Nebraska Community Foundation
- Assets
- $227.7m
- Revenue
- $20.8m
- Investments
- $88.2k
- Employees
- 56
- Location
- Lincoln, NE
- Founding
- 05/1994
- Data as of
- 06/2022
- EIN
- 47-0769903
Organization Overview
Nebraska Community Foundation is located in Lincoln, NE. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Nebraska Community Foundation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Community 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 06/2022, Nebraska Community Foundation generated $20.8m 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 (4.9%) each year. All expenses for the organization totaled $39.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nebraska Community Foundation has awarded 1,582 individual grants totaling $66,612,577. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NEBRASKA COMMUNITY FOUNDATION UNLEASHES ABUNDANT LOCAL ASSETS, INSPIRES CHARITABLE GIVING, AND CONNECTS AMBITIOUS PEOPLE TO BUILD STRONGER COMMUNITIES AND A GREATER NEBRASKA.
Describe the Organization's Program Activity:
NEBRASKA COMMUNITY FOUNDATION (NCF) IS A STATEWIDE ORGANIZATION THAT HELPS COMMUNITIES HELP THEMSELVES ENVISION AND CREATE A BETTER FUTURE. NCF WORKS WITH 1,500 VOLUNTEER LEADERS OF 253 AFFILIATED FUNDS LOCATED IN COMMUNITIES ACROSS THE STATE. NCF IS A DECENTRALIZED SYSTEM THAT EMPOWERS LOCAL LEADERSHIP, WHILE PROVIDING CENTRALIZED TECHNICAL SUPPORT AND EDUCATION. NCF TEACHES LOCAL LEADERS HOW TO RAISE THEIR OWN FUNDS AND MAKE THEIR OWN GRANTS BASED ON THEIR LOCAL DEVELOPMENT PRIORITIES. NCF PROVIDES TRAINING, STRATEGY DEVELOPMENT AND GIFT PLANNING ASSISTANCE. PROFESSIONAL STAFF MEMBERS HANDLE ALL THE FINANCIAL AND INVESTMENT MANAGEMENT, RECEIPTING, DISBURSEMENTS, TAX COMPLIANCE - RESPONSIBILITIES THAT COULD OVERWHELM LEADERS OF THE SMALL COMMUNITIES AND ORGANIZATIONS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey G Yost President And CEO | Officer | 40 | $259,495 |
Jason Kennedy Cfao | Officer | 40 | $199,273 |
Kerry Belitz COO | Officer | 40 | $146,449 |
Jim Gustafson Dir Of Advancement & Gift | 40 | $133,853 | |
Diane M Wilson Mgr Of Public/private Part | 25 | $130,956 | |
Dale Dueland Chair | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Headwaters Corporation Environmental Program Management | 6/29/22 | $2,454,685 |
Occ Builders Llc Community Center Design And Development | 6/29/22 | $1,767,758 |
Ducks Unlimited Inc Environmental Consulting | 6/29/22 | $327,354 |
Quantum Spatial Inc Aerial Photography | 6/29/22 | $256,627 |
Cook Construction Environmental Management | 6/29/22 | $263,558 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $250,358 |
| Related organizations | $0 |
| Government grants | $15,359,904 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,809,740 |
| Noncash contributions included in lines 1a–1f | $4,026,833 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,420,002 |
| Total Program Service Revenue | $2,647,275 |
| Investment income | $542,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,135 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,458 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,781,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,630,820 |
| Grants and other assistance to domestic individuals. | $488,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $777,232 |
| Compensation of current officers, directors, key employees. | $422,651 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,755,622 |
| Pension plan accruals and contributions | $58,101 |
| Other employee benefits | $232,388 |
| Payroll taxes | $175,525 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,306 |
| Fees for services: Accounting | $24,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,220 |
| Fees for services: Other | $48,212 |
| Advertising and promotion | $247,292 |
| Office expenses | $86,150 |
| Information technology | $87,225 |
| Royalties | $0 |
| Occupancy | $175,499 |
| Travel | $97,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,971 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,903 |
| Insurance | $70,549 |
| All other expenses | $97,393 |
| Total functional expenses | $39,893,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,130,784 |
| Savings and temporary cash investments | $32,219,402 |
| Pledges and grants receivable | $2,287,580 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $602,168 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,354 |
| Net Land, buildings, and equipment | $66,177 |
| Investments—publicly traded securities | $189,133,074 |
| Investments—other securities | $88,246 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,588 |
| Total assets | $227,749,373 |
| Accounts payable and accrued expenses | $138,705 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $465,257 |
| Total liabilities | $603,962 |
| Net assets without donor restrictions | $212,453,172 |
| Net assets with donor restrictions | $14,692,239 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $227,749,373 |
Grants Awarded
Over the last fiscal year, Nebraska Community Foundation has awarded $14,820,736 in support to 305 organizations.
| Grant Recipient | Amount |
|---|---|
OTOE COUNTY ROAD DEPARTMENT PURPOSE: COUNTY ROAD IMPROVEMENT PROJECT | $1,967,314 |
Gordon, NE PURPOSE: GENERAL SUPPORT | $773,578 |
LEWISTON CONSOLIDATED SCHOOL FOUNDATION PURPOSE: TRACK PROJECT | $678,750 |
Omaha, NE PURPOSE: COLLABORATIVE CARE COMPLEX | $650,000 |
Indianapolis, IN PURPOSE: GENERAL SUPPORT | $565,753 |
CITY OF RALSTON PURPOSE: ECONOMIC DEVELOPMENT PLANNING SUPPORT | $525,135 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nebraska Community Foundation has recieved totaling $5,320.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $5,320 |
Endowment Analysis
| Beg. Balance | $158,050,700 |
| Earnings | -$25,236,653 |
| Admin Expense | $1,859,155 |
| Net Contributions | $9,488,671 |
| Other Expense | $5,111,630 |
| Ending Balance | $135,331,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omaha Community Foundation Omaha, NE | $518,933,550 | $149,448,714 |
St Louis Community Foundation Incorporated St Louis, MO | $436,956,368 | $124,413,038 |
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |