The history of our funding:
In 1987, the New Ulm Area Foundation (NUAF) 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 Somsen Fund is part of the family of funds within the New Ulm Area Foundation
In 1991 Mickelson Media wanted to encourage the idea of “community funds” and made a major donation to create the Bill Macklin Fund. This funds was meant to honor and foster Mr. Macklin’s devotion to community service. In Mr. Macklin’s own words;
“We arrive at a community of our choice, being on the receiving end of those who have gone before. It is our duty to do more than simply earn a living and raise a family. It is our duty to contribute our time and energy to make improvements to what we found.”
The Macklin Fund is part of the family of funds within the New Ulm Area Foundation.
In 2012 NU-Telecom, Inc. reached its goal of donating $100,000 to create its own “named fund.” NU-Telecom has been a long standing community partner. This endowment fund will allow their commitment to go on into infinity. The NU-Telecom Fund is part of the family of funds within the New Ulm Area Foundation.
In addition to these three funds, the NUAF holds funds in a general endowment fund, a scholarship fund and an operations fund.