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Nonprofit · EIN 47-0698086

MIDWEST FOUNDATON FOR HIGHER EDUCATION

Tax-exempt · LINCOLN, NE 68506

Financials

$521K$631K2022$1.3M$668K2023$1.5M$719K2024
Revenue Expenses · by fiscal year end
Financials of MIDWEST FOUNDATON FOR HIGHER EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$1,450,640$718,646$731,994$18,495,968$0$18,495,968
May 31, 2024990$1,264,144$668,486$595,658$17,763,974$0$17,763,974
May 31, 2023990$520,580$630,985-$110,405$15,645,155$12,287$15,632,868
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$548,266
Program service revenue
$0
Investment income
$902,374
Other revenue
$0

Expenses

Grants and similar amounts paid
$608,237
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$608,237
Management and general (functional)
$110,409

Balance sheet and other

Total assets, start of year
$17,763,974
Total assets, end of year
$18,495,968
Total liabilities, end of year
$0
Net assets, end of year
$18,495,968
Publicly traded securities
$18,479,049
Net assets without donor restrictions
-$6,479
Net assets with donor restrictions
$18,502,447
Gross receipts
$1,450,640
Employees
0
Volunteers
10
Year formed
1986
State of legal domicile
NE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSH HUENERGARDTCHAIR
Trustee or director, Officer
1$0
DAN CARLSONVICE CHAIR
Trustee or director, Officer
1$0
SCOTT GALDIRECTOR
Trustee or director
1$0
ELAINE HAGELEDIRECTOR
Trustee or director
1$0
MICHAEL PARADISEDIRECTOR
Trustee or director
1$0
DIANE THURBERDIRECTOR
Trustee or director
1$0
990 for the year ended May 31, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE TRANASECRETARY/TREASURER
Trustee or director, Officer
1$0$106,127$27,423
JOSH HUENERGARDTCHAIR
Trustee or director, Officer
1$0$0$0
DAN CARLSONVICE CHAIR
Trustee or director, Officer
1$0$0$0
SCOTT GALDIRECTOR
Trustee or director
1$0$0$0
ELAINE HAGELEDIRECTOR
Trustee or director
1$0$0$0
MICHAEL PARADISEDIRECTOR
Trustee or director
1$0$0$0
DIANE THURBERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended May 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE TRANASECRETARY/TREASURER
Trustee or director, Officer
1$0$101,653$27,579
JOSH HUENERGARDTCHAIR
Trustee or director, Officer
1$0$0$0
DAN CARLSONVICE CHAIR
Trustee or director, Officer
1$0$0$0
SCOTT GALDIRECTOR
Trustee or director
1$0$0$0
ELAINE HAGELEDIRECTOR
Trustee or director
1$0$0$0
MICHAEL PARADISEDIRECTOR
Trustee or director
1$0$0$0
DIANE THURBERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3800 SOUTH 48TH STREET, LINCOLN, NE 68506-4345
Principal officer (990 for 2024)
YAMI BAZAN, 3800 SOUTH 48TH STREET, LINCOLN, NE 68506
Signed the 990
ROBERT DECKER, VP FOR FINANCIAL ADMIN
Phone
(402) 486-2502
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO PROMOTE THE WELFARE, GOALS, PROGRAMS AND TRAINING OF STUDENTS AT UNION COLLEGE.

990 for the year ended May 31, 2025

Program accomplishments

  • PROVIDE SPECIFIC SCHOLARSHIP AWARDS TO STUDENTS MEETING CRITERIA SPECIFIED BY ENDOWMENT AGREEMENTS.
    Expenses $608,237 · grants $608,237

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
47-0698086
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1987
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,495,968
Income (IRS master file)
$1,450,640

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$1,450,640$718,646$18,495,968XML
990May 2024$1,264,144$668,486$17,763,974XML
990May 2023$520,580$630,985$15,645,155XML
990May 2022$3,425,264$725,483$15,739,883IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0698086).

Questions about MIDWEST FOUNDATON FOR HIGHER EDUCATION

What is the EIN of MIDWEST FOUNDATON FOR HIGHER EDUCATION?
The employer identification number (EIN) of MIDWEST FOUNDATON FOR HIGHER EDUCATION is 47-0698086.
Is MIDWEST FOUNDATON FOR HIGHER EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to MIDWEST FOUNDATON FOR HIGHER EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MIDWEST FOUNDATON FOR HIGHER EDUCATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MIDWEST FOUNDATON FOR HIGHER EDUCATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDWEST FOUNDATON FOR HIGHER EDUCATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of MIDWEST FOUNDATON FOR HIGHER EDUCATION?
The 990 for the year ended May 31, 2025 names YAMI BAZAN.
Who are the officers and directors of MIDWEST FOUNDATON FOR HIGHER EDUCATION?
The 990 for the year ended May 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does MIDWEST FOUNDATON FOR HIGHER EDUCATION have?
On its 990 for the year ended May 31, 2025 it reported revenue of $1,450,640, expenses of $718,646 and total assets of $18,495,968 at year end.

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