The Marcia & Kent Velde Foundation
The Marcia & Kent Velde Foundation is a private foundation based in Milwaukee, Wisconsin. The foundation maintains a focused approach to philanthropic giving across select geographic regions and issue areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+0.7% YoY
Annual Giving
$185K
-9.4% YoY
Grant Count
19
-9.5% YoY
Avg Grant Size
$10K
+0.2% YoY
Under IRS private-foundation payout rules, The Marcia & Kent Velde Foundation reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation does not accept unsolicited applications. Grants are awarded by invitation only.
Grant Range
$1,000 - $55,000
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Geographic Focus
Where this funder awards grants
The foundation provides grants primarily in:
- Wisconsin
- Virginia
- Utah
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $3,117,858
Annual Giving: $184,500
Giving Rate: 5.9% of assets
Most Recent Filing: 2024 (Form 990-PF)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,117,858 | $3,097,603 | $3,222,901 |
| Revenue | $218,622 | $122,001 | $61,753 |
| Expenses | $201,607 | $220,778 | $221,441 |
| Qualifying Distributions | $192,887 | $209,649 | $214,305 |
| Net Investment Income | $209,902 | $110,872 | $52,660 |
| Distributable Amount | $157,827 | $158,292 | $184,773 |
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
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Notre Dame School of Milwaukee ($55,000), Cathedral of the Sacred Heart ($26,000), St Augustine Preparatory Academy ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SILVER SPUR THERAPEUTIC RIDING CENTER NEW HARMONY, UT | CHARITABLE | $500 |
| MARY'S CHOICE RVA RICHMOND, VA | CHARITABLE | $1,000 |
| NOTRE DAME SCHOOL OF MILWAUKEE MILWAUKEE, WI | CHARITABLE | $55,000 |
| FORMATION FOUNDATION SOUTH BEND, IN | CHARITABLE | $5,000 |
| ST ROBERT SCHOOL SHOREWOOD, WI | CHARITABLE | $2,500 |
| MEDICAL COLLEGE OF WISCONSIN WAUWATOSA, WI | CHARITABLE | $5,000 |
| MILWAUKEE ART MUSEUM MILWAUKEE, WI | CHARITABLE | $5,000 |
| MILWAUKEE REPERTORY THEATER MILWAUKEE, WI | CHARITABLE | $20,000 |
| WOMEN'S CARE CENTER MILWAUKEE, WI | CHARITABLE | $5,000 |
| CATHEDRAL OF THE SACRED HEART MILWAUKEE, WI | CHARITABLE | $26,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W KENT VELDE | TRUSTEE | — | — |
| MARCIA FERGUSON VELDE | TRUSTEE | — | — |
Frequently Asked Questions
What does The Marcia & Kent Velde Foundation fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Marcia & Kent Velde Foundation?
**Grant Activity:** • Annual giving: $184,500 • Number of grants: 18 (based on 2024 data) • Grant range: $1,000 - $55,000 • Median grant size: $5,000 **Application Policy:** The foundation does not accept unsolicited applications. Grants are awarded by invitation only.
Where does The Marcia & Kent Velde Foundation make grants?
The foundation provides grants primarily in: • Wisconsin • Virginia • Utah
What size grants does The Marcia & Kent Velde Foundation award?
In 2024, The Marcia & Kent Velde Foundation awarded 19 grants totaling $185K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Marcia & Kent Velde Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marcia & Kent Velde Foundation reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marcia & Kent Velde Foundation's EIN?
The Marcia & Kent Velde Foundation's EIN (Employer Identification Number) is 85-6464574. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Marcia & Kent Velde Foundation's focus areas in our free grants database
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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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