Oldfather Foundation Trust
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.
Key facts about Oldfather Foundation Trust
- EIN
- 27-6972352
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $65,000
- Grants made (2024)
- 11
- Average grant
- $5,909
- Median grant
- $3,000
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2024)
- Total assets
- $885,845
- Primary geography
- Nebraska (72% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Oldfather Foundation Trust funds
By grant dollars, the top recipient states for Oldfather Foundation Trust's 11 itemized 2024 grants were Nebraska (72%) and Colorado (28%). The most frequent recipient cities were Kearney, NE (8 grants) and Lincoln, NE (2 grants). 82% of grants with a stated purpose were for general or operating support.
Is Oldfather Foundation Trust open to new grantees?
9%
first-time grantees, 2024
In 2024, 1 of 11 grantees (9%) were first-time recipients. First grants averaged $250; repeat grants $6K. How we count
Medians: $250 first-time, $4K repeat.
- 91% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
- In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Oldfather Foundation Trust
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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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Elevating Connections ($18,000), Lighthouse ($15,000), Kearney Catholic HS Foundation ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ELEVATING CONNECTIONS Greenwood Village, CO | GENERAL OPERATIONS | $18,000 |
| LIGHTHOUSE Lincoln, NE | GENERAL FUND OPERATIONS | $15,000 |
| KEARNEY CATHOLIC HS FOUNDATION Kearney, NE | GENERAL FUND OPERATIONS | $8,000 |
| KEARNEY BUFFALO COUNTY CASA Kearney, NE | GENERAL OPERATIONS | $7,000 |
| KEARNEY AREA COMMUNITY FOUNDATION Kearney, NE | GENERAL FUNDS OPERATIONS | $4,750 |
| BUFFALO COUNTY COMMUNITY PTR Kearney, NE | GENERAL FUND OPERATIONS | $3,000 |
| NE STATE HISTORICAL SOCIETY FOUNDAT Lincoln, NE | GENERAL FUND OPERATIONS | $3,000 |
| KEARNEY PUBLIC LIBRARY FOUNDATION Kearney, NE | GENERAL FUND OPEATIONS | $2,500 |
| KEARNEY FAMILY YMCA Kearney, NE | YOUTH MEMBERSHIP SUPPORT | $2,500 |
| HELPCARE CLINIC Kearney, NE | GENERAL FUND OPERATIONS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.