Michael Krantz Endowment Education

Foundation · Grantmaker OMAHA, NE EIN: 74-6512550

Michael Krantz Endowment Education is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $374K in total assets. In 2024, it awarded 1 grants totaling $23K. Net investment income was $53K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$374K

+6.8% YoY

Annual Giving

$23K

-4.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$23K

-4.2% YoY

Under IRS private-foundation payout rules, Michael Krantz Endowment Education reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Michael Krantz Endowment Education

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 $116K (100%)

States

Nebraska

Cities

Crete

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$373,682	$349,969	$345,286
Revenue	$55,167	$37,968	$7,730
Expenses	$31,454	$33,285	$35,361
Qualifying Distributions	$23,000	$24,000	$25,261
Net Investment Income	$53,021	$35,511	$9,835
Distributable Amount	$23,351	$22,136	$23,620

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Doane University ($23,000).

Recipient	Purpose	Amount
DOANE UNIVERSITY CRETE, NE	TO PROVIDE SCHOLARSHIPS TO DOANE COLLEGE STUDENTS	$23,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SECURITY NATIONAL BANK TRUST	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Michael Krantz Endowment Education?

Michael Krantz Endowment Education is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. It holds $374K in total assets as of 2024.

How large is Michael Krantz Endowment Education?

As of 2024, Michael Krantz Endowment Education holds $374K in total assets with $55K in annual revenue. It awarded 1 grants totaling $23K in 2024.

Where does Michael Krantz Endowment Education operate?

Michael Krantz Endowment Education has awarded grants in Nebraska.

What size grants does Michael Krantz Endowment Education award?

In 2024, Michael Krantz Endowment Education awarded 1 grants totaling $23K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Michael Krantz Endowment Education required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael Krantz Endowment Education reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael Krantz Endowment Education's EIN?

Michael Krantz Endowment Education's EIN (Employer Identification Number) is 74-6512550. IRS Form 990 filing data is available on this page for 2020–2024.