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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
2023-12-01
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
$315,039
2023
Total expenses
$261,238
2023
Total assets
$3,109,821
2023
Num. employees
1
2023

Program areas at New Ulm Area Foundation

In 2023, the Foundation awarded 13 different grants to 10 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 35 worthy Area students.

Who funds New Ulm Area Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mickelson Media FoundationFor General Support of Organization$25,000
Charities Aid Foundation of AmericaCharitable Donation$20,000

Personnel at New Ulm Area Foundation

NameTitleCompensation
John IllikmanBoard Member$2,200
Patrick HerzogVice President$0

Financials for New Ulm Area Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$254,476
Program services$23
Investment income and dividends$70,552
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-10,012
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$315,039

Form 990s for New Ulm Area Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990View PDF
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
Black River Falls Area FoundationBlack River Falls, WI$572,364
Walker Area Community FoundationWalker, MN$121,987
Grant County Community Foundation IncorporatedUlysses, KS$783,816
Greater White Bear Lake Community FoundationWhite Bear Lake, MN$490,957
Community Foundation of Grundy CountyMorris, IL$1,332,882
Community Foundation of Greene CountyWaynesburg, PA$1,292,573
The Southeast Virginia Community FoundationChesapeake, VA$267,674
Bucks County FoundationDoylestown, PA$1,456,892
Sweet Grass Community FoundationBig Timber, MT$1,025,256
Huron County Community FoundationBad Axe, MI$753,327
Data update history
December 23, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Mickelson Media Foundation
April 1, 2024
Updated personnel
Identified 3 new personnel
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
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 201
New Ulm, MN 56073
Metro area
Mankato, MN
County
Brown County, MN
Website URL
newulmareafoundation.org/ 
Phone
(507) 354-3337
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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