M & M Foundation

EIN 81-0760482 Private foundation / grantmaker Omaha, NE

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Size

$100K–1M

What they do

A private foundation based in Omaha, NE. It reported about $162K in revenue for 2025.

Leadership

Megan Huerter · President - as Needed

Money in and out

$162K revenue, $69K expenses

Bottom line

—

A private foundation based in Omaha, NE. It reported about $162K in revenue for 2025. For fiscal year 2025 it reported $162K in revenue, $69K in expenses, and $463K in net assets.Pt I

Grants paid & assets · FY2025

Total revenue

$162K

Pt VIII · Ln 12

Total expenses

$69K

Pt IX · Ln 25

Net assets

$463K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $94K

Total assets

463K

deployed as grants and operations

Grants paid

51K

in FY2025

Grants made

5grants

total in period

Payout rate

11%

of assets (5% rule)

Who They Fund

Part XV · grants paid · 5 grants · $51K · 2025–2025

Youth Emergency ServicesFY2025$15,000

Mosaic Family Services INCFY2025$15,000

Children's Respite Care CenterFY2025$10,000

Grant Halliburton FoundationFY2025$10,000

Okoboji Yacht Club Sailing SchoolFY2025$1,000

Grantmaking Profile

Patterns in foundation giving

Average grantPart XV$10K

Median grantPart XV$10K

Largest grantPart XV$15K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF

Revenue

$162K

FY2025▲ +133%

Expenses

$69K

FY2025▲ +5%

Total assets

$463K

FY2025▲ +25%

Total liabilities

FY2025

Total revenue

$162K

Pt VIII · Ln 12

Total expenses

$69K

Pt IX · Ln 25

Net assets

$463K

Pt X · Ln 32

Total assetsPt II$463K

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CM & M Foundation

EINHdr · item D81-0760482

Principal addressHdr · item COmaha, NE

WebsiteHdr · item Jnone reported

State of legal domicileHdr · item MNE

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFFoundations & Grantmakers (T22)

Ruling yearIRS BMFDec 2015

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Megan Huerter

President - as Needed

$0Pt VII · Sec A

Jordan Kerr

Vice President - as Needed

$0Pt VII · Sec A

Louis Landen

Secretary - as Needed

$0Pt VII · Sec A

Jim Huerter

Treasurer - as Needed

$0Pt VII · Sec A

Kelly Landen

Grants Committee Chair

$0Pt VII · Sec A

Charlie Landen

At-Large Member - as Needed

$0Pt VII · Sec A

Bennett Landen

At-Large Member - as Needed

$0Pt VII · Sec A

Nancy Kerr

At-Large Member - as Needed

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Contributions & grants$120K · 74%

Investment income$42K · 26%

Contributions & grants74%$120K

Investment income26%$42K

Other revenue$179

Total revenueLn 12$162K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

74%

26%

Grants & contributions paid $0.74 Operating & administrative $0.26

Grants & contributions paid74%$51K

Operating & administrative26%$18K

Total functional expensesLn 25$69K

Balance Sheet

Part X · end of year

CashLn 1$115K

Total assetsLn 16$463K

Total liabilitiesLn 26$0

Total net assetsLn 32$463K

Months of cash on handcomputed20.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $463K

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $162K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $162K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $162K · Prior year $70K

+133%

Net-asset trend (YoY)

End of year $463K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $162K · Expenses $69K

+58%

Liabilities-to-Assets

Total liabilities — · Total assets $463K

—

Net-asset ratio

Net assets $463K · Total assets $463K

100%

People & payroll

Highest Reported Total Compensation

Individual Megan Huerter · Reported title President - As Needed · Highest reported compensation $0 · Total expenses $69K

Personnel share

not reported

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	133%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$162K revenue · viewing · ⤓ 990 PDF

FY2024$70K revenue · ⤓ 990 PDF

FY2023$62K revenue · ⤓ 990 PDF

FY2022$47K revenue · ⤓ 990 PDF

FY2021$110K revenue · ⤓ 990 PDF

FY2020$23K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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