Donald E Nielsen Foundation Inc
- Assets
- $19.6m
- Revenue
- -$189.7k
- Investments
- $19.4m
- Employees
- 0
- Location
- Oakland, NE
- Founding
- 08/2006
- Data as of
- 08/2023
- EIN
- 20-2629290
Organization Overview
Donald E Nielsen Foundation Inc is located in Oakland, NE. The organization was established in 2006. 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. Donald E Nielsen Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Donald E Nielsen Foundation Inc has awarded 124 individual grants totaling $10,045,590. 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 |
|---|---|---|---|
Clarence Mock Director/president | 5 | $31,500 | |
Sara A Neilson Director/vp | 1 | $5,000 | |
Jeff Baldwin Director/sec/treasur | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78,190 |
| Dividends & Interest | $646,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$914,049 |
| Capital Gain Net Income | $17,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$189,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $46,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $237 |
| Other expenses | $45 |
| Total operating and administrative expenses | $158,222 |
| Contributions, gifts, grants paid | $1,340,500 |
| Total expenses and disbursements | $1,498,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,197 |
| 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 | $1,564 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,604,858 |
| 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, Donald E Nielsen Foundation Inc has awarded $1,340,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WEST POINT NE PURPOSE: GENERAL SUPPORT | $500,000 |
LOGAN VIEW PUBLIC SCHOOLS PURPOSE: GENERAL SUPPORT | $75,000 |
CATTLEMEN'S BALL OF NEBRASKA INC PURPOSE: GENERAL SUPPORT | $25,000 |
THURSTON VOLUNTEER FIRE AND RESCUE PURPOSE: GENERAL SUPPORT | $100,000 |
RELAY FOR LIFE PURPOSE: GENERAL SUPPORT | $1,500 |
BANCROFT RURAL VOL FIRE AND RESCUE DEPT PURPOSE: GENERAL SUPPORT | $120,000 |