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Waffensmith Family Omnitool Fund is a private corporation based in GOLDEN VALLEY, MN. The foundation received its IRS ruling in 2022. The principal officer is Walter Waffensmith. It holds total assets of $6K. Annual income is reported at $42K. Total assets have decreased from $55K in 2021 to $6K in 2024. The foundation is governed by 3 officers and trustees. Organizations exempt status became effective 12/2/2021 therefore charitable activities were started in 2021. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Waffensmith Family Omnitool Fund has made 9 grants totaling $81K, with a median grant of $10K. The foundation has distributed between $40K and $41K annually from 2022 to 2023. Individual grants have ranged from $1K to $20K, with an average award of $9K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Minnesota and New York and North Dakota. Contributions to this foundation are tax-deductible.
Organizations exempt status became effective 12/2/2021 therefore charitable activities were started in 2021
Tecnical school scholarship grants
Expenses: $20K
Organizations exempt status became effective 12/2/2021 therefore charitable activities were started in 2021. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MN, NY, ND.
Waffensmith Family Omnitool Fund has distributed a total of $81K across 9 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $1K to $20K.
Waffensmith Family Omnitool Fund typically selects its grantees rather than accepting unsolicited proposals.
Waffensmith Family Omnitool Fund is headquartered in GOLDEN VALLEY, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter Waffensmith | President Treasurer | $0 | $0 | N/A |
| Connie Waffensmith | Vice President | $0 | $0 | N/A |
| Jennifer Waffensmith | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6K
Fair Market Value
N/A
Net Worth
$6K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$81K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| DunwoodyScholarships | Minneapolis, MN | $12K | 2023 |
| Alexandria Tech FoundationSCholarships | New York, NY | $12K | 2023 |
| MpmaScholarships | Brooklyn Park, MN | $10K | 2023 |
| Anoka Tech CollegeScholarships | Anoka, MN | $2K | 2023 |
| NdsuScholarship | Fargo, ND | $2K | 2023 |
| Saint Cloud UniversityScholarship | Saint Cloud, MN | $2K | 2023 |
| Minnesota SoutheastScholarship | Red Wing, MN | $1K | 2023 |
| Dunwoody College Of TechnologyScholarships for 4 Student | Minneapolis, MN | $20K | 2022 |