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Also known as: CHARITABLE FOUNDATION
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Karl And Mildred Niekamp Charitable Foundation is a private corporation based in WHEELING, WV. The foundation received its IRS ruling in 2005. The principal officer is Thomas C Oconnor. It holds total assets of $2.5M. Annual income is reported at $1.2M. Total assets have decreased from $2.7M in 2011 to $2.1M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in West Virginia. According to available records, Karl And Mildred Niekamp Charitable Foundation has made 22 grants totaling $355K, with a median grant of $13K. The foundation has distributed between $175K and $181K annually from 2022 to 2023. Individual grants have ranged from $2K to $57K, with an average award of $16K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$35K
Based on 11 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.
Karl And Mildred Niekamp Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in WV.
Karl And Mildred Niekamp Charitable Foundation has distributed a total of $355K across 22 grants. The median grant size is $13K, with an average of $16K. Individual grants have ranged from $2K to $57K.
The application deadline is NO.. Grants made by the foundation shall be made for the accomplishment of charitable purposes; however, preference shall be afforded to qualifying organizations and uses located in marshall county, west virginia.
Karl And Mildred Niekamp Charitable Foundation is headquartered in WHEELING, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William J Yaeger Jr | Trustee | $20K | $0 | $20K |
| Robert J Krall | Trustee | $20K | $0 | $20K |
| Thomas C Oconnor | Trustee | $16K | $0 | $16K |
Total Giving
$233K
Total Assets
$2.1M
Fair Market Value
$4.3M
Net Worth
$2.1M
Grants Paid
$175K
Contributions
N/A
Net Investment Income
$73K
Distribution Amount
$201K
Total: $1.3M
Total Grants
22
Total Giving
$355K
Average Grant
$16K
Median Grant
$13K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Marshall High SchoolMusic Department and Drug Free Club | Glen Dale, WV | $10K | 2023 |
| Wheeling SymphonyYoung Peoples Concert | Wheeling, WV | $5K | 2023 |
| Helping HeroesHanidcapped Access Van | Wheeling, WV | $18K | 2022 |
| Strand Theatre Preservation SocietyStage Renovation | Moundsville, WV | $50K | 2023 |
| Wvncc FoundationScholarship Fund | Wheeling, WV | $25K | 2023 |
| Cameron Middle SchoolStudent Assistance Fund and AP Fees Assistance | Cameron, WV | $20K | 2023 |
| Moundsville Middle SchoolStudent Assistance Fund and Art Department Grant | Moundsville, WV | $20K | 2023 |
| Simpson United Methodist ChurchFeeding People & Soul Kitchen | Moundsville, WV | $20K | 2023 |
| Washington Lands Elementary SchoolMusic Department | Moundsville, WV | $10K | 2023 |
| St Vincent De Paul ChurchFood Pantry | New Martinsville, WV | $5K | 2023 |
| Marshall County Historical SocietyCockayne Farmhouse General Operations | Moundsville, WV | $5K | 2023 |
| Central Elementary SchoolStudent Assistance Fund | Moundsville, WV | $5K | 2023 |
| Moundsville Marshall Co Public LibGenerator and Blinds | Moundsville, WV | $23K | 2022 |
| Cameron High SchoolStudent Assistance Fund and AP Fees Assistance | Cameron, WV | $15K | 2022 |
| Mcninch Primary SchoolStudent Assistance Fund and Food Program | Moundsville, WV | $7K | 2022 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV