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.
New ULM Area Foundation Inc at a glance
In short: New ULM Area Foundation Inc gave $114K across 5 grants in 2024 (avg $23K), top state Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $113,895
- +16.8% vs 2023
- Grants made (2024)
- 5
- +400.0% vs 2023
- Average grant
- $22,779
- -76.6% vs 2023
- Median grant
- $15,000
- Total assets
- $3,463,011
- +11.4% vs 2023
- Primary geography
- Minnesota (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to New ULM Area Foundation Inc
Open Grants
5 open opportunities from New ULM Area Foundation Inc
Charlotte Raymond Anderson Teaching Scholarship
New ULM Area Foundation Inc
Amount
$5,000
Deadline
Deadline not published
Kathleen 'Kitty' Bartl Memorial Scholarship
New ULM Area Foundation Inc
Amount
Varies
Deadline
Deadline not published
New Ulm Area Foundation Scholarship (General)
New ULM Area Foundation Inc
Amount
Varies
Deadline
Deadline not published
Who New ULM Area Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was New ULM Ministerial Assoc ($20K). Together the top 4 received $55K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 9 (56%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How New ULM Area Foundation Inc gives
- Giving grew 27% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $63K (2020) to $114K (2024). In 2024 it made 5 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various New ULM Area Non-Profits | See Mission STMT | $58,900 |
| New ULM Ministerial Assoc New ULM, MN | Program Service | $20,000 |
| New ULM Chamber of Comm Fdn New ULM, MN | Program Service | $15,000 |
| ISD 88 New ULM, MN | Program Service | $10,000 |
| Lind House Association New ULM, MN | Program Service | $9,995 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,463,011 | $511,975 | $340,845 | $113,895 | 5 | $189,829 |
| 2023 | $3,109,821 | $315,039 | $261,238 | $97,540 | 1 | $60,540 |
| 2022 | $2,700,111 | $465,149 | $195,668 | $86,767 | 1 | $64,574 |
| 2021 | $825,646 | $534,371 | $170,772 | $89,835 | 1 | $24,667 |
| 2020 | $444,869 | $435,839 | $98,094 | $62,550 | 1 | $1,583 |
About New ULM Area Foundation Inc
Based on IRS filings
New ULM Area Foundation Inc is a public charity, 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
Leadership & Key People
Officers and directors from IRS filings
New ULM Area Foundation Inc is led by Kathy Van Roekel, President & Director since 2024 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kathy Van Roekel
President & Director
Vice President → President, 2022
President → President & Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Gene Clark
Director
Vice President → President, 2021
President → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Shari Fischer
Director
On filings since 2020
1 hr/week
No compensation reported
Bob Webb
Director
On filings since 2021
1 hr/week
No compensation reported
Carisa Buegler
Director
On filings since 2022
1 hr/week
No compensation reported
Lisa Besemer
Director
On filings since 2022
1 hr/week
No compensation reported
Dustan Cross
Director
On filings since 2023
1 hr/week
No compensation reported
Mike Lieb
Director
On filings since 2023
1 hr/week
No compensation reported
Zach Jensen
Director
On filings since 2023
1 hr/week
No compensation reported
Colleen Skillings
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jenna Peterson
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Shannon Hillesheim
Vice President
Director → Vice President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Former officers (8)
- Former: Mark Furth (2021–2023) — Director
- Former: Eric Bode (2020–2022) — Director
- Former: Jeff Braegelmann (2020–2022) — Director
- Former: Lauri Stark (2020–2022) — Director
- Former: Rick Jensen (2020–2021) — Director
- Former: Tom Hayes (2020–2021) — Director
- Former: Mary Ellen Domeier (2020) — Director
- Former: Patrick Herzog (2020) — President
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 New ULM Area Foundation Inc
How much does New ULM Area Foundation Inc give each year?
New ULM Area Foundation Inc gave $114K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $98K across 1 grant.
What is New ULM Area Foundation Inc's typical grant size?
New ULM Area Foundation Inc's median grant in 2024 was $15,000, and its average grant was $22,779, across 5 grants on its 2024 IRS Form 990.
Where does New ULM Area Foundation Inc give grants?
New ULM Area Foundation Inc's top state is Minnesota, with 48% of the grant dollars itemized on its 2024 IRS Form 990. The most frequent recipient cities were New ULM, MN (4 grants).
Does New ULM Area Foundation Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on New ULM Area Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Service" (4 grants).
Who are New ULM Area Foundation Inc's largest grantees?
New ULM Area Foundation Inc's largest 2024 grantees include New ULM Ministerial Assoc ($20,000), New ULM Chamber of Comm Fdn ($15,000) and ISD 88 ($10,000), according to its 2024 IRS Form 990. Together they received 40% of its itemized 2024 grant dollars.
How large is New ULM Area Foundation Inc?
New ULM Area Foundation Inc reported $3.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $512K.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 29, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 2, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work New ULM Area Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in New ULM Area Foundation Inc's focus areas in our free grants database
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New ULM Area Foundation Inc down — hundreds of funders to go?