Quivey-Bay State Foundation
- Assets
- $3.9m
- Revenue
- $276.8k
- Investments
- $3.9m
- Employees
- 0
- Location
- Scottsbluff, NE
- Founding
- 05/1957
- Data as of
- 01/2024
- EIN
- 47-6024159
Organization Overview
Quivey-Bay State Foundation is located in Scottsbluff, NE. The organization was established in 1957. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quivey-Bay State 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 01/2024, Quivey-Bay State Foundation generated $276.8k 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 (6.7%) each year. All expenses for the organization totaled $361.5k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Quivey-Bay State Foundation has awarded 190 individual grants totaling $1,264,312. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUIVEY-BAY STATE FOUNDATION PROVIDES GRANTS TO NOT-FOR-PROFIT AND CHARITABLE ORGANIZATIONS. DURING THE FISCAL YEAR ENDED JANUARY 31, 2024, 339,895 WAS AWARDED TO 50 ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Koenig Secretary | 0 | $0 | |
Zac Karpf President | 0 | $0 | |
Steve Reisig Trustee | 0 | $0 | |
John Massey Treasurer | 0 | $0 | |
Gary Kelley Trustee | 0 | $0 | |
Steve Olsen Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,596 |
| Dividends & Interest | $251,325 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,483 |
| Capital Gain Net Income | $58 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,441 |
| Total Revenue | $276,845 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,653 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,909 |
| Total operating and administrative expenses | $21,557 |
| Contributions, gifts, grants paid | $339,895 |
| Total expenses and disbursements | $361,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,513 |
| 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 | $11,068 |
| Total assets | $3,920,014 |
| 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 | $6,259 |
| Total liabilities | $6,259 |
Grants Awarded
Over the last fiscal year, Quivey-Bay State Foundation has awarded $339,895 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BANNER COUNTY HISTORICAL PURPOSE: HISTORICAL PRESERVATION | $1,000 |
BOY SCOUTS OF AMERICA PURPOSE: YOUTH DEVELOPMENT | $5,000 |
CAMP SCOTT SUMMER PROGRAM PURPOSE: SUPPORT FOR THE DISABLED | $6,500 |
CAPSTONE PURPOSE: SUPPORT FOR ABUSED CHILDREN | $2,000 |
CARPENTER CENTER PURPOSE: SCHOLARSHIP PROGRAM | $12,000 |
CHADRON STATE COLLEGE FOUNDATION PURPOSE: EDUCATIONAL SCHOLARSHIPS | $10,000 |