The Lee And Mary Volkmer Family Foundation
- Assets
- $3.3m
- Revenue
- $1.1m
- Investments
- $3.3m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-3937168
Organization Overview
The Lee And Mary Volkmer Family Foundation is located in Lincoln, NE. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lee And Mary Volkmer Family 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, Lee And Mary Volkmer Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $329.9k during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 6 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 2015, Lee And Mary Volkmer Family Foundation has awarded 122 individual grants totaling $1,132,000. 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 |
|---|---|---|---|
Lee M Volkmer Secretary/treasurer | 1 | $0 | |
Mary Volkmer President | 1 | $0 | |
Michael G Volkmer Director | 1 | $0 | |
Jill T Edstrand Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $807,150 |
| Interest on Savings | $6 |
| Dividends & Interest | $76,906 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $242,228 |
| Capital Gain Net Income | $335,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,126,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,946 |
| Contributions, gifts, grants paid | $314,000 |
| Total expenses and disbursements | $329,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,130 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,343,816 |
| 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, The Lee And Mary Volkmer Family Foundation has awarded $314,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, NE PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION $15,000; TO SUPPORT THE GIANNA HOUSE $15,000. | $30,000 |
FOOD BANK OF LINCOLN PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION | $20,000 |
Lincoln, NE PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION | $20,000 |
ST TERESA'S CATHOLIC SCHOOL PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION | $15,000 |
CUES PURPOSE: TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION | $15,000 |
TABITHA HEALTH CARE SERVICES PURPOSE: TO SUPPORT MEALS ON WHEELS PROGRAM OF THE ORGANIZATION | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Lee And Mary Volkmer Family Foundation has recieved totaling $103,497.
| Awarding Organization | Amount |
|---|---|
Lincoln Community Foundation Inc Lincoln, NE PURPOSE: GENERAL PURPOSES | $34,499 |
Lincoln Community Foundation Inc Lincoln, NE PURPOSE: GENERAL PURPOSES | $34,499 |
Lincoln Community Foundation Inc Lincoln, NE PURPOSE: GENERAL PURPOSES | $34,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
Centene Charitable Foundation St Louis, MO | $259,102,242 | $5,821,965 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
Marion And Henry Bloch Family Foundation Kansas City, MO | $681,063,537 | $103,373,855 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |