The Craig and Elizabeth Jessen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 4 grants totaling $38K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$898K
+10.7% YoY
Annual Giving
$38K
+1.3% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$9K
-24.0% YoY
Under IRS private-foundation payout rules, The Craig and Elizabeth Jessen reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About The Craig and Elizabeth Jessen
Based on IRS filings
The Craig and Elizabeth Jessen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 4 grants totaling $38K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $898,106 | $811,256 | $749,447 |
| Revenue | $33,487 | $21,270 | $10,027 |
| Expenses | $39,274 | $38,586 | $5,867 |
| Qualifying Distributions | $37,700 | $37,200 | $4,870 |
| Net Investment Income | $33,195 | $20,998 | $10,027 |
| Distributable Amount | $43,485 | $37,798 | $37,066 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madonna Foundation ($25,000), Sheridan Lutheran Church ($11,700), Ruff Rescue ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| RUFF RESCUE ADAMS, NE | SUPPORT ORGANIZATION | $500 |
| SHERIDAN LUTHERAN CHURCH LINCOLN, NE | SUPPORT ORGANIZATION | $11,700 |
| MADONNA FOUNDATION LINCOLN, NE | SUPPORT ORGANIZATION | $25,000 |
| GUARDIANS FOR FELINES LINCOLN, NE | SUPPORT ORGANIZATION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRAIG JESSEN | PRESIDENT/TREASURER | 1 | — |
| ELIZABETH JESSEN | VICE PRESIDENT/SECRETARY | 1 | — |
| ALEXIS SANDMAN | DIRECTOR | — | — |
| ALICIA KETTELHAKE | DIRECTOR | — | — |
| ALAINA LINAFELTER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Craig and Elizabeth Jessen?
The Craig and Elizabeth Jessen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. It holds $898K in total assets as of 2024.
How large is The Craig and Elizabeth Jessen?
As of 2024, The Craig and Elizabeth Jessen holds $898K in total assets with $33K in annual revenue. It awarded 4 grants totaling $38K in 2024.
Where does The Craig and Elizabeth Jessen operate?
The Craig and Elizabeth Jessen has awarded grants in Nebraska.
What size grants does The Craig and Elizabeth Jessen award?
In 2024, The Craig and Elizabeth Jessen awarded 4 grants totaling $38K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Craig and Elizabeth Jessen required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Craig and Elizabeth Jessen reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Craig and Elizabeth Jessen's EIN?
The Craig and Elizabeth Jessen's EIN (Employer Identification Number) is 85-4350947. 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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