New Ulm Area Foundation Inc
THE MISSION OF NEW ULM AREA FOUNDATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY BY GROWING THE ENDOWMENTS FUNDS AND PROVIDING FINANCIAL GRANTS FROM THE EARNINGS OF THOSE FUNDS. THE FOUNDATION FOCUSES ITS GRANT FUNDING IN THE AREAS OF THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+11.4% YoY
Annual Giving
$114K
+16.8% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$23K
-76.6% YoY
About New Ulm Area Foundation Inc
Based on IRS filings
New Ulm Area Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ULM, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 5 grants totaling $114K. Net investment income was $190K.
Focus Areas
Ready to take the next step with New Ulm Area Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,463,011 | $3,109,821 | $2,700,111 |
| Revenue | $511,975 | $315,039 | $2,407,935 |
| Expenses | $340,845 | $261,238 | $195,668 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $189,829 | $60,540 | $64,574 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Open Grants
6 open opportunities from New Ulm Area Foundation Inc
Charlotte Raymond Anderson Teaching Scholarship
NEW ULM AREA FOUNDATION INC
Amount
$5,000
Deadline
Rolling / Open
Kathleen 'Kitty' Bartl Memorial Scholarship
NEW ULM AREA FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
New Ulm Area Foundation General Grants
NEW ULM AREA FOUNDATION INC
Amount
Varies
Deadline
August 15, 2026
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various New Ulm Area Non-profits ($58,900), New Ulm Ministerial Assoc ($20,000), New Ulm Chamber of Comm Fdn ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS NEW ULM AREA NON-PROFITS | SEE MISSION STMT | $58,900 |
| NEW ULM CHAMBER OF COMM FDN NEW ULM, MN | PROGRAM SERVICE | $15,000 |
| ISD 88 NEW ULM, MN | PROGRAM SERVICE | $10,000 |
| NEW ULM MINISTERIAL ASSOC NEW ULM, MN | PROGRAM SERVICE | $20,000 |
| LIND HOUSE ASSOCIATION NEW ULM, MN | PROGRAM SERVICE | $9,995 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA BESEMER | DIRECTOR | 1 | — |
| CARISA BUEGLER | DIRECTOR | 1 | — |
| GENE CLARK | DIRECTOR | 1 | — |
| DUSTAN CROSS | DIRECTOR | 1 | — |
| SHARI FISCHER | DIRECTOR | 1 | — |
| SHANNON HILLESHEIM | VICE PRESIDE | 2 | — |
| ZACH JENSEN | DIRECTOR | 1 | — |
| MIKE LIEB | DIRECTOR | 1 | — |
| JENNA PETERSON | SECRETARY/TR | 2 | — |
| KATHY VAN ROEKEL | PRESIDENT/DI | 2 | — |
| COLLEEN SKILLINGS | DIRECTOR | 1 | — |
| BOB WEBB | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Ulm Area Foundation Inc?
New Ulm Area Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ULM, MN. It holds $3.5M in total assets as of 2024.
How large is New Ulm Area Foundation Inc?
As of 2024, New Ulm Area Foundation Inc holds $3.5M in total assets with $512K in annual revenue. It awarded 5 grants totaling $114K in 2024.
Where does New Ulm Area Foundation Inc operate?
New Ulm Area Foundation Inc has awarded grants in Minnesota.
What size grants does New Ulm Area Foundation Inc award?
In 2024, New Ulm Area Foundation Inc awarded 5 grants totaling $114K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is New Ulm Area Foundation Inc's EIN?
New Ulm Area Foundation Inc's EIN (Employer Identification Number) is 46-4703262. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Ulm Area Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Minnesota Historical Society
SAINT PAUL, MN
Assets
$338.5M
Grants
153
Total Given
$6.6M
Xcel Energy Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,820
Total Given
$7.7M
The Minneapolis Foundation
MINNEAPOLIS, MN
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
ST PAUL, MN
Assets
$1.6B
Grants
1,445
Total Given
$192.6M
The Richard M Schulze Family Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,431
Total Given
$47.9M
First Children's Finance
MINNEAPOLIS, MN
Assets
$15.8M
Grants
1,119
Total Given
$14.9M
C K Blandin Foundation
GRAND RAPIDS, MN
Assets
—
Grants
931
Total Given
$15.8M
Otto Bremer Trust
ST PAUL, MN
Assets
—
Grants
883
Total Given
$68.5M
Land O'lakes Foundation
ST PAUL, MN
Assets
—
Grants
868
Total Given
$5.8M
The McKnight Foundation
MINNEAPOLIS, MN
Assets
—
Grants
790
Total Given
$145.9M
Marshall H and Nellie Alworth
DULUTH, MN
Assets
—
Grants
566
Total Given
$1.5M
Catholic Community Foundation
ST PAUL, MN
Assets
$751.7M
Grants
504
Total Given
$43.9M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with New Ulm Area Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities