Ben Novicoff Foundation Charitable Trust

LINCOLN, NE EIN: 87-6740629

Ben Novicoff Foundation Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-3.9% YoY

Annual Giving

$55K

+19.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$55K

+19.1% YoY

Under IRS private-foundation payout rules, Ben Novicoff Foundation Charitable Trust reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Ben Novicoff Foundation Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nebraska $121K (100%)

States

Nebraska

Cities

Lincoln

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,040,787	$1,083,169	$1,124,447
Revenue	$25,158	$18,225	$-36,583
Expenses	$67,540	$59,503	$32,360
Qualifying Distributions	$54,790	$46,000	$20,000
Net Investment Income	$31,108	$27,692	$640
Distributable Amount	$61,107	$55,247	$55,719

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Univerity of Nebraska Foundation ($54,790).

Recipient	Purpose	Amount
UNIVERITY OF NEBRASKA FOUNDATION LINCOLN, NE	SCHOLARSHIP	$54,790

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST NEBRASKA TRUST COMPANY	TRUSTEE	0.75	$8,985

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ben Novicoff Foundation Charitable Trust?

Ben Novicoff Foundation Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. It holds $1.0M in total assets as of 2024.

How large is Ben Novicoff Foundation Charitable Trust?

As of 2024, Ben Novicoff Foundation Charitable Trust holds $1.0M in total assets with $25K in annual revenue. It awarded 1 grants totaling $55K in 2024.

Where does Ben Novicoff Foundation Charitable Trust operate?

Ben Novicoff Foundation Charitable Trust has awarded grants in Nebraska.

What size grants does Ben Novicoff Foundation Charitable Trust award?

In 2024, Ben Novicoff Foundation Charitable Trust awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.

How much is Ben Novicoff Foundation Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ben Novicoff Foundation Charitable Trust reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ben Novicoff Foundation Charitable Trust's EIN?

Ben Novicoff Foundation Charitable Trust's EIN (Employer Identification Number) is 87-6740629. IRS Form 990 filing data is available on this page for 2022–2024.