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Allen Capital Group Foundation is a private corporation based in GRAND ISLAND, NE. The foundation received its IRS ruling in 2014. It holds total assets of $100K. Annual income is reported at $4K. Total assets have grown from N/A in 2011 to $100K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Nebraska, Missouri and Indiana. According to available records, Allen Capital Group Foundation has made 8 grants totaling $38K, with a median grant of $875. Annual giving has decreased from $33K in 2022 to $5K in 2023. Individual grants have ranged from $300 to $29K, with an average award of $5K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$4K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Allen Capital Group Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NE.
Allen Capital Group Foundation has distributed a total of $38K across 8 grants. The median grant size is $875, with an average of $5K. Individual grants have ranged from $300 to $29K.
Allen Capital Group Foundation typically selects its grantees rather than accepting unsolicited proposals.
Allen Capital Group Foundation is headquartered in GRAND ISLAND, NE. The foundation primarily funds organizations in Nebraska, Missouri, Indiana.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric Allen | PRESIDENT | $0 | $0 | N/A |
| Mark Allen | VICE PRESIDE | $0 | $0 | N/A |
| Jenny Nichol | SECRETARY/TR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$100K
Fair Market Value
N/A
Net Worth
$100K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$38K
Average Grant
$5K
Median Grant
$875
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grand Island Public Schools FoundatSCHOLARSHIPS (2) SPONSORED | Grand Island, NE | $5K | 2023 |
| Third City Christian ChurchSUPPORTING MINISTRY | Grand Island, NE | $29K | 2022 |
| Christian Student FellowshipSUPPORTING MINISTRY | Wayne, NE | $1K | 2022 |
| University Of NebraskaSUPPORT COLLEGE EDUCATION | Lincoln, NE | $1K | 2022 |
| Nebraska Wesleyan UniversitySUPPORT COLLEGE EDUCATION | Lincoln, NE | $750 | 2022 |
| University Of Nebraska KearneySUPPORTING COLLEGE EDUCATOIN | Kearney, NE | $500 | 2022 |
| University Of Nebraska OmahaSUPPORTING COLLEGE EDUCATION | Omaha, NE | $500 | 2022 |
| Central Nebraska Athletic AssociatiSUPPORT HEALTHY CHILDREN | Dannebrog, NE | $300 | 2022 |