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Nebraska · Nonprofit

Nelnet Foundation

Nelnet Foundation (Nebraska) receives grants from 2 organizations whose IRS filings report $29,814 to it, the largest being VOLUNTEERS INSPIRING & ENCOURAGING POSITIVE ATTITUDE RESILIENCE & SER ($22,450). 2 of them have funded it in more than one year.

$4.7M
Revenue FY2025
2
Funders on record
$30k
Grants received
$17M
Net assets
2/2 repeat funderspeak grant-dependency 0%

Against its field

Nelnet Foundation holds deeper cash reserves than three-quarters of the 1,336 philanthropy nonprofits its size.

Months of reserve13.2mo · top quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 1,336 philanthropy nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($1.0M) Expenses 100 ($2.5M) Net assets 100 ($16M)2020 Revenue 212 ($2.2M) Expenses 133 ($3.3M) Net assets 93 ($15M)2021 Revenue 79 ($820k) Expenses 96 ($2.4M) Net assets 83 ($13M)2022 Revenue 549 ($5.7M) Expenses 144 ($3.6M) Net assets 96 ($15M)2023 Revenue 391 ($4.1M) Expenses 146 ($3.6M) Net assets 99 ($16M)2024 Revenue 205 ($2.1M) Expenses 119 ($3.0M) Net assets 94 ($15M)2025 Revenue 451 ($4.7M) Expenses 115 ($2.9M) Net assets 105 ($17M)
2019202020212022202320242025
Revenue (451)Expenses (115)Net assets (105)Peer revenue range
02Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $10k → $0.

From the IRS filings of Nelnet Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Nelnet Foundation leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Nelnet Foundation.

75%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Nelnet Foundation draws 100% of its grant income from funders outside Nebraska, across 2 states in all.

IL
CO

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Nelnet Foundation

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Nelnet Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Nelnet Foundation?
Nelnet Foundation (Nebraska) receives grants from 2 organizations whose IRS filings report $29,814 to it, the largest being VOLUNTEERS INSPIRING & ENCOURAGING POSITIVE ATTITUDE RESILIENCE & SER ($22,450). 2 of them have funded it in more than one year.
How many funders does Nelnet Foundation have?
IRS filings report 2 organizations giving $29,814 in grants to Nelnet Foundation, 2 of which have funded it in more than one year.
Who is the largest funder of Nelnet Foundation?
VOLUNTEERS INSPIRING & ENCOURAGING POSITIVE ATTITUDE RESILIENCE & SER is the largest funder on record, with $22,450 in grants. The full list of funders is on this page.
How can an organization like Nelnet Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing