2025-11-14T12:15:38-06:00 2024-12-31 470625816 LUTZ AND COMPANY PC 13616 CALIFORNIA ST STE 300 OMAHA NE 681545336 990 2024-01-01 832558124 NEBRASKA PHILANTHROPIC TRUST NEBR 5312835287 11808 MIRACLE HILLS DRIVE 115 OMAHA NE 68154 PATRICK T MORRIS PRESIDENT 5312835287 2025-11-14 1 0 DANIEL SWEENEY JD LLM P02009973 4024968800 2025-11-12 2024 2025-03-06 01:10:19Z X PATRICK T MORRIS 11808 MIRACLE HILLS DRIVE 115 OMAHA NE 68154 1917899 0 X N/A X 2019 NE THE MISSION OF THE ORGANIZATION IS TO BENEFIT THE STATE OF NEBRASKA THROUGH THE PLANNING, IMPLEMENTATION, AND EXECUTION OF PUBLIC/PRIVATE PARTNERSHIPS WITH AN EMPHASIS ON FUNDRAISING AND PROJECT MANAGEMENT. 6 4 5 0 0 0 387500 30000 1063332 1741665 97722 80530 0 65704 1548554 1917899 0 0 0 0 717886 910068 0 0 560605 2096288 1323616 2814174 2233684 -1265620 -315785 2997440 2741786 786046 846177 2211394 1895609 X THE INITIAL PURPOSE OF THE ORGANIZATION IS TO ENHANCE THE GENERAL WELFARE OF THE STATE OF NEBRASKA BY PROVIDING FUNDRAISING SUPPORT TO PUBLIC AND CHARITABLE INSTITUTIONS AND BY ASSISTING IN THE CONSTRUCTION OF FACILITIES WHICH WILL ASSIST IN ACHIEVING THAT GOAL. THE ORGANIZATION WAS INVOLVED IN SEVERAL PROJECTS IN 2024, FURTHER DESCRIBED BELOW. 0 1 504421 THE ORGANIZATION WAS INVOLVED IN THE FUNDRAISING AND PROJECT MANAGEMENT FOR A STORAGE BUILDING SUPPORTING BAXTER ARENA FOR THE UNIVERSITY OF NEBRASKA AT OMAHA. 890566 1741665 THE ORGANIZATION ASSISTED MULTIPLE OTHER ACTIVITIES INCLUDING: UNIVERSITY OF NEBRASKA BALLFIELD FACILITIES, UNIVERSITY OF NEBRASKA AT OMAHA'S BASKETBALL TEAM NUTRITION TABLE, UNIVERSITY OF NEBRASKA AT LINCOLN'S STADIUM, AND OTHER CERTAIN OPERATING COSTS IN CONNECTION WITH FULFILLING ITS MISSION OF PROVIDING FUNDRAISING AND PROJECT MANAGEMENT TO CHARITABLE ORGANIZATIONS IN THE STATE OF NEBRASKA. 1394987 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREA MARSHALL 5312835287 11808 MIRACLE HILLS DRIVE 115 OMAHA NE 68154 W DAVID SCOTT DIRECTOR 1.00 X 0 0 0 PATRICK T MORRIS PRESIDENT 40.00 X X 309202 0 23888 SUSAN MORRIS VICE PRESIDENT 40.00 X X 244890 0 12493 CE HEANEY SECRETARY 1.00 X X 0 0 0 LISA ROSKENS DIRECTOR 1.00 X 0 0 0 SARAH PILLEN DIRECTOR 1.00 X 0 0 0 ANDREA MARSHALL CONTROLLER 10.00 X 0 0 0 CATHERINE FRENCH FORMER DIRECTOR 40.00 X 151368 0 16579 705460 0 52960 3 1 1 0 0 30000 30000 PROJECT FEES 900099 1741665 1741665 1741665 80530 80530 56733 0 56733 56733 56733 MISCELLANEOUS INCOME 900099 8971 8971 8971 1917899 1741665 0 146234 758420 341289 75842 341289 54171 24377 5417 24377 43233 19455 4323 19455 22551 10148 2255 10148 31693 14262 3169 14262 13527 13527 56406 56406 1000 1000 109270 62900 17229 29141 40174 40174 8397 8397 97180 43731 9718 43731 30867 30867 8529 3838 853 3838 25908 25908 PROJECT EXPENSES 849618 849618 DEVELOPMENT 37552 9712 27840 MISCELLANEOUS EXPENSES 34793 15657 3479 15657 PAYROLL AND 403B FEES 10395 10395 2233684 1394987 278092 560605 90707 116629 1600435 1719765 732189 22270 570818 18109 1495 108795 8528 3291 100267 0 763251 2997440 2741786 34718 74887 751328 0 771290 786046 846177 X 1071029 1713339 1140365 182270 2211394 1895609 2997440 2741786 -315785 0 X X 1 X 0 1 0 X 17273486 1885760 1766318 387500 30000 21343064 1063332 1741665 2804997 17273486 1885760 1766318 1450832 1771665 24148061 500000 35000 30000 565000 789642 789642 500000 824642 30000 1354642 22793419 9029 26 1672 84984 80530 176241 9029 26 1672 84984 80530 176241 17282515 1885786 1767990 1535816 1852195 24324302 0.93710 0.00720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108795 8528 100267 100267 OPERATING LEASE RIGHT-OF-USE ASSET 763251 763251 OPERATING LEASE LIABILITY 771290 771290 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT CONSIDERED A PRIVATE FOUNDATION. THE FINANCIAL STATEMENTS WILL NOT REFLECT A PROVISION FOR INCOME TAXES, EXCEPT FOR THE TAX ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION HAD NO LIABILITY FOR UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB CODIFICATION TOPIC 74010 RELATED TO UNCERTAIN INCOME TAX POSITIONS. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN INCOME TAX POSITIONS TAKEN WHICH WOULD REQUIRE THE ORGANIZATION TO REFLECT A LIABILITY FOR UNRECOGNIZED TAX BENEFITS ON THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. X X 0 0 0 0 0 0 0 0 0 PATRICK T MORRIS PRESIDENT 294264 0 0 0 14938 0 14486 0 9402 0 333090 0 0 0 SUSAN MORRIS VICE PRESIDENT 232382 0 3308 0 9200 0 11869 0 624 0 257383 0 0 0 CATHERINE FRENCH FORMER DIRECTOR 141664 0 2000 0 7704 0 7619 0 8960 0 167947 0 0 0 FORM 990, PART III, LINE 3 DURING THE YEAR, THE ORGANIZATION ENDED PROGRAM SERVICES FOR THE FUNDRAISING ACTIVITIES FOR THE GO BIG PROJECT AND THE EVALUATION OF THE FEASIBILITY OF A WATER LINE TO SUPPORT THE OPERATIONS AT THE STRATEGIC AIR AND SPACE MUSEUM, MAHONEY STATE PARK AND THE HENRY DOORLY ZOO FACILITIES AT EXIT 426 IN NEBRASKA. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C DUE TO THE SMALL SIZE OF THE BOARD, EVERY DIRECTOR IS AWARE OF POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.