Overview
What is Nebraska Philanthropic Trust?
Nebraska Philanthropic Trust is a nonprofit organization located at 10340 North 84th Street, Omaha, Nebraska. Established with a mission to benefit the state of Nebraska, this organization specializes in fostering public-private partnerships, with a strong focus on fundraising and project management. In 2019, they collaborated with the University of Nebraska to aid in the development of baseball and softball facilities for the students at the University of Nebraska at Omaha. The Organization's primary objective is to boost the general welfare of Nebraska by providing financial support to public and charitable institutions, as well as assisting in the construction of facilities that contribute to this goal. In 2022, the Organization was engaged in various projects that furthered its mission. With a team of just one dedicated employee, Nebraska Philanthropic Trust is dedicated to making a meaningful impact in Nebraska.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Nebraska Philanthropic Trust has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The charity's score is primarily derived from its strong performance in the Accountability & Finance category, which reflects its commitment to transparency and ethical practices in financial management.
Strengths of the organization include a fully independent board with all members meeting independence criteria and no material diversion of assets reported. Their well-established policies on conflict of interest, whistleblower protection, and document retention further demonstrate a robust governance structure. Additionally, the organization excels in its program expense ratio, allocating 99.60% of its funds directly to its programs.
However, the charity's overall score is solely based on the Accountability & Finance beacon, which may limit its assessment of other operational aspects and overall impact. While the financial management is commendable, potential donors may want to explore the charity's program effectiveness and impact to get a fuller understanding of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Philanthropic Trust legitimate?
Nebraska Philanthropic Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Philanthropic Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,349
For more financial information, click here
What is the mission statement of Nebraska Philanthropic Trust?
The Nebraska Philanthropic Trust's mission is centered around benefiting the state of Nebraska. They achieve this by engaging in public/private partnerships, primarily focusing on fundraising and project management. Initially, their purpose was to improve the general welfare of Nebraska by providing financial support to public and charitable institutions and aiding in the construction of facilities that contribute to this goal. In 2019, the organization entered into an agreement with the University of Nebraska to assist in the development of baseball and softball facilities for the students at the University of Nebraska at Omaha.
Who is the CEO of Nebraska Philanthropic Trust?
Jennifer Callahan is the President And Director of Nebraska Philanthropic Trust.
What is the revenue of Nebraska Philanthropic Trust?
Nebraska Philanthropic Trust's revenue in 2022 was $1,767,990.
Who are the executives of Nebraska Philanthropic Trust and what are their salaries?
The average compensation at Nebraska Philanthropic Trust during 2022 was $26,349. There is 1 employee at Nebraska Philanthropic Trust.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $300,865
- Other: $22,595
- Compensation: $2,210
- Related: $19,655
- Other: $0
- Compensation: $14,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nebraska Philanthropic Trust?
Nebraska Philanthropic Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nebraska Philanthropic Trust
Nebraska Philanthropic Trust, as an organization, is dedicated to contributing positively to Nebraska's wellbeing. This is achieved through the strategic planning, execution, and management of public-private partnerships, with a particular focus on fundraising and project management. The primary goal of Nebraska Philanthropic Trust is to improve the state's general welfare. To accomplish this, the organization provides financial support to public and charitable institutions and aids in the construction of facilities that align with this objective.
In the year 2022, Nebraska Philanthropic Trust engaged in several projects, one of which was a collaboration with the University of Nebraska. The aim was to assist in the development of baseball and softball facilities for the students at the University of Nebraska at Omaha. This project demonstrates Nebraska Philanthropic Trust's commitment to enhancing educational opportunities and fostering a sense of community within the state. By supporting such initiatives, the organization is able to contribute to Nebraska's overall development and betterment.
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Impact
July, 2024
Nebraska Philanthropic Trust's impact is felt through its efforts to enhance the general welfare of the state of Nebraska. The organization collaborates on public/private partnerships, emphasizing fundraising and project management. In 2019, it partnered with the University of Nebraska to develop baseball and softball facilities for students at the University of Nebraska at Omaha. Their involvement in various projects in 2022 further demonstrates their commitment to supporting public and charitable institutions and constructing facilities that benefit the community.
This information is meant to be a general summary of Nebraska Philanthropic Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,672
- Gross Receipts: $1,767,990
Assets and Liabilities:
- Total Assets: $3,209,298
- Total Liabilities: $1,729,122
- Net Assets: $1,480,176
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Organization Details
Founding Year
2019
Phone
(402) 391-3190Principal Officer
Jennifer Callahan
Main Address
10340 North 84th Street, Omaha, NE, 68122
NTEE Category
Code: T30 - Philanthropy
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