VEIT Foundation
EIN 411948093 Private Foundation
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2019–2023
$459K
19 grants · $92K avg/year
based on 5 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$6K
typical small grants · $4K–$22K
grant size
29%
balanced · 4/14 multi-year
repeat
$16.1M
Assets (2023)
14
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Contact Person
JANICE NICHOLAS
Phone
(612) 499-2794
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | $6K | $15.9M | $1.5M | 1 |
| 2020 | $135K | $16.4M | $1.2M | 4 |
| 2022 | $170K | $15.6M | $1.3M | 6 |
| 2023 | $148K | $16.1M | $1.5M | 8 |
Grant Size Distribution
Based on 19 grants on record
Minimum
$500
25th Pctl
$4K
Median
$6K
Average
$24K
75th Pctl
$22K
Maximum
$107K
Geographic Distribution
Texas Counties Served
5.6% of US grants
· Rank #3 of 3 states
$100K across
1 grant
1 of 254 counties
Top 1 counties
- 1 Williamson
Officers & Directors
Grants Awarded (19 total)
| Purpose | ||||
|---|---|---|---|---|
| Promesa Educativa PARA Mexico a C | Chihuahua, None | $107,178 | YOUTH EDUCATION PROGRAMS, ROD RUN | 2023 |
| Pease Community Foundation | Minneapolis, MN | $100,000 | AFTER SCHOOL PROGRAM | 2022 |
| Yellow House Foundation | Cedar Park, TX | $100,000 | GENERAL SUPPORT | 2020 |
| Change the Outcome | Chanhassen, MN | $50,000 | GENERAL SUPPORT | 2022 |
| Pease Community Foundation | Minneapolis, MN | $25,000 | AFTER SCHOOL PROGRAM | 2023 |
| Change the Outcome | Chanhassen, MN | $20,000 | GENERAL SUPPORT | 2020 |
| STMA Breakfast Club | Albertville, MN | $10,000 | GENERAL SUPPORT | 2020 |
| Motorhead Maddness | Buffalo, MN | $7,500 | SPONSORSHIP | 2022 |
| Motorhead Maddness | Buffalo, MN | $7,500 | SPONSORSHIP | 2023 |
| Janice Nicholas | Aitkin, MN | $6,000 | SENIOR CITIZEN HARDSHIP GRANT | 2019 |
| Motorhead Maddness | Buffalo, MN | $5,944 | SPONSORSHIP | 2022 |
| Monticello High School | Monticello, MN | $5,000 | ALL NIGHT GRADUATION PARTY | 2020 |
| Gopher State Timing Association | Brooklyn Park, MN | $3,500 | SPONSORSHIP | 2022 |
| Maple Lake Chamber of Commerce | Maple Lake, MN | $3,500 | SPONSORSHIP | 2022 |
| Maple Lake Chamber of Commerce | Maple Lake, MN | $3,500 | SPONSORSHIP OF GEARHEAD GET TOGETHER SHOW | 2023 |
| Buffalo Area Timber Bay | Buffalo, MN | $3,000 | YOUTH TRUCK PROJECT | 2023 |
| Jason Stadstad Youth Boosters | Grand Forks, ND | $500 | RYDELL CAR SHOW | 2023 |
| Scavengers Auto Club | Maple Grove, MN | $500 | YOUTH BUILDER PROGRAM | 2023 |
| Coldspring Street Machines | Cold Spring, MN | $500 | YOUTH BUILDER PROGRAM | 2023 |
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