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Filing year 2024

WELK FAMILY FOUNDATION

Aberdeen, South Dakota·EIN 36-3579562·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$272k
Total assets
$2.7M
Total expenses
$228k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Dakota.

Trustee
Board Member
Median to 75th percentile
$26k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WELK FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$188k

Itemized grants

36

Median grant

$1k

RecipientLocationPurposeAmount
Tekakwitha Living CenterSisseton, SDUpdate rooms with new flooring and window treatments.$93k
Emmanuel United Church of ChristHankinson, NDImprove the church's handicap accessibility and parking issues.$15k
Roberts County Rescue IncSisseton, SDPurchase 4 sets of bunker gear.$14k
Sisseton Volunteer Fire DepartmentSisseton, SDPurchase 4 sets of bunker gear.$14k
Coteau Des Prairies HospitalSisseton, SDLeadership development trainings.$3k
Community Transit IncSisseton, SDSupport for the rural transportation agency that is available for all residents in Northeast South Dakota$3k
Greater Sisseton Initiative IncSisseton, SDGym renovation.$3k
Sisseton Memorial LibrarySisseton, SDTo support summer reading.$3k
Sisseton Youth Baseball AssociationSisseton, SDHelp with the renovation and construction costs for the older baseball field.$3k
Browns Valley Health Center IncBrowns Valley, MNPurchase lounge chairs for residents.$1k
Buffalo Lake Lutheran ChurchSisseton, SDLandscaping$1k
Emanuel Lutheran ChurchSisseton, SDTo install acoustic ceiling panels.$1k
Faith Lutheran ChurchNew Effington, SDUpgrade the sanctuary sound system.$1k
Family Life Assembly of GodSisseton, SDFinish repair of lower level of church and install new flooring and furniture.$1k
First Presbyterian ChurchSisseton, SDInstall additional drain tile and re-route water from building.$1k
Grace Lutheran ChurchSisseton, SDReplace doors for north entrance.$1k
New Effington Volunteer Fire DepartmentNew Effington, SDPurchase SCBA breathing equipment.$1k
Roberts County 4-H Leaders AssociationSisseton, SDGeneral operating support to provide leadership and development opportunities for youth.$1k
Roberts County 4-H Shooting SportsSisseton, SDShooting sports to teach youth safety, discipline, technique, and sportsmanship through the mentored use of shooting equipment.$1k
St Kateri Tekakwitha ParishSisseton, SDElectrical safety project.$1k
St Peters Parish of Roberts CountySisseton, SDShingle project and general operations.$1k
Stavig House MuseumSisseton, SDPurchase and install new furnace.$1k
The Church of St AnthonyBrowns Valley, MNTo update current bathrooms.$1k
United Methodist Presbyterian ChurchBrowns Valley, MNApshalt maintenance on parking lot.$1k
Zion Lutheran (LCMS) ChurchNew Effington, SDReplace carpet.$1k
Compare this foundation's grantees

Up 4%
from 2023

From $25k in 2023 to $26k in 2024.

$25k
2023
$26k
2024
In today's dollarsEst.
Up 1% in real terms$28k to $28k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 4% from 2023 to 2024, while revenue rose 49%.

$25k in 2023 to $26k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WELK FAMILY FOUNDATION

What does the Board Member of WELK FAMILY FOUNDATION earn?

In 2024, the Board Member of WELK FAMILY FOUNDATION received $26,360 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WELK FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, the 2024 pay of the Board Member at WELK FAMILY FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at WELK FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WELK FAMILY FOUNDATION's revenue and expenses?

In 2024, WELK FAMILY FOUNDATION reported $272k in total revenue and $228k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.