Faith Charitable Trust

Organization Overview

Faith Charitable Trust is located in Omaha, NE. The organization was established in 1974. According to its NTEE Classification (T30) the organization is classified as: Public 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. Faith Charitable Trust 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, Faith Charitable Trust generated $922.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $15.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Faith Charitable Trust has awarded 34 individual grants totaling $17,801,233. 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

SUPPORTING ORGANIZATION FOR THE OMAHA COMMUNITY FOUNDATION WHICH HAS MORE THAN 2000 CHARITABLE FUNDS SUPPORTED BY THE GREATER OMAHA, SW IOWA AND SE NEBRASKA AREAS. OCF PROVIDES A SERVICE FOR GIVING AND GRANTING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT ORGANIZATION FOR THE OMAHA COMMUNITY FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Kim Daniels
Trustee
$0
Rebecca Anderson Minier
Trustee
$0
Jill Faith
Trustee
$0
Laura Alley
Trustee
$0
Michael E Leighton
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $235,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $687,056
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $922,113

Grants Awarded

Over the last fiscal year, Faith Charitable Trust has awarded $15,148,015 in support to 18 organizations.

Grant RecipientAmount

DECHOMAI FOUNDATION INC

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: Philanthropy, Voluntarism

$8,060,066

SCHWAB CHARITABLE FUND

Org PageRecipient Profile

San Francisco, CA

PURPOSE: Philanthropy, Voluntarism

$5,981,249

YOUTH FOR CHRIST USA INC

Org PageRecipient Profile

Omaha, NE

PURPOSE: Youth Development

$320,000

HEARTLAND FAMILY SERVICE

Org PageRecipient Profile

Omaha, NE

PURPOSE: Human Services

$200,000

OMAHA COMMUNITY FOUNDATION

Org PageRecipient Profile

Omaha, NE

PURPOSE: Philanthropy

$200,000

HTI LABS

PURPOSE: Human Services

$125,000
View Grant Profile

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