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Wurtele Foundation is a private trust based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2017. The principal officer is David E Drew. It holds total assets of $211K. Annual income is reported at $6M. Total assets have decreased from $336K in 2019 to $211K in 2024. The foundation is governed by 1 officer or trustee. 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 2017 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Wurtele Foundation has made 25 grants totaling $27M, with a median grant of $250K. Annual giving has grown from $1.3M in 2021 to $10.6M in 2023. Grantmaking activity was highest in 2022 with $15.2M distributed across 14 grants. Individual grants have ranged from $30K to $4M, with an average award of $1.1M. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Minnesota and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$30K
Median Grant
$250K
Average Grant
$427K
Largest Grant
$1M
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.
Wurtele Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MN, MA.
Wurtele Foundation has distributed a total of $27M across 25 grants. The median grant size is $250K, with an average of $1.1M. Individual grants have ranged from $30K to $4M.
Wurtele Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wurtele Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Wurtele | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$211K
Fair Market Value
N/A
Net Worth
$211K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
25
Total Giving
$27M
Average Grant
$1.1M
Median Grant
$250K
Unique Recipients
8
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Minnesota OperaGENERAL OPERATIONS OF THE ORGANIZATION | Minneapolis, MN | $4M | 2023 |
| Minnesota OrchestraGENERAL OPERATIONS OF THE ORGANIZATION | Minneapolis, MN | $2.5M | 2023 |
| Smith CollegeGENERAL OPERATIONS OF THE ORGANIZATION | Northampton, MA | $2M | 2023 |
| The Arts PartnershipGENERAL OPERATIONS OF THE ORGANIZATION | St Paul, MN | $1M | 2023 |
| Episcopal House Of PrayerGENERAL OPERATIONS OF THE ORGANIZATION | Collegeville, MN | $550K | 2023 |
| Macphail Center For MusicGENERAL OPERATIONS OF THE ORGANIZATION | Minneapolis, MN | $250K | 2023 |
| Greater Twin Cities United WayGENERAL OPERATIONS OF THE ORGANIZATION | Minneapolis, MN | $250K | 2023 |
| The Loft Literary CenterGENERAL OPERATIONS OF THE ORGANIZATION | Minneapolis, MN | $30K | 2023 |