VEIT FOUNDATION
https://WWW.VEITAUTO.COM
$16.1M
Total Assets (2023)
$65K
Avg Yearly Giving (2019–2023)
$324K
Giving on File
(5 yrs)
(5 yrs)
15
Grants on File
$18K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
JANICE NICHOLAS
Phone
6124992794
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 | N/A | $16.4M | $1.2M | N/A |
| 2022 | $170K | $15.6M | $1.3M | 6 |
| 2023 | $148K | $16.1M | $1.5M | 8 |
Grant Size Distribution
Based on 15 grants on record
Minimum
$500
25th Pctl
$3K
Median
$6K
Average
$22K
75th Pctl
$25K
Maximum
$107K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| VAUGHN A VEIT | CEO, TREASURER | — |
| KELLY VEIT | VICE PRESIDENT | — |
| ANDY ANDERSON | DIRECTOR | — |
Grants Awarded (15 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| PROMESA EDUCATIVA PARA MEXICO A C | CHIHUAHUA | $107,178 | YOUTH EDUCATION PROGRAMS, ROD RUN | 2023 |
| PEASE COMMUNITY FOUNDATION | MINNEAPOLIS, MN | $100,000 | AFTER SCHOOL PROGRAM | 2022 |
| CHANGE THE OUTCOME | CHANHASSEN, MN | $50,000 | GENERAL SUPPORT | 2022 |
| PEASE COMMUNITY FOUNDATION | MINNEAPOLIS, MN | $25,000 | AFTER SCHOOL PROGRAM | 2023 |
| 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 |
| MAPLE LAKE CHAMBER OF COMMERCE | MAPLE LAKE, MN | $3,500 | SPONSORSHIP | 2022 |
| GOPHER STATE TIMING ASSOCIATION | BROOKLYN PARK, 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 |