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Mwe Scholarship Fund is a private trust based in GRAND FORKS, ND. The foundation received its IRS ruling in 2015. It holds total assets of $7.3M. Annual income is reported at $1.8M. Total assets have grown from $5.9M in 2015 to $7.1M 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 2017 to 2023. The foundation primarily funds organizations in North Dakota and Minnesota. According to available records, Mwe Scholarship Fund has made 18 grants totaling $645K, with a median grant of $12K. The foundation has distributed between $320K and $326K annually from 2022 to 2023. Individual grants have ranged from $5K to $201K, with an average award of $36K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Dakota, Minnesota, Iowa, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$29K
Largest Grant
$196K
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.
Mwe Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in ND, MN, IA.
Mwe Scholarship Fund has distributed a total of $645K across 18 grants. The median grant size is $12K, with an average of $36K. Individual grants have ranged from $5K to $201K.
Mwe Scholarship Fund is a private foundation. To inquire about grants, you can look up the foundation using their EIN (477169542) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Mwe Scholarship Fund is headquartered in GRAND FORKS, ND. While based in ND, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lyle Hall | PRESIDENT | $15K | $0 | $15K |
| Mark Sanford | VICE PRESIDENT | $15K | $0 | $15K |
| Bruce Kopp | SECRETARY/TREASURER | $15K | $0 | $15K |
Total Giving
$413K
Total Assets
$7.1M
Fair Market Value
$7.1M
Net Worth
$7.1M
Grants Paid
$326K
Contributions
N/A
Net Investment Income
$414K
Distribution Amount
$318K
Total: $25K
Total Grants
18
Total Giving
$645K
Average Grant
$36K
Median Grant
$12K
Unique Recipients
11
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of North DakotaSCHOLARSHIP | Grand Forks, ND | $201K | 2023 |
| University Of MinnesotaSCHOLARSHIP | Minneapolis, MN | $6K | 2022 |
| North Dakota State UniversitySCHOLARSHIP | Fargo, ND | $31K | 2023 |
| Joseph'S School Of Hair DesignSCHOLARSHIP | Grand Forks, ND | $31K | 2023 |
| Northland Community And Technical CollegeSCHOLARSHIP | East Grand Forks, MN | $27K | 2023 |
| Iowa State UniversitySCHOLARSHIP | Ames, IA | $19K | 2023 |
| Univeristy Of CincinnatiSCHOLARSHIP | Cincinnati, OH | $11K | 2023 |
| St Catherine UniversitySCHOLARSHIP | St Paul, MN | $6K | 2023 |
| University Of JamestownSCHOLARSHIP | Jamestown, ND | $11K | 2022 |
| Mayville State UniversitySCHOLARSHIP | Mayville, ND | $7K | 2022 |
| Minot State UniversitySCHOLARSHIP | Minot, ND | $6K | 2022 |