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      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>SEE STATEMENT A</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>22831586</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1203391</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>370380</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>24405357</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>24405357</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>366080</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>24039277</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1201964</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1201964</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>17396</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>4235</IncomeTaxAmt>
        <TotalTaxAmt>21631</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1180333</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1180333</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1180333</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>2990718</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>2990718</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1180333</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2021</PriorYear1Yr>
        <PriorYear2Yr>2020</PriorYear2Yr>
        <PriorYear3Yr>2019</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>964950</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>1209560</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>2276340</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>1086196</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>2419246</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>7956292</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>2990718</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>1180333</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1810385</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>9766677</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>964950</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>8801727</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1209560</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>2276340</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>1086196</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>2419246</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1810385</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>SEE ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>APPLICATIONS</AddressLine1Txt>
            <CityNm>Lincoln</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68508</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4024583041</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SEE ATTACHED APPLICATIONS</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>SEE ATTACHED APPLICATIONS</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>SEE ATTACHED APPLICATIONS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ATTACHMENT</AddressLine1Txt>
            <AddressLine2Txt>23 24</AddressLine2Txt>
            <CityNm>LINCOLN</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68508</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE ATTACHMENT 23 &amp; 24</GrantOrContributionPurposeTxt>
          <Amt>2982695</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2982695</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ATTACHMENT</AddressLine1Txt>
            <AddressLine2Txt>24</AddressLine2Txt>
            <CityNm>LINCOLN</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68508</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE ATTACHMENT 24</GrantOrContributionPurposeTxt>
          <Amt>0</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>885000</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>640381</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>692594</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>COLLEGE VENTURE JV LLC</Desc>
          <BusinessCd>531120</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>26600</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>1786</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>COLLEGE VENTURE JV LLC PROPERTY MANAGEMENT FEES</Desc>
          <BusinessCd>531120</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-5433</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>-365</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>21167</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>1334396</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1355563</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>NELNET INC</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>121 SOUTH 13TH STREET</AddressLine1Txt>
          <CityNm>LINCOLN</CityNm>
          <StateAbbreviationCd>NE</StateAbbreviationCd>
          <ZIPCd>68508</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>2700000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>VARIOUS CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>11330316</EOYBookValueAmt>
        <EOYFMVAmt>19920433</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <StateLocalSecBookVlEOYAmt>477188</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>492500</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VARIOUS MUTUTAL FUNDS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2444890</BookValueAmt>
        <EOYFMVAmt>2099118</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>VOLUNTEERSPOT</Desc>
        <BOYBookValueAmt>50000</BOYBookValueAmt>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>69584</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>COLLEGE VENTURE JV LLC</Desc>
        <BOYBookValueAmt>312212</BOYBookValueAmt>
        <EOYBookValueAmt>340598</EOYBookValueAmt>
        <EOYFMVAmt>379880</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>106</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>95</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>College Venture JV LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>28386</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1786</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>COLLEGE VENTURE JV LLC PROP MANGMNT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>-5798</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-365</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT FEES</CategoryTxt>
        <Amt>68012</Amt>
        <NetInvestmentIncomeAmt>61211</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6801</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PROFESSIONAL FEES</CategoryTxt>
        <Amt>12095</Amt>
        <NetInvestmentIncomeAmt>10886</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1209</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WEBSITE FEES</CategoryTxt>
        <Amt>2</Amt>
        <DisbursementsCharitablePrpsAmt>2</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>10704</Amt>
        <NetInvestmentIncomeAmt>10704</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2023 990-T EXTENSION</CategoryTxt>
        <Amt>12500</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2023 990-T ESTIMATED TAXES</CategoryTxt>
        <Amt>5000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2023 WI ESTIMATED TAXES</CategoryTxt>
        <Amt>1700</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2022 990-PF EXTENSION</CategoryTxt>
        <Amt>8500</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2023 990-PF ESTIMATED TAXES</CategoryTxt>
        <Amt>5000</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
