Vetter Foundation
- Assets
- $893.6k
- Revenue
- $358.1k
- Investments
- $149.9k
- Employees
- 0
- Location
- Elkhorn, NE
- Founding
- 07/1993
- Data as of
- 06/2022
- EIN
- 47-0762483
Organization Overview
Vetter Foundation is located in Elkhorn, NE. The organization was established in 1993. 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. Vetter 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 06/2022, Vetter Foundation generated $358.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $357.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Vetter Foundation has awarded 22 individual grants totaling $309,654. 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
2022
Describe the Organization's Program Activity:
CHARITABLE SUPPORT OF OTHER 501(C)(3) ORGANIZATION EXEMPT ACTIVITIES INCLUDING ASSEMBLY OF GOD MISSIONS AND CHURCHES
EDUCATION AND TRAINING ACTIVITIES FOR PERSONNEL IN THE HEALTH CARE AND LONG-TERM CARE INDUSTRIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack D Vetter President | 0 | $0 | |
Eldora D Vetter Vice President | 0 | $0 | |
Todd Vetter Director | 0 | $0 | |
Vicki Vetter Director | 0 | $0 | |
Denith D Vetter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,948 |
| Interest on Savings | $422 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $307,774 |
| Total Revenue | $358,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,164 |
| Total operating and administrative expenses | $48,177 |
| Contributions, gifts, grants paid | $309,654 |
| Total expenses and disbursements | $357,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $424,249 |
| 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 | $50,000 |
| 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 | $269,462 |
| Total assets | $893,645 |
| 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, Vetter Foundation has awarded $309,654 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBUS FAMILY YMCA PURPOSE: EDUCATIONAL | $2,000 |
BOONE COUNTY FOUNDATION FUND PURPOSE: RELIGIOUS/CHARITABLE | $5,000 |
ASSISTANCE LEAGUE OF OMAHA PURPOSE: RELIGIOUS/CHARITABLE | $5,000 |
METHODIST HOSPITAL FOUNDATION PURPOSE: RELIGIOUS/CHARITABLE | $2,500 |
CONVOY OF HOPE PURPOSE: RELIGIOUS/CHARITABLE | $60,000 |
DREAMWEAVER FOUNDATION PURPOSE: RELIGIOUS/CHARITABLE | $25,900 |