Ted and Grace Bachhuber Foundation Inc
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
97 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRISTIAN LIFE FELLOWSHIP MAYVILLE, WI | Support for Mayville food pantry. | $20,000 |
| CITY OF MAYVILLE MAYVILLE, WI | Support for community Rock & Boom festival. | $1,000 |
| CITY OF MAYVILLE MAYVILLE, WI | Support for community TAG Center - membership subsidies. | $62,007 |
| EAA AVIATION FOUNDATION INC OSHKOSH, WI | Promote aviation education. | $25,000 |
| MAIN STREET MAYVILLE INC MAYVILLE, WI | Promote economic growth and development. | $20,000 |
| MARIAN UNIVERSITY FOND DU LAC, WI | Provide scholarships. | $5,678 |
| MAYVILLE HISTORICAL SOCIETY INC MAYVILLE, WI | Support historical building maintenance. | $15,000 |
| MAYVILLE LIMESTONE SCHOOL MUSEUM INC MAYVILLE, WI | Support historical building maintenance. | $15,000 |
| MAYVILLE PUBLIC LIBRARY MAYVILLE, WI | Provide financial assistance for constructing new library building. | $1,009,110 |
| MAYVILLE PUBLIC SCHOOLS MAYVILLE, WI | Provide 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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARCIA K KRIESER | PRESIDENT EXECUTIVE DIRECTOR | 20 | $33,167 |
| JOANN BACHHUBER | VICE PRESIDENT DIRECTOR | 8 | $93,333 |
| BRETT E HELMBRECHT | TREASURER DIRECTOR | 16 | $55,417 |
| JOHN A ST PETER | SECRETARY DIRECTOR | 2 | $7,500 |
| LEO R FISHER | DIRECTOR | 2 | $9,000 |
| GLEN V HELMBRECHT | DIRECTOR | 2 | $7,500 |
| CARL N BACHHUBER | DIRECTOR | 2 | $6,000 |
| GEORGE F OLSON | DIRECTOR | 2 | $6,000 |
Recent News & Activity
Recent developments and announcements
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 awardContact 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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