Mutual Of Omaha Foundation
- Assets
- $120.9m
- Revenue
- $13.4m
- Investments
- $118.1m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 20-2176636
Organization Overview
Mutual Of Omaha Foundation is located in Omaha, NE. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mutual Of Omaha Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mutual Of Omaha Foundation generated $13.4m in total revenue. All expenses for the organization totaled $6.3m during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Mutual Of Omaha Foundation has awarded 156 individual grants totaling $5,861,470. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail A Graeve President/secretary/director | 20 | $0 | |
Michael A Lechtenberger Vice-President/director | 0.5 | $0 | |
Richard R Hrabchak Director | 0.5 | $0 | |
Shonna Dorsey Eff 112021 Director | 0.5 | $0 | |
Brad Buechler Director | 0.5 | $0 | |
Elizabeth A Mazzotta Treasurer/director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,261 |
| Dividends & Interest | $569,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,796,340 |
| Capital Gain Net Income | $13,169,632 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $928 |
| Total Revenue | $13,368,524 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $181,868 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $193 |
| Total operating and administrative expenses | $458,958 |
| Contributions, gifts, grants paid | $5,861,470 |
| Total expenses and disbursements | $6,320,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,724,058 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $102,108,733 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $43,804 |
| Total assets | $120,899,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mutual Of Omaha Foundation has awarded $5,861,470 in support to 156 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: CAPITAL SUPPORT | $500,000 |
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: CAPITAL SUPPORT | $500,000 |
Omaha, NE PURPOSE: CAPITAL SUPPORT | $250,000 |
CREIGHTON UNIVERSITY PURPOSE: CAPITAL SUPPORT | $250,000 |
Winnebago, NE PURPOSE: CAPITAL SUPPORT | $250,000 |
Omaha, NE PURPOSE: GENERAL SUPPORT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |