Foundation For Tomorrow
- Assets
- $266.8k
- Revenue
- $32.9k
- Investments
- $265.1k
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 12/2009
- Data as of
- 06/2023
- EIN
- 26-3923274
Organization Overview
Foundation For Tomorrow is located in Lincoln, NE. The organization was established in 2009. 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. Foundation For Tomorrow 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 06/2023, Foundation For Tomorrow generated $32.9k 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 (13.3%) each year. All expenses for the organization totaled $63.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Foundation For Tomorrow has awarded 49 individual grants totaling $285,000. 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 |
|---|---|---|---|
Cynthe Dumler President/director - As Needed | 0 | $0 | |
Ashley E Rinaker Secretary/director - As Needed | 0 | $0 | |
Mark Oliver Director - Time As Needed | 0 | $0 | |
Scott Oliver Director - Time As Needed | 0 | $0 | |
Nicole Wagner Treasurer/director - As Needed | 0 | $0 | |
Tyler J Vanderzee Director - Time As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,271 |
| Capital Gain Net Income | $14,271 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $3,310 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $63,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,694 |
| 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 | $0 |
| Total assets | $266,793 |
| 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, Foundation For Tomorrow has awarded $60,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION NEBRASKA PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $13,000 |
THE GUNSTON SCHOOL INC PURPOSE: TO FURTHER THE PROGRAMS OF THE ORGANIZATION INCLUDING SUPPORT OF THE ROWING AND BRIDGE PROGRAMS. | $5,000 |
LIVE WELL GO FISH PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $500 |
DREAMWEAVER FOUNDATION PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION. | $1,500 |
WASHINGTON COLLEGE PURPOSE: TO FURTHER THE PROGRAMS OF THE ORGANIZATION INCLUDING SUPPORT OF WOMEN'S ROWING AND THE CASEY SWIM CENTER. | $1,500 |
SULTANA EDUCATION FOUNDATION INC PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION INCLUDING $3,000 FOR THE ENVIRONMENTAL LITERACY PROGRAM AND $20,000 FOR THE NATURE CENTER AT LAWRENCE WETLANDS PRESERVE. | $23,000 |