Donald E Nielsen Foundation Inc
- Assets
- $21.5m
- Revenue
- $3.2m
- Investments
- $21.1m
- Employees
- 0
- Location
- Oakland, NE
- Founding
- 08/2006
- Data as of
- 08/2021
- EIN
- 20-2629290
Organization Overview
Donald E Nielsen Foundation Inc is located in Oakland, NE. The organization was established in 2006. 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. Donald E Nielsen Foundation Inc 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 08/2021, Donald E Nielsen Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.9m during the year ending 08/2021. While expenses have increased by 16.5% per year over the past 5 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 2015, Donald E Nielsen Foundation Inc has awarded 114 individual grants totaling $8,348,795. 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 |
|---|---|---|---|
Clarence Mock Director/president | 5 | $31,500 | |
Jeff Baldwin Director/sec/treasur | 1 | $10,000 | |
Sara A Neilson Director/vp | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,939 |
| Dividends & Interest | $628,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,616,815 |
| Capital Gain Net Income | $7,128 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,247,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $46,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $169,536 |
| Contributions, gifts, grants paid | $1,693,105 |
| Total expenses and disbursements | $1,862,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,164 |
| Savings and temporary cash investments | $0 |
| 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 | $20,582 |
| 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 | $0 |
| Total assets | $21,467,545 |
| 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, Donald E Nielsen Foundation Inc has awarded $1,693,105 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
EDUCATIONAL SERVICE UNIT 2 PURPOSE: GENERAL SUPPORT | $535,500 |
FORT ATKINSON FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
CUMING COUNTY ECONOMIC DEVELOPMENT PURPOSE: GENERAL SUPPORT | $210,000 |
West Point, NE PURPOSE: GENERAL SUPPORT | $135,000 |
OAKLAND RURAL FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $122,500 |
Tekamah, NE PURPOSE: GENERAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |