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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Foundation for Educational Funding Ii

Foundation for Educational Funding Ii

Fiscal year ending 2024. Filed on July 23, 2025.

PO Box 82552
Lincoln, Nebraska 68501

Foundation for Educational Funding Ii (EIN: 31-1777710), also known as Educationquest Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Foundation for Educational Funding Ii, a 501(c)(3) charitable organization, reported compensation for 5 out of 5 total employees. Among the employees shown here, the average compensation is $233,207. The highest compensated employee at Foundation for Educational Funding Ii is Elizabeth S Koop with fiscal year 2024 compensation of $430,322.

Revenue, expenses, and employee compensation

Revenue

$10,651,296

Expenses

$10,808,688

Employee compensation

$3,715,545
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elizabeth S Koop
President and Chief Executive Officer and Director
$430,322
$368,289 No related comp$62,033
Michael J Timmins
Cfo/Senior Vice President
$236,655
$186,015 No related comp$50,640
Daphane Hall
Senior Vice President
$196,861
$173,992 No related comp$22,869
Eric Drumheller
Vice President
$157,988
$120,942 No related comp$37,046
Regan Anson
Assistant Vice President of Communication
$144,208
$115,375 No related comp$28,833

Benchmark Employee Compensation

Non-Employee Board Members

Craig Ames
Director
$21,750
$21,750 No related compNo other comp
Thomas Smith
Director
$20,500
$9,750 $10,750 No other comp
Kelly Leeper
Director
$13,750
$13,750 No related compNo other comp
Michael Green
Director
$13,500
$13,500 No related compNo other comp
Debbie Cooper
Director
$13,000
$13,000 No related compNo other comp
Wendy Boyer
Director
$11,500
$11,500 No related compNo other comp
Jennifer Strand
Director
$9,750
$9,750 No related compNo other comp
Miguel Carranza
Director
$6,500
$6,500 No related compNo other comp

Contractors

Mercer
Investment Consulting
$170,182

Mission Statement

IMPROVE ACCESS TO HIGHER EDUCATION IN NEBRASKA: THIS ORGANIZATION'S EXCLUSIVE PURPOSE IS TO OPERATE AS A SUPPORTING ORGANIZATION BY CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OR TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF, EDUCATIONQUEST FOUNDATION, A NEBRASAKA NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3), 509(A)(2) OF THE INTERNAL REVENUE CODE.

Revisions to this organization profile

July 23, 2025:
2024 Foundation for Educational Funding Ii 990 filed
May 20, 2024:
2023 Foundation for Educational Funding Ii 990 filed
May 24, 2023:
2022 Foundation for Educational Funding Ii 990 filed

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