Greater Grand Island Community Foundation

Organization Overview

Greater Grand Island Community Foundation is located in Grand Island, NE. The organization was established in 1964. 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, Greater Grand Island Community Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Grand Island 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, Greater Grand Island Community Foundation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Greater Grand Island Community Foundation has awarded 209 individual grants totaling $10,230,163. 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

EMPOWERING PEOPLE TO TURN THEIR PASSION INTO PURPOSE BY CREATING LEGACIES THAT STRENGTHEN THE FUTURE OF THE COMMUNITIES WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GREATER GRAND ISLAND COMMUNITY FOUNDATION UNITES THE GENEROSITY OF DONORS WITH THE NEEDS OF THE COMMUNITY THROUGH ITS GRANT MAKING AND SCHOLARSHIP PROGRAMS. INDIVIDUAL COMMITTEES REVIEW GRANT AND SCHOLARSHIP APPLICATIONS AND PRESENT RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR APPROVAL.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Delaet
CEO
$92,384
Dori Wanitschke
Finance Offi
$43,736
Mike Gloor
Vice Chair
$0
Bart Qualsett
Treasurer
$0
Mike Schuster
Chair
$0
Mrs Lisa Thayer
Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $51,749
All other contributions, gifts, grants, and similar amounts not included above$1,680,894
Noncash contributions included in lines 1a–1f $201,105
Total Revenue from Contributions, Gifts, Grants & Similar$1,732,643
Total Program Service Revenue$34,413
Investment income $495,238
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,149,015
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,411,309

Grants Awarded

Over the last fiscal year, Greater Grand Island Community Foundation has awarded $1,670,261 in support to 63 organizations.

Grant RecipientAmount

HASTINGS COLLEGE FOUNDATION

Org PageRecipient Profile

Hastings, NE

PURPOSE: ARTS

$457,420

HEARTLAND UNITED WAY

Org PageRecipient Profile

Grand Island, NE

PURPOSE: HUMAN SERVICES

$144,942

GRAND ISLAND PARKS AND RECREATION D

PURPOSE: RECREATION

$99,586

GRAND ISLAND PARTNERSHIP FOR THE AR

Org PageRecipient Profile

Grand Island, NE

PURPOSE: ARTS

$64,510

CITY OF GRAND ISLANDFRIENDS OF GI PARKS

PURPOSE: ENVIRONMENTAL

$54,776

MISSION MATTERS

PURPOSE: COMMUNITY IMPROVE

$54,556
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Grand Island Community Foundation has recieved totaling $143,230.

Awarding OrganizationAmount
S N And Gloria Wolbach Charitable Foundation

Omaha, NE

PURPOSE: SUPPORT OF FOUNDATION

$143,230
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,680,419
Earnings$2,562,685
Admin Expense-$25,090
Net Contributions$294,751
Other Expense$1,452,246
Grants$1,363,232
Ending Balance$16,747,467

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