Program areas at Veit Foundation
The Veit automotive foundations museum saw great strides in 2022. Following our mission to educate the guests of all ages we have worked on our display signage for the history of the vehicles and the brands represented on the floor. That signage along with resetting the floor layout allowed us to highlight new vehicles that have returned from restoration or are soon to return from restoration. Those changes to the museum display space's has increased the viewer experience exponentially by category. Those same display spaces saw the addition of new upgraded led light bulbs which helps us cater to older demographics.in 2022, we were also able to fill in specific categories in current collections within the collection. Additional gas pumps returned from restoration, we added additional ashtrays and shift knobs, outboard motors, hanging artwork and petroliana/americana signage from all eras.
Restoration work continues on several 1930's vehicles that are designated to fill future positions on the floor. These will be key components completing categories here at the foundations collection. The museum has continued its no charge free admission policy for guests through the 2022 season.charitable giving continued in 2022 with us supporting several organizations throughout the year.- car shows like - motorhead madness show- change the outcome
In late 2015, the museum started a kids' club to educate children on automobiles and building hot rods. During 2019, museum representatives conducted the kids' club activities at the museum and hosted children's groups, such as girl scout troops working on their "playing the past" badges.
Collection 1933 ford delivery sedan restoration
Grants made by Veit Foundation
Personnel at Veit Foundation
Name | Title | Compensation | Date of data |
---|
Vaughn A Veit | Chief Executive Officer | $0 | 2023-11-15 |
Financials for Veit Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,321,270 | $1,226,000 | 7.8% |
Investment income and dividends | $0 | $0 | - |
Net rental income | $3,675 | $3,675 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $12,000 | $16,140 | -25.7% |
Total revenues | $1,336,945 | $1,245,815 | 7.3% |
Organizations like Veit Foundation
Organization | Type | Location | Revenue |
---|
Planning and Art Resources for Communities | 501(c)(3) | New York, NY | $1,927,208 |
Liberty Hall Foundation | 501(c)(3) | Union, NJ | $698,926 |
The Dolly Richter Watson Memorial Foundation | 501(c)(3) | Laredo, TX | $1,377,515 |
The Earle Brown Music Foundation | 501(c)(3) | Atlanta, GA | $1,245,993 |
Arizona Copper Art Museum | 501(c)(3) | Clarkdale, AZ | $425,583 |
Hallam J Koons Trust Dated May 1 1961 | 501(c)(3) | Chicago, IL | $588,395 |
Cossack Foundation | 501(c)(3) | Saint Paul, MN | $373,244 |
Houston Saengerbund | 501(c)(3) | Houston, TX | $375,194 |
Vision Factory Foundation | 501(c)(3) | New York, NY | $865,047 |
Classic Car Museum of St Augustine | 501(c)(3) | Saint Augustine, FL | $470,720 |
Data update history
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 8552 Baker Ave NW
- Buffalo, MN 55362
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- Website URL
- veitauto.org/
- Phone
- (612) 499-2794
IRS details
- EIN
- 41-1948093
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2000
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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