The Clifton Foundation
- Assets
- $10.6m
- Revenue
- $10.2m
- Investments
- $454.0k
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 40-0002257
Organization Overview
The Clifton Foundation is located in Lincoln, NE. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Clifton 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 12/2022, Clifton Foundation generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $525.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE REFER TO ENCLOSED STATEMENT A.
PLEASE REFER TO ENCLOSED STATEMENT A.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary C Reckmeyer Chairman/treasurer | 0 | $0 | |
Connie A Rath President | 0 | $81,360 | |
Jane E Miller Secretary | 0 | $0 | |
James Clifton Director | 0 | $0 | |
Mary C Reckmeyer Chairman/treasurer | 0 | $0 | |
Connie A Rath President | 0 | $81,360 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,240,228 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,240,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,360 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3 |
| Taxes | $5,285 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,211 |
| Total operating and administrative expenses | $150,084 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $525,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $868,722 |
| 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 | $9,230,228 |
| Total assets | $10,552,973 |
| Accounts payable and accrued expenses | $6,939 |
| 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 | $6,939 |
Grants Awarded
Over the last fiscal year, The Clifton Foundation has awarded $1,156,522 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: TO SUPPORT THE DON CLIFTON STRENGTHS INSTITUTE AND COLLEGE BUILDERS PROGRAM THROUGH A LONG-TERM PARTNERSHIP WITH UNIVERSITY OF NEBRASKA-LINCOLN COLLEGE OF BUSINESS ADMINISTRATION. | $1,125,000 |
STRENGTHS ACADEMY PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION | $31,522 |