C W Yount Foundation Inc
- Assets
- $2.9m
- Revenue
- $416.7k
- Investments
- $539.1k
- Employees
- 0
- Location
- Gering, NE
- Founding
- 06/1978
- Data as of
- 12/2023
- EIN
- 47-0600603
Organization Overview
C W Yount Foundation Inc is located in Gering, NE. The organization was established in 1978. 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. C W Yount 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 12/2023, C W Yount Foundation Inc generated $416.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $461.0k during the year ending 12/2023. While expenses have increased by 1.1% 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 2020, C W Yount Foundation Inc has awarded 206 individual grants totaling $891,256. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Ouderkirk Presidentdirector | 1 | $5,500 | |
Thomas Holyoke Secretarydirector | 1 | $5,500 | |
James Emery Manager And Director | 5 | $39,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,000 |
| Interest on Savings | $1,039 |
| Dividends & Interest | $17,608 |
| Net Rental Income | $137,683 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $169,922 |
| Other Income | $0 |
| Total Revenue | $416,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,572 |
| Depreciation | $7,338 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $139,217 |
| Total operating and administrative expenses | $226,627 |
| Contributions, gifts, grants paid | $234,368 |
| Total expenses and disbursements | $460,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,114 |
| 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 | $15,682 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,772 |
| Net Land, buildings, and equipment | $907,841 |
| Other assets | $1,392,792 |
| Total assets | $2,870,555 |
| Accounts payable and accrued expenses | $968 |
| 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 | $500 |
| Total liabilities | $1,468 |
Grants Awarded
Over the last fiscal year, C W Yount Foundation Inc has awarded $234,368 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN NEBRASKA COMMUNITY COLLEGE PURPOSE: BOND RETIREMENT IMPS | $25,000 |
COMMUNITY ACTION PROGRAM FOUNDATION PURPOSE: PROGRAM SUPPORT | $20,000 |
HABITAT FOR HUMANITY PURPOSE: RESIDENCE PROGRAM | $2,500 |
GERING PREP BASEBALL PURPOSE: PROGRAM SUPPORT | $3,000 |
GERING CEMETERY BOARD PURPOSE: CEMETERY MAINTANCE | $1,000 |
SUMMIT CHRISTIAN COLLEGE PURPOSE: COLLEGE SUPPORT | $10,000 |