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Passes our checks

Nebraska Philanthropic Trust

EIN 83-2558124 · Omaha, NE

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair53 out of 100GovernanceGood89 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 1869 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE INITIAL PURPOSE OF THE ORGANIZATION IS TO ENHANCE THE GENERAL WELFARE OF THE STATE OF NEBRASKA BY PROVIDING FUNDRAISING SUPPORT TO PUBLIC AND CHARITABLE INSTITUTIONS AND BY ASSISTING IN THE CONSTRUCTION OF FACILITIES WHICH WILL ASSIST IN ACHIEVING THAT GOAL. THE ORGANIZATION WAS INVOLVED IN SEVERAL PROJECTS IN 2024, FURTHER DESCRIBED BELOW.

Income
$1.9 million
Spending
$2.2 million
Spent on programs
63%
Reserves
8.7 months of spending
Largest source of income
fees for its services, 91%
Employees
5
Volunteers
0
Highest pay
$333,090, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 53 out of 100. Higher than 13% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.7 months of spending.

  • Debt

    10 of 20

    It owes 31% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 16% of income.

  • Income trend

    15 of 15

    Income rose 24% on the year before.

  • Spending floor

    0 of 15

    62% of spending went to programs and raising each dollar of donations cost 1869 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 89 out of 100. Higher than 48% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    4 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $504,421 spent. THE ORGANIZATION WAS INVOLVED IN THE FUNDRAISING AND PROJECT MANAGEMENT FOR A STORAGE BUILDING SUPPORTING BAXTER ARENA FOR THE UNIVERSITY OF NEBRASKA AT OMAHA.
  2. $890,566 spent. THE ORGANIZATION ASSISTED MULTIPLE OTHER ACTIVITIES INCLUDING: UNIVERSITY OF NEBRASKA BALLFIELD FACILITIES, UNIVERSITY OF NEBRASKA AT OMAHA'S BASKETBALL TEAM NUTRITION TABLE, UNIVERSITY OF NEBRASKA AT LINCOLN'S STADIUM, AND OTHER CERTAIN OPERATING COSTS IN CONNECTION WITH FULFILLING ITS MISSION OF PROVIDING FUNDRAISING AND PROJECT MANAGEMENT TO CHARITABLE ORGANIZATIONS IN THE STATE OF NEBRASKA.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.