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EIN 46-4703262

New Ulm Area Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
New Ulm
State
Minnesota
Year formed
2019
Most recent tax filings
2022-12-01
NTEE code, primary
T31: Community Foundations
Description
The New Ulm Area Foundation's mission is to address community needs by growing endowment funds and providing financial grants from the earnings of those funds. The foundation focuses its grant funding in areas such as the arts, education, and economic development. In 2022, it awarded 23 different grants to 18 different non-profits or governmental entities in the New Ulm area for projects in education, historical preservation, economic development and the arts. Additionally, scholarship grants were also given out.
Total revenues
$2,407,935
2022
Total expenses
$195,668
2022
Total assets
$2,700,111
2022
Num. employees
1
2022

Program areas at New Ulm Area Foundation

In 2022, the Foundation awarded 23 different grants to 18 different New Ulm Area non-profits or governmental entities to assist in projects in the areas of education, historical preservation, economic development and the arts. In addition, scholarship grants were awarded to educational institutions from the Foundation to be awarded as scholarships to 20 worthy Area students.

Who funds New Ulm Area Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Saint Paul and Minnesota FoundationMultiple Grants for Multiple Purposes$1,943,186
American Endowment FoundationPhilanthropy$5,250

Personnel at New Ulm Area Foundation

NameTitleCompensation
John IllikmanBoard Member$2,200
Jenna PetersonSecretary and Treasurer$0
Kathy van RoekelBoard Member$0
Patrick HerzogVice President$0

Financials for New Ulm Area Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,343,298
Program services$63
Investment income and dividends$44,819
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,755
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,407,935

Form 990s for New Ulm Area Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-25990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-02990EZView PDF

Organizations like New Ulm Area Foundation

OrganizationLocationRevenue
Redlands Community FoundationRedlands, CA$1,218,134
Moline FoundationMoline, IL$1,643,716
Johnson County Community FoundationFranklin, IN$9,319,599
Chautauqua Region Community FoundationJamestown, NY$9,846,878
Community Foundation of Pulaski CountyWinamac, IN$2,586,798
Community Foundation of the Gunnison ValleyGunnison, CO$1,931,328
Alamance Community FoundationBurlington, NC$2,369,564
LaGrange County Community FoundationLagrange, IN$2,094,388
Greater Lowell Community FoundationincLowell, MA$9,411,237
Marshfield Area Community FoundationMarshfield, WI$1,573,479
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $1,943,186 from Saint Paul and Minnesota Foundation
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
PO Box 201
New Ulm, MN 56073
Metro area
Mankato, MN
County
Brown County, MN
Website URL
newulmareafoundation.org/ 
IRS details
EIN
46-4703262
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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