Mark M Welter Foundation Inc
Mark M Welter Foundation Inc is a private foundation based in Le Sueur, Minnesota. Its 2024 filing lists 14 grants totaling $456,398 to charitable organizations.
Mark M Welter Foundation Inc at a glance
In short: Mark M Welter Foundation Inc gave $456K across 14 grants in 2024 (avg $33K), mostly in Minnesota. 50% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $456,398
- +18.5% vs 2023
- Grants made (2024)
- 14
- +27.3% vs 2023
- Average grant
- $32,600
- -6.9% vs 2023
- Median grant
- $25,000
- Total assets
- $6,131,319
- -1.1% vs 2023
- New grantees (estimate)
- 50% first-time grantees (7 of 14, 2024; small sample)
- Primary geography
- Minnesota (69% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mark M Welter Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 108 South Main Street, Le Sueur, MN 56058
Phone: (507) 665-3349
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mark M Welter Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Lead MN ($70K). Together the top 10 received $401K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 34 grants of 50 (68%).
Geographic Focus
Where this funder awards grants
In 2024, 69% of grant dollars went to recipients in Minnesota, 25% to Illinois, and 5% to Wisconsin.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Is Mark M Welter Foundation Inc open to new grantees?
50%
first-time grantees, 2024
In 2024, 7 of 14 grantees (50%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $37K; repeat grants $28K. How we count
Medians: $46K first-time, $25K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+2%). Method
- In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $385K (2023) to $544K (2020). In 2024 it made 14 grants totaling $456K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lead MN West St Paul, MN | GRANT | $70,000 |
| University of Illinois Champaign, IL | Donation | $50,000 |
| St Cloud Tech College St Cloud, MN | Donation | $50,000 |
| U of MN - School of Public Health Minneapolis, MN | Scholarship | $50,000 |
| Too Much Talent St Cloud, MN | Donation | $46,000 |
| Various Others Le Sueur, MN | Donations | $35,000 |
| Yerkes Observatory Williams Bay, WI | Funding | $25,000 |
| Best Christmas Ever ELY, MN | Charitable Giving | $25,000 |
| Arise Chicago Chicago, IL | Donation | $25,000 |
| Chicago Workers Collaborative Berwyn, IL | Donation | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,131,319 | $444,529 | $513,611 | $456,398 | 14 | $456,398 | $212,758 | $426,393 |
| 2023 | $6,200,401 | $-409,739 | $434,904 | $385,200 | 11 | $385,200 | $194,747 | $738,718 |
| 2022 | $7,045,044 | $1,167,845 | $549,130 | $498,700 | 11 | $498,700 | $169,856 | $384,874 |
| 2021 | $6,426,329 | $511,601 | $458,047 | $448,047 | 8 | $914,094 | $164,293 | $1,111,921 |
| 2020 | $6,372,775 | $131,162 | $591,031 | $543,500 | 6 | — | $108,373 | $30,190 |
Under IRS private-foundation payout rules, Mark M Welter Foundation Inc reported a distributable amount of $426K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing identifies grants to organizations with varied purposes, but does not state a mission for the foundation. Among its 2024 grantees, ARISE Chicago describes its mission as building partnerships between faith communities and workers to fight workplace injustice through education, organizing, and public-policy advocacy. Best Christmas Ever describes its work as supporting families facing hardship with customized assistance and continued support.
Grantmaking
In 2024, the foundation gave 14 grants totaling $456,398. Grants ranged from $6,200 to $70,000, with a median grant of $25,000. Notable awards included $70,000 to LEAD MN, $50,000 each to the University of Illinois, St Cloud Tech College, and the University of Minnesota School of Public Health, and $46,000 to Too Much Talent. Other listed recipients included Yerkes Observatory ($25,000), Best Christmas Ever ($25,000), ARISE Chicago ($25,000), Chicago Workers Collaborative ($25,000), and St Anne School ($21,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John Skubitz, Peter Schoeppner, Chrietina R Welter, and David Muzic as officers.
Mark M Welter Foundation Inc's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chrietina R. Welter
Officer
On filings since 2020
No compensation reported
David Muzic
Officer
On filings since 2020
No compensation reported
John Skubitz
Officer
On filings since 2020
No compensation reported
Peter Schoeppner
Officer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mark M Welter Foundation Inc
How much does Mark M Welter Foundation Inc give each year?
Mark M Welter Foundation Inc gave $456K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $385K across 11 grants.
What is Mark M Welter Foundation Inc's typical grant size?
Mark M Welter Foundation Inc's median grant in 2024 was $25,000, and its average grant was $32,600, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Mark M Welter Foundation Inc that year got $37K on average.
Where does Mark M Welter Foundation Inc give grants?
Mark M Welter Foundation Inc gives mostly in Minnesota: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Illinois (25%) and Wisconsin (5%). The most frequent recipient cities were Le Sueur, MN (3 grants) and St Cloud, MN (2 grants).
Does Mark M Welter Foundation Inc give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on Mark M Welter Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (6 grants).
Who are Mark M Welter Foundation Inc's largest grantees?
Mark M Welter Foundation Inc's largest 2024 grantees include Lead MN ($70,000), University of Illinois ($50,000) and St Cloud Tech College ($50,000), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.
How large is Mark M Welter Foundation Inc?
Mark M Welter Foundation Inc reported $6.1M in total assets on its 2024 IRS Form 990-PF. It paid out $456K in qualifying distributions that year, against a required minimum of $426K (roughly 5% of its investment assets).
What does Mark M Welter Foundation Inc fund?
The foundation’s filing identifies grants to organizations with varied purposes, but does not state a mission for the foundation. See mission & focus areas ↑
How do I apply for a grant from Mark M Welter Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mark M Welter Foundation Inc's EIN?
Mark M Welter Foundation Inc's EIN (Employer Identification Number) is 83-2783030. IRS Form 990 filing data is available on this page for 2020–2024.
Does Mark M Welter Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Mark M Welter Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Mark M Welter Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mark M Welter Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/mark-m-welter-foundation-inc-morg_1fd631acc32546b9bde34e9cc9bffd6f
BibTeX
@misc{grantable_832783030_2026,
author = {{Grantable}},
title = {{Mark M Welter Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mark-m-welter-foundation-inc-morg_1fd631acc32546b9bde34e9cc9bffd6f},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mark M Welter Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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