Psalm 40 Ventures Inc
Psalm 40 Ventures Inc is a private foundation, based in Madison, WI. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $17K in total assets. In 2025, it awarded 2 grants totaling $45K.
Psalm 40 Ventures Inc at a glance
In short: Psalm 40 Ventures Inc gave $45K across 2 grants in 2025 (avg $23K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $45,000
- +1025.0% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $22,500
- +462.5% vs 2024
- Median grant
- $22,500
- Total assets
- $16,661
- +276.2% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Psalm 40 Ventures Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was West High School Class of 1976 ($25K).
Organizations only. It also paid 1 grant to individuals ($20,000), which are not listed by name.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Psalm 40 Ventures Inc gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $4K (2024) to $45K (2025). In 2025 it made 2 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| West High School Class of 1976 Madison, WI | To support the 250th anniversary of the united states | $25,000 |
| 1 grant to individuals Recipients not named | — | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $16,661 | $62,913 | $50,681 | $45,000 | 2 | $30,681 | $434 |
| 2024 | $4,429 | $10,950 | $10,401 | $4,000 | 1 | $10,401 | $256 |
| 2023 | $3,880 | $25,875 | $21,995 | $8,500 | 3 | $21,995 | $152 |
Under IRS private-foundation payout rules, Psalm 40 Ventures Inc reported a distributable amount of $434 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Psalm 40 Ventures Inc is led by Kurtis Welton, President & Treasurer on every filing since 2023; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kurtis Welton
President & Treasurer
On filings since 2023
No compensation reported
Richard Heilman
Secretary
On filings since 2023
No compensation reported
Susan Welton
Vice President
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Psalm 40 Ventures Inc
How much does Psalm 40 Ventures Inc give each year?
Psalm 40 Ventures Inc gave $45K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.
How large is Psalm 40 Ventures Inc?
Psalm 40 Ventures Inc reported $17K in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $434 (roughly 5% of its investment assets).
Where does Psalm 40 Ventures Inc operate?
Psalm 40 Ventures Inc has awarded grants in Pennsylvania, Wisconsin.
What is Psalm 40 Ventures Inc's EIN?
Psalm 40 Ventures Inc's EIN (Employer Identification Number) is 92-3753778. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Psalm 40 Ventures Inc's focus areas in our free grants database
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