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Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund is a private trust based in MADISON, WI. The foundation received its IRS ruling in 1973. The principal officer is Firstar Tax Serv. It holds total assets of $2.4M. Annual income is reported at $728K. Total assets have grown from $201K in 2011 to $2.4M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. 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, Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund has made 4 grants totaling $435K, with a median grant of $120K. Annual giving has decreased from $135K in 2020 to $60K in 2023. Grantmaking activity was highest in 2022 with $240K distributed across 2 grants. Individual grants have ranged from $60K to $135K, with an average award of $109K. Grant recipients are concentrated in Iowa. 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.
Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IA.
Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund has distributed a total of $435K across 4 grants. The median grant size is $120K, with an average of $109K. Individual grants have ranged from $60K to $135K.
Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Valentine Hammes Family & Leopold Mannes Brown Scholarship Fund is headquartered in MADISON, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $40K | $0 | $40K |
Total Giving
$114K
Total Assets
$2.4M
Fair Market Value
$2.9M
Net Worth
$2.4M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$79K
Distribution Amount
$134K
Total Grants
4
Total Giving
$435K
Average Grant
$109K
Median Grant
$120K
Unique Recipients
1
Most Common Grant
$120K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iowa State UniversitySCHOLARSHIPS | Ames, IA | $60K | 2023 |