DOWNTOWN RIVERFRONT TRUST, IN COLLABORATION WITH THE CITY OF OMAHA, THE METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY (MECA) AND A RIVERFRONT REVITALIZATION COMMITTEE HAVE ASSUMED RESPONSIBILITY FOR THE PLANNING, DESIGN AND CONSTRUCTION OF THE NEW TRI-PARK COMPLEX ON THREE CITY OF OMAHA OWNED PROPERTIES CURRENTLY REFERRED TO AS LEWIS AND CLARK LANDING, HEARTLAND OF AMERICA PARK AND GENE LEAHY MALL. DRT IS RESPONSIBLE FOR SECURING PRIVATE DONATIONS FROM THE COMMUNITY TO FUND A PORTION OF THE DEVELOPMENT. MECA IS RESPONSIBLE FOR PAYING PROJECT EXPENSES AS WELL AS ACTIVATING, OPERATING AND MAINTAINING THE DEVELOPMENT. DUE TO THIS RELATIONSHIP, ALMOST ALL FUNDS RAISED BY DRT RELATING TO THIS PROJECT ARE SHOWN AS A GRANTS EXPENSE AND CONTRIBUTIONS PAYABLE TO MECA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.6M
-34.9% YoY
Annual Giving
$392K
-55.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$392K
-55.3% YoY
About Downtown Riverfront Trust
Based on IRS filings
Downtown Riverfront Trust is a nonprofit organization focused on Community Improvement & Capacity Building, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.6M in total assets. In 2024, it awarded 1 grants totaling $392K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,622,822 | $20,920,786 | $78,147,504 |
| Revenue | $398,352 | $894,297 | $3,742,336 |
| Expenses | $516,036 | $1,003,772 | $3,979,303 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,744 | $179,351 | $100,668 |
| Distributable Amount | — | — | — |
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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH STINSON | CHAIRMAN | 1 | — |
| MOGENS C BAY | DIRECTOR | 1 | — |
| W GARY GATES | DIRECTOR | 1 | — |
| JACK KORALESKI | DIRECTOR | 1 | — |
| RACHEL JACOBSON | PRESIDENT | 1 | — |
| DAN WATERS | SECRETARY | 1 | — |
| RANAE KECKEISEN | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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