Oldfather Foundation Tr
- Assets
- $921.2k
- Revenue
- $82.5k
- Investments
- $910.6k
- Employees
- 0
- Location
- Kearney, NE
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 27-6972352
Organization Overview
Oldfather Foundation Tr is located in Kearney, NE. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Oldfather Foundation Tr 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 12/2021, Oldfather Foundation Tr generated $82.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $73.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oldfather Foundation Tr has awarded 57 individual grants totaling $317,280. 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 |
|---|---|---|---|
Jane O Light Co-Trustee | 0 | $0 | |
David H Oldfather Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $22,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,184 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,398 |
| Contributions, gifts, grants paid | $57,500 |
| Total expenses and disbursements | $73,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,599 |
| Net Accounts receivable | $1,043 |
| 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 | $443,040 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $921,244 |
| 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, Oldfather Foundation Tr has awarded $57,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ELEVATING CONNECTIONS PURPOSE: GENERAL OPERATIONS | $15,000 |
Lincoln, NE PURPOSE: GENERAL FUND OPERATIONS | $12,000 |
KEARNEY CATHOLIC HS FOUNDATION PURPOSE: GENERAL FUND OPERATIONS | $7,500 |
KEARNEY BUFFALO COUNTY CASA PURPOSE: GENERAL OPERATIONS | $7,500 |
BUFFALO COUNTY COMMUNITY PTR PURPOSE: GENERAL FUND OPERATIONS | $3,000 |
NE STATE HISTORICAL SOCIETY FOUNDAT PURPOSE: GENERAL FUND OPERATIONS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Robert M Beren Foundation Inc Wichita, KS | $0 | $13,792,730 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |
Hermann Family Foundation St Louis, MO | $60,142,710 | $16,411,582 |
A W Baldwin Charitable Foundation Inc Leawood, KS | $13,708,852 | $4,775,692 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
Ibew-124 Vacation And Holiday Trust Fund Kansas City, MO | $7,490,902 | $8,580,106 |
William T Kemper Foundation Commerce Bank Of Kansas City N A T Kansas City, MO | $279,723,609 | $35,092,303 |