The assets of Lincoln's top foundations grew to $313,472,313 for the most recent year on record, according to the recently released Nebraska Foundation DataBook, 3rd Ed.
The 528-page DataBook lists every foundation in Nebraska and profiles the top 290 Nebraska grantmaking foundations, whose assets represent more than 99% of all Nebraska foundation assets. The DataBook is the only directory in Nebraska that lists every one of the 8,677 grants awarded by the state's largest foundations.
There are 59 Lincoln foundations profiled in the DataBook. The combined total of the grants awarded by Lincoln foundations was $17,244,943. Lincoln nonprofit organizations received 1,094 grants with a combined total of $11,001,273. The average grant to Lincoln nonprofit organizations was $10,056.
Each of the 8,677 grants made by the profiled foundations is described using the 26 Major Field Areas of the National Taxonomy of Exempt Entities (NTEE) classification system, developed specifically to categorize nonprofit organizations. The top categories of foundation grants in Lincoln were: 259 grants classified as Education, with a sub-total of $5,319,980; 169 grants classified as Human services--other, multipurpose, with a sub-total of $1,356,159; 181 grants classified as Arts, culture, humanities, with a sub-total of $956,920.
Lincoln's largest foundation is the Lincoln Community Foundation, whose assets of $39,293,403 give it a state-wide ranking of 7, as compared to the other 289 foundations profiled. The largest Lincoln grant, made by Durham Foundation, was to University Of Nebraska Foundation in the amount of $500,000. The purpose was: Capital improvements.
The combined asset amount of Nebraska's top 290 foundations is $1,775,506,963. The foundations profiled in the DataBook are identified by careful cross checking of IRS and state public records (starting with the IRS 990 tax returns foundations are required to file).
A sample page from the Nebraska Foundation DataBook, 3rd Ed. and screen-shots of the CD version of the DataBook are available at www.FoundationDataBook.com. The DataBook is published by C&D Publishing, Portland, OR, (503) 223-2157.
