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Also known as: MEMORIAL FUND
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Marshall H And Nellie Alworth Memorial Fund is a private corporation based in DULUTH, MN. The foundation received its IRS ruling in 1951. It holds total assets of $18.4M. Annual income is reported at $3.7M. Total assets have grown from $5.5M in 2011 to $16.7M in 2023. The foundation is governed by 13 officers and trustees. Scholarships program for students who have outstanding scholastic ability and the potential for acheivement in the sciences. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Marshall H And Nellie Alworth Memorial Fund has made 1,172 grants totaling $4.6M, with a median grant of $5K. The foundation has distributed between $1.1M and $2.2M annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $2.2M distributed across 448 grants. Individual grants have ranged from $3K to $8K, with an average award of $4K. The foundation has supported 388 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$8K
Based on 240 grants from the most recent 990-PF filing.
Scholarships program for students who have outstanding scholastic ability and the potential for acheivement in the sciences.
Expenses: $1.2M
Scholarships program for students who have outstanding scholastic ability and the potential for acheivement in the sciences. Based on available records, the foundation has funded 1,172 grants. Its grantmaking reaches organizations primarily in MN.
Marshall H And Nellie Alworth Memorial Fund has distributed a total of $4.6M across 1,172 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $3K to $8K.
The application deadline is THE SUBMISSION DEADLINE IS JANUARY 15 OF EACH CALENDAR YEAR FOR SUBMISSION OF APPLICATIONS.. Grants are limited to students from northern minnesota attending accredited colleges and universities of their choice who are majoring in one of the basic sciences of medicine and can show evidence of need for financial assistance.
Marshall H And Nellie Alworth Memorial Fund is headquartered in DULUTH, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patty Salo Downs | EXECUTIVE DI | $69K | $0 | $69K |
| Marieta Johnson | PRESIDENT | $726 | $0 | $726 |
| Eric Albrecht | TREASURER | $600 | $0 | $600 |
| Patty Phillips | DIRECTOR | $600 | $0 | $600 |
| Kurt Brooks | DIRECTOR | $600 | $0 | $600 |
| Jeffrey Wig | DIRECTOR | $600 | $0 | $600 |
| Charles Black Lance | DIRECTOR | $600 | $0 | $600 |
| Maggie Skelton | VICE PRESIDE | $600 | $0 | $600 |
| Michelle Arnhold Davies | DIRECTOR | $400 | $0 | $400 |
| Pam Thomsen | DIRECTOR | $200 | $0 | $200 |
| Lonnie Swartz | DIRECTOR | $200 | $0 | $200 |
| Jim Spreitzer | DIRECTOR | $200 | $0 | $200 |
| Nick Alworth | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$16.7M
Fair Market Value
$16.7M
Net Worth
$16.7M
Grants Paid
$1.2M
Contributions
$1.7M
Net Investment Income
$920K
Distribution Amount
$640K
Total Grants
1,172
Total Giving
$4.6M
Average Grant
$4K
Median Grant
$5K
Unique Recipients
388
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Noelle E MuellerEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Olivia M HendrenEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Olivia M HendricksonEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Olivia M OrlowskiEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Paige WickumEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Per J JohnsonEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Peyton A BradburyEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Phoebe G HelmsEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Phoebe MorganEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Quin M VillwockEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rachel M AntonuttiEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rachel WilsonEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rebekah N StorlieEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rhett J MundtEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Ricardo R GonzalezEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Riley DreherEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Riley J GilgeEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rolan A KuznetsovEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Rowan E RockEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Ryan J MccormickEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Samantha A WalkerEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Samantha M MuchEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Samuel SchulzeEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Samuel V MutnanskyEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Sarah A SomervilleEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Seth S LindgrenEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |
| Shayla MarxenEDUCATIONAL SCHOLARSHIP | Duluth, MN | $3K | 2024 |