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Financials 

Mid-Nebraska Community Foundation is an IRS-qualified 501(c)(3) public charitable organizationDonations are tax deductible as charitable contributions for income tax purposes to the extent allowed by law. 

In order to fulfill the purposes of the many charitable funds that we administer, we strive to have accurate financial accounting, prudent investment of assets as well as effective and efficient administrative operations.  

 

Financial Highlights

Year established:  1978

Type of Organization:  501(c)(3) public charitable organization

Federal Identification Number:  47-0604965

Number of Funds Administered:   About 300 charitable and scholarship funds

Total Assets:  $26,921,000 as of May 31, 2020

Charitable Grants Paid:  $1,084,000 in fiscal year 2019-2020

Scholarships Paid:  $227,000 in fiscal year 2019-2020

Administrative Expense Ratio:  1.1% of total assets in fiscal year 2019-2020

Investments

We invest long-term funds and endowments for long-term performance.  For the fiscal years beginning June 1980 through May 2020, long-term investments had returns that averaged 7.44% per year.  As a 501(c)(3) charitable organization, investment returns are tax-exempt.  Our long-term funds were invested 67% in stocks and other equities, 28% in fixed income securities and 5% in cash equivalents as of December 31, 2019.

Audited Financial Statements

Our financial statements are audited each year by the CPA firm of RJ Meyer & Associates, LLC, North Platte NE.  Contact us if you would like a copy of our Audited Financial Statements.

IRS Form 990 Return

Mid-Nebraska Community Foundation annually files an IRS Form 990.  Contact us if you would like a copy of our IRS Form 990.  Our IRS Form 990 typically is available on the web sites of monitoring organizations such as GuideStar and Charity Navigator.

Community Fundraising Campaigns

  • Help renovate North Platte Community Playhouse
    Help renovate North Platte Community Playhouse

    Help make needed renovations at the North Platte Community Playhouse’s Neville Center for Performing Arts in the historic Fox Theatre Building. To donate online to the North Platte Community Playhouse Fund go to the Donate page on this website.

  • Help develop the Prairie Arts Center
    Help develop the Prairie Arts Center

    To donate online to the Prairie Arts Center Building Fund go to the Donate page on this website.

  • Sutherland Anchor Memorial Park Fund
    Sutherland Anchor Memorial Park Fund

    Help develop Anchor Memorial Park into a wonderful asset for the Village of Sutherland. To donate online to Sutherland Anchor Memorial Park Fund go to the Donate page on this website.

  • Add connections to North Platte trails
    Add connections to North Platte trails

    Help add connecting trail segments to North Platte trails.  To donate online to North Platte Trails Network Fund go to the Donate page on this website.

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