Oldfather Foundation Tr
- Assets
- $853.7k
- Revenue
- $21.2k
- Investments
- $837.0k
- Employees
- 0
- Location
- Kearney, NE
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 27-6972352
Organization Overview
Oldfather Foundation Tr is located in Kearney, NE. The organization was established in 2013. 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. Oldfather Foundation Tr 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 12/2022, Oldfather Foundation Tr generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $88.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oldfather Foundation Tr has awarded 79 individual grants totaling $439,780. 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 |
|---|---|---|---|
David H Oldfather Co-Trustee | 2 | $0 | |
Jane O Light Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $138 |
| Dividends & Interest | $18,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,557 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $646 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,286 |
| Contributions, gifts, grants paid | $73,500 |
| Total expenses and disbursements | $88,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,980 |
| Net Accounts receivable | $714 |
| 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 | $411,140 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $853,704 |
| 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, Oldfather Foundation Tr has awarded $73,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
LIGHTHOUSE PURPOSE: GENERAL FUND OPERATIONS | $15,000 |
KEARNEY CATHOLIC HS FOUNDATION PURPOSE: GENERAL FUND OPERATIONS | $7,500 |
BUFFALO COUNTY COMMUNITY PTR PURPOSE: GENERAL FUND OPERATIONS | $3,000 |
HELPCARE CLINIC PURPOSE: GENERAL FUND OPERATIONS | $2,000 |
NE STATE HISTORICAL SOCIETY FOUNDAT PURPOSE: GENERAL FUND OPERATIONS | $3,000 |
KEARNEY PUBLIC LIBRARY FOUNDATION PURPOSE: GENERAL FUND OPEATIONS | $2,500 |