EIN 41-6025661

J.A. Wedum Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1963
Most recent tax filings
2022-12-01
NTEE code, primary
Description
To develop and utilize the resources of foundation to positively change and improve people’s lives in the spirit of stewardship and generosity exemplified by John A. Wedum, the grandfather, and carried forwards by John A. Wedum, the grandson.
Total revenues
$28,181,017
2022
Total expenses
$26,608,240
2022
Total assets
$150,939,494
2022
Num. employees
2
2022

Program areas at J.A. Wedum Foundation

Quality housing for seniors, provides education support to future generations and impacts communities through their charitable giving.
Support, manage and maintain senior housing.
Support, manage and maintain senior housing.
Support, manage and maintain senior housing.

Grants made by J.A. Wedum Foundation

GranteeGrant descriptionAmount
University of Minnesota Foundation (UMF)Scholarships$118,500
Fergus Area College FoundationScholarships$65,000
Alexandria Technical and Community College FoundationGeneral Operating$50,000
...and 55 more grants made totalling $605,250

Personnel at J.A. Wedum Foundation

NameTitleCompensation
Jay J. PortzPresident$362,964
Kellie TeschDirector of Accounting$186,747

Financials for J.A. Wedum Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$924,896
Net rental income$75,000
Net gain from sale of non-inventory assets$-1,367,461
Gross sales of inventory$0
Miscellaneous revenues$28,548,582
Total revenues$28,181,017

Form 990s for J.A. Wedum Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-31990PFView PDF
2021-122022-11-11990PFView PDF
2020-122023-10-26990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-11990PFView PDF
...and 8 more Form 990s
Data update history
January 29, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 28, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
2 Carlson Pkwy N 335
Plymouth, MN 55447
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
wedum.org/ 
Phone
(612) 789-3363
IRS details
EIN
41-6025661
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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