Phillip and Terri Schrager Foundation
The Phillip and Terri Schrager Foundation is a private foundation based in Omaha, Nebraska. Its 2025 filing lists grants for exempt charitable purposes to organizations in Nebraska.
Phillip and Terri Schrager Foundation at a glance
In short: Phillip and Terri Schrager Foundation gave $1.8M across 27 grants in 2025 (avg $66K), mostly in Nebraska. 4% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,772,685
- +50.8% vs 2024
- Grants made (2025)
- 27
- -15.6% vs 2024
- Average grant
- $65,655
- +78.7% vs 2024
- Median grant
- $10,000
- Total assets
- $565,182
- -23.6% vs 2024
- New grantees (estimate)
- 4% first-time grantees (1 of 27, 2025)
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Phillip and Terri Schrager Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 311 S 89Th Court, Omaha, NE 68114
Phone: (402) 505-6300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Phillip and Terri Schrager Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Jewish Federation of Omaha ($548K). Together the top 10 received $1.7M.
Grant Size Distribution
180 grants across all recorded years
The most common grant size was under $50K: 158 grants of 180 (88%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients listed in Nebraska.
Grant Distribution by State
Share of 2025 grant dollars across all 27 itemized grants.
Cities
Is Phillip and Terri Schrager Foundation open to new grantees?
4%
first-time grantees, 2025
In 2025, 1 of 27 grantees (4%) were first-time recipients. First grants averaged $10K; repeat grants $68K. How we count
Medians: $10K first-time, $10K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving grew 188% from 2022 to 2025. Method
- In 2025 it paid out 500% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $615K (2022) to $3.2M (2021). In 2025 it made 27 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Jewish Federation of Omaha Omaha, NE | Exempt Charitable Purposes | $548,323 |
| Chabad House Omaha, NE | Exempt Charitable Purposes | $503,197 |
| Westside Foundation Omaha, NE | Exempt Charitable Purposes | $274,967 |
| University of Nebraska Foundation Omaha, NE | Exempt Charitable Purposes | $166,799 |
| Community Information Trust Omaha, NE | Exempt Charitable Purposes | $62,344 |
| Boys and Girls Clubs of the Midlands Omaha, NE | Exempt Charitable Purposes | $25,000 |
| Girls Inc of Omaha Omaha, NE | Exempt Charitable Purposes | $25,000 |
| Omaha Conservatory of Music Omaha, NE | Exempt Charitable Purposes | $25,000 |
| Project Harmony Omaha, NE | Exempt Charitable Purposes | $25,000 |
| Food Bank for the Heartland Omaha, NE | Exempt Charitable Purposes | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $565,182 | $237,034 | $1,777,057 | $1,772,685 | 27 | $1,772,685 | $122,216 | $354,411 |
| 2024 | $739,716 | $371,480 | $1,245,986 | $1,175,780 | 32 | $1,175,780 | $343,730 | $355,604 |
| 2023 | $946,104 | $113,777 | $1,097,882 | $1,013,929 | 37 | $1,013,929 | $95,527 | $337,807 |
| 2022 | $1,267,833 | $440,539 | $682,523 | $614,546 | 47 | $614,546 | $428,039 | $341,603 |
| 2021 | $1,425,318 | $413,653 | $3,318,970 | $3,243,867 | 37 | $3,243,867 | $406,153 | $441,873 |
| 2020 | $4,333,785 | $1,746,319 | $1,383,501 | $1,286,375 | 30 | — | $1,735,455 | $408,611 |
Under IRS private-foundation payout rules, Phillip and Terri Schrager Foundation reported a distributable amount of $354K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s listed 2025 grants include support for organizations whose own missions span community services, education, the arts, hunger relief, and child welfare. For example, Food Bank for the Heartland says its mission is to eliminate hunger in the Heartland by ensuring consistent access to healthy foods, while Project Harmony says it works to protect and support children and end child abuse and neglect. Omaha Conservatory of Music describes its work as building a diverse musical community through education and performance.
Grantmaking
In 2025, the foundation reported 27 grants totaling $1,772,685. Individual grants ranged from $270 to $548,323, with a median grant of $10,000. Its largest grants included $548,323 to The Jewish Federation of Omaha, $503,197 to Chabad House, $274,967 to Westside Foundation, and $166,799 to University of Nebraska Foundation. Other listed awards included $62,344 to Community Information Trust and $25,000 each to Boys and Girls Clubs of the Midlands, Girls Inc of Omaha, Omaha Conservatory of Music, and Project Harmony.
Community Information Trust says it was created to oversee the development and operation of Do Space, a technology library in Omaha, and later entered an agreement to fundraise for and manage the Omaha Central Public Library project. The University of Nebraska Foundation says it grows relationships and resources to enable the university to change and save lives. These are the grantees’ descriptions of their own work.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Terri L. Schrager as president; Jeffrey Schrager as vice president; Timothy Schrager as treasurer and director; Angel Goldman as secretary and director; Richard A. Schrager, Harley Schrager, Jack Schrager, and Beth Schrager as directors; and Tiffany Polifka as executive director.
Phillip and Terri Schrager Foundation is led by Terri L. Schrager, President on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Terri L. Schrager
President
On filings since 2020
No compensation reported
Tiffany Polifka
Executive Director
On filings since 2024
20 hrs/week
No compensation reported
Angel Goldman
Secretary & Director
On filings since 2020
No compensation reported
Beth Schrager
Director
On filings since 2020
No compensation reported
Harley Schrager
Director
Treasurer & Director → Director, 2024
On filings since 2020
No compensation reported
Jack Schrager
Director
On filings since 2020
No compensation reported
Richard A. Schrager
Director
On filings since 2020
No compensation reported
Timothy Schrager
Treasurer & Director
Director → Treasurer & Director, 2024
On filings since 2020
No compensation reported
Jeffrey Schrager
Vice President
On filings since 2020
No compensation reported
Former officers (1)
- Former: Carolyn Jackson (2020–2024) — Former Executive Director
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 Phillip and Terri Schrager Foundation
How much does Phillip and Terri Schrager Foundation give each year?
Phillip and Terri Schrager Foundation gave $1.8M across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 32 grants.
What is Phillip and Terri Schrager Foundation's typical grant size?
Phillip and Terri Schrager Foundation's median grant in 2025 was $10,000, and its average grant was $65,655, across 27 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Phillip and Terri Schrager Foundation that year got $10K on average.
Where does Phillip and Terri Schrager Foundation give grants?
Phillip and Terri Schrager Foundation gives mostly in Nebraska: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Omaha, NE (24 grants).
Who are Phillip and Terri Schrager Foundation's largest grantees?
Phillip and Terri Schrager Foundation's largest 2025 grantees include The Jewish Federation of Omaha ($548,323), Chabad House ($503,197) and Westside Foundation ($274,967), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is Phillip and Terri Schrager Foundation?
Phillip and Terri Schrager Foundation reported $565K in total assets on its 2025 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $354K (roughly 5% of its investment assets).
What does Phillip and Terri Schrager Foundation fund?
The foundation’s listed 2025 grants include support for organizations whose own missions span community services, education, the arts, hunger relief, and child welfare. See mission & focus areas ↑
How do I apply for a grant from Phillip and Terri Schrager Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Phillip and Terri Schrager Foundation's EIN?
Phillip and Terri Schrager Foundation's EIN (Employer Identification Number) is 23-7184025. IRS Form 990 filing data is available on this page for 2020–2025.
Does Phillip and Terri Schrager Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 8, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Phillip and Terri Schrager Foundation funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in Phillip and Terri Schrager Foundation's focus areas in our free grants database
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Funders that support many of the same organizations
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Jewish Federation of Omaha Foundation
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Cite this profile
Grantable. (2026). Phillip and Terri Schrager Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/phillip-and-terri-schrager-foundation-morg_08bd3026130b456d8bca62bfd0a05ec3
BibTeX
@misc{grantable_237184025_2026,
author = {{Grantable}},
title = {{Phillip and Terri Schrager Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/phillip-and-terri-schrager-foundation-morg_08bd3026130b456d8bca62bfd0a05ec3},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Phillip and Terri Schrager Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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