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Mundt Foundation is a private corporation based in GENEVA, NE. The foundation received its IRS ruling in 2003. The principal officer is Brashear & Ginn. It holds total assets of $1.6M. Annual income is reported at $957K. Total assets have grown from N/A in 2011 to $1.5M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Mundt Foundation has made 12 grants totaling $178K, with a median grant of $11K. Individual grants have ranged from $7K to $25K, with an average award of $15K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Nebraska, Wisconsin, Minnesota, which account for 50% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
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.
Mundt Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NE, WI, MN.
Mundt Foundation has distributed a total of $178K across 12 grants. The median grant size is $11K, with an average of $15K. Individual grants have ranged from $7K to $25K.
Mundt Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mundt Foundation is headquartered in GENEVA, NE. While based in NE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heartland Trust Company | Trustee | $0 | $0 | N/A |
| Dorothy Mundt | President/Treasurer | $0 | $0 | N/A |
| Phillip J Mundt | Director | $0 | $0 | N/A |
| Carla A Mundt | Director | $0 | $0 | N/A |
Total Giving
$131K
Total Assets
$1.5M
Fair Market Value
$2.1M
Net Worth
$1.5M
Grants Paid
$103K
Contributions
$100K
Net Investment Income
$137K
Distribution Amount
$95K
Total: $1.4M
Total Grants
12
Total Giving
$178K
Average Grant
$15K
Median Grant
$11K
Unique Recipients
6
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lutheran Counseling And Family ServORGANIZATION'S EXEMPT PURPOSES | Wauwatosa, WI | $25K | 2022 |
| Lutheran High School Association OfORGANIZATION'S EXEMPT PURPOSES | Norfolk, NE | $25K | 2022 |
| Lutheran Music ProgramORGANIZATION'S EXEMPT PURPOSES | Minneapolis, MN | $12K | 2022 |
| Associates Of Lutheran Church MusicORGANIZATION'S EXEMPT PURPOSES | Valpraiso, IN | $10K | 2022 |
| Mount Hope Lutheran SchoolORGANIZATION'S EXEMPT PURPOSES | Casper, WY | $10K | 2022 |
| Bethesda Lutheran ChurchORGANIZATION'S EXEMPT PURPOSES | Hot Springs, SD | $7K | 2022 |