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Welk Family Foundation is a private trust based in ABERDEEN, SD. The foundation received its IRS ruling in 1988. The principal officer is Dacotah Bank. It holds total assets of $2.7M. Annual income is reported at $796K. The foundation is governed by 6 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in South Dakota and Minnesota. According to available records, Welk Family Foundation has made 115 grants totaling $750K, with a median grant of $1K. Annual giving has grown from $170K in 2020 to $398K in 2022. Individual grants have ranged from $261 to $65K, with an average award of $7K. The foundation has supported 36 unique organizations. Grants have been distributed to organizations in South Dakota and North Dakota and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$8K
Largest Grant
$65K
Based on 22 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.
Welk Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 115 grants. Its grantmaking reaches organizations primarily in SD, ND, MN.
Welk Family Foundation has distributed a total of $750K across 115 grants. The median grant size is $1K, with an average of $7K. Individual grants have ranged from $261 to $65K.
Welk Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (363579562) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Welk Family Foundation is headquartered in ABERDEEN, SD. While based in SD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dacotah Bank | Trustee | $25K | $0 | $25K |
| June Helgeson | Advisor | $0 | $0 | N/A |
| Kaye Cahill | Advisor | $0 | $0 | N/A |
| Royce Grimsrud | Advisor | $0 | $0 | N/A |
| Mark Pistorius | Advisor | $0 | $0 | N/A |
| Pat Dady | Advisor | $0 | $0 | N/A |
Total Giving
$220K
Total Assets
$2.7M
Fair Market Value
$4.4M
Net Worth
$2.7M
Grants Paid
$180K
Contributions
N/A
Net Investment Income
$167K
Distribution Amount
$210K
Total: $1.4M
Total Grants
115
Total Giving
$750K
Average Grant
$7K
Median Grant
$1K
Unique Recipients
36
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchReplace kitchen linoleum and repair gutters. | Sisseton, SD | $1K | 2022 |
| Coteau Des Prairies HospitalReplace A/C unit, worn flooring, and furnishings in the north wing patient care area. | Sisseton, SD | $61K | 2022 |
| Tekakwitha Living CenterUpdate to an energy-efficient colling system. | Sisseton, SD | $51K | 2022 |
| Roberts County 4-H Community CenterPurchase and install sound panels in the building. | Sisseton, SD | $20K | 2022 |
| Emmanuel United Church Of ChristRepaid and maintenance of geothermal heating/cooling system and general operating expenses. | Hankinson, ND | $12K | 2022 |
| Roberts County Rescue IncPurchase an enclosed trailer to haul the Polaris side by side and John Deer Gator. | Sisseton, SD | $7K | 2022 |
| Sisseton Volunteer Fire DepartmentPurchase an enclosed trailer to haul the Polaris side by side and John Deer Gator. | Sisseton, SD | $7K | 2022 |
| Sisseton Memorial LibrarySecurity Camera System Upgrade. | Sisseton, SD | $6K | 2022 |
| Sisseton Youth Baseball AssociationBaseball field renovation. New sod and irrigation for the main field. | Sisseton, SD | $3K | 2022 |
| Community Transit IncSupport for the rural transportation agency that is available for all residents in Northeast South Dakota | Sisseton, SD | $2K | 2022 |
| Avery DespieglerScholarships | Browns Valley, MN | $2K | 2022 |
| Hailey NelsonScholarships | Browns Valley, MN | $2K | 2022 |
| Ty LangagerScholarships | Sisseton, SD | $2K | 2022 |
| Veronica RiceScholarships | Sisseton, SD | $2K | 2022 |
| Raegan JanssenScholarships | Sisseton, SD | $2K | 2022 |
| Mitchell MoenScholarships | Sisseton, SD | $2K | 2022 |
| Kasey GuyScholarships | Sisseton, SD | $2K | 2022 |
| Jay ChaudhariScholarships | Sisseton, SD | $2K | 2022 |
| Andrew KranholdScholarships | Sisseton, SD | $1K | 2022 |
| Zion Lutheran ChurchReplace shingles on roof of parsonage. | Browns Valley, MN | $1K | 2022 |
| Buffalo Lake Lutheran ChurchA handicap accessible fellowship hall addition. | Sisseton, SD | $1K | 2022 |
| United Methodist Presbyterian ChurchPurchase of a new Acer Aspire Laptop with DVD/RW drive and 15 MTh Microsoft Office 365 | Browns Valley, MN | $1K | 2022 |
| Brooklyn SwansonScholarships | Veblen, SD | $1K | 2022 |
| Grace Lutheran ChurchBasement window replacement | Sisseton, SD | $1K | 2022 |
| Emanuel Lutheran ChurchConcrete, landscaping, Sunday school wall cabinets and supplies | Sisseton, SD | $1K | 2022 |
| New Effington Volunteer Fire DepartmentPurchase hand held radios and pagers. | New Effington, SD | $1K | 2022 |
| The Church Of St AnthonySupport operating expenses and increased cost of fuel and electricity. | Browns Valley, MN | $1K | 2022 |