Front Porch Investments
- Assets
- $53.4m
- Revenue
- $58.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- Data as of
- 12/2022
- EIN
- 87-1820951
Organization Overview
Front Porch Investments is located in Omaha, NE. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Front Porch Investments is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Front Porch Investments has awarded 15 individual grants totaling $3,896,378. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE FUNDING, INNOVATION, AND STRATEGIC PARTNERSHIPS IN SUPPORT OF AFFORDABLE HOUSING ACROSS THE GREATER OMAHA METRO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR CARRY OUT THE PURPOSE OF THE OMAHA COMMUNITY FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Kush Vice President | OfficerTrustee | 1 | $0 |
Meridith Dillon President | Officer | 35 | $0 |
Naomi Hattaway Secretary | Officer | 1 | $0 |
Kerri Sanchez Board Chair | OfficerTrustee | 2 | $0 |
Susan Buffett Director | Trustee | 1 | $0 |
Gail Graeve Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,150,799 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,150,799 |
| Total Program Service Revenue | $0 |
| Investment income | $493,922 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,644,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,896,378 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $493,327 |
| Fees for services: Legal | $18,737 |
| Fees for services: Accounting | $1,313 |
| Fees for services: Lobbying | $400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $487,040 |
| Advertising and promotion | $5,183 |
| Office expenses | $13,593 |
| Information technology | $35,313 |
| Royalties | $0 |
| Occupancy | $13,757 |
| Travel | $6,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,231 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $775 |
| Insurance | $4,757 |
| All other expenses | $0 |
| Total functional expenses | $5,482,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,649,652 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $710,128 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,974 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $53,366,754 |
| Accounts payable and accrued expenses | $204,999 |
| 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 | $0 |
| Total liabilities | $204,999 |
| Net assets without donor restrictions | $53,161,755 |
| Net assets with donor restrictions | $0 |
| 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 | $53,366,754 |
Grants Awarded
Over the last fiscal year, Front Porch Investments has awarded $3,896,378 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AUTISM ACTION PARTNERSHIP PURPOSE: Philanthropy, Voluntarism, Grants | $50,000 |
FAMILY HOUSING ADVISORY SERVI PURPOSE: Housing, Shelter | $105,000 |
HABITAT FOR HUMANITY OF OMAHA PURPOSE: Housing, Shelter | $210,000 |
HEARTLAND FAMILY SERVICE PURPOSE: Human Services | $199,920 |
INCOMMON COMMUNITY DEVMOSAIC PURPOSE: Human Services | $145,000 |
MERCY HOUSING MIDWEST PURPOSE: Health - General Rehabilitative | $500,000 |