Nelnet Foundation

LINCOLN, NE EIN: 20-2202134

Nelnet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 1 grants totaling $2.9M. Net investment income was $732K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.6M

-5.9% YoY

Annual Giving

$2.9M

-4.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.9M

-4.4% YoY

About Nelnet Foundation

Based on IRS filings

Nelnet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 1 grants totaling $2.9M. Net investment income was $732K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Lincoln

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$15,624,556$16,609,224$16,225,922
Revenue$2,129,205$4,055,790$5,693,808
Expenses$2,960,539$3,637,981$3,602,081
Qualifying Distributions$2,858,661$2,990,718$3,571,025
Net Investment Income$732,467$1,251,500$969,578
Distributable Amount$1,259,333$1,180,333$1,151,779

Giving Over Time

Total grant dollars and number of grants per year

$0$890K$2M$3M$4M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE$2.9M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

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

NameTitleHoursCompensation
BEN KISERPRESIDENT1
JIM KRUGERVICE PRESIDENT, TREASURER1
BILL MUNNSECRETARY1
THOMAS E HENNINGDIRECTOR1
KATHY FARRELLDIRECTOR1
KIMBERLY RATHDIRECTOR1
DAVID GRAFFDIRECTOR1
PREETA D BANSALDIRECTOR1
MICHAEL DUNLAPDIRECTOR1
MATTHEW DUNLAPDIRECTOR1
ADAM PETERSONDIRECTOR1
JONA VAN DEUNDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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