West Central Initiative
SERVING TO IMPROVE WEST CENTRAL MINNESOTA THROUGH FUNDING, PROGRAMS, AND TECHNICAL ASSISTANCE. VISION OF A VIBRANT, INCLUSIVE, AND SUSTAINABLE WORLD STARTS HERE IN WEST CENTRAL MINNESOTA.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$96.5M
+8.6% YoY
Annual Giving
$5.3M
-23.4% YoY
Grant Count
185
+27.6% YoY
Avg Grant Size
$29K
-39.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $96,470,939 | $88,800,984 | $87,078,134 |
| Revenue | $16,024,793 | $9,762,014 | $9,220,682 |
| Expenses | $11,792,919 | $12,096,788 | $7,282,692 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,996,465 | $2,992,123 | $1,652,626 |
| 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 2025
Grant Size Distribution
819 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does West Central Initiative fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COREY KRATCHA | DIRECTOR | 0.5 | — |
| JACKIE BUBOLTZ | CHAIRPERSON | 0.5 | — |
| LAURA JB SCHMIDT | VICE CHAIRPERSON | 0.5 | — |
| KARI KREFT | DIRECTOR | 0.5 | — |
| ERIC NEWELL | DIRECTOR | 0.5 | — |
| ELIZABETH PIHLAJA | DIRECTOR | 0.5 | — |
| TYLER WIRTH | DIRECTOR | 0.5 | — |
| DAVID SCHORNACK | TREASURER | 0.5 | — |
| JACOB MCARTHUR | DIRECTOR | 0.5 | — |
| NANCY HUOT | SECRETARY | 0.5 | — |
| MICHELE STAEBLER | DIRECTOR | 0.5 | — |
| TRINA STARKER | DIRECTOR | 0.5 | — |
| JANICE TWEET | DIRECTOR | 0.5 | — |
| RYAN ROONEY | DIRECTOR | 0.5 | — |
| LISA TILLOTSON | DIRECTOR | 0.5 | — |
| ANNA WASESCHA | PRESIDENT | 40 | $200,547 |
| TREVOR GERVAIS | CFO | 40 | $84,860 |
| REBECCA PETERSON | DIRECTOR OF DEVELOPMENT | 40 | $115,214 |
| GREGORY WAGNER | DIRECTOR OF BUSINESS AND ECONOMIC DEVELOPMENT | 40 | $103,440 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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