Mwe Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND FORKS, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 9 grants totaling $306K. Net investment income was $194K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+3.1% YoY
Annual Giving
$306K
-5.9% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$34K
-26.8% YoY
Under IRS private-foundation payout rules, Mwe Scholarship Fund reported a distributable amount of $357K for 2024 — the minimum it must pay out in qualifying distributions.
About Mwe Scholarship Fund
Based on IRS filings
Mwe Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND FORKS, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 9 grants totaling $306K. Net investment income was $194K.
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 | $7,342,020 | $7,121,538 | $6,477,448 |
| Revenue | $215,820 | $448,047 | $241,677 |
| Expenses | $388,351 | $412,903 | $409,488 |
| Qualifying Distributions | $353,240 | $373,319 | $366,029 |
| Net Investment Income | $194,198 | $413,501 | $206,876 |
| Distributable Amount | $356,554 | $318,385 | $336,211 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of North Dakota ($198,911), North Dakota State University ($47,956), Iowa State University ($24,856).
| Recipient | Purpose | Amount |
|---|---|---|
| CONCORDIA COLLEGE MOORHEAD, MN | SCHOLARSHIP | $7,941 |
| IOWA STATE UNIVERSITY AMES, IA | SCHOLARSHIP | $24,856 |
| JOSEPH'S SCHOOL OF HAIR DESIGN GRAND FORKS, ND | SCHOLARSHIP | $6,139 |
| LAKE REGION DEVILS LAKE, ND | SCHOLARSHIP | $3,595 |
| NORTH DAKOTA STATE UNIVERSITY FARGO, ND | SCHOLARSHIP | $47,956 |
| NORTHERN STATE UNIVERSITY ABERDEEN, SD | SCHOLARSHIP | $5,625 |
| NORTHLAND COMMUNITY AND TECHNICAL COLLEGE EAST GRAND FORKS, MN | SCHOLARSHIP | $6,513 |
| UNIVERSITY OF MINNESOTA MINNEAPOLIS, MN | SCHOLARSHIP | $4,806 |
| UNIVERSITY OF NORTH DAKOTA GRAND FORKS, ND | SCHOLARSHIP | $198,911 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYLE HALL | PRESIDENT | 4 | $15,000 |
| MARK SANFORD | VICE PRESIDENT | 4 | $15,000 |
| BRUCE KOPP | SECRETARY/TREASURER | 4 | $15,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mwe Scholarship Fund?
Mwe Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND FORKS, ND. It holds $7.3M in total assets as of 2024.
How large is Mwe Scholarship Fund?
As of 2024, Mwe Scholarship Fund holds $7.3M in total assets with $216K in annual revenue. It awarded 9 grants totaling $306K in 2024.
Where does Mwe Scholarship Fund operate?
Mwe Scholarship Fund has awarded grants in Colorado, Iowa, Illinois, Minnesota, North Dakota, Ohio, South Dakota.
What size grants does Mwe Scholarship Fund award?
In 2024, Mwe Scholarship Fund awarded 9 grants totaling $306K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Mwe Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mwe Scholarship Fund reported a distributable amount of $357K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mwe Scholarship Fund's EIN?
Mwe Scholarship Fund's EIN (Employer Identification Number) is 47-7169542. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mwe Scholarship 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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