David E Abboud Family Private Foundation
- Assets
- $671.5k
- Revenue
- $404.2k
- Investments
- $661.4k
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 91-1766631
Organization Overview
David E Abboud Family Private Foundation is located in Omaha, NE. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. David E Abboud Family Private 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, David E Abboud Family Private Foundation generated $404.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $47.0k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, David E Abboud Family Private Foundation has awarded 25 individual grants totaling $144,563. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Abboud Director | 0.5 | $0 | |
Nancy Abboud Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $7,961 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $396,226 |
| Capital Gain Net Income | $396,226 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $404,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $28 |
| Taxes | $1,048 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,473 |
| Contributions, gifts, grants paid | $39,500 |
| Total expenses and disbursements | $46,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,125 |
| 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 | $633,306 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $671,485 |
| 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, David E Abboud Family Private Foundation has awarded $39,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST AUGUSTINE INDIAN MISSION PURPOSE: SPONSORING CHILDREN FROM THE OMAHA AND WINNEBAGO RESERVATION TO COVER TUITION AT ST AUGUSTINE SCHOOLS. | $1,000 |
CREIGHTON UNIVERSITY PURPOSE: A JESUIT, CATHOLIC UNIVERITY BRIDGING HEALTH, LAW, BUSINESS AND THE ARTS & SCIENCES FOR A MORE JUST WORLD. | $15,000 |
CUES FUND PURPOSE: SECURES FINANCIAL SUPPORT THROUGH PRIVATE DONATIONS TO FULLY FUND THE CUES SCHOOL SYSTEM. | $10,000 |
CHRIST THE KING PURPOSE: RELIGOUS | $500 |
CHRIST THE KING PURPOSE: RELIGOUS | $5,000 |
CHRIST THE KING PURPOSE: RELIGOUS | $3,000 |