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John Newquist Educational Foundation is a private trust based in ONEILL, NE. The foundation received its IRS ruling in 2021. The principal officer is Jane Reiman. It holds total assets of $1.7M. Annual income is reported at $209K. Total assets have grown from $1.4M in 2020 to $1.7M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, John Newquist Educational Foundation has made 2 grants totaling $107K, with a median grant of $53K. Annual giving has grown from $40K in 2022 to $67K in 2023. Individual grants have ranged from $40K to $67K, with an average award of $53K. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
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.
John Newquist Educational Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NE.
John Newquist Educational Foundation has distributed a total of $107K across 2 grants. The median grant size is $53K, with an average of $53K. Individual grants have ranged from $40K to $67K.
The application deadline is Deadlines vary - See website for exact dates. 1. Must be a high school graduate from any school in Nebraska or in the County of Gregory, Tripp, or Charles Mix in South Dakota. 2. Must be a citizen of the United States. 3. Have completed at least one year of post secondary education at an accredited Community College, College or University. High school dual credits do not qualify as first year. 4. Enrolled in a technical or any program or on course to receive a degree from a two-year vocational school or four year college or university in any field of study. 5. Must not have ever been convicted of a felony. 6. Must pass a minimum of twelve credit hours per quarter/semester with a C or 2.0 cumulative grade point average. 7. Must explain a financial need. 8. Must provide a past and present work history. Please provide a copy of W-2 or 1099. No applicant shall be under consideration who has not previously been employed during applicant's lifetime. All scholarship money distributed from the The John Newquist Educational Foundation shal. An application form is available on the foundation's website.
John Newquist Educational Foundation is headquartered in ONEILL, NE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jane M Reiman | Trustee | $11K | $0 | $11K |
| Jack Reiman | Trustee | $400 | $0 | $400 |
| Leah J Chohon | Trustee | $300 | $0 | $300 |
| Jesse Reiman | Trustee | $300 | $0 | $300 |
| Lawrence A Reiman | Trustee | $300 | $0 | $300 |
| Jacob Reiman | Trustee | $300 | $0 | $300 |
| Milton T Reiman | Trustee | $300 | $0 | $300 |
Total Giving
$85K
Total Assets
$1.7M
Fair Market Value
$1.6M
Net Worth
$1.7M
Grants Paid
$67K
Contributions
N/A
Net Investment Income
$59K
Distribution Amount
$71K
Total: $28K
Total Grants
2
Total Giving
$107K
Average Grant
$53K
Median Grant
$53K
Unique Recipients
1
Most Common Grant
$67K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 1Educational Scholarships | See Attachment, NE | $67K | 2023 |