The Jet Award Foundation & Trust logo

The Jet Award Foundation & Trust

Public charity · Grantmaker Lincoln, NE EIN: 81-2280198 Website

The foundation's primary mission is to help end generational poverty by raising money for the johnny rodgers career and technical scholarships. Providing support to students with financial need in the way of a two year scholarship, enabling them to pursue degrees in career and technical education programs at metropolitan community college (MCC) in omaha. The jet award foundation and trust also annually celebrates the elite kick-off and punt returner in college football. Despite the recognition given to various positions in college football through postseason awards, the return specialist has been overlooked until the establishment of the jet award. The foundation aims to honor and acknowledge the best return specialist in college football each year.

Key facts about The Jet Award Foundation & Trust

In short: The Jet Award Foundation & Trust gave $366K across 1 grant in 2025 (avg $366K), mostly in Nebraska. Source: 2025 IRS Form 990.

EIN
81-2280198
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$365,942
Grants made (2025)
1
Average grant
$365,942
Median grant
$365,942
Total assets
$1,149,298
Primary geography
Nebraska (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.1M

-10.2% YoY

Annual Giving

$366K

+336.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$366K

+772.1% YoY

How The Jet Award Foundation & Trust gives

  • Giving grew 181% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Jet Award Foundation & Trust

Based on IRS filings

The Jet Award Foundation & Trust is a public charity focused on Education, based in Lincoln, NE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $366K. Net investment income was $40K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

OmahaCouncil Bluffs

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $84K (2024) to $366K (2025). In 2025 it made 1 grant totaling $366K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Metropolitan Community College: $366KMetropolitan Community College$366K

The largest 2025 recipient was Metropolitan Community College ($366K).

Grant Size Distribution

6 grants across all recorded years

2<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 6 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Metropolitan Community College Omaha, NEScholarships$365,942

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,149,298$1,279,494$67,431
Revenue$671,347$280,216$497,745
Expenses$611,248$364,888$446,007
Net Investment Income$40,312$20,765—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 6, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 8, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS February 3, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS February 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS September 9, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Jet Award Foundation & Trust is led by Vince Leisey, President on every filing since 2022; 2 of 16 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Vince Leisey

    President

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Johnny Rodgers

    Board Member

    On filings since 2023

    15 hrs/week

    $12K (2023) → $26K (2025)

  • Michael C. Severe

    Executive Di

    On filings since 2023

    40 hrs/week

    $73K (2023) → $135K (2025)

  • William Reed

    Executive Officio

    Board Member → Executive Officio, 2025

    On filings since 2023

    $3K (2024) → $0 (2025)

  • Patrick Z. Alston

    Vice President

    President → Chairman, 2022

    Chairman → Vice President, 2025

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Ruth McCully

    Secretary

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Dick Zacharia

    Treasurer

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Denny Drake

    Board Member

    On filings since 2023

    10 hrs/week

    No compensation reported

  • Jim Siemonsma

    Board Member

    On filings since 2023

    No compensation reported

  • Joni Flynn

    Board Member

    On filings since 2023

    No compensation reported

  • Kurt Wagner

    Board Member

    On filings since 2023

    No compensation reported

  • Lt Colonel Thomas Traylor

    Board Member

    On filings since 2023

    No compensation reported

  • Rob Trebilcock

    Board Member

    On filings since 2023

    No compensation reported

  • Fredrick Stehlik

    Board Member

    On filings since 2024

    No compensation reported

  • Margaret Evans

    Board Member

    New on the 2025 filing

    No compensation reported

  • Mike Alvano

    Board Member

    New on the 2025 filing

    No compensation reported

Former officers (2)
  • Former: David Nesselroad (2023) — Board Member
  • Former: Clifton Hull (2019–2021) — Treasurer

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Michael C Severe — Executive Di: $135KMichael C SevereExecutive Di$135KJohnny Rodgers — Board Member: $26KJohnny RodgersBoard Member$26K

The highest reported compensation on the 2025 filing was $135K, to Michael C Severe (Executive Di). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The Jet Award Foundation & Trust

How much does The Jet Award Foundation & Trust give each year?

The Jet Award Foundation & Trust gave $366K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $84K across 2 grants.

How large is The Jet Award Foundation & Trust?

The Jet Award Foundation & Trust reported $1.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $671K.

What is The Jet Award Foundation & Trust?

The Jet Award Foundation & Trust is a public charity focused on Education, based in Lincoln, NE. It holds $1.1M in total assets as of 2025.

Where does The Jet Award Foundation & Trust operate?

The Jet Award Foundation & Trust has awarded grants in Iowa, Nebraska.

What is The Jet Award Foundation & Trust's EIN?

The Jet Award Foundation & Trust's EIN (Employer Identification Number) is 81-2280198. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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