Ted and Grace Bachhuber Foundation Inc

MAYVILLE, WI EIN: 39-1415821

The Ted and Grace Bachhuber Foundation is a private independent foundation established in 1982 to honor the legacy of Ted and Grace Bachhuber. Ted Bachhuber co-founded the Mayville Engineering Company with his uncle Leo in 1945, with Grace serving as Ted's unofficial business partner. The foundation is based in Mayville, Wisconsin and operates as a 501(c)(3) charitable organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.4M

-58.6% YoY

Grant Count

18

+5.9% YoY

Avg Grant Size

$135K

-60.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to assist the Mayville community through financial promotion of educational, charitable, and other worthwhile projects that offer opportunities for enriched life to a substantial number of people or provide members of the community with skills, knowledge, and assistance to accomplish positive social goals.

Primary funding areas include:

  • Scholarships: Support for a scholarship program administered by the Mayville Public School System providing financial aid to graduates pursuing engineering, business, or technology degrees
  • Education: Funding for educational initiatives and institutions
  • Community Development: Local projects that enhance quality of life
  • Historic Preservation: Support for historical building maintenance
  • Food Security: Support for food pantry operations
  • Youth Education: Programs serving young people

Grantmaking

Grant Range

$785 to $1,009,110

Average Grant

amount: Varies by program (scholarships average $137,155; historical building maintenance averages $15,000; food pantry support averages $20,000)

How to Apply

Awards grants on a rolling basis with no standardized application form

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Geographic Focus

Where this funder awards grants

Mayville, Wisconsin area and surrounding region. The foundation prioritizes local projects and community organizations within this geographic area.

Grant Distribution by State

1states

States

Cities

BEAVER DAMFOND DU LACMADISONMAYVILLEOSHKOSHPORTAGE

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2024):

  • Total assets: $22,627,075
  • Total revenues: $3,451,016
  • Total expenses: $2,780,806
  • Annual giving: $2.6 million
  • Giving rate: 26.0%

Historical Data (2023):

  • Total assets: $21,976,274
  • Total giving: $6,033,379
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M19 grants202022 grants202121 grants202217 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAYVILLE PUBLIC LIBRARY$1.0MST JOHNS CHURCH$500KMAYVILLE PUBLIC SCHOOLS$469KST JOHNS SCHOOL$120KCITY OF MAYVILLE$62KST MARY SCHOOL$55KTED & GRACE BACHHUBER ME…$30KMORAINE PARK FOUNDATION …$26KEAA AVIATION FOUNDATION …$25KST JOHNS CHURCH$25K

Grant Size Distribution

97 grants across all recorded years

68<$50K9$50–100K9$100–250K5$250–500K1$500K–1M4$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayville Public Library ($1,009,110), St Johns Church ($500,000), Mayville Public Schools ($469,000).

RecipientPurposeAmount
CHRISTIAN LIFE FELLOWSHIP MAYVILLE, WISupport for Mayville food pantry.$20,000
CITY OF MAYVILLE MAYVILLE, WISupport for community Rock & Boom festival.$1,000
CITY OF MAYVILLE MAYVILLE, WISupport for community TAG Center - membership subsidies.$62,007
EAA AVIATION FOUNDATION INC OSHKOSH, WIPromote aviation education.$25,000
MAIN STREET MAYVILLE INC MAYVILLE, WIPromote economic growth and development.$20,000
MARIAN UNIVERSITY FOND DU LAC, WIProvide scholarships.$5,678
MAYVILLE HISTORICAL SOCIETY INC MAYVILLE, WISupport historical building maintenance.$15,000
MAYVILLE LIMESTONE SCHOOL MUSEUM INC MAYVILLE, WISupport historical building maintenance.$15,000
MAYVILLE PUBLIC LIBRARY MAYVILLE, WIProvide financial assistance for constructing new library building.$1,009,110
MAYVILLE PUBLIC SCHOOLS MAYVILLE, WIProvide scholarships.$469,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Joann Bachhuber – President, Executive Director (20 hrs/week, $105,000)
  • Marcia K Krieser – Vice President, Director (2 hrs/week, $12,000)
  • John A St Peter – Secretary, Director (2 hrs/week, $6,000)
  • Brett E Helmbrecht – Treasurer, Director (16 hrs/week, $51,458)
  • Carl N Bachhuber – Director (2 hrs/week, $6,000)
  • Leo R Fisher – Director (2 hrs/week, $7,500)
  • George F Olson – Director (2 hrs/week, $4,500)
  • Glen V Helmbrecht – Director (2 hrs/week, $7,500)

Compensation Overview

From 2024 IRS filing

JOANN BACHHUBERVICE PRESIDENT DIRECTOR$93KBRETT E HELMBRECHTTREASURER DIRECTOR$55KMARCIA K KRIESERPRESIDENT EXECUTIVE DIRECTOR$33KLEO R FISHERDIRECTOR$9KJOHN A ST PETERSECRETARY DIRECTOR$8KGLEN V HELMBRECHTDIRECTOR$8KCARL N BACHHUBERDIRECTOR$6KGEORGE F OLSONDIRECTOR$6K

From 2024 filing

NameTitleHoursCompensation
MARCIA K KRIESERPRESIDENT EXECUTIVE DIRECTOR20$33,167
JOANN BACHHUBERVICE PRESIDENT DIRECTOR8$93,333
BRETT E HELMBRECHTTREASURER DIRECTOR16$55,417
JOHN A ST PETERSECRETARY DIRECTOR2$7,500
LEO R FISHERDIRECTOR2$9,000
GLEN V HELMBRECHTDIRECTOR2$7,500
CARL N BACHHUBERDIRECTOR2$6,000
GEORGE F OLSONDIRECTOR2$6,000

Recent News & Activity

Recent developments and announcements

2015

In 2015, the Ted and Grace Bachhuber Foundation received the "Futuremakers Partner" award from the Wisconsin Technical College System (WTCS) board. The award recognized the foundation's contributions over a two-decade partnership with Moraine Park Technical College and WTCS, acknowledging how the foundation's generosity enabled students to achieve their educational goals.

Ted and Grace Bachhuber Foundation receives WTCS award

Contact Information

  • Mailing Address: PO Box 228, Mayville, WI 53050
  • Phone: (920) 979-5543
  • EIN: 39-1415821

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ted and Grace Bachhuber Foundation Inc fund?

The foundation's purpose is to assist the Mayville community through financial promotion of educational, charitable, and other worthwhile projects that offer opportunities for enriched life to a substantial number of people or provide members of the community with skills, knowledge, and assistance to accomplish positive social goals. Primary funding areas include: • **Scholarships**: Support for a scholarship program administered by the Mayville Public School System providing financial aid to g…

How do I apply for a grant from Ted and Grace Bachhuber Foundation Inc?

**Grant Characteristics:** • Grant range: $785 to $1,009,110 • Median grant amount: $25,000 • Average grant amount: Varies by program (scholarships average $137,155; historical building maintenance averages $15,000; food pantry support averages $20,000) • Application process: Awards grants on a rolling basis with no standardized application form • Grant amounts vary significantly based on project scope **Recent Activity:** • 18-19 grants awarded annually in recent years • 32 grants awarded in 2…

Where does Ted and Grace Bachhuber Foundation Inc make grants?

Mayville, Wisconsin area and surrounding region. The foundation prioritizes local projects and community organizations within this geographic area.

What size grants does Ted and Grace Bachhuber Foundation Inc award?

In 2024, Ted and Grace Bachhuber Foundation Inc awarded 18 grants totaling $2.4M — an average of about $135K per grant, based on its IRS Form 990 filings.

What is Ted and Grace Bachhuber Foundation Inc's EIN?

Ted and Grace Bachhuber Foundation Inc's EIN (Employer Identification Number) is 39-1415821. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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