Foundation for Educational Funding II
Foundation for Educational Funding II is a public charity based in Lincoln, Nebraska. Its stated mission is to improve access to higher education in Nebraska. Its filing describes support for scholarships, high-school college-access grants, free college-planning services, and EducationQuest Foundation.
Foundation for Educational Funding II at a glance
In short: Foundation for Educational Funding II gave $277K across 20 grants in 2025 (avg $14K), mostly in Nebraska. 10% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $276,843
- +14.0% vs 2024
- Grants made (2025)
- 20
- +5.3% vs 2024
- Average grant
- $13,842
- +8.3% vs 2024
- Median grant
- $14,250
- Total assets
- $203,726,634
- +4.5% vs 2024
- New grantees (estimate)
- 10% first-time grantees (1 of 10, 2025; small sample)
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Foundation for Educational Funding II
- Contact
Mailing address: PO Box 82552, Lincoln, NE 68501-2522
Phone: (402) 479-6617
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Foundation for Educational Funding II funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Columbus High School ($18K). Together the top 9 received $120K.
Organizations only. It also paid 11 grants to individuals ($157,259), which are not listed by name.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was under $50K: 94 grants of 94 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s stated mission and program descriptions focus on Nebraska. All reported grant dollars in filing year 2025 went to recipients in Nebraska.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is Foundation for Educational Funding II open to new grantees?
10%
first-time grantees, 2025
In 2025, 1 of 10 grantees (10%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $14K; repeat grants $29K. How we count
Medians: $14K first-time, $15K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $59K (2021) to $353K (2023). In 2025 it made 20 grants totaling $277K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 11 grants to individuals Recipients not named | — | $157,259 |
| Columbus High School Columbus, NE | College Access | $18,058 |
| Lincoln High School Lincoln, NE | College Access | $15,967 |
| Kearney High School Kearney, NE | College Access | $15,000 |
| Scottsbluff High School Scottsbluff, NE | College Access | $15,000 |
| Hastings High School Hastings, NE | College Access | $13,500 |
| Ralston High School Ralston, NE | College Access | $13,500 |
| Alliance High School Alliance, NE | College Access | $13,470 |
| Plattsmouth High School Plattsmouth, NE | College Access | $8,939 |
| Fremont High School Fremont, NE | College Access | $6,150 |
Ready to take the next step with Foundation for Educational Funding II?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $203,726,634 | $9,573,827 | $12,149,514 | $276,843 | 20 | $8,410,707 |
| 2024 | $195,006,071 | $10,651,296 | $10,808,688 | $242,875 | 19 | $10,524,646 |
| 2023 | $178,085,319 | $7,627,194 | $7,340,976 | $352,612 | 27 | $7,577,157 |
| 2022 | $170,700,093 | $10,445,531 | $7,408,412 | $200,448 | 20 | $10,378,200 |
| 2021 | $200,621,219 | $11,118,124 | $7,004,939 | $59,400 | 8 | $11,026,104 |
| 2020 | $161,530,703 | $9,132,107 | $6,322,624 | $289,111 | 34 | $9,058,757 |
| 2019 | $152,200,462 | $7,229,512 | $6,401,234 | $256,824 | 25 | $7,149,832 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to improve access to higher education in Nebraska. Its filing describes scholarship awards for students attending qualified post-secondary institutions in Nebraska, grants to public high schools and private tax-exempt organizations to support efforts to increase college-going rates, and free college-planning services for Nebraska students and families. The services include college and career exploration, scholarship searches, FAFSA assistance, and information about financial aid options. The filing also describes support for EducationQuest Foundation.
EducationQuest Foundation’s website describes its mission as improving access to higher education in Nebraska. It says it provides free college-planning services, need-based scholarship programs, college-access grants for high schools, middle-school resources, and outreach services for community agencies.
Grantmaking
In filing year 2025, the foundation reported 20 grants totaling $276,843. Grant amounts ranged from $6,150 to $22,759, with a median of $14,250. The largest reported awards included $22,759 to an individual recipient High School, $19,500 to an individual recipient High School, $18,058 to Columbus High School, and $18,000 to an individual recipient High School. Each was designated for college access. Other listed recipients included an individual recipient, Lincoln, Kearney, two individual recipients, Scottsbluff, an individual recipient, and Hastings high schools.
The filing says grantees receive two site visits annually and provide budget and activity reports linking expenses to grant requirements.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Craig Ames as chairman; Elizabeth S. Koop as president, CEO, and director; Daphne Hall as senior vice president; and Eric Drumheller as vice president. Listed directors are Michael Green, Wendy Boyer, Debbie Cooper, Kelly Leeper, Thomas Smith, and Jennifer Strand.
Foundation for Educational Funding II is led by Elizabeth S. Koop, President, CEO & Director since 2023 (on filings since 2019); all 13 officers listed in 2025 are compensated.
Officers on the 2025 filing
Elizabeth S. Koop
President, CEO & Director
President, CEO & Director → President & CEO, 2022
President & CEO → President, CEO & Director, 2023
On filings since 2019
40 hrs/week
$302K (2019) → $389K (2025)
Craig Ames
Chairman
Chairman → Director, 2024
Director → Chairman, 2025
On filings since 2019
1 hr/week
$21K (2019) → $19K (2025)
Debbie Cooper
Director
On filings since 2019
1 hr/week
$11K (2019) → $10K (2025)
Kelly Leeper
Director
On filings since 2019
1 hr/week
$12K (2019) → $12K (2025)
Michael Green
Director
On filings since 2019
1 hr/week
$13K (2019) → $11K (2025)
Thomas Smith
Director
On filings since 2019
1 hr/week
$10K (2019) → $10K (2025)
Wendy Boyer
Director
On filings since 2019
1 hr/week
$12K (2019) → $11K (2025)
Jennifer Strand
Director
On filings since 2021
1 hr/week
$12K (2021) → $12K (2025)
Daphne Hall
Senior Vice President
Senior Vice President → Senior Vice President & Col, 2023
Senior Vice President & Col → Senior Vice President, 2024
On filings since 2019
40 hrs/week
$143K (2019) → $184K (2025)
Eric Drumheller
Vice President
Vice President → Assistant Vice President, 2023
Assistant Vice President → Vice President, 2024
On filings since 2019
40 hrs/week
$98K (2019) → $127K (2025)
Michael J. Timmins
CFO & Senior Vice President
CFO & Senior Vice President → Senior Vice President & Fis, 2023
Senior Vice President & Fis → CFO & Senior Vice President, 2024
On filings since 2019
40 hrs/week
$145K (2019) → $174K (2025)
Regan Anson
Vice President of Communications
Director → Assistant Vice President of Communications, 2024
Assistant Vice President of Communications → Vice President of Communications, 2025
On filings since 2022
40 hrs/week
$32K (2022) → $124K (2025)
Jodi Benjamin
CFO
New on the 2025 filing
40 hrs/week
$41K (2025)
Former officers (2)
- Former: Miguel Carranza (2019–2024) — Director
- Former: Lee Galles (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $389K, to Elizabeth S Koop (President/CEO/Director). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Foundation for Educational Funding II
How much does Foundation for Educational Funding II give each year?
Foundation for Educational Funding II gave $277K across 20 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $243K across 19 grants.
What is Foundation for Educational Funding II's typical grant size?
Foundation for Educational Funding II's median grant in 2025 was $14,250, and its average grant was $13,842, across 20 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Foundation for Educational Funding II that year got $14K on average.
Where does Foundation for Educational Funding II give grants?
Foundation for Educational Funding II gives mostly in Nebraska: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Foundation for Educational Funding II give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Foundation for Educational Funding II's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "College Access" (20 grants).
Who are Foundation for Educational Funding II's largest grantees?
Foundation for Educational Funding II's largest 2025 grantees include Columbus High School ($18,058), Lincoln High School ($15,967) and Kearney High School ($15,000), according to its 2025 IRS Form 990. It also paid 11 grants to individuals ($157,259), which are not listed by name. Together they received 18% of its itemized 2025 grant dollars.
How large is Foundation for Educational Funding II?
Foundation for Educational Funding II reported $203.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.6M.
What does Foundation for Educational Funding II fund?
The organization’s stated mission is to improve access to higher education in Nebraska. See mission & focus areas ↑
How do I apply for a grant from Foundation for Educational Funding II?
Foundation for Educational Funding II has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Foundation for Educational Funding II's EIN?
Foundation for Educational Funding II's EIN (Employer Identification Number) is 31-1777710. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 23, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 24, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 20, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 23, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Foundation for Educational Funding II's focus areas in our free grants database
Similar Funders
Similar funders in Nebraska
The Sherwood Foundation
Omaha, NE
The Sherwood Foundation funds equity and social-justice work in Nebraska, with a focus on urban and rural community partnerships and early childhood education; it supports operating, program, and capital needs. Its 2025 grants had a median of $90,000, though awards varied widely. It does not accept unsolicited requests and uses an invitation-only application process.
Assets
$977.8M
Grants
790
Total Given
$296.3M
Union Pacific Foundation
Omaha, NE
The Union Pacific Foundation funds 501(c)(3) nonprofits in Union Pacific communities, prioritizing direct services and organizational capacity in safety, workforce development, community and public spaces, and local needs. Its 2025 grants ranged from $5,000 to $600,000, with a median of $10,000; it accepts online applications during designated periods.
Assets
$75K
Grants
441
Total Given
$8.2M
The Lozier Foundation
Omaha, NE
The Lozier Foundation funds education, women and girls, North Omaha initiatives, and human services, with a focus on underrepresented communities in the Omaha metro area. Its 2024 grants ranged from $450 to $2 million, with a median of about $38,000; it does not accept unsolicited funding requests and contributes to preselected organizations.
Assets
$437.1M
Grants
450
Total Given
$49.2M
Nebraska Community Foundation
Lincoln, NE
Nebraska Community Foundation supports community development, arts and culture, education, health, recreation, and other local priorities, primarily through grants made by its affiliated funds. Its 2025 grants ranged from $5,250 to $956,500, with a median of $17,139; funding is focused statewide in Nebraska, and the profile does not state whether unsolicited requests are accepted.
Assets
$277.7M
Grants
409
Total Given
$16.7M
The Susan Thompson Buffett Foundation
Omaha, NE
The foundation funds Nebraska college scholarships and charitable organizations, particularly in reproductive and international health; its 2025 grants had a median of about $603,000, with awards ranging from $3,425 to $80.5 million. Its grants reach organizations in the U.S. and internationally, while scholarships are limited to eligible Nebraska students attending Nebraska public colleges. It funds only preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$2.7B
Grants
417
Total Given
$1.5B
Lincoln Community Foundation Inc
Lincoln, NE
Lincoln Community Foundation funds nonprofit operations, programs, and capital projects in arts and culture, community improvement, education and youth, the environment and animals, and health and human services. Its 2024 grants had a median of $23,420, with awards ranging from $5,027 to $1,585,362; Open Door Grants serve organizations in or providing services in Lincoln/Lancaster County, Nebraska. It accepts Open Door Grant applications year-round and reviews them monthly.
Assets
$250.9M
Grants
379
Total Given
$21.9M
More similar funders
More Funders in Nebraska
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Foundation for Educational Funding II's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Foundation for Educational Funding II down — hundreds of funders to go?