Frank M & Alice M Farr Trust
Frank M & Alice M Farr Trust is a private foundation, based in AURORA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 9 grants totaling $227K. Net investment income was $157K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-2.6% YoY
Annual Giving
$227K
-8.4% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$25K
+22.2% YoY
Under IRS private-foundation payout rules, Frank M & Alice M Farr Trust reported a distributable amount of $318K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank M & Alice M Farr Trust
Based on IRS filings
Frank M & Alice M Farr Trust is a private foundation, based in AURORA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 9 grants totaling $227K. Net investment income was $157K.
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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 | $4,825,042 | $4,951,449 | $4,846,253 |
| Revenue | $160,685 | $402,568 | $82,393 |
| Expenses | $287,092 | $297,372 | $309,371 |
| Qualifying Distributions | $277,857 | $294,174 | $301,505 |
| Net Investment Income | $157,418 | $399,967 | $79,232 |
| Distributable Amount | $317,990 | $278,693 | $293,338 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hamilton Community Foundation ($74,630), Bremer Community Center ($50,000), Hampton Public Schools Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HEARTLAND UNITED WAY GRAND ISLAND, NE | IMAGINATION LIBRARY | $5,500 |
| HAMILTON RECREATION INC AURORA, NE | DISC GOLF | $5,000 |
| AURORA DIAMOND SPORTS LLC AURORA, NE | MOWER | $7,450 |
| EDGERTON EXPLORIT CENTER AURORA, NE | EVERBRIGHT EXHIBIT | $17,625 |
| HAMILTON COUNTY FOOD PANTRY AURORA, NE | CAN CARE-A-VAN | $2,500 |
| BREMER COMMUNITY CENTER AURORA, NE | PAC PURCHASE | $50,000 |
| HAMPTON PUBLIC SCHOOLS FOUNDATION HAMPTON, NE | HAMPTON DAYCARE CENTER | $50,000 |
| HEARTLAND UNITED WAY GRAND ISLAND, NE | IMAGINATION LIBRARY | $13,855 |
| HAMILTON COMMUNITY FOUNDATION AURORA, NE | FARR FUND | $74,630 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HERITAGE BANK | CO-TRUSTEE | — | $39,297 |
| EMILY JASNOWSKI | CO-TRUSTEE | — | $12,000 |
Frequently Asked Questions
How large is Frank M & Alice M Farr Trust?
As of 2024, Frank M & Alice M Farr Trust holds $4.8M in total assets with $161K in annual revenue. It awarded 9 grants totaling $227K in 2024.
Where does Frank M & Alice M Farr Trust operate?
Frank M & Alice M Farr Trust has awarded grants in Nebraska.
What size grants does Frank M & Alice M Farr Trust award?
In 2024, Frank M & Alice M Farr Trust awarded 9 grants totaling $227K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Frank M & Alice M Farr Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank M & Alice M Farr Trust reported a distributable amount of $318K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank M & Alice M Farr Trust's EIN?
Frank M & Alice M Farr Trust's EIN (Employer Identification Number) is 47-6144457. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frank M & Alice M Farr Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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