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Nebraska · Nonprofit

Nelnet Foundation

Nelnet Foundation (Nebraska) receives grants from 2 organizations whose IRS filings report $52,347 to it, the largest being VOLUNTEERS INSPIRING & ENCOURAGING POSITIVE ATTITUDE RESILIENCE & SER ($44,983). 2 of them have funded it in more than one year.

Revenue FY2025
$4.7M
Funders on record
2
Grants received
$52k
Net assets
$17M
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Nelnet Foundation does

Program

  1. See statement a

The program described on its FY2025 Form 990-PF.

02The 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

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $14M to $16M (+18%).

$16M
$16M
$14M
$16M
$17M
$16M
$17M
2019202020212022202320242025
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2019202020212022202320242025
Listed11111111111111
Joined·+1+0+0+3+0+0
No longer listed·100300
03Who 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 86% 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.

86%
largest funder
100%
top three
~1
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.

04Its place in the field

Against its field

Nelnet Foundation holds deeper cash reserves than three-quarters of the 1,504 philanthropy nonprofits its size.

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

this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025

Organizations like Nelnet Foundation

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

In Nebraska

Nationally

05Profile & 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. Screen this nonprofit · 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 $52,347 to it, the largest being VOLUNTEERS INSPIRING & ENCOURAGING POSITIVE ATTITUDE RESILIENCE & SER ($44,983). 2 of them have funded it in more than one year.
How many funders does Nelnet Foundation have?
IRS filings report 2 organizations giving $52,347 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 $44,983 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 2 funders 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 October 14, 2026. What this page cannot tell you · view filing