Oldfather Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEARNEY, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $886K in total assets. In 2024, it awarded 11 grants totaling $65K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$886K
+2.5% YoY
Annual Giving
$65K
+0.0% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$6K
+18.2% YoY
Under IRS private-foundation payout rules, Oldfather Foundation Trust reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About Oldfather Foundation Trust
Based on IRS filings
Oldfather Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEARNEY, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $886K in total assets. In 2024, it awarded 11 grants totaling $65K. Net investment income was $7K.
Focus Areas
Ready to take the next step with Oldfather Foundation Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $885,845 | $864,403 | $853,704 |
| Revenue | $100,675 | $88,280 | $21,246 |
| Expenses | $79,233 | $77,581 | $88,786 |
| Qualifying Distributions | $65,000 | $65,000 | $73,500 |
| Net Investment Income | $7,449 | $7,858 | $3,403 |
| Distributable Amount | $69,220 | $61,413 | $62,807 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elevating Connections ($18,000), Lighthouse ($15,000), Kearney Catholic Hs Foundation ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIGHTHOUSE LINCOLN, NE | GENERAL FUND OPERATIONS | $15,000 |
| KEARNEY CATHOLIC HS FOUNDATION KEARNEY, NE | GENERAL FUND OPERATIONS | $8,000 |
| BUFFALO COUNTY COMMUNITY PTR KEARNEY, NE | GENERAL FUND OPERATIONS | $3,000 |
| NE STATE HISTORICAL SOCIETY FOUNDAT LINCOLN, NE | GENERAL FUND OPERATIONS | $3,000 |
| HELPCARE CLINIC KEARNEY, NE | GENERAL FUND OPERATIONS | $1,000 |
| KEARNEY PUBLIC LIBRARY FOUNDATION KEARNEY, NE | GENERAL FUND OPEATIONS | $2,500 |
| KEARNEY BUFFALO COUNTY CASA KEARNEY, NE | GENERAL OPERATIONS | $7,000 |
| ELEVATING CONNECTIONS GREENWOOD VILLAGE, CO | GENERAL OPERATIONS | $18,000 |
| KEARNEY FAMILY YMCA KEARNEY, NE | YOUTH MEMBERSHIP SUPPORT | $2,500 |
| KEARNEY AREA COMMUNITY FOUNDATION KEARNEY, NE | GENERAL FUNDS OPERATIONS | $4,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID H OLDFATHER | CO-TRUSTEE | — | — |
| JANE O LIGHT | CO-TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Oldfather Foundation Trust?
Oldfather Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEARNEY, NE. It holds $886K in total assets as of 2024.
How large is Oldfather Foundation Trust?
As of 2024, Oldfather Foundation Trust holds $886K in total assets with $101K in annual revenue. It awarded 11 grants totaling $65K in 2024.
Where does Oldfather Foundation Trust operate?
Oldfather Foundation Trust has awarded grants in Colorado, Nebraska.
What size grants does Oldfather Foundation Trust award?
In 2024, Oldfather Foundation Trust awarded 11 grants totaling $65K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Oldfather Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Oldfather Foundation Trust reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oldfather Foundation Trust's EIN?
Oldfather Foundation Trust's EIN (Employer Identification Number) is 27-6972352. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Oldfather Foundation Trust's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Bryan Hospital Kearney
KEARNEY, NE
Assets
$384.9M
Grants
2
Total Given
$11K
Johnson Student Scholarship & Loan
ORD, NE
Assets
—
Grants
0
Total Given
—
Saint Elizabeth Regional Medical Center
LINCOLN, NE
Assets
$483.9M
Grants
6
Total Given
$546K
The Charles and Mary Heider
OMAHA, NE
Assets
—
Grants
151
Total Given
$30.8M
Phillip and Terri Schrager Foundation
OMAHA, NE
Assets
$740K
Grants
32
Total Given
$1.2M
Fraternal Ord of Eagles Aerie 592
HASTINGS, NE
Assets
$134K
Grants
1
Total Given
$8K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Oldfather Foundation Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Oldfather Foundation Trust to a real strategy.