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Foundation For Educational Funding Ii

Educationquest Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311777710 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Educational Funding Ii?

Foundation for Educational Funding II is a nonprofit organization situated in Lincoln, Nebraska, dedicated to expanding access to higher education within the state. By offering complimentary college planning services, such as college research, career exploration, scholarship searches, FAFSA filing, and financial aid options, they cater to the needs of all students and families in Nebraska. Moreover, the organization awards grants to high schools to boost their college-going rates, employing unbiased, nondiscriminatory criteria. Annual workshops on college access are also hosted for free, providing valuable insights to Nebraskans. The organization's mission aligns with that of EducationQuest Foundation, a Nebraska-based nonprofit, to further enhance the pursuit of higher education.


Official website here: www.educationquest.org

Is Foundation For Educational Funding Ii legitimate?

Foundation For Educational Funding Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Educational Funding Ii submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $989,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,604,972

For more financial information, click here


Official website here: www.educationquest.org

What is the mission statement of Foundation For Educational Funding Ii?

The Foundation For Educational Funding II is dedicated to improving access to higher education in Nebraska. Acting as a supporting organization, it conducts or backs activities for EducationQuest Foundation, a Nebraska-based nonprofit. Its primary mission is to offer free college planning services to students and families, including assistance with college research, career exploration, scholarship searches, FAFSA filings, and financial aid options. The organization also grants awards to high schools to boost their college-going rates, using unbiased criteria. Furthermore, it organizes annual workshops on college access for Nebraskans.


Official website here: www.educationquest.org

Who is the CEO of Foundation For Educational Funding Ii?

Elizabeth S Koop is the Chairman of Foundation For Educational Funding Ii. The CEO's salary of Foundation For Educational Funding Ii is $344,532 and their total compensation is $402,827.


Official website here: www.educationquest.org

What is the revenue of Foundation For Educational Funding Ii?

Foundation For Educational Funding Ii's revenue in 2022 was $10,445,531.


Official website here: www.educationquest.org

Who are the executives of Foundation For Educational Funding Ii and what are their salaries?

The average compensation at Foundation For Educational Funding Ii during 2022 was $518,923. There are 5 employees and 43 volunteers at Foundation For Educational Funding Ii.


Here are 13 key members and their salaries (Foundation For Educational Funding Ii's CEO's salary is $344,532 and their total compensation is $402,827):


Craig Ames (Chairman)
  • Compensation: $18,250
  • Related: $0
  • Other: $0
Miguel Carranza (Director)
  • Compensation: $9,250
  • Related: $0
  • Other: $0
Michael Green (Director)
  • Compensation: $11,750
  • Related: $0
  • Other: $0
Wendy Boyer (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0
Debbie Cooper (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0
Kelly Leeper (Director)
  • Compensation: $11,750
  • Related: $0
  • Other: $0
Thomas Smith (Director)
  • Compensation: $9,500
  • Related: $10,000
  • Other: $0
Elizabeth S Koop (President/Ceo)
  • Compensation: $344,532
  • Related: $0
  • Other: $58,295
Jennifer Strand (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0
Regan Anson (Director)
  • Compensation: $32,026
  • Related: $0
  • Other: $4,040
Michael J Timmins (Cfo/Senior Vice President)
  • Compensation: $153,336
  • Related: $0
  • Other: $44,218
Daphane Hall (Senior Vice President)
  • Compensation: $167,207
  • Related: $0
  • Other: $15,574
Eric Drumheller (Vice President)
  • Compensation: $112,538
  • Related: $0
  • Other: $32,571


Official website here: www.educationquest.org

Where can I find the form 990 for Foundation For Educational Funding Ii?

Foundation For Educational Funding Ii's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.educationquest.org

Learn more at the official website: www.educationquest.org

Mission Statement of Foundation For Educational Funding Ii

Foundation for Educational Funding II, as a supporting organization, is dedicated to enhancing access to higher education in Nebraska. Its sole purpose is to foster activities that benefit EducationQuest Foundation, a Nebraska-based nonprofit organization under Section 501(C)(3), 509(A)(2) of the Internal Revenue Code. To achieve this mission, the Foundation offers a variety of free services to students and families across the state. These services include college research, career exploration, scholarship search, and assistance with FAFSA filing and financial aid options.

In addition to these direct services, Foundation for Educational Funding II also awards grants to high schools, using objective, nondiscriminatory criteria. These grants are intended to enhance the schools' efforts to increase their college-going rates. To further support the cause of higher education, the Foundation conducts annual workshops on college access in Nebraska. By providing these resources, Foundation for Educational Funding II aims to empower students and families in Nebraska to navigate the complex process of higher education and secure the best possible opportunities for their future.

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Impact




October, 2024

Foundation For Educational Funding II significantly enhances access to higher education in Nebraska by offering a variety of free services and resources tailored to students and families. It assists in college planning through activities such as college research, career exploration, scholarship searches, FAFSA filing, and guidance on financial aid options.

In addition to individual support, the organization plays a vital role in bolstering high schools' efforts to increase college-going rates by providing grants based on objective and non-discriminatory criteria. This support empowers schools to develop initiatives that encourage students to pursue higher education.

Furthermore, Foundation For Educational Funding II conducts free annual workshops focused on college access, ensuring that valuable information and resources are available to the community. Its comprehensive approach not only addresses the immediate needs of students and families but also creates a broader impact on educational attainment across the state.




This information is meant to be a general summary of Foundation For Educational Funding Ii. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,445,531 (2022)
Expenses
$7,408,412 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,378,200
  • Gross Receipts: $30,508,096

Assets and Liabilities:

  • Total Assets: $170,700,093
  • Total Liabilities: $1,089,510
  • Net Assets: $169,610,583

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Organization Details

Founding Year

2001

Principal Officer

Elizabeth S Koop

Main Address

PO BOX 82552, LINCOLN, NE, 685012522

NTEE Category

Code: B82 - Education

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