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Minnie Velo Memorial Charitable Trust is a private trust based in FARGO, ND. The foundation received its IRS ruling in 1981. It holds total assets of $102K. Annual income is reported at $1K. THE TRUST ANNUALLY AWARDS SCHOLARSHIPS TO INDIVIDUALS PURSUING HIGHER EDUCATION IN A HEALTH-RELATED FIELD COURSE OF STUDY. According to available records, Minnie Velo Memorial Charitable Trust has made 8 grants totaling $9K, with a median grant of $1K. Annual giving has decreased from $6K in 2022 to $3K in 2023. Individual grants have ranged from $1K to $1K, with an average award of $1K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
THE TRUST ANNUALLY AWARDS SCHOLARSHIPS TO INDIVIDUALS PURSUING HIGHER EDUCATION IN A HEALTH-RELATED FIELD COURSE OF STUDY
Expenses: $4K
THE TRUST ANNUALLY AWARDS SCHOLARSHIPS TO INDIVIDUALS PURSUING HIGHER EDUCATION IN A HEALTH-RELATED FIELD COURSE OF STUDY. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MN.
Minnie Velo Memorial Charitable Trust has distributed a total of $9K across 8 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.
The application deadline is ATTACHED. ATTACHED.
Minnie Velo Memorial Charitable Trust is headquartered in FARGO, ND.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cindy Westby | TREASURER | $0 | $0 | $0 |
Total Giving
$3K
Total Assets
$105K
Fair Market Value
$82K
Net Worth
$105K
Grants Paid
$3K
Contributions
$0
Net Investment Income
$870
Distribution Amount
$4K
Total: $41K
Total Grants
8
Total Giving
$9K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monserrat GonzalesSCHOLARSHIP | Pelican Rapids, MN | $1K | 2023 |
| Wylie BrendenSCHOLARSHIP | Rothsay, MN | $1K | 2023 |
| Adriana WillitsSCHOLARSHIP | Rothsay, MN | $1K | 2023 |
| Chase BalkenSCHOLARSHIP | Rothsay, MN | $1K | 2022 |
| Ella BackstromSCHOLARSHIP | Pelican Rapids, MN | $1K | 2022 |
CANTON, IL
RUSSELL, KY
MCPHERSON, KS
CAMERON, MO
CHARLES CITY, IA
| Lisbeth PantojaSCHOLARSHIP |
| Pelican Rapids, MN |
| $1K |
| 2022 |
| Amelia SytsmaSCHOLARSHIP | Pelican Rapids, MN | $1K | 2022 |
| Megan PetersonSCHOLARSHIP | Pelican Rapids, MN | $1K | 2022 |
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