | $9,528 |
| RASMUSSEN FOUNDATION LE SUEUR, MN | DONATION | $6,500 |
| RIDGEVIEW FOUNDATION WACONIA, MN | DONATION | $2,500 |
| FRIENDS OF THE LIBRARY LE SUEUR, MN | DONATION | $3,000 |
| ELCA MINISTRIES MERRIFIELD, VA | DONATION | $2,500 |
| GREEN LAKE LUTHERAN MINISTRIES SPICER, MN | SCHOLARSHIPS | $2,560 |
| COLLEGE OF ST BENEDICT ST JOSEPH, MN | SCHOLARSHIP | $2,000 |
| LE SUEUR FOOD SHELF LE SUEUR, MN | DONATION | $5,000 |
| LITTLE GIANTS PRESCHOOL LE SUEUR, MN | DONATION | $10,000 |
| LEGACY FUND OF LE SUEUR ROTARY LE SUEUR, MN | DONATION | $2,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRENE MANKE | OFFICER | — | $24,000 |
| PETER SCHOEPPNER | OFFICER | — | — |
| JOHN SKUBITZ | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Louise M & Elizabeth J Manke Founda?
Louise M & Elizabeth J Manke Founda is a private foundation focused on Education, based in LE SUEUR, MN. It holds $641K in total assets as of 2024.
How large is Louise M & Elizabeth J Manke Founda?
As of 2024, Louise M & Elizabeth J Manke Founda holds $641K in total assets with $33K in annual revenue. It awarded 12 grants totaling $53K in 2024.
Where does Louise M & Elizabeth J Manke Founda operate?
Louise M & Elizabeth J Manke Founda has awarded grants in Minnesota, Virginia.
What size grants does Louise M & Elizabeth J Manke Founda award?
In 2024, Louise M & Elizabeth J Manke Founda awarded 12 grants totaling $53K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Louise M & Elizabeth J Manke Founda required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise M & Elizabeth J Manke Founda reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louise M & Elizabeth J Manke Founda's EIN?
Louise M & Elizabeth J Manke Founda's EIN (Employer Identification Number) is 84-3776228. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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