Allen Capital Group Foundation
Allen Capital Group Foundation is a private foundation, based in Grand Island, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 1 grant totaling $5K. Net investment income was $2K.
Allen Capital Group Foundation at a glance
In short: Allen Capital Group Foundation gave $5K across 1 grant in 2024 (avg $5K), mostly in Nebraska. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,500
- -10.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $4,500
- -10.0% vs 2023
- Median grant
- $4,500
- Total assets
- $99,709
- -3.0% vs 2023
- Primary geography
- Nebraska (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Allen Capital Group Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Grand Island Public Schools Foundat ($5K).
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 21 grants of 21 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Allen Capital Group Foundation gives
- Giving fell 36% from 2021 to 2024. Method
- In 2024 it paid out 75% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2024) to $33K (2022). In 2024 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand Island Public Schools Foundat Grand Island, NE | Scholarships (2) Sponsored | $4,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $99,709 | $3,300 | $6,353 | $4,500 | 1 | $4,600 | $1,547 | $6,171 |
| 2023 | $102,762 | $3,413 | $7,002 | $5,000 | 1 | $5,050 | $1,719 | $5,459 |
| 2022 | $106,351 | $78,664 | $34,041 | $33,031 | 7 | $33,031 | $770 | $7,432 |
| 2021 | $61,728 | $2,640 | $7,963 | $7,000 | 5 | $7,000 | $304 | $3,523 |
| 2020 | $67,051 | $2,749 | $24,092 | $20,288 | 7 | — | $555 | $3,848 |
Under IRS private-foundation payout rules, Allen Capital Group Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Allen Capital Group Foundation is led by Eric Allen, President on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eric Allen
President
On filings since 2022
No compensation reported
Jenny Nichol
Secretary
On filings since 2021
No compensation reported
Mark Allen
Vice President
On filings since 2021
No compensation reported
Former officers (3)
- Former: Rick Allen (2020–2021) — President
- Former: Connie Allen (2020) — Vice President & Treasurer
- Former: Courtney Cowardin (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Allen Capital Group Foundation
How much does Allen Capital Group Foundation give each year?
Allen Capital Group Foundation gave $5K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 1 grant.
How large is Allen Capital Group Foundation?
Allen Capital Group Foundation reported $100K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Allen Capital Group Foundation operate?
Allen Capital Group Foundation has awarded grants in Indiana, Missouri, Nebraska.
What is Allen Capital Group Foundation's EIN?
Allen Capital Group Foundation's EIN (Employer Identification Number) is 45-4417075. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Allen Capital Group Foundation funds
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