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Filing year 2023

VEIT FOUNDATION

Buffalo, Minnesota·EIN 41-1948093·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.5M
Total assets
$16.1M
Total expenses
$811k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. VEIT FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Ceo, Treasurer
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$148k

Itemized grants

8

Median grant

$3k

RecipientLocationPurposeAmount
PROMESA EDUCATIVA PARA MEXICO A CMXYOUTH EDUCATION PROGRAMS, ROD RUN$107k
PEASE COMMUNITY FOUNDATIONMINNEAPOLIS, MNAFTER SCHOOL PROGRAM$25k
MOTORHEAD MADDNESSBUFFALO, MNSPONSORSHIP$8k
MAPLE LAKE CHAMBER OF COMMERCEMAPLE LAKE, MNSPONSORSHIP OF GEARHEAD GET TOGETHER SHOW$4k
BUFFALO AREA TIMBER BAYBUFFALO, MNYOUTH TRUCK PROJECT$3k
JASON STADSTAD YOUTH BOOSTERSGRAND FORKS, NDRYDELL CAR SHOW$500
SCAVENGERS AUTO CLUBMAPLE GROVE, MNYOUTH BUILDER PROGRAM$500
COLDSPRING STREET MACHINESCOLD SPRING, MNYOUTH BUILDER PROGRAM$500
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Minnesota

VEIT FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Minnesota earns a median of $53,332.

25th percentile
$21k
Median
$53,332
75th percentile
$91k
90th percentile
$147k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 462 organizations across 462 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Minnesota
FAQ

Common questions about VEIT FOUNDATION

What are VEIT FOUNDATION's revenue and expenses?

In 2023, VEIT FOUNDATION reported $1.5M in total revenue and $811k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.