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JOHN C & NETTIE V DAVID MEMORIAL TRUST

EDINA, MN 510159851

The John C & Nettie V David Memorial Trust, based in Edina, MN, supports educational initiatives in Lincoln, NE, with assets of $3.2 million and is managed by trustees Ernest and Eric Lindstrom.

Overview

About JOHN C & NETTIE V DAVID MEMORIAL TRUST

The John C & Nettie V David Memorial Trust is a charitable trust based in Edina, Minnesota, with assets totaling $3,212,084. The trust focuses on funding educational initiatives, particularly in Lincoln, Nebraska. In the most recent fiscal period, the trust reported expenses of $282,195 and revenue of $118,484. The trust is managed by two trustees: Ernest A. Lindstrom, who works 5 hours and receives $5,000 in compensation, and Eric J. Lindstrom, who works 15 hours and receives $21,280 in compensation. The trust does not have a public website.

Focus Areas

Education

Geographic Focus

NE
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $3.2M
Total Awarded This Year $210K
Average Grant Size $210K
Total Grants (Previous Year) 247
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
EDINA, MN US
Geographic Funding Distribution

Financials

Total Assets
$3,212,084

in 2024, compared to $3,339,400 in 2023

Annual Grants
$210,000

1 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
3 grants found
Amount
Recipient
Purpose Location
Year
$210,000 UNIV OF NEBRASKA FNDN
CANCER RESEARCH/EDUCATION
1010 LINCOLN MALL STE 300 LINCOLN, NE US 2022
$210,000 UNIV OF NEBRASKA FOUNDATION
CANCER RESEARCH/EDUCATION
1010 LINCOLN MALL STE 300 LINCOLN, NE US 2023
$210,000 UNIV OF NEBRASKA FOUNDATION
CANCER RESEARCH/EDUCATION
1010 LINCOLN MALL STE 300 LINCOLN, NE US 2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

EJL

ERIC J LINDSTROM

TRUSTEE

$25,028 2022
EJL

ERIC J LINDSTROM

Trustee

$21,695 2023
EJL

ERIC J LINDSTROM

Trustee

$21,280 2024
EAL

ERNEST A LINDSTROM

TRUSTEE

$5,000 2022
EAL

ERNEST A LINDSTROM

Trustee

$5,000 2023
Showing 5 of 6 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024