Wm A & Norma Nelson Foundation
- Assets
- $244.7k
- Revenue
- $22.0k
- Investments
- $241.1k
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 10/2006
- Data as of
- 06/2024
- EIN
- 20-5450114
Organization Overview
Wm A & Norma Nelson Foundation is located in Omaha, 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. Wm A & Norma Nelson 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 06/2024, Wm A & Norma Nelson Foundation generated $22.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $22.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wm A & Norma Nelson Foundation has awarded 59 individual grants totaling $160,000. 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 |
|---|---|---|---|
Catherine A Nelson President/treasurer | 1 | $0 | |
Mary J Tollefson Secretary | 1 | $0 | |
Clark D Nelson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,010 |
| Capital Gain Net Income | $14,010 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$1 |
| Total operating and administrative expenses | $7,736 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $22,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,634 |
| 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 | $244,744 |
| 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, Wm A & Norma Nelson Foundation has awarded $15,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MILLARD PUBLIC SCHOOLS FOUNDATION PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $5,000 |
NEBRASKA PUBLIC MEDIA PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $1,000 |
UNIVERSITY OF WISCONSIN-LA CROSSE FOUNDATION PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $3,500 |
THE FOOD BANK FOR THE HEARTLAND PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $3,500 |
LUTHERAN FAMILY SERVICES PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $1,500 |
NEBRASKA WOMEN'S AMATEUR GOLF ASSOCIATION PURPOSE: CHARITABLE AND EDUCATIONAL CAUSES | $500 |