Korupp & Waelti Scholarship Fund

Milwaukee, WI
Tax-exempt since March 1977
EIN: 39-6291034

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$5,820

Expenses

$7,925

Net Income

-$2,105

Net Assets

$123,685

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,844	83.2%
Sales of Assets	$972	16.7%
Other Income	$4	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,731	72.3%
Compensation of Officers*	$2,314	29.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$123,685
Total Liabilities	$0
Net Assets	$123,685

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,314	$0

990-PF

Filed on May 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2023

Revenue

$5,344

Expenses

$11,247

Net Income

-$5,903

Net Assets

$125,790

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,526	84.7%
Sales of Assets	$702	13.1%
Other Income	$116	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,215	81.9%
Compensation of Officers*	$2,148	19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$125,790
Total Liabilities	$0
Net Assets	$125,790

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,148	$0

990-PF

Filed on May 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$5,155

Expenses

$9,270

Net Income

-$4,115

Net Assets

$131,692

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,508	68.1%
Sales of Assets	$1,643	31.9%
Other Income	$4	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,962	75.1%
Compensation of Officers*	$2,121	22.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$131,692
Total Liabilities	$0
Net Assets	$131,692

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,121	$0

990-PF

Filed on May 8, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$16,513

Expenses

$9,281

Net Income

$7,232

Net Assets

$135,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,455	20.9%
Sales of Assets	$13,058	79.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,037	75.8%
Compensation of Officers*	$2,374	25.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$135,808
Total Liabilities	$0
Net Assets	$135,808

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,374	$0

990-PF

Filed on May 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$5,874

Expenses

$10,054

Net Income

-$4,180

Net Assets

$128,575

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,990	50.9%
Sales of Assets	$2,884	49.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,107	80.6%
Compensation of Officers*	$2,073	20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$128,576
Total Liabilities	$1
Net Assets	$128,575

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,073	$0

990-PF

Filed on May 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$5,775

Expenses

$9,390

Net Income

-$3,615

Net Assets

$132,757

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,832	66.4%
Sales of Assets	$1,943	33.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,361	78.4%
Compensation of Officers*	$2,108	22.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$132,758
Total Liabilities	$1
Net Assets	$132,757

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$2,108	$0

990-PF

Filed on May 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$7,050

Expenses

$9,125

Net Income

-$2,075

Net Assets

$136,394

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,677	52.2%
Sales of Assets	$3,373	47.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,003	76.7%
Compensation of Officers*	$2,202	24.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$136,394
Total Liabilities	$0
Net Assets	$136,394

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,202	$0

990-PF

Filed on May 2, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$3,471

Expenses

$5,652

Net Income

-$2,181

Net Assets

$138,470

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,432	98.9%
Sales of Assets	$39	1.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,721	65.8%
Compensation of Officers*	$2,052	36.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$138,470
Total Liabilities	$0
Net Assets	$138,470

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,052	$0

990-PF

Filed on April 21, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$3,313

Expenses

$7,392

Net Income

-$4,079

Net Assets

$140,487

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,048	92.0%
Sales of Assets	-$211
Other Income	$476	14.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,535	74.9%
Compensation of Officers*	$2,000	27.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$140,487
Total Liabilities	$0
Net Assets	$140,487

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,000	$0

990-PF

Filed on May 8, 2017

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$3,582

Expenses

$6,574

Net Income

-$2,992

Net Assets

$144,581

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,144	87.8%
Sales of Assets	$438	12.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,375	66.6%
Compensation of Officers*	$2,000	30.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$144,581
Total Liabilities	$0
Net Assets	$144,581

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,000	$0

990-PF

Filed on May 11, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$14,512

Expenses

$7,714

Net Income

$6,798

Net Assets

$147,565

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,175	21.9%
Sales of Assets	$11,337	78.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,552	72.0%
Compensation of Officers*	$2,017	26.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$147,565
Total Liabilities	$0
Net Assets	$147,565

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,017	$0

990-PF

Filed on May 12, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$10,549

Expenses

$7,627

Net Income

$2,922

Net Assets

$141,012

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,758	35.6%
Sales of Assets	$6,791	64.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,950	78.0%
Compensation of Officers*	$2,000	26.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$141,012
Total Liabilities	$0
Net Assets	$141,012

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$2,000	$0

990-PF

Filed on Aug. 10, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$1,110

Expenses

$9,711

Net Income

-$8,601

Net Assets

$137,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,966	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,150	73.6%
Compensation of Officers*	$2,000	20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$137,701
Total Liabilities	$1
Net Assets	$137,700

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$25,548

Expenses

$8,932

Net Income

$16,616

Net Assets

$146,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,289	12.9%
Sales of Assets	$22,259	87.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,954	77.9%
Compensation of Officers*	$2,033	22.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$146,302
Total Liabilities	$1
Net Assets	$146,301

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Korupp & Waelti Scholarship Fund

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001