//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Charles A Gundelach Memorial Fund No 244640t is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 1991. The principal officer is Mercantile Bank Ttee. It holds total assets of $5.8M. Annual income is reported at $2.3M. Total assets have grown from $3.8M in 2011 to $5.8M in 2024. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in California, Florida and Illinois. According to available records, Charles A Gundelach Memorial Fund No 244640t has made 12 grants totaling $1.2M, with a median grant of $66K. Annual giving has grown from $82K in 2022 to $458K in 2024. Grantmaking activity was highest in 2023 with $672K distributed across 4 grants. Individual grants have ranged from $9K to $288K, with an average award of $101K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Florida, California, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$20K
Average Grant
$20K
Largest Grant
$34K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Charles A Gundelach Memorial Fund No 244640t is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in FL, CA, IL.
Charles A Gundelach Memorial Fund No 244640t has distributed a total of $1.2M across 12 grants. The median grant size is $66K, with an average of $101K. Individual grants have ranged from $9K to $288K.
Charles A Gundelach Memorial Fund No 244640t typically selects its grantees rather than accepting unsolicited proposals.
Charles A Gundelach Memorial Fund No 244640t is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $90K | $0 | $90K |
Total Giving
N/A
Total Assets
$5.8M
Fair Market Value
N/A
Net Worth
$5.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$1.2M
Average Grant
$101K
Median Grant
$66K
Unique Recipients
6
Most Common Grant
$75K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rollins CollegeGENERAL OPERATING | Winter Park, FL | $194K | 2024 |
| Stanford UniversityGENERAL OPERATING | Stanford, CA | $156K | 2024 |
| We Raise FoundationGENERAL OPERATING | Itasca, IL | $57K | 2024 |
| American Heart AssociationGENERAL OPERATING | Dallas, TX | $50K | 2024 |
| Wheat Ridge MinistriesGENERAL OPERATING | Itasca, IL | $10K | 2022 |
| American Heart Assn Ca AffiliateGENERAL OPERATING | Burlingame, CA | $9K | 2022 |