Walter Scott Family Foundation
- Assets
- $733.3m
- Revenue
- $38.3m
- Investments
- $570.6m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1116371
Organization Overview
Walter Scott Family Foundation is located in Omaha, NE. The organization was established in 2014. 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. Walter Scott 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 12/2022, Walter Scott Family Foundation generated $38.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.9%) each year. All expenses for the organization totaled $104.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Walter Scott Family Foundation has awarded 121 individual grants totaling $334,704,704. 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 Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mogens Bay Trustee | 1 | $0 | |
Greg Abel Chairman | 1 | $0 | |
Mike Faust Trustee | 1 | $0 | |
Calvin Sisson President & CEO | 1 | $32,757 | |
Rich Eakin Vice President | 1 | $10,091 | |
Christi Annin Director Of Finance | 1 | $10,426 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dolan Mceniry | 12/30/22 | $1,024,275 |
Suzanne & Walter Scott Foundation | 12/30/22 | $1,000,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,590,810 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,311,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,634,801 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,007,090 |
| Total Revenue | $38,274,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $829,255 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,018,751 |
| Contributions, gifts, grants paid | $100,990,879 |
| Total expenses and disbursements | $104,009,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $62,659,417 |
| 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 | $100,000,450 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $49,518,602 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $733,268,238 |
| 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, Walter Scott Family Foundation has awarded $109,475,351 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
DOWNTOWN RIVERFRONT TRUST PURPOSE: CAPITAL CAMPAIGN | $19,993,683 |
ALASKA RAPTOR CENTER PURPOSE: CAPITAL CAMPAIGN | $400,000 |
LAKE CUNNINGHAM DEVELOPMENT TRUST PURPOSE: NEXT GENERATION & CAPITAL CAMPAIGN | $1,010,000 |
NEBRASKA METHODIST HOSPITAL FOUNDATION PURPOSE: NEXT GENERATION | $15,000 |
OMAHA SYMPHONY ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
OMAHA DISCOVERY TRUST PURPOSE: CAPITAL CAMPAIGN | $5,004,276 |