The History of our Funding
Four named funds are part of the family of funds within New Ulm Area Foundation: The Somsen Fund, the Macklin Fund, the Nuvera Fund and the Dr. James & Jane Seifert Fund. In addition, the Foundation holds the Charlotte Raymond Anderson Teaching Scholarship Fund, and a general scholarship, operations and general endowment fund.
The Somsen Fund
In 1987, New Ulm Area Foundation was started with a donation from Henry Somsen, a former New Ulm attorney. He endeavored to set an example with his charitable giving and hoped to attract similar gifts from those sharing his passion for the New Ulm community and its excellent quality of life. He also started the fund to honor the memory of his wife Anne Duncan Somsen.
The Macklin Fund
In 1991, Mickelson Media wanted to encourage the idea of “community funds” and made a $100,000 donation to create the Macklin Fund. This fund was meant to honor former Journal Editor, William Macklin, and foster his devotion to community service.
The Nuvera Fund
In 2012, Nuvera, formerly NU-Telecom, reached its goal of donating $100,000 to create its own “named fund.” Nuvera has been a long-standing community partner. This endowment fund will allow their commitment to continue into infinity.
Dr. James & Jane Seifert Fund
In 2020, the Dr. James & Jane Seifert Fund was established by the Seiferts’ children with contributions totaling $210,000. Based on the strong and lifelong commitment of the elder Seiferts to New Ulm, their legacy will support a wide variety of human and civic services that will be continued into perpetuity.