Otis Glebe Medical

LINCOLN, NE EIN: 20-0780043

Otis Glebe Medical 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 $1.2M in total assets. In 2024, it awarded 1 grants totaling $93K. Net investment income was $206K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+7.0% YoY

Annual Giving

$93K

-5.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$93K

-5.9% YoY

Under IRS private-foundation payout rules, Otis Glebe Medical reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.

About Otis Glebe Medical

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nebraska $492K (100%)

States

Nebraska

Cities

Omaha

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,197,371	$1,118,559	$1,196,551
Revenue	$228,223	$79,440	$11,317
Expenses	$149,409	$157,431	$174,682
Qualifying Distributions	$93,325	$99,146	$109,537
Net Investment Income	$205,886	$54,902	$28,945
Distributable Amount	$96,566	$93,325	$99,146

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Ne Foundation ($93,325).

Recipient	Purpose	Amount
UNIVERSITY OF NE FOUNDATION OMAHA, NE	GENERAL FUND	$93,325

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BETTY KUBICEK	PAST PRESIDENT	—	—
RONALD TALBERT	PRESIDENT	—	$11,655
KIMBERLY ONO	TREASURER/SECRETARY	—	$11,655
COLE TALBERT	VICE PRESIDENT	—	$8,039

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Otis Glebe Medical?

Otis Glebe Medical is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. It holds $1.2M in total assets as of 2024.

How large is Otis Glebe Medical?

As of 2024, Otis Glebe Medical holds $1.2M in total assets with $228K in annual revenue. It awarded 1 grants totaling $93K in 2024.

Where does Otis Glebe Medical operate?

Otis Glebe Medical has awarded grants in Nebraska.

What size grants does Otis Glebe Medical award?

In 2024, Otis Glebe Medical awarded 1 grants totaling $93K — an average of about $93K per grant, based on its IRS Form 990 filings.

How much is Otis Glebe Medical required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Otis Glebe Medical reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.