NonprofitsFoundation For Educational Funding

Education

Foundation For Educational Funding

LINCOLN, NE

Total revenue

$10.7M

Total expenses

$10.8M

Net assets

$192.6M

Grants received

EIN

311777710

Tax year

2023

Mission

Improve access to higher education in nebraska: this organization's exclusive purpose is to operate as a supporting organization by conducting or supporting activities for the benefit or to perform the function of, or to carry out the purposes of, educationquest foundation, a nebrasaka nonprofit organization under section 501(c)(3), 509(a)(2) of the internal revenue code.

Programs

3 programs

Grant awards to high schools, either public or private tax-exempt organizations, to enhance efforts to increase their college-going rates. (awards determined using objective nondiscriminatory criteria.)

Expenses: $958KGrants: $422K

Free college planning services including college research, exploration of career options, scholarship search, fafsa completion and filing, and financial aid options. (available to all students and families in nebraska regardless of college destination.) three offices in nebraska open to the public: kearney, lincoln, and omaha.

Expenses: $3.6M

To support educationquest foundation to provide access to higher education in nebraska.

Expenses: $2.8M

Financials

FY 2023

Revenue

Contributions & grants$121K
Program service revenue$5K
Investment income$10.5M
Other revenue
Total revenue$10.7M

Expenses

Grants paid$1.0M
Salaries & benefits$3.7M
Fundraising
Other expenses$6.0M
Total expenses$10.8M
Total assets$195.0M
Net assets$192.6M

People

13 listed

NameRoleCompensation

ELIZABETH S KOOP

PRESIDENT/CEO/DIRECTOR

Board

$368K

40 hrs/wk

MICHAEL J TIMMINS

CFO/SENIOR VICE PRESIDENT

Board

$186K

40 hrs/wk

DAPHANE HALL

SENIOR VICE PRESIDENT

Board

$174K

40 hrs/wk

ERIC DRUMHELLER

VICE PRESIDENT

Board

$121K

40 hrs/wk

REGAN ANSON

ASSISTANT VP OF COMMUNICATION

Board

$115K

40 hrs/wk

CRAIG AMES

DIRECTOR

Board

$22K

1 hrs/wk

KELLY LEEPER

DIRECTOR

Board

$14K

1 hrs/wk

MICHAEL GREEN

DIRECTOR

Board

$14K

1 hrs/wk

DEBBIE COOPER

DIRECTOR

Board

$13K

1 hrs/wk

WENDY BOYER

DIRECTOR

Board

$12K

1 hrs/wk

THOMAS SMITH

DIRECTOR

Board

$10K

1 hrs/wk

JENNIFER STRAND

DIRECTOR

Board

$10K

1 hrs/wk

MIGUEL CARRANZA

DIRECTOR

Board

$7K

1 hrs/wk

Independent contractors

MERCER

INVESTMENT CONSULTING

$170K

Details

EIN311777710
NTEE codeB82
Subsection03
Ruling date2002-08
Formed2001
Employees5
Volunteers15
FOUNDATION FOR EDUCATIONAL FUNDING — Mission, Financials & Grants Received | Grantivo