Phillip and Terri Schrager Foundation
The Phillip and Terri Schrager Foundation is a private foundation based in Omaha, Nebraska, established in 1972. Operating as a 501(c)(3) organization, the foundation supports charitable, educational, religious, and scientific purposes through grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$740K
-21.8% YoY
Annual Giving
$1.2M
+16.0% YoY
Grant Count
32
-13.5% YoY
Avg Grant Size
$37K
+34.1% YoY
Mission & Focus Areas
The foundation's mission is to conduct and support activities for the benefit of the Jewish Federation of Omaha, Inc. and other organizations operated exclusively for charitable, educational, religious, or scientific purposes as described in IRC Section 501(c)(3).
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Jewish community support and services
Grantmaking
The foundation made 30 grants in its most recent reporting year. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Nebraska, Colorado, and Virginia, with a particular emphasis on the Omaha area and Jewish community initiatives.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $739,716
- Total Revenues: $371,480
- Total Expenses: $1,245,986
- Number of Employees: 0
Historical Data (2023):
- Total Assets: $946,104
- Total Giving: $1,013,929
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $739,716 | $946,104 | $1,267,833 |
| Revenue | $371,480 | $113,777 | $440,539 |
| Expenses | $1,245,986 | $1,097,882 | $682,523 |
| Qualifying Distributions | $1,175,780 | $1,013,929 | $614,546 |
| Net Investment Income | $343,730 | $95,527 | $428,039 |
| Distributable Amount | $355,604 | $337,807 | $341,603 |
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
183 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
Terri Schrager serves as Principal Officer of the foundation.
The foundation is supported by the Harley and Beth Schrager Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRI L SCHRAGER | PRESIDENT | — | — |
| RICHARD A SCHRAGER | DIRECTOR | — | — |
| HARLEY SCHRAGER | DIRECTOR | — | — |
| TIMOTHY SCHRAGER | TREASURER/DIRECTOR | — | — |
| JEFFREY SCHRAGER | VICE PRESIDENT | — | — |
| ANGEL GOLDMAN | SECRETARY/DIRECTOR | — | — |
| JACK SCHRAGER | DIRECTOR | — | — |
| CAROLYN JACKSON | FORMER EXECUTIVE DIRECTOR | 20 | $10,000 |
| BETH SCHRAGER | DIRECTOR | — | — |
| TIFFANY POLIFKA | EXECUTIVE DIRECTOR | 20 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to administer the Phillip & Terri Schrager Distinguished Teaching Award program, recognizing outstanding educators in the Omaha area. Award winners have been announced for both 2023 and 2024.
2024 Phillip & Terri Schrager Foundation Distinguished Teaching Award WinnersRelated Funders
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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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