Richard Kalvelage Gift Trust

NELIGH, NE EIN: 47-6234969

Richard Kalvelage Gift Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NELIGH, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 12 grants totaling $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+15.9% YoY

Annual Giving

$56K

+76.6% YoY

Grant Count

+9.1% YoY

Avg Grant Size

$5K

+61.9% YoY

Under IRS private-foundation payout rules, Richard Kalvelage Gift Trust reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard Kalvelage Gift Trust

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 $217K (100%)

States

Nebraska

Cities

BartlettBrunswickClearwaterElginNelighNorfolkOakdalePetersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,001,718	$864,432	$853,455
Revenue	$566,789	$425,207	$536,223
Expenses	$414,969	$429,230	$496,852
Qualifying Distributions	$127,696	$52,940	$82,047
Net Investment Income	—	$41,417	$12,418
Distributable Amount	$71,808	$73,073	$73,134

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

62 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pope John Central Catholic ($17,000), Carey Charitable Trust ($10,000), Neligh Senior Citizens Center ($5,000).

Recipient	Purpose	Amount
ST JOHN'S PARISH PETERSBURG, NE	COMMUNITY ACTIVITY	$2,500
CLEARWATER VETERANS PARK CLEARWATER, NE	COMMUNITY ACTIVITY	$500
POPE JOHN CENTRAL CATHOLIC ELGIN, NE	COMMUNITY ACTIVITY	$17,000
NELIGH SENIOR CITIZENS CENTER NELIGH, NE	COMMUNITY ACTIVITY	$5,000
ST BONIFACE CHURCH ELGIN, NE	COMMUNITY ACTIVITY	$750
ELGIN PUBLIC LIBRARY ELGIN, NE	COMMUNITY ACTIVITY	$1,600
NELIGH PUBLIC LIBRARY NELIGH, NE	COMMUNITY ACTIVITY	$1,000
ELGIN COMMUNITY CENTER ELGIN, NE	UNRESTRICTED	$5,000
PIERSON WILDLIFE MUSEUM NELIGH, NE	UNRESTRICTED	$5,000
CAREY CHARITABLE TRUST NELIGH, NE	UNRESTRICTED	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES J MCNALLY TRUSTEE	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Richard Kalvelage Gift Trust?

Richard Kalvelage Gift Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NELIGH, NE. It holds $1.0M in total assets as of 2024.

How large is Richard Kalvelage Gift Trust?

As of 2024, Richard Kalvelage Gift Trust holds $1.0M in total assets with $567K in annual revenue. It awarded 12 grants totaling $56K in 2024.

Where does Richard Kalvelage Gift Trust operate?

Richard Kalvelage Gift Trust has awarded grants in Nebraska.

What size grants does Richard Kalvelage Gift Trust award?

In 2024, Richard Kalvelage Gift Trust awarded 12 grants totaling $56K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Richard Kalvelage Gift Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Kalvelage Gift Trust reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.