M Eighmy Foundation Inc
- Assets
- $1.8m
- Revenue
- $88.8k
- Investments
- $1.1m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 91-1786689
Organization Overview
M Eighmy Foundation Inc is located in Lincoln, NE. The organization was established in 1997. 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. M Eighmy 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 12/2022, M Eighmy Foundation Inc generated $88.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $172.5k during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, M Eighmy Foundation Inc has awarded 124 individual grants totaling $715,900. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg A Jones Director | 0 | $200 | |
Barry Hemmerling President | 0 | $200 | |
Gary Bredensteiner Treasurer | 0 | $200 | |
James Jones Director | 0 | $200 | |
James P Stewart Director | 0 | $200 | |
Scott C Lloyd Director | 0 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,612 |
| Dividends & Interest | $36,586 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,554 |
| Capital Gain Net Income | $40,554 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,058 |
| Total Revenue | $88,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,942 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $351 |
| Printing and publications | $13 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,141 |
| Contributions, gifts, grants paid | $148,400 |
| Total expenses and disbursements | $172,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,197 |
| Savings and temporary cash investments | $767,454 |
| 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 | $20,712 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,837,910 |
| 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 |
Grants Awarded
Over the last fiscal year, M Eighmy Foundation Inc has awarded $148,400 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BURR OAK CHURCH PURPOSE: GENERAL FUND RELIGIOUS ACTIVITY | $1,000 |
BROKEN BOW PRAIRIE CENTER PURPOSE: ACTIVITIES FOR OLDER CITIZENS | $5,000 |
NE PUBLIC RADIO PURPOSE: ASSISTANCE FOR PUBLIC RADIO BROADCASTS | $2,000 |
UNIV OF NE FOUNDATION PURPOSE: ASSIST LAND GRANT UNIVERSITY PROGRAM WHICH PROVIDES EDUCATIONAL SCHOLARSHIPS | $12,400 |
BROKEN BOW LIBRARY FOUNDATION PURPOSE: ASSISTANCE FOR LIBRARY OPERATION | $1,000 |
CHRISTIAN HERITAGE HOME PURPOSE: CAPITAL IMPROVEMENT PROJECTS | $11,000 |