Omaha Community Foundation
- Assets
- $518.9m
- Revenue
- $149.4m
- Investments
- $34.2m
- Employees
- 36
- Location
- Omaha, NE
- Founding
- 07/1982
- Data as of
- 12/2021
- EIN
- 47-0645958
Organization Overview
Omaha Community Foundation is located in Omaha, NE. The organization was established in 1982. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Omaha Community Foundation employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha Community 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 12/2021, Omaha Community Foundation generated $149.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $102.9m during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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, Omaha Community Foundation has awarded 16 individual grants totaling $1,199,515. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE COMMUNITY BY CULTIVATING GENEROSITY AND STRENGTHENING NONPROFITS.
Describe the Organization's Program Activity:
TO PROMOTE PHILANTHROPY TO FUND CHARITABLE PROGRAMS AND ORGANIZATIONS PRIMARILY SERVING OUR COMMUNITY - OMAHA/METRO AREA, SOUTHEAST NEBRASKA AND SOUTHWEST IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Kush President & CEO | Officer | 30 | $431,500 |
John Levy Dir Of Donor Phila | 40 | $214,808 | |
Melisa Sunde CFO | Officer | 30 | $202,272 |
Matt Darling Vice President | Officer | 30 | $141,303 |
Russell Johnston Dir Of Hr | 30 | $124,523 | |
Emily Nguyen Dir Research & Str | 30 | $115,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,801,454 |
| Government grants | $327,247 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,890,695 |
| Noncash contributions included in lines 1a–1f | $73,689,276 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,019,396 |
| Total Program Service Revenue | $4,433,804 |
| Investment income | $6,549,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,696,992 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $149,448,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $93,719,041 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $652,367 |
| Compensation of current officers, directors, key employees. | $377,483 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,088,098 |
| Pension plan accruals and contributions | $106,624 |
| Other employee benefits | $216,121 |
| Payroll taxes | $181,796 |
| Fees for services: Management | $2,649,992 |
| Fees for services: Legal | $18,277 |
| Fees for services: Accounting | $136,875 |
| Fees for services: Lobbying | $7,469 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $915,729 |
| Fees for services: Other | $435,050 |
| Advertising and promotion | $410,601 |
| Office expenses | $149,933 |
| Information technology | $174,638 |
| Royalties | $0 |
| Occupancy | $276,329 |
| Travel | $24,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,177 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,043 |
| Insurance | $50,718 |
| All other expenses | $0 |
| Total functional expenses | $102,926,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,471,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $496,312 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,417,060 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,773,521 |
| Investments—publicly traded securities | $362,136,747 |
| Investments—other securities | $34,204,666 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,433,671 |
| Total assets | $518,933,550 |
| Accounts payable and accrued expenses | $563,771 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,095,986 |
| Total liabilities | $15,659,757 |
| Net assets without donor restrictions | $332,160,812 |
| Net assets with donor restrictions | $171,112,981 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $518,933,550 |
Grants Awarded
Over the last fiscal year, Omaha Community Foundation has awarded $406,115 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Omaha, NE PURPOSE: Human Services | $223,315 |
Lincoln, NE PURPOSE: Civil Rights, Social Action, Advoca | $60,667 |
Omaha, NE PURPOSE: Educational Institutions | $40,160 |
Omaha, NE PURPOSE: Arts, Culture, Humanities | $30,000 |
Minneapolis, MN PURPOSE: Philanthropy, Voluntarism, Grantmak | $25,000 |
Omaha, NE PURPOSE: Health - General & Rehabilitative | $11,786 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Omaha Community Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $26,429,309 |
| Earnings | $3,602,107 |
| Admin Expense | $157,632 |
| Net Contributions | $89,055 |
| Other Expense | $110,802 |
| Grants | $642,237 |
| Ending Balance | $29,209,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Kansas City Community Foundation Kansas City, MO | $2,187,060,299 | $350,777,343 |
Denver Foundation Denver, CO | $993,536,650 | $189,641,789 |
Omaha Community Foundation Omaha, NE | $518,933,550 | $149,448,714 |
St Louis Community Foundation Incorporated St Louis, MO | $436,956,368 | $124,413,038 |
Christian Community Foundation Inc Colorado Springs, CO | $497,894,733 | $194,166,172 |
Community First Foundation Arvada, CO | $565,776,459 | $151,756,882 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Community Foundation Of Jackson Hole Jackson, WY | $113,990,661 | $47,502,372 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |