Netz Family Charitable Foundation is located in Lincoln, 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. Netz Family Charitable 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, Netz Family Charitable Foundation generated $409.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO FOOD BANK OF LINCOLN
CONTRIBUTIONS TO ASSIST VICTIMS OF VIOLENCE
CONTRIBUTIONS TO ASSIST CHILDREN
CONTRIBUTIONS TO ASSIST THE HOMELESS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas D Netz President | 1 | $0 | |
Robin S Netz Vice Preside | 1 | $0 | |
Mallory Netz Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $4,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,314 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,938 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $14,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,430 |
| 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 | $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 | $118,035 |
| 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 |
Over the last fiscal year, Netz Family Charitable Foundation has awarded $12,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD BANK OF LINCOLN PURPOSE: FOOD FOR STRUGGLING FAMILIES | $5,000 |
FRIENDSHIP HOME PURPOSE: HELPING VICTIMS OF DOMESTIC ABUSE | $1,500 |
VOICES OF HOPE PURPOSE: ASSISTANCE FOR VICTIMS OF VIOLENCE | $1,500 |
CHILD ADVOCACY CENTER PURPOSE: ADVOCATES FOR CHILDREN | $2,000 |
HEARTLAND CANCER FOUNDATION PURPOSE: HELPING CHILDREN IN CRISIS | $1,000 |
PEOPLES CITY MISSION PURPOSE: ASSISTANCE TO HOMELESS | $1,000 |