Welk Family Foundation
The Welk Family Foundation is a private foundation established in 1988 and based in Aberdeen, South Dakota. The foundation operates as a 501(c)(3) organization dedicated to philanthropic giving in the Upper Midwest region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+1.6% YoY
Annual Giving
$188K
+4.7% YoY
Grant Count
36
+24.1% YoY
Avg Grant Size
$5K
-15.7% YoY
Mission & Focus Areas
The foundation's giving priorities focus primarily on:
- Human Services
- Education
- Religious Organizations
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The foundation maintains an active grantmaking program, with recent grant distributions reflecting its commitment to its priority areas.
Grant Range
$261–$93,203
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Geographic Focus
Where this funder awards grants
The foundation's geographic focus includes:
- Sisseton, South Dakota
- Aberdeen, South Dakota
- Primary service region: South Dakota, Minnesota, and North Dakota
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $2,700,109 |
| Total Annual Giving | $188,118 |
| Year Established | 1988 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,700,109 | $2,656,699 | $2,695,113 |
| Revenue | $271,603 | $181,790 | $237,844 |
| Expenses | $228,193 | $220,204 | $244,122 |
| Qualifying Distributions | $211,904 | $203,165 | $223,806 |
| Net Investment Income | $256,875 | $167,011 | $222,992 |
| Distributable Amount | $221,507 | $209,534 | $203,444 |
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
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is administered through Dacotah Bank, which serves as the contact institution for grant inquiries.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dacotah Bank | Trustee | 5 | $26,360 |
| June Helgeson | Advisor | 0.1 | — |
| Kaye Cahill | Advisor | 0.1 | — |
| Ross Hanson | Advisor | 0.1 | — |
| Mark Pistorius | Advisor | 0.1 | — |
| Pat Dady | Advisor | 0.1 | — |
Contact Information
Address: PO Box 1210 Aberdeen, SD 57402-1210
Phone: 605-225-5611
EIN: 36-3579562
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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