Joan M Williams McKeen Testamentary

Private foundation · Grantmaker Lincoln, NE EIN: 93-6473625

Joan M Williams McKeen Testamentary is a private foundation, based in Lincoln, NE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grant totaling $30K. Net investment income was $30K.

Key facts about Joan M Williams McKeen Testamentary

In short: Joan M Williams McKeen Testamentary gave $30K across 1 grant in 2024 (avg $30K), mostly in Nebraska. Source: 2024 IRS Form 990-PF.

EIN
93-6473625
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$30,000
Grants made (2024)
1
Average grant
$30,000
Median grant
$30,000
Total assets
$2,442,698
Primary geography
Nebraska (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+22.2% YoY

Annual Giving

$30K

+200.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$30K

+200.0% YoY

Under IRS private-foundation payout rules, Joan M Williams McKeen Testamentary reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

How Joan M Williams McKeen Testamentary gives

  • In 2024 it paid out 33% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Lincoln

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $10K (2023) to $30K (2024). In 2024 it made 1 grant totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Lincoln Community Playhouse: $30KLincoln Community Playhouse$30K

The largest 2024 recipient was Lincoln Community Playhouse ($30K).

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lincoln Community Playhouse Lincoln, NESupport Organization$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2023 2024
Metric20242023
Total Assets$2,442,698$1,999,294
Revenue$175,622$1,955,295
Expenses$43,115$26,353
Qualifying Distributions$36,790$11,635
Net Investment Income$29,616$13,314
Distributable Amount$111,994$40,970

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Joan M Williams McKeen Testamentary is led by William Wood, Trustee on every filing since 2023 — the only officer listed, and compensated.

Officers on the 2024 filing

  • William Wood

    Trustee

    On filings since 2023

    1 hr/week

    $2K (2024)

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

William Wood — Trustee: $2KWilliam WoodTrustee$2K

The highest reported compensation on the 2024 filing was $2K, to William Wood (Trustee).

Frequently asked questions about Joan M Williams McKeen Testamentary

How much does Joan M Williams McKeen Testamentary give each year?

Joan M Williams McKeen Testamentary gave $30K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 1 grant.

How large is Joan M Williams McKeen Testamentary?

Joan M Williams McKeen Testamentary reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $112K (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 Joan M Williams McKeen Testamentary operate?

Joan M Williams McKeen Testamentary has awarded grants in Nebraska.

What is Joan M Williams McKeen Testamentary's EIN?

Joan M Williams McKeen Testamentary's EIN (Employer Identification Number) is 93-6473625. IRS Form 990 filing data is available on this page for 2023–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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