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
No grants recorded for .
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
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