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Also known as: CHARITABLE TRUST
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Milton And Dorothy Fricke Charitable Trust is a private trust based in LAKEFIELD, MN. The foundation received its IRS ruling in 2022. The principal officer is Paul Rentschler. It holds total assets of $1.2M. Annual income is reported at $62K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2022 to 2023. According to available records, Milton And Dorothy Fricke Charitable Trust has made 15 grants totaling $329K, with a median grant of $25K. Annual giving has decreased from $250K in 2022 to $79K in 2023. Individual grants have ranged from $8K to $52K, with an average award of $22K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Milton And Dorothy Fricke Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MN.
Milton And Dorothy Fricke Charitable Trust has distributed a total of $329K across 15 grants. The median grant size is $25K, with an average of $22K. Individual grants have ranged from $8K to $52K.
Milton And Dorothy Fricke Charitable Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (881932603) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Milton And Dorothy Fricke Charitable Trust is headquartered in LAKEFIELD, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Rentschler | TRUSTEE | $0 | $0 | N/A |
| Mark Rhode | TRUSTEE | $0 | $0 | N/A |
Total Giving
$101K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$79K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$76K
Total: $261K
Total Grants
15
Total Giving
$329K
Average Grant
$22K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Immanuel Lutheran ChurchBUILDING FUND | Lakefield, MN | $52K | 2023 |
| Immanuel Lutheran SchoolBUILDING FUND | Lakefield, MN | $8K | 2023 |
| Faith Bible ChurchGROWTH FUND | White Bear Lake, MN | $25K | 2022 |
| Greater Twin Cities Youth SymphonieGENERAL FUND | St Paul, MN | $25K | 2022 |
| Concordia AcademyGENERAL FUND | Roseville, MN | $25K | 2022 |
| St Andrew Lutheran ChurchPRESCHOOL | Mahtomedi, MN | $25K | 2022 |
| Jackson County FairENDOWMENT FUND | Jackson, MN | $13K | 2022 |
| New Life AcademyGENERAL FUND | Woodbury, MN | $13K | 2022 |