2007 was a great year for the Oregon Trail Community Foundation.  Our assets have almost reached $3 million.  Unrestricted funds have reached $1,173,498 and our restricted funds’ balances are now $1,743,775.  Designated and Undesignated grants and scholarships were $198,847 for 2007.  Net gain (income) after all expenses (which includes grants) was $346,187.

 

We now manage twenty-five restricted funds.  Six of these are scholarship funds which you can find under “Scholarship” on this website.  One of our notable funds is the "Riverside Soccer Fund" which has raised over $1.5 million for the new soccer fields in north Scottsbluff.  This public/private endeavor has resulted in a first-class soccer facility that is used by over 800 players.  All of the area high schools and grade schools plus the Western Nebraska Community College, can and do use the fields.  Improvements to the project are continuing.

 

One of our new funds is the “Scottsbluff Public Library Fund" which was established to accept donations for the remodeling and addition to the existing  library building.  The library group is working hard to raise $2.5 million to make this project a reality.  If you wish to support this endeavor, your donations can be made to OTCF-Library Fund.

 

Another new fund is the "Wildcat Hills Paleontology Fund".  When building the Heartland Express through the Wildcat Hills, a twenty-three million year old river bed was uncovered with a large number of fossils from that era.  Several paintings and a mural of these animals are being made.  Also being cast is a life-sized replication of a saber tooth tiger.  Once finished, all of these paintings and the model will be given to the Wildcat Hills Nature Center.  Ray Boice is working tirelessly to promote the Fossil Freeway which will encompass all of the wonderful Paleontology sites in the Panhandle.  For more information on this project you may visit http://classrooms.esu13.org/fossilfreeway.

 

We have created a "Nebraska Panhandle Endowment Fund".  This fund correlates with the Endow-Nebraska tax credit which was created in 2005.  Planned gifts and hopefully after this legislative session, direct gifts to this endowment fund will get a tax credit as well as a charitable deduction against their Nebraska taxes.  The current tax credit is 15% up to a maximum of $5000.  Pending legislation may increase that tax credit to 25% up to a maximum of $10,000 and they have added a five year carryover.  Only  Nebraska 501c-3 foundations with qualified endowment funds will receive the tax credit. The income from this endowment must only be used for Nebraska projects.

 

OTCF serves the entire Panhandle and we welcome philanthropic-minded citizens to join our exciting and progressive organization.  We believe that we are an important part of the future of the Panhandle and we work to improve the quality of life for all of our citizens.  If you are interested in joining the Oregon Trail Community Foundation, there is an application form on this website.

Membership 

Our voting members include:

Bartlett, Dave	First National Bank	Monument	Voting
Cannon, Ann	Cannon Foundation	Conestoga	Voting
Failing, Dr. Robert & Nancy		Conestoga	Voting
Fancher, Julie		Monument	Voting
Fillingham, John	Magnolia Homes	Monument	Voting
Green, Ken & Trisha	Agra Holdings LP	Hiram Scott	Voting
Haskell, Chuck & Mary		Monument	Voting
Hetzel, Steve	Regional Care, Inc.	Platte River	Voting
Kelley, Gary & Patty		Conestoga	Voting
Martin, Jud & Sue		Conestoga	Voting
Neuwirth, Jim & Cindy	ABC Nursery	Conestoga	Voting
Palser, Ray & Marcia	Railway Office Plaza	Conestoga	Voting
Pierce, Rawnda	TCD	Conestoga	Voting
Rose, Forrest (Sam)	Tri-State Roofing	Conestoga	Voting
Sandberg, Kelly & Crystal	Sandberg Implement	Conestoga	Voting
Scheinost, Jeff & Cynthia	High Plains Budweiser	Platte River	Voting
Schlaepfer, Bill	Gering Valley Plumbing	Conestoga	Voting
Stinner, John	Valley Bank	Monument	Voting
Stocker, Kevin & Mary	AmeriStar Trans.	Monument	Voting
Van Newkirk, Mert & Jan		Conestoga	Voting
Yekel, Penny	Print Express	Conestoga	Voting
	US Bank	Monument	Voting

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Membership is a tax deductible donation. Many memberships are paid for by the business. Membership renewals are billed the same month each year and run for 12 months.  To become a member, visit our membership page on this website.

December 2007

OREGON TRAIL COMMUNITY FOUNDATION

Unaudited Comparative Balance Sheets December 31, 2007, 2006, 2005

	BALANCE SHEETS
	2007	2006	2005
ASSETS
Current Assets
Cash	$484,362	$215,736	$204,979
Total Current Assets	$484,362	$215,736	$204,979
Investments
Investments- undesignated	$1,127,307	$1,092,434	$979,436
Investments-restricted	$886,194	$865,538	$850,649
L T Donations receivable	$142,946	$133,742	$125,132
Total Investments:	$2,156,447	$2,091,714	$1,955,217
Fixed Assets (Net of Depreciation)
Gering Land Gift	$0	$0	$0
Midwest Theater	$224,795	$224,795	$224,795
Other	$121,965	$109,938	$111,177
Total Fixed Assets:	$346,760	$334,733	$335,972
TOTAL ASSETS:	$2,987,569	$2,642,183	$2,496,168

	LIABILITIES & EQUITY
	2007	2006	2005
CURRENT LIABILITIES:
Accounts Payable	$68,500	$71,100	$55,500
Prepaid Memorials	$1,795	$1,730	$1,945
Other	$0		$500
Current Liabilities:	$70,295	$72,830	$57,945
EQUITY:
Restricted Funds	$1,743,775	$1,445,110	$1,447,986
General Fund Balance	$1,173,499	$1,124,243	$990,237
Total Equity:	$2,917,274	$2,569,353	$2,438,223
TOTAL LIABILITIES & EQUITY	$2,987,569	$2,642,183	$2,496,168

2007 Income Statement