New Cassel Foundation
The New Cassel Foundation provides financial and public relations support for the mission, ministry, programs and services of new cassel retirement center and the franciscan centre. It is accountable to the board of directors of new cassel, inc.
Key facts about New Cassel Foundation
In short: New Cassel Foundation gave $412K across 1 grant in 2025 (avg $412K), mostly in Nebraska. Source: 2025 IRS Form 990.
- EIN
- 47-0825033
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $411,620
- Grants made (2025)
- 1
- Average grant
- $411,620
- Median grant
- $411,620
- Total assets
- $4,947,228
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$4.9M
+27.3% YoY
Annual Giving
$412K
-63.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$412K
-63.8% YoY
How New Cassel Foundation gives
- Giving fell 43% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About New Cassel Foundation
Based on IRS filings
New Cassel Foundation is a public charity focused on Housing & Shelter, based in Omaha, NE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.9M in total assets. In 2025, it awarded 1 grant totaling $412K. Net investment income was $125K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $412K (2025) to $1.1M (2024). In 2025 it made 1 grant totaling $412K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was New Cassel Inc ($412K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Cassel Inc Omaha, NE | To Support Operations | $411,620 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,947,228 | $3,886,355 | $4,430,916 |
| Revenue | $1,382,466 | $505,978 | $1,461,992 |
| Expenses | $599,401 | $1,312,814 | $1,079,581 |
| Net Investment Income | $124,954 | $121,278 | $340,196 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 17, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 22, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 3, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
New Cassel Foundation is led by Cindy Petrich, President on every filing since 2020; none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cindy Petrich
President
On filings since 2020
32 hrs/week
No compensation reported
Dan Wieberg
Chair
Trustee → Chair, 2021
On filings since 2020
1 hr/week
No compensation reported
Dan Pape
Trustee
On filings since 2020
1 hr/week
No compensation reported
James Ambrose
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mark Kresl
Trustee
On filings since 2022
1 hr/week
No compensation reported
Paul Smith
Trustee
On filings since 2023
1 hr/week
No compensation reported
Sr Mary Ann Schmieding
Trustee
On filings since 2023
1 hr/week
No compensation reported
Cheri Mundt
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Mike Ebeling
Vice Chair
Trustee → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Tracy Lichti
Secretary
On filings since 2020
1 hr/week
No compensation reported
Ryan Ames
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Michael Almond
CFO - Nci
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: Sherry Mundt (2023–2024) — Trustee
- Former: Sr Joan Wageman (2020–2023) — Trustee
- Former: Trent Bausch (2020–2023) — Trustee
- Former: Jim Smith (2023) — Trustee
- Former: Ed Finan (2020–2021) — Trustee
- Former: John Coffey (2020–2021) — Treasurer
- Former: Lauren Morris (2020–2021) — Chair
- Former: Marty Beerman (2020–2021) — Trustee
- Former: Michelle Casio (2020) — Vice Chair
- Former: Tim Reed (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Cassel Foundation
How much does New Cassel Foundation give each year?
New Cassel Foundation gave $412K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 1 grant.
How large is New Cassel Foundation?
New Cassel Foundation reported $4.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4M.
What is New Cassel Foundation?
New Cassel Foundation is a public charity focused on Housing & Shelter, based in Omaha, NE. It holds $4.9M in total assets as of 2025.
Where does New Cassel Foundation operate?
New Cassel Foundation has awarded grants in Nebraska.
What is New Cassel Foundation's EIN?
New Cassel Foundation's EIN (Employer Identification Number) is 47-0825033. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching New Cassel Foundation by hand.
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