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The Marcia And Kent Velde Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2020. The principal officer is Marcia Velde. It holds total assets of $3.1M. Annual income is reported at $378K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Wisconsin and Virginia. According to available records, The Marcia And Kent Velde Foundation has made 61 grants totaling $537K, with a median grant of $5K. Annual giving has grown from $127K in 2021 to $204K in 2023. Grantmaking activity was highest in 2022 with $207K distributed across 20 grants. Individual grants have ranged from $250 to $55K, with an average award of $9K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Wisconsin, Indiana, Virginia, which account for 87% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$10K
Largest Grant
$55K
Based on 20 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.
The Marcia And Kent Velde Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in WI, IN, VA.
The Marcia And Kent Velde Foundation has distributed a total of $537K across 61 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $250 to $55K.
The Marcia And Kent Velde Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Marcia And Kent Velde Foundation is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Kent Velde | TRUSTEE | $0 | $0 | N/A |
| Marcia Ferguson Velde | TRUSTEE | $0 | $0 | N/A |
Total Giving
$221K
Total Assets
$3.1M
Fair Market Value
$3.2M
Net Worth
$3.1M
Grants Paid
$204K
Contributions
N/A
Net Investment Income
$111K
Distribution Amount
$158K
Total: $902K
Total Grants
61
Total Giving
$537K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
24
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Notre Dame School Of MilwaukeeCHARITABLE | Milwaukee, WI | $55K | 2023 |
| St Marcus Lutheran SchoolCHARITABLE | Milwaukee, WI | $50K | 2023 |
| St Augustine Preparatory AcademyCHARITABLE | Milwaukee, WI | $25K | 2023 |
| Milwaukee Repertory TheaterCHARITABLE | Milwaukee, WI | $20K | 2023 |
| St Robert SchoolCHARITABLE | Shorewood, WI | $5K | 2023 |
| Catholic Community FoundationCHARITABLE | Milwaukee, WI | $5K | 2023 |
| Marquette University High SchoolCHARITABLE | Milwaukee, WI | $5K | 2023 |
| Women'S Care CenterCHARITABLE | Milwaukee, WI | $5K | 2023 |
| Formation FoundationCHARITABLE | South Bend, IN | $5K | 2023 |
| Medical College Of WisconsinCHARITABLE | Wauwatosa, WI | $5K | 2023 |
| Milwaukee Art MuseumCHARITABLE | Milwaukee, WI | $5K | 2023 |
| Divine Savior Holy Angel High SchoolCHARITABLE | Milwaukee, WI | $5K | 2023 |
| St Gertrude High SchoolCHARITABLE | Richmond, VA | $3K | 2023 |
| Bridge To BrighterCHARITABLE | Elm Grove, WI | $3K | 2023 |
| Nativity Jesuit AcademyCHARITABLE | Milwaukee, WI | $3K | 2023 |
| Cathedral Of The Sacred HeartCHARITABLE | Milwaukee, WI | $2K | 2023 |
| Adoption Services IncCHARITABLE | Camp Hill, PA | $1K | 2023 |
| Mary'S Choice RvaCHARITABLE | Richmond, VA | $1K | 2023 |
| Our Lady Of Joy ChurchCHARITABLE | Carefree, AZ | $1K | 2023 |
| St Bernard-St Hedwig ParishCHARITABLE | Thorp, WI | $1K | 2023 |
| Silver Spur Therapeutic Riding CenterCHARITABLE | New Harmony, UT | $500 | 2023 |
| Milwaukee Public MuseumCHARITABLE | Milwaukee, WI | $10K | 2022 |