Mount Carmel Endowment Fund Inc

Public charity · Grantmaker Milwaukee, WI EIN: 23-7325562

Fund management for the benefit of Mount Carmel Lutheran Church and its activities

Key facts about Mount Carmel Endowment Fund Inc

In short: Mount Carmel Endowment Fund Inc gave $13K across 1 grant in 2024 (avg $13K), mostly in Wisconsin. Source: 2024 IRS Form 990.

EIN
23-7325562
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$12,700
Grants made (2024)
1
Average grant
$12,700
Median grant
$12,700
Total assets
$646,170
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$646K

+4.8% YoY

Annual Giving

$13K

+6.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$13K

+6.7% YoY

How Mount Carmel Endowment Fund Inc gives

  • Giving held roughly steady from 2021 to 2024 (+16%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Mount Carmel Endowment Fund Inc

Based on IRS filings

Mount Carmel Endowment Fund Inc is a public charity, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $646K in total assets. In 2024, it awarded 1 grant totaling $13K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

MilwaukeeSaint Paul

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $6K (2020) to $13K (2024). In 2024 it made 1 grant totaling $13K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Mount Carmel Lutheran Church: $13KMount Carmel Lutheran Church$13K

The largest 2024 recipient was Mount Carmel Lutheran Church ($13K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mount Carmel Lutheran Church Milwaukee, WIGrants made to Mount Carmel Lutheran Church for a lawn mower, a senior league trip, a women's retreat, foundation repairs, prayer shawl ministry and music ministry.$12,700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$646,170$616,733$585,128
Revenue$32,773$13,603$27,025
Expenses$12,725$11,925$12,013
Net Investment Income$31,667$13,330$26,637

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 18, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mount Carmel Endowment Fund Inc is led by Douglas Mann, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Douglas Mann

    President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Darlene Behr

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Susan Bellehumeur

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kathleen Beale

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Kay Austermann

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sloan Watson

    Treasurer

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Todd Laszewski

    Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Former officers (2)
  • Former: Jon DesChane (2021–2022) — Director
  • Former: Jay Van Cleave (2020) — Director

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 Mount Carmel Endowment Fund Inc

How much does Mount Carmel Endowment Fund Inc give each year?

Mount Carmel Endowment Fund Inc gave $13K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $12K across 1 grant.

How large is Mount Carmel Endowment Fund Inc?

Mount Carmel Endowment Fund Inc reported $646K in total assets on its 2024 IRS Form 990. Its revenue that year was $33K.

Where does Mount Carmel Endowment Fund Inc operate?

Mount Carmel Endowment Fund Inc has awarded grants in Minnesota, Wisconsin.

What is Mount Carmel Endowment Fund Inc's EIN?

Mount Carmel Endowment Fund Inc's EIN (Employer Identification Number) is 23-7325562. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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