Graff Charitable Foundation Inc
- Assets
- $6.9m
- Revenue
- $414.0k
- Investments
- $5.4m
- Employees
- 0
- Location
- Mccook, NE
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 47-0816806
Organization Overview
Graff Charitable Foundation Inc is located in Mccook, NE. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Graff Charitable 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 12/2021, Graff Charitable Foundation Inc generated $414.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (42.8%) each year. All expenses for the organization totaled $318.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Graff Charitable Foundation Inc has awarded 269 individual grants totaling $1,246,485. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Thomas Secretary/treasurer | 0.25 | $0 | |
P Mark Graff Chairman | 5 | $0 | |
Mary Christine Graff Director | 0.25 | $0 | |
Chad Graff Vice Chair/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $524 |
| Interest on Savings | $8,640 |
| Dividends & Interest | $136,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $268,021 |
| Capital Gain Net Income | $268,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $413,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $100 |
| Taxes | $5,359 |
| Depreciation | $0 |
| Occupancy | $136 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,020 |
| Total operating and administrative expenses | $10,998 |
| Contributions, gifts, grants paid | $307,651 |
| Total expenses and disbursements | $318,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $773,447 |
| 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 | $696,229 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,958,361 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $360 |
| Total assets | $6,876,708 |
| Accounts payable and accrued expenses | $45 |
| 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 | $45 |
Grants Awarded
Over the last fiscal year, Graff Charitable Foundation Inc has awarded $307,651 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
MCCOOK COMMUNITY FOUNDATION FUND PURPOSE: BIG GIVE MATCH | $35,000 |
McCook, NE PURPOSE: BLUES WALL PROJECT | $25,000 |
Lincoln, NE PURPOSE: GRAFF CHARITABLE FOUNDATION DAF | $25,000 |
Lincoln, NE PURPOSE: STAFFING POSITION | $20,000 |
ST PATRICK'S CATHOLIC CHURCH PURPOSE: STAFF BONUSES | $15,000 |
Mccook, NE PURPOSE: GENERAL OPERATIONS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sanford Health Foundation Sioux Falls, SD | $1,085,759,919 | $148,692,334 |
Zero Zero One Inc Wichita, KS | $296,480,303 | $56,363,793 |
William R Orthwein Jr And Laura Rand Orthwein Foundation Inc St Louis, MO | $73,594,056 | $14,006,042 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
Teammates For Kids Foundation Denver, CO | $83,190,071 | $4,700,598 |
Seeds Of Change Foundation Sioux Falls, SD | $998,757 | $2,484,573 |
Royals Charities Inc Kansas City, MO | $948,636 | $2,777,032 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
John Herr Foundation Tr Fairfield, IA | $3,532,679 | $2,035,740 |
Robert J Trulaske Jr Family Foundation St Louis, MO | $34,572,751 | $8,764,478 |
American Century Investments Foundation Kansas City, MO | $6,624,368 | $1,541,497 |