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Minnesota · Nonprofit

VELIE REAL ESTATE FOUNDATION

VELIE REAL ESTATE FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $35,000 to it, the largest being MITHUN FAMILY FOUNDATION ($35,000). 1 of them have funded it in more than one year.

Revenue FY2020
$46k
Funders on record
1
Grants received
$35k
Net assets
$26k
1/1 repeat funderspeak grant-dependency 55%
01What it does

What Velie Real Estate Foundation does

Mission

The organization is dedicated to disaster and hardship relief, with a current local focus on helping people in the twin cities area who have suffered from job loss and diminished income, by providing short-term payment of mortgages, rents and utilities related to home and real estate expenses.

As stated on its FY2020 Form 990.

Program

Disaster and hardship relief, with a current focus of providing short-term payment of mortgages, rent and utilities for individuals that have had dimished income due to the covid-19 pandemic.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $25k → $10k.

Funder
'20
'21
total
funders
1
1

From the IRS filings of VELIE REAL ESTATE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of VELIE REAL ESTATE FOUNDATION's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’20
’21
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

VELIE REAL ESTATE FOUNDATION runs a healthier operating margin than three-quarters of the 2,944 public safety & disaster nonprofits its size.

Operating margin57% · top quartile
Months of reserve16.2mo · below the median

this organization peer median middle 50% of peers· 2,944 public safety & disaster nonprofits under $100k, FY2020

Organizations like VELIE REAL ESTATE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for VELIE REAL ESTATE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VELIE REAL ESTATE FOUNDATION?
VELIE REAL ESTATE FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $35,000 to it, the largest being MITHUN FAMILY FOUNDATION ($35,000). 1 of them have funded it in more than one year.
How many funders does VELIE REAL ESTATE FOUNDATION have?
IRS filings report 1 organization giving $35,000 in grants to VELIE REAL ESTATE FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of VELIE REAL ESTATE FOUNDATION?
MITHUN FAMILY FOUNDATION is the largest funder on record, with $35,000 in grants. The full list of funders is on this page.
How can an organization like VELIE REAL ESTATE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Velie Real Estate →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2020 (financials across 2020–2020), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing