Skip to content
ProPublica Donate
ProPublica Donate

Nelnet Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.06M (2023)

Expenses
$3.64M (2023)

Total Assets
$16.6M (2023)

Total Liabilities
$812k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,055,790
Expenses
$3,637,981
Net Income
$417,809
Net Assets
$15,797,557
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,700,227
66.6%
Interest Revenue $0
Dividends $640,381
15.8%
Sales of Assets $692,594
17.1%
Other Income $22,588
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,990,718
82.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,609,224
Total Liabilities $811,667
Net Assets $15,797,557
Compensation
Key Employees and Officers Compensation Other
Ben Kiser (President) $0 $0
Jim Kruger (Vice President, Treasurer) $0 $0
Bill Munn (Secretary) $0 $0
Thomas E Henning (Director) $0 $0
Kathy Farrell (Director) $0 $0
Kimberly Rath (Director) $0 $0
David Graff (Director) $0 $0
Preeta D Bansal (Director) $0 $0
Michael Dunlap (Director) $0 $0
Matthew Dunlap (Director) $0 $0
Adam Peterson (Director) $0 $0
Jona Van Deun (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,693,808
Expenses
$3,602,081
Net Income
$2,091,727
Net Assets
$15,379,748
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,513,760
79.3%
Interest Revenue $0
Dividends $477,856
8.4%
Sales of Assets $566,320
9.9%
Other Income $135,872
2.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,571,025
99.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,225,922
Total Liabilities $846,174
Net Assets $15,379,748
Compensation
Key Employees and Officers Compensation Other
Ben Kiser (President) $0 $0
Jim Kruger (Vice President, Treasurer) $0 $0
Bill Munn (Secretary) $0 $0
Thomas E Henning (Director) $0 $0
Kathy Farrell (Director) $0 $0
Kimberly Rath (Director) $0 $0
David Graff (Director) $0 $0
James P Abel (Director) $0 $0
William Cintani (Director) $0 $0
Preeta D Bansal (Director) $0 $0
Joann Martin (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$820,391
Expenses
$2,394,384
Net Income
-$1,573,993
Net Assets
$13,288,021
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $497,192
60.6%
Sales of Assets $83,096
10.1%
Other Income $240,103
29.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,237,261
93.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,733,170
Total Liabilities $445,149
Net Assets $13,288,021
Compensation
Key Employees and Officers Compensation Other
Ben Kiser (President) $0 $0
Jim Kruger (Vice President, Treasurer) $0 $0
Bill Munn (Secretary) $0 $0
Thomas E Henning (Director) $0 $0
Kathy Farrell (Director) $0 $0
Kimberly Rath (Director) $0 $0
David Graff (Director) $0 $0
James P Abel (Director) $0 $0
William Cintani (Director) $0 $0
Preeta D Bansal (Director) $0 $0
Joann Martin (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,194,247
Expenses
$3,313,915
Net Income
-$1,119,668
Net Assets
$14,862,014
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $488,910
22.3%
Sales of Assets $1,572,856
71.7%
Other Income $132,481
6.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,270,850
98.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,809,867
Total Liabilities $947,853
Net Assets $14,862,014
Compensation
Key Employees and Officers Compensation Other
Ben Kiser (President) $0 $0
Jim Kruger (Vice President, Treasurer) $0 $0
Bill Munn (Secretary) $0 $0
Thomas E Henning (Director) $0 $0
Kathy Farrell (Director) $0 $0
Kimberly Rath (Director) $0 $0
David Graff (Director) $0 $0
James P Abel (Director) $0 $0
William Cintani (Director) $0 $0
Preeta D Bansal (Director) $0 $0
Joann Martin (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,036,586
Expenses
$2,495,908
Net Income
-$1,459,322
Net Assets
$15,981,682
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $594,782
57.4%
Sales of Assets $430,535
41.5%
Other Income $11,269
1.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,257,453
90.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,439,961
Total Liabilities $458,279
Net Assets $15,981,682
Compensation
Key Employees and Officers Compensation Other
Ben Kiser (President) $0 $0
Jim Kruger (Vice President, Treasurer) $0 $0
Bill Munn (Secretary) $0 $0
Thomas E Henning (Director) $0 $0
Michael D Reardon (Director) $0 $0
Kathy Farrell (Director) $0 $0
Kimberly Rath (Director) $0 $0
David Graff (Director) $0 $0
James P Abel (Director) $0 $0
William Cintani (Director) $0 $0
Preeta D Bansal (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,164,793
Expenses
$2,327,877
Net Income
$836,916
Net Assets
$10,344,956
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,100,000
98.0%
Interest Revenue $0
Dividends $227,620
7.2%
Sales of Assets $121,105
3.8%
Other Income -$283,932
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,423,599
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,647,456
Total Liabilities $302,500
Net Assets $10,344,956

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,789,837
Expenses
$1,671,798
Net Income
$3,118,039
Net Assets
$9,508,040
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,902,234
81.5%
Interest Revenue $0
Dividends $205,490
4.3%
Sales of Assets $595,150
12.4%
Other Income $86,963
1.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,832,372
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,958,040
Total Liabilities $450,000
Net Assets $9,508,040

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,256,640
Expenses
$1,407,548
Net Income
$1,849,092
Net Assets
$6,390,001
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,041,760
62.7%
Interest Revenue $0
Dividends $170,230
5.2%
Sales of Assets $957,700
29.4%
Other Income $86,950
2.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,573,816
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,054,321
Total Liabilities $664,320
Net Assets $6,390,001

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,820,116
Expenses
$2,225,499
Net Income
$1,594,617
Net Assets
$5,171,374
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,981,908
78.1%
Interest Revenue $0
Dividends $76,279
2.0%
Sales of Assets $761,929
19.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,377,446
61.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,083,074
Total Liabilities $911,700
Net Assets $5,171,374

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,511,340
Expenses
$1,191,454
Net Income
$2,319,886
Net Assets
$4,682,838
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,500,000
99.7%
Interest Revenue $23,005
0.7%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,181,629
99.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,787,339
Total Liabilities $104,501
Net Assets $4,682,838

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »