The Boldt Family Fund Inc
The Boldt Family Fund Inc is a public charity based in Appleton, Wisconsin, formed in 2015. It makes grants to charitable organizations in support of the charitable interests of the Boldt family and the Boldt Company, with stated priorities that include education, healthcare, the environment, and the arts.
Key facts about The Boldt Family Fund Inc
In short: The Boldt Family Fund Inc gave $765K across 43 grants in 2024 (avg $18K), mostly in Wisconsin. 23% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 81-2176525
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $765,444
- Grants made (2024)
- 43
- Average grant
- $17,801
- Median grant
- $10,000
- New grantees (estimate)
- 23% first-time grantees (10 of 43, 2024)
- Total assets
- $4,059,896
- Primary geography
- Wisconsin (87% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$4.1M
-28.2% YoY
Annual Giving
$765K
-54.7% YoY
Grant Count
43
-12.2% YoY
Avg Grant Size
$18K
-48.4% YoY
Is The Boldt Family Fund Inc open to new grantees?
23%
first-time grantees, 2024
In 2024, 10 of 43 grantees (23%) were first-time recipients. First grants averaged $12K; repeat grants $20K. How we count
Medians: $10K first-time, $13K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The fund’s stated mission is to support the charitable interests of the Boldt Family Foundation by providing grants to charitable organizations interested in scientific, health, performing arts, literary, and educational purposes. Its filing also identifies education, healthcare, the environment, and the arts as priorities.
Its 2024 grantees illustrate the range of organizations supported. The Building for Kids describes its mission as inspiring discovery and building resilience through play-based learning and exploration of the arts, sciences, and humanities. Ripon College says it prepares students for productive, socially responsible citizenship through a liberal arts and sciences education. Peninsula Music Festival describes its work as presenting performances and promoting music appreciation and education in Door County. Other grantees include Friends of Appleton Library, which says it advocates and raises funds for the public library, and Milwaukee Public Museum, which says it promotes curiosity and preservation of natural and cultural diversity through exhibitions, education, collections, and research.
Grantmaking
In filing year 2024, the fund reported 43 itemized grants totaling $765,444. Grants ranged from $5,077 to $118,910, with a median of $10,000. The largest listed awards included $118,910 to The Trout Museum of Art and $60,000 to Fox Valley Symphony Orchestra Association, both in Appleton; $52,607 to The Building for Kids in Appleton; and $30,000 to CAP Services–Stevens Point.
Other listed grants included $26,066 to Ripon College, $26,016 to Marian University, $25,000 each to WMC Foundation, Children’s Hospital of Wisconsin Foundation, and Milwaukee Public Museum, $23,033 to Friends of Appleton Library, and $20,000 each to Samaritan and Peninsula Music Festival.
The fund’s filing describes grants to public charities, some through a competitive process. Recipients are expected to follow the terms and conditions in their grant application and grant agreement, including submitting progress or final reports when deemed appropriate by the relevant grantmaking committee. Eligibility for future funding is contingent on meeting those terms and conditions.
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Geographic Focus
Where this funder awards grants
In 2024, 87% of grant dollars went to recipients in Wisconsin. California, Minnesota, and Michigan each received 2%, and Illinois received 1%. Examples of out-of-state recipients include United Way of the Bay Area in San Francisco, which received $13,000; the organization describes its work as addressing poverty and supporting pathways to prosperity.
Grant Distribution by State
Share of 2024 grant dollars across all 43 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $765K (2024) to $3.9M (2019). In 2024 it made 43 grants totaling $765K.
*2021: Covers 18 months (fiscal year-end changed).
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Trout Museum of Art ($119K). Together the top 10 received $412K.
Grant Size Distribution
234 grants across all recorded years
The most common grant size was under $50K: 198 grants of 234 (85%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Trout Museum of Art Appleton, WI | Arts, Culture & Humanities | $118,910 |
| Fox Valley Symphony Orchestra Association Appleton, WI | Arts, Culture & Humanities | $60,000 |
| The Building for Kids Appleton, WI | Youth Development | $52,607 |
| Cap Services-Stevens Point Stevens Point, WI | Community Improvement & Capacity Building | $30,000 |
| Ripon College Ripon, WI | Education | $26,066 |
| Marian University Fond Du Lac, WI | Education | $26,016 |
| WMC Foundation Madison, WI | Public Safety, Disaster Preparedness & Relief | $25,000 |
| Children's Hospital of Wisconsin Foundation Inc Milwaukee, WI | Health Care | $25,000 |
| Milwaukee Public Museum Milwaukee, WI | Arts, Culture & Humanities | $25,000 |
| Friends of Appleton Library Incorporated Appleton, WI | Education | $23,033 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant total |
|---|---|---|---|---|
| 2024 | $4,059,896 | $568,460 | $943,856 | $765,444 |
| 2023 | $5,652,508 | $4,695,943 | $1,882,919 | $1,689,547 |
| 2022 | $3,023,960 | $2,916,241 | $2,814,223 | $2,722,500 |
*2021: Covers 18 months (fiscal year-end changed).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,059,896 | $5,652,508 | $3,023,960 |
| Revenue | $568,460 | $4,695,943 | $2,916,241 |
| Expenses | $943,856 | $1,882,919 | $2,814,223 |
| Net Investment Income | $46,460 | $20,050 | $13,728 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas J Boldt as board chair; Pat Boldt as vice chair; Kenneth C Stolzman as director; and Jeffry D Knezel as treasurer. Walter S Rugland is listed as secretary through March 2024, and Beth Flaherty as secretary as of October 2024.
The Boldt Family Fund Inc is led by Thomas J. Boldt, Board Chair since 2023 (on filings since 2019); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas J. Boldt
Board Chair
Vice President → President, 2020
President → Board Chair, 2023
On filings since 2019
1.5 hrs/week
No compensation reported
Kenneth C. Stolzman
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Jeffry D. Knezel
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Pat Boldt
Vice Chair
Vice President → Vice Chair, 2023
On filings since 2021
1.5 hrs/week
No compensation reported
Beth Flaherty
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Walter S. Rugland (2019–2024) — Secretary · Filing note: Deceased
- Former: Oscar C. Boldt (2019–2020) — Past President
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 4455 W Lawrence St, Appleton, WI 54914
Phone: (920) 830-1290
Frequently asked questions about The Boldt Family Fund Inc
How much does The Boldt Family Fund Inc give each year?
The Boldt Family Fund Inc gave $765K across 43 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.7M across 49 grants.
What is The Boldt Family Fund Inc's typical grant size?
The Boldt Family Fund Inc's median grant in 2024 was $10,000, and its average grant was $17,801, across 43 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Boldt Family Fund Inc that year got $12K on average.
Where does The Boldt Family Fund Inc give grants?
The Boldt Family Fund Inc gives mostly in Wisconsin: 87% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Appleton, WI (12 grants), Milwaukee, WI (5 grants), Menasha, WI (3 grants) and Madison, WI (2 grants).
Does The Boldt Family Fund Inc give general operating support?
Not in 2024: none of the 43 grants with a stated purpose on The Boldt Family Fund Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Arts, Culture & Humanities" (14 grants), "Education" (6 grants) and "Community Improvement & Capacity Building" (4 grants).
Who are The Boldt Family Fund Inc's largest grantees?
The Boldt Family Fund Inc's largest 2024 grantees include The Trout Museum of Art ($118,910), Fox Valley Symphony Orchestra Association ($60,000) and The Building for Kids ($52,607), according to its 2024 IRS Form 990. Together they received 30% of its itemized 2024 grant dollars.
How large is The Boldt Family Fund Inc?
The Boldt Family Fund Inc reported $4.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $568K.
What does The Boldt Family Fund Inc fund?
The fund’s stated mission is to support the charitable interests of the Boldt Family Foundation by providing grants to charitable organizations interested in scientific, health, performing arts, literary, and educational purposes. See mission & focus areas ↑
How do I apply for a grant from The Boldt Family Fund Inc?
The Boldt Family Fund Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is The Boldt Family Fund Inc's EIN?
The Boldt Family Fund Inc's EIN (Employer Identification Number) is 81-2176525. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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