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William & Betty Andres Foundation is a private corporation based in MEDINA, MN. The foundation received its IRS ruling in 1996. The principal officer is Richard Andres. It holds total assets of $536K. Annual income is reported at $38K. Total assets have decreased from $1.1M in 2011 to $528K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and Iowa. According to available records, William & Betty Andres Foundation has made 8 grants totaling $1.5M, with a median grant of $53K. Annual giving has grown from $315K in 2020 to $1M in 2023. Individual grants have ranged from $5K to $1M, with an average award of $191K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Iowa and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$105K
Largest Grant
$305K
Based on 3 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.
William & Betty Andres Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IA, MN.
William & Betty Andres Foundation has distributed a total of $1.5M across 8 grants. The median grant size is $53K, with an average of $191K. Individual grants have ranged from $5K to $1M.
William & Betty Andres Foundation typically selects its grantees rather than accepting unsolicited proposals.
William & Betty Andres Foundation is headquartered in MEDINA, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Andres | PRESIDENT | $0 | $0 | N/A |
| Emily Andres | DIRECTOR | $0 | $0 | N/A |
| Bradley Andres | DIRECTOR | $0 | $0 | N/A |
| Christine Andres | SECRETARY T | $0 | $0 | N/A |
| Steven Andres | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$528K
Fair Market Value
$753K
Net Worth
$528K
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$289K
Distribution Amount
$62K
Total: $516K
Total Grants
8
Total Giving
$1.5M
Average Grant
$191K
Median Grant
$53K
Unique Recipients
3
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Upper Iowa UniversityGENERAL | Fayette, IA | $1M | 2023 |
| Ymca Camp WarrenGENERAL | Minneapolis, MN | $5K | 2022 |
| Macalaster CollegeGENERAL | St Paul, MN | $5K | 2020 |