Kearney Area Community Foundation

Organization Overview

Kearney Area Community Foundation is located in Kearney, NE. The organization was established in 1995. 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, Kearney Area Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kearney Area 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, Kearney Area Community Foundation generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $5.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Kearney Area Community Foundation has awarded 121 individual grants totaling $5,316,367. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT FOR VARIOUS PROGRAMS AND CHARITABLE ACTIVITIES FOR COMMUNITIES IN THE AREA OF BUFFALO COUNTY, NEBRASKA

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADMINISTER AND PROVIDE FINANCIAL SUPPORT IN THE FORM A GRANTS TO ORGANIZATIONS AND SCHOLARSHIPS TO INDIVIDUALS IN KEARNEY AND SURROUNDING AREAS.


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Board, Officers & Key Employees

Name (title)Compensation
Judi Sickler
President/ce
$84,972
Nathan Bruner
Chair
$0
Bryan Kuntz
Secretary
$0
Jonathan Nikkila
Vice Chair
$0
Carol Pelster
Treasurer
$0
Jeremy Armagost
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $31,592
All other contributions, gifts, grants, and similar amounts not included above$5,337,538
Noncash contributions included in lines 1a–1f $212,221
Total Revenue from Contributions, Gifts, Grants & Similar$5,369,130
Total Program Service Revenue$98,934
Investment income $509,957
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,394,548
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,420,402

Grants Awarded

Over the last fiscal year, Kearney Area Community Foundation has awarded $967,385 in support to 35 organizations.

Grant RecipientAmount

CITY OF KEARNEY

PURPOSE: PARKS AND REC EXPENS

$375,536

HARMON PARK SONOTORIUM REST PROJECT

Org PageRecipient Profile

Kearney, NE

PURPOSE: RESTORING SONOTORIUM

$55,000

FIRST BAPTIST CHURCH

Org PageRecipient Profile

Kearney, NE

PURPOSE: BUILDING FUND

$40,000

KEARNEY AREA JUBILEE CENTER

Org PageRecipient Profile

Kearney, NE

PURPOSE: WALK-IN FRIDGE/FREEZ

$33,000

BUFFALO COUNTY COMMUNITY PARTNERS

Org PageRecipient Profile

Kearney, NE

PURPOSE: COVID ASSISTANCE

$31,592

Kearney, NE

PURPOSE: REMODEL OFFICE SPACE

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kearney Area Community Foundation has recieved totaling $11,000.

Awarding OrganizationAmount
Amick-Youngson Family Charitable Foundation

Grand Island, NE

PURPOSE: CHARITABLE

$11,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,960,471
Earnings$3,996,221
Admin Expense$99,229
Net Contributions$381,537
Other Expense$73
Grants$610,610
Ending Balance$14,628,317

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