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Ventures For Excellence Foundation is a private corporation based in LINCOLN, NE. The foundation received its IRS ruling in 2009. The principal officer is Victor Cottrell. It holds total assets of $530K. Annual income is reported at $879. The foundation is governed by 4 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 2023. The foundation primarily funds organizations in Ohio, Minnesota and Nebraska. According to available records, Ventures For Excellence Foundation has made 15 grants totaling $106K, with a median grant of $2K. The foundation has distributed between $29K and $42K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $42K distributed across 5 grants. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Ohio, Nebraska, Illinois, which account for 73% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$6K
Largest Grant
$15K
Based on 3 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.
Ventures For Excellence Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in OH, NE, IL.
Ventures For Excellence Foundation has distributed a total of $106K across 15 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Ventures For Excellence Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ventures For Excellence Foundation is headquartered in LINCOLN, NE. While based in NE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cynthia Berggren | SECRETARY | $0 | $0 | N/A |
| Nancy Cottreell | TREASURER | $0 | $0 | N/A |
| Lynette Olson | V. PRESIDENT | $0 | $0 | N/A |
| Victor Cottrell | PRESIDENT | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$462K
Fair Market Value
$621K
Net Worth
$462K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$895
Distribution Amount
$30K
Total Grants
15
Total Giving
$106K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Philippi International IncCHARITABLE SUPPORT | Youngstown, OH | $15K | 2022 |
| OthersCHARITY | Lincoln, NE | $1K | 2022 |
| Mayo Clinic Greatest NeedsCHARITABLE | Rochester, MN | $1K | 2022 |
| St Marks Umc FoundationPUBLIC CHARITY | Lincoln, NE | $17K | 2021 |
| Foxvalley Family CampusCHARITABLE PURPOSES | St Charles, IL | $1K | 2021 |