OEA Foundation Inc is a private 501(c)(3) foundation established in 1964 to serve as the educational and charitable arm of the Omaha Education Association. Based in Omaha, Nebraska, the foundation has been tax-exempt since June 2020 and operates as a private grantmaking foundation focused on educational scholarships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$383K
-0.4% YoY
Grant Count
77
-2.5% YoY
Avg Grant Size
$5K
+2.2% YoY
Mission & Focus Areas
The OEA Foundation was established to serve as the educational and charitable arm of the Omaha Education Association. The foundation's primary focus is awarding scholarships to high school graduates. Through the years, the foundation has funded over 100 different scholarships annually, with many scholarships designated for specific high schools where winners are chosen by those schools.
Grantmaking
The OEA Foundation awards scholarships ranging from $500 to $15,000 to high school graduates. The foundation made 77 grants in its most recent fiscal year (2024).
Review Cycle
are set annually (the 2025-2026 deadline is March 10, 2026). Applicants can submit applications electronically or by mail, with options to upload transcripts, letters of recommendation, and photos.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds scholarships in Nebraska, with a focus on the Omaha area. Many scholarships are designated for specific high schools in the region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $5,622,767
- Total Revenues: $504,447
- Total Expenses: $420,379
- Total Liabilities: $22,200
- Total Giving: $382,900
The foundation receives donations from educators, parents, and community members. These donations are invested in an endowment fund, with earnings used to provide scholarships for deserving students. Interest income and investment income support scholarship payouts, and proceeds from securities sales are used for scholarships or reinvested.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mary Moberg serves as Trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTA SUE DODD | VICE-PRESIDENT | 0.5 | — |
| LIZ REA | PRESIDENT | 0.5 | — |
| SUSAN KALINA | TRUSTEE | 0.5 | — |
| CAROL KREJCI | TRUSTEE | 0.5 | — |
| DOREEN JANKOVICH | SECRETARY | 0.5 | — |
| HOPE SMEJKAL | TRUSTEE | 0.5 | — |
| ROBERT MILLER | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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