The Berglund-westlund Foundation

Foundation · Grantmaker OMAHA, NE EIN: 26-1218343

The Berglund-westlund Foundation is a private foundation, based in OMAHA, NE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $138K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+10.2% YoY

Annual Giving

$55K

-51.7% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$55K

+45.0% YoY

Under IRS private-foundation payout rules, The Berglund-westlund Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

About The Berglund-westlund Foundation

Based on IRS filings

The Berglund-westlund Foundation is a private foundation, based in OMAHA, NE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $138K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

HordvilleOmaha

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$48K$97K$145K$194K2021202220232024
Metric202420232022
Total Assets$1,144,208$1,038,075$1,071,658
Revenue$176,098$107,873$148,807
Expenses$93,346$141,431$129,510
Qualifying Distributions$54,700$113,200$101,000
Net Investment Income$138,452$79,642$120,297
Distributable Amount$113,369$97,425$113,043

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$57K$85K$113K3 grants20213 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FIRST COVENANT CHURCH$55K

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Covenant Church ($54,700).

RecipientPurposeAmount
FIRST COVENANT CHURCH OMAHA, NESUMMER CAMP ACTIVITIES, FAMILY YOUTH OUTING, BUILDING FUND, SALARY FOR CHILDREN'S YOUTH PASTOR, ANNUAL RETREAT, SCHOLARSHIP FUNDING TO ATTEND CAMP$54,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BRIDGES TRUST COMPANYCO-TRUSTEE$22KSTEVE KRAAZCO-TRUSTEE$1KTODD KRAAZCO-TRUSTEE$1KWILLIAM TORSONCO-TRUSTEE$1KSCOTT LICKTEIGCO-TRUSTEE$1K

From 2024 filing

NameTitleHoursCompensation
BRIDGES TRUST COMPANYCO-TRUSTEE10$21,711
STEVE KRAAZCO-TRUSTEE10$1,000
TODD KRAAZCO-TRUSTEE10$1,000
WILLIAM TORSONCO-TRUSTEE10$1,000
SCOTT LICKTEIGCO-TRUSTEE10$1,000

Frequently Asked Questions

How large is The Berglund-westlund Foundation?

As of 2024, The Berglund-westlund Foundation holds $1.1M in total assets with $176K in annual revenue. It awarded 1 grants totaling $55K in 2024.

Where does The Berglund-westlund Foundation operate?

The Berglund-westlund Foundation has awarded grants in Nebraska.

What size grants does The Berglund-westlund Foundation award?

In 2024, The Berglund-westlund Foundation awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.

How much is The Berglund-westlund Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Berglund-westlund Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Berglund-westlund Foundation's EIN?

The Berglund-westlund Foundation's EIN (Employer Identification Number) is 26-1218343. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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