Tye Family Foundation is located in Kearney, NE. The organization was established in 1967. 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. Tye Family 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 04/2024, Tye Family Foundation generated $20.0k 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 (15.4%) each year. All expenses for the organization totaled $40.5k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Tye Family Foundation has awarded 55 individual grants totaling $108,750. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Tye Trustee | 3 | $0 | |
Gloria G Tye Trustee | 1 | $0 | |
Thomas W Tye II Trustee | 1 | $0 | |
Michael J Tye Trustee | 1 | $0 | |
Deborah S Tye Brekke Trustee | 1 | $0 | |
Matthew H Tye Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,073 |
| Dividends & Interest | $12,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,578 |
| Capital Gain Net Income | $5,578 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $9,600 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $702 |
| Total operating and administrative expenses | $13,993 |
| Contributions, gifts, grants paid | $26,500 |
| Total expenses and disbursements | $40,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,079 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $209,639 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,932 |
| Total assets | $322,162 |
| 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 |
Over the last fiscal year, Tye Family Foundation has awarded $26,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BARRYVILLE FARMERS MARKET PURPOSE: GENERAL CHARITABLE SUPPORT | $2,000 |
KEARNEY AREA COMMUNITY FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $1,000 |
KEARNEY CONCERT ASSOCIATION PURPOSE: GENERAL CHARITABLE SUPPORT | $1,000 |
MOBRIDGE RODEO FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $1,000 |
KENESAW UNITED CHILD CARE COALITION PURPOSE: GENERAL CHARITABLE SUPPORT | $1,000 |
MOBRIDGE REGIONAL HOSPITAL FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $2,000 |