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Nolan Covault Foundation is a private corporation based in DAVID CITY, NE. The foundation received its IRS ruling in 2017. It holds total assets of $221K. Annual income is reported at $13K. Total assets have decreased from $350K in 2019 to $221K in 2024. The foundation is governed by 1 officer or trustee. Support of the bone creek art museum. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Nolan Covault Foundation has made 5 grants totaling $3M, with a median grant of $41K. Annual giving has grown from $15K in 2021 to $41K in 2024. Grantmaking activity was highest in 2023 with $2.9M distributed across 2 grants. Individual grants have ranged from $15K to $1.5M, with an average award of $599K. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
Support of the bone creek art museum
Expenses: $15K
Support of the bone creek art museum. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NE.
Nolan Covault Foundation has distributed a total of $3M across 5 grants. The median grant size is $41K, with an average of $599K. Individual grants have ranged from $15K to $1.5M.
Nolan Covault Foundation typically selects its grantees rather than accepting unsolicited proposals.
Nolan Covault Foundation is headquartered in DAVID CITY, NE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anna Nolan | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$221K
Fair Market Value
N/A
Net Worth
$221K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$3M
Average Grant
$599K
Median Grant
$41K
Unique Recipients
1
Most Common Grant
$1.5M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bone Creek Art MuseumPROMOTE ART | David City, NE | $41K | 2024 |