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Nonprofiteer
← AMY L SCOTT FAMILY FOUNDATION

Form 990 for tax year 2023

Filed by AMY L SCOTT FAMILY FOUNDATION.

Totals

Total revenue
$6,011,152
Total expenses
$1,524,517
Contributions and grants received
$5,000,080
Grants paid
$1,264,200
Program service revenue
$0
Investment income
$984,381
Other revenue
$26,691
Total assets, end of year
$49,380,567
Total liabilities, end of year
$627,837
Net assets or fund balances, end of year
$48,752,730
Program services expenses (Part IX)
$1,331,470
Management and general expenses
$193,047
Fundraising expenses
$0
Program service expenses (Part III)
$1,331,470

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $5,000,080

  • 1g · Noncash contributions included above

    $5,000,080

  • 3 · Investment income

    total $1,294,643 · excluded $1,294,643

  • 7a · Gross sales of assets other than inventory

    securities $5,534,301

  • 7b · Less cost or other basis and sales expenses

    securities $5,844,563

  • 7c · Gain or loss

    securities -$310,262

  • 7d · Net gain or loss

    total -$310,262 · excluded -$310,262

  • 11a · Other revenue: PV ADJUSTMENT

    total $26,691 · excluded $26,691

  • 11e · Other revenue, total

    $26,691

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,264,200 · program services $1,264,200

  • 11a · Fees: management

    total $100,000 · program services $50,000 · management and general $50,000

  • 11b · Fees: legal

    total $28 · program services $14 · management and general $14

  • 11c · Fees: accounting

    total $13,050 · program services $6,525 · management and general $6,525

  • 11f · Fees: investment management

    total $126,508 · management and general $126,508

  • 17 · Travel

    total $731 · program services $731

  • 24a · Other expenses: CONSULTING FEES

    total $20,000 · program services $10,000 · management and general $10,000

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $174,557 · end of year $1,681,978

  • 11 · Investments: publicly traded securities

    beginning of year $47,298,130 · end of year $47,279,763

  • 15 · Other assets

    beginning of year $421,540 · end of year $418,826

  • 18 · Grants payable

    beginning of year $423,027 · end of year $627,837

  • 27 · Net assets without donor restrictions

    beginning of year $47,471,200 · end of year $48,752,730

Mission and programs · 2023

Mission

THE MISSION OF THE FOUNDATION IS TO DISTRIBUTE FUNDS FOR CHARITABLE PURPOSES IN THE AREAS OF CIVIC, CULTURAL, HEALTH, EDUCATION AND SOCIAL SERVICES

  • THE ORGANIZATION PROVIDES GRANTS TO ELIGIBLE 501C3 ORGANIZATIONS AND GOVERNMENTAL ENTITIES WHO FURTHER THE MISSION OF THE OMAHA COMMUNITY FOUNDATION. THE OMAHA COMMUNITY FOUNDATION'S MISSION IS TO ENHANCE THE QUALITY OF LIFE OF THE CITIZENS OF THE GREATER OMAHA AREA BY IDENTIFYING AND ADDRESSING CURRENT ANTICIPATED COMMUNITY NEEDS AND RAISING, MANAGING, AND DISTRIBUTING FUNDS.

    Expenses $1,331,470 · Grants $1,264,200

As filed on the 2023 return.

Listed in Part VII

  • Amy Scott

    DIRECTOR (CHAIRMAN)

    Total calculated
    $0
    Hours/week
    1
  • Cyndy Peacock

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • David Karimi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeanie Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Traci Harrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Calvin Sisson

    PRESIDENT & CEO

    Total calculated
    $875,857
    From this org
    $0
    From related orgs
    $840,841
    Other
    $35,016
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $428,930 related
    Bonus
    $0 + $411,911 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $18,516 related
    Filer's total
    $0 + $875,857 related
  • Richard Eakin

    VICE PRESIDENT

    Total calculated
    $273,967
    From this org
    $0
    From related orgs
    $254,511
    Other
    $19,456
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $194,511 related
    Bonus
    $0 + $60,000 related
    Other
    $0
    Deferred
    $0 + $10,000 related
    Nontaxable benefits
    $0 + $9,456 related
    Filer's total
    $0 + $273,967 related
  • Christi Annin

    CFO

    Total calculated
    $275,768
    From this org
    $0
    From related orgs
    $237,745
    Other
    $38,023
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $187,745 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $11,731 related
    Nontaxable benefits
    $0 + $26,292 related
    Filer's total
    $0 + $275,768 related
  • Anne Folkers

    SECRETARY

    Total calculated
    $233,412
    From this org
    $0
    From related orgs
    $198,370
    Other
    $35,042
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,370 related
    Bonus
    $0 + $30,000 related
    Other
    $0
    Deferred
    $0 + $8,750 related
    Nontaxable benefits
    $0 + $26,292 related
    Filer's total
    $0 + $233,412 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202441369349302479

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