Niles Hiltunen Benefit Fund Inc

Private foundation · Grantmaker Florence, WI EIN: 46-3575411

Niles Hiltunen Benefit Fund Inc is a private foundation focused on public and societal benefit, based in Florence, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5K in total assets. In 2025, it awarded 2 grants totaling $283.

Key facts about Niles Hiltunen Benefit Fund Inc

In short: Niles Hiltunen Benefit Fund Inc gave $283 across 2 grants in 2025 (avg $141.5), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

EIN
46-3575411
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$283
Grants made (2025)
2
Average grant
$142
Median grant
$142
Total assets
$4,758
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5K

-7.8% YoY

Annual Giving

$283

-78.2% YoY

Grant Count

2

-75.0% YoY

Avg Grant Size

$141.5

-12.9% YoY

How Niles Hiltunen Benefit Fund Inc gives

  • Giving fell 94% from 2022 to 2025. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

KingsfordCrystal FallsIron MountainNorwayVulcanCaspianFlorenceIron RiverAmasaPelkieQuinnesecAniwaCovingtonGreybullMilwaukeeLenaLorettoMadisonNiagaraOneida

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K22 grants2021 27 grants2022 30 grants2023 8 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $283 (2025) to $5K (2023). In 2025 it made 2 grants totaling $283.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Heidi Heikkila: $250Heidi Heikkila$250Floyd Takala: $33Floyd Takala$33

The largest 2025 recipient was Heidi Heikkila ($250). Together the top 2 received $283.

Grant Size Distribution

89 grants across all recorded years

89<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 89 grants of 89 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Heidi Heikkila Lena, WIMedical Expenses for Cancer$250
Floyd Takala Florence, WIMentally and Physically challenged adult TV streaming device$33

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$2K$4K$6K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,758$5,162$6,594
Revenue$50$200—
Expenses$454$1,632$5,389
Qualifying Distributions$283$1,300—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2023)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 15, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 12, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Niles Hiltunen Benefit Fund Inc is led by Grace A. Michaud, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Grace A. Michaud

    President

    On filings since 2021

    No compensation reported

  • David J. Hiltunen

    Vice President

    Vice President → Vice Pesident, 2022

    Vice Pesident → Vice President, 2023

    On filings since 2021

    No compensation reported

  • Julia Newton

    Secretary

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Niles Hiltunen Benefit Fund Inc

How much does Niles Hiltunen Benefit Fund Inc give each year?

Niles Hiltunen Benefit Fund Inc gave $283 across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 8 grants.

How large is Niles Hiltunen Benefit Fund Inc?

Niles Hiltunen Benefit Fund Inc reported $5K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $50.

What is Niles Hiltunen Benefit Fund Inc?

Niles Hiltunen Benefit Fund Inc is a private foundation focused on public and societal benefit, based in Florence, WI. It holds $5K in total assets as of 2025.

Where does Niles Hiltunen Benefit Fund Inc operate?

Niles Hiltunen Benefit Fund Inc has awarded grants in Michigan, Wisconsin, Wyoming.

What is Niles Hiltunen Benefit Fund Inc's EIN?

Niles Hiltunen Benefit Fund Inc's EIN (Employer Identification Number) is 46-3575411. IRS Form 990 filing data is available on this page for 2021–2025.

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

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