Skip to main content

Nonprofit · EIN 47-0809384

KAPPA FOUNDATION

Tax-exempt · LINCOLN, NE 68505

Financials

$522K$316K2023$570K$367K2024
Revenue Expenses · by fiscal year end
Financials of KAPPA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$570,499$367,029$203,470$5,566,642$1,028,808$4,537,834
June 30, 2024990$522,182$315,558$206,624$5,300,211$1,021,170$4,279,041
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$85,895
Program service revenue
$450,000
Investment income
$35,311
Net rental income
-$577
Net gain from sales of assets
$8,827
Net income from fundraising events
-$1,381
Other revenue
-$707

Expenses

Grants and similar amounts paid
$53,550
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,134
Occupancy
$103,211
Depreciation
$138,330
Program services (functional)
$359,870
Management and general (functional)
$5,647
Fundraising (functional)
$1,512

Balance sheet and other

Total assets, start of year
$5,300,211
Total assets, end of year
$5,566,642
Total liabilities, end of year
$1,028,808
Net assets, end of year
$4,537,834
Land, buildings and equipment
$4,535,497
Publicly traded securities
$817,193
Net assets without donor restrictions
$4,161,090
Net assets with donor restrictions
$376,744
Gross unrelated business income
-$639
Gross receipts
$595,377
Employees
0
Volunteers
10
Year formed
1998
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ERIC FORDTRUSTEE
Trustee or director
–$0
AC PAT HECOXVP
Trustee or director
–$0
ERIC KAMLERTRUSTEE
Trustee or director
–$0
DUSTY KNUTHTRUSTEE
Trustee or director
–$0
JOHN MCKEEVERSECRETARY
Trustee or director, Officer
–$0
TODD SCHROEDERTRUSTEE
Trustee or director
–$0
CRAIG UDENTRUSTEE
Trustee or director
–$0
DOUG WEHRBEINPRESIDENT
Trustee or director, Officer
–$0
CHUCK WOODSIDETRUSTEE
Trustee or director
–$0
ROSS JENSENTREASURER
Officer
–$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
ERIC FORDTRUSTEE
Trustee or director
–$0
AC PAT HECOXVP
Trustee or director
–$0
ERIC KAMLERTRUSTEE
Trustee or director
–$0
DUSTY KNUTHTRUSTEE
Trustee or director
–$0
JOHN MCKEEVERSECRETARY
Trustee or director, Officer
–$0
TODD SCHROEDERTRUSTEE
Trustee or director
–$0
CRAIG UDENTRUSTEE
Trustee or director
–$0
DOUG WEHRBEINPRESIDENT
Trustee or director, Officer
–$0
CHUCK WOODSIDETRUSTEE
Trustee or director
–$0
ROSS JENSENTREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 5839, LINCOLN, NE 68505-0839
In care of
% DAVID ELLINGSON
Principal officer (990 for 2024)
DOUG WEHRBEIN
Signed the 990
ROSS JENSEN, TREASURER
Phone
(402) 380-4969
Return prepared by
BUCKLEY & SITZMAN LLP

Mission

KAPPA FOUNDATION PROVIDES HOUSING AND SCHOLARSHIP SUPPORT TO STUDENTS ATTENDING THE UNIVERSITY OF NEBRASKA-LINCOLN, PRIMARILY THOSE ENROLLED IN THE COLLEGE OF AGRICULTURAL SCIENCES AND NATURAL RESOURCES. THE FOUNDATION SUPPORTS AN EDUCATIONAL ENVIRONMENT CONDUCIVE TO BOTH FORMAL AND INFORMAL EDUCATION IN ORDER TO ENCOURAGE AND INFLUENCE A BROADER AND BETTER AGRICULTURE.

990 for the year ended June 30, 2025

Program accomplishments

  • KAPPA FOUNDATION PROVIDES HOUSING TO SUPPORT STUDENTS ATTENDING THE UNIVERSITY OF NEBRASKA-LINCOLN, PRIMARILY THOSE ENROLLED IN THE COLLEGE OF AGRICULTURAL SCIENCES AND NATURAL RESOURCES. THE FOUNDATION'S HOUSE, LOCATED ACROSS FROM UNL'S EAST CAMPUS, IS HOME TO THE ALPHA GAMMA RHO FRATERNITY. THE FOUNDATION'S HOUSE NURTURES AN ENVIRONMENT THAT ALLOWS FRATERNITY MEMBERS TO GROW THROUGH FORMAL AND INFORMAL EDUCATION.
    Expenses $306,320 · revenue $450,000
  • KAPPA FOUNDATION PROVIDES SCHOLARSHIP SUPPORT TO STUDENTS ATTENDING THE UNIVERSITY OF NEBRASKA-LINCOLN, PRIMARILY MEMBERS OF THE ALPHA GAMMA RHO FRATERNITY. SCHOLARSHIPS ARE GIVEN BASED ON A VARIETY OF CRITERIA, INCLUDING SCHOLASTIC AND LEADERSHIP ACHIEVEMENT.
    Expenses $53,550 · grants $53,550

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-0809384
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$5,566,642
Income (IRS master file)
$595,377

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$570,499$367,029$5,566,642IRS
990June 2024$522,182$315,558$5,300,211XML
990June 2023$418,351$343,462$5,203,824IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––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 47-0809384).

Questions about KAPPA FOUNDATION

What is the EIN of KAPPA FOUNDATION?
The employer identification number (EIN) of KAPPA FOUNDATION is 47-0809384.
Is KAPPA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to KAPPA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KAPPA FOUNDATION 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 KAPPA FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KAPPA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KAPPA FOUNDATION?
The 990 for the year ended June 30, 2025 names DOUG WEHRBEIN.
Who are the officers and directors of KAPPA FOUNDATION?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does KAPPA FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $570,499, expenses of $367,029 and total assets of $5,566,642 at year end.

Other nonprofits in LINCOLN

All nonprofits in LINCOLN · Nebraska · Education