This small, Fairbury-based foundation concentrates its support on local historic preservation and direct aid to area students. Half of its recent giving funded the Fairbury City Museum’s alumni/memorabilia preservation project, while the remainder funded multiple modest scholarships for Fairbury students. The foundation appears locally focused and mission-driven toward keeping community history alive and investing in local youth.
Highly concentrated, locally focused giving with a mix of one large institutional commitment and several small, direct scholarships; few grants overall and repeated investment in hometown priorities rather than broad geographic diversification.
23 Preservation Foundation’s most distinctive recent grant is a $65,000 award to Fairbury City Museum for “ConveyManage Fairbury Alumni Memorabilia,” a single project that points to the foundation’s preservation focus. Across its recent giving, the foundation pairs that kind of heritage work with small, direct scholarships for Fairbury students. The grants are highly local and narrowly defined: museum support, student aid, and occasional cultural sponsorships tied to community institutions. That pattern shows a funder working on two tracks at once. On one track, the foundation supports preserving Fairbury’s alumni and memorabilia records through the museum. On the other, it makes repeated scholarship grants for students in the same community, with awards that are intentionally modest and restricted to educational support. The recent record also includes a small sponsorship for the Bonham Theatre Project, which fits the same place-based approach. The overall profile is compact and consistent. With annual grants of $140,500 and assets of $719,234, 23 Preservation Foundation gives in a way that reflects local stewardship rather than broad program expansion.
Local historic preservation is the clearest theme in 23 Preservation Foundation’s grantmaking. In 2025, it gave $65,000 to Fairbury City Museum for “ConveyManage Fairbury Alumni Memorabilia,” and it supported the same project again in 2024 with a $10,000 grant. Those awards show a sustained interest in maintaining community history and organizing alumni-related materials. Education is the other major thread. The foundation made scholarship grants of $24,000 in 2024, $22,000 in 2025, and $19,000 in 2023 to Various Scholarships for “Scholarships of 2000 or less to Fairbury students.” The repeated language suggests a continuing commitment to small-dollar aid for local students. Its cultural support also extends to community programming. The foundation awarded $250 in 2025 and $250 in 2024 to Bonham Theatre Project for “Sponsor Movie,” a modest recurring sponsorship tied to a local venue.
23 Preservation Foundation’s recent grants cluster around modest awards, with a typical grant size of p25 $5,125, median $19,000, and p75 $23,000. The record shows a mix of one large project grant and several smaller recurring grants, which pulls the median below the top award. Scholarship support appears across multiple years, while the museum and theatre gifts recur as named line items in the recent record. The foundation is not reported to fund individuals or make program-related investments. Its grantmaking also appears highly restricted to single-purpose support rather than open-ended funding.
$141K
$719K
$52K
$103K
Most grants fall between $5K and $23K, with a median of $19K.
25th Percentile
$5K
Median
$19K
75th Percentile
$23K
About 100% of grants go to recipients in NE.
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Notable grantees: Fairbury City Museum, Fairbury-area student scholarship program (multiple small awards), Fairbury alumni/memorabilia preservation project
Every recent grant in the provided record went to recipients in Nebraska, and 100% of grants were awarded to organizations in the foundation’s HQ state. Fairbury is the clear center of activity: Fairbury City Museum, Fairbury students through Various Scholarships, and Bonham Theatre Project all received grants in Fairbury, NE. The geographic pattern is local rather than regional or national, with no non-U.S. recipients in the recent grants list.
Its recent grants center on two local priorities: historic preservation through Fairbury City Museum and student scholarships for Fairbury students. The museum received a $65,000 grant in 2025 and a $10,000 grant in 2024 for the alumni memorabilia project, while scholarship funding appeared in 2023, 2024, and 2025.
The foundation’s typical grant size is p25 $5,125, median $19,000, and p75 $23,000. That range reflects a mix of very small sponsorships, mid-sized scholarship awards, and one much larger preservation grant.
No. In the recent grant record provided, all 7 grants went to recipients in the US, and 100% were awarded to recipients in Nebraska. The named recipients are all in Fairbury, NE.
Yes. Scholarship grants appear in 2023, 2024, and 2025, with awards of $19,000, $24,000, and $22,000 respectively to Various Scholarships for “Scholarships of 2000 or less to Fairbury students.”
The foundation has also supported a local arts venue through Bonham Theatre Project. It made $250 sponsorship grants in both 2024 and 2025 for “Sponsor Movie,” showing small recurring support for community cultural programming.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Fairbury City Museum | Fairbury, NE | $65,000 | 2025 | ConveyManage Fairbury Alumni Memorabilia |
| Various Scholarships | Fairbury, NE | $22,000 | 2025 | Scholarships of 2000 or less to Fairbury students |
| Bonham Theatre Project | Fairbury, NE | $250 | 2025 | Sponsor Movie |
| Various Scholarships | Fairbury, NE | $24,000 | 2024 | Scholarships of 2000 or less to Fairbury students |
| Fairbury City Museum | Fairbury, NE | $10,000 | 2024 | ConveyManage Fairbury Alumni Memorabilia |
| Bonham Theatre Project | Fairbury, NE | $250 | 2024 | Sponsor Movie |
| Various Scholarships | Fairbury, NE | $19,000 | 2023 | Scholarships of 2000 or less to Fairbury students |
Fairbury City Museum
$65,000ConveyManage Fairbury Alumni Memorabilia
Various Scholarships
$22,000Scholarships of 2000 or less to Fairbury students
Bonham Theatre Project
$250Sponsor Movie
Various Scholarships
$24,000Scholarships of 2000 or less to Fairbury students
Fairbury City Museum
$10,000ConveyManage Fairbury Alumni Memorabilia
Bonham Theatre Project
$250Sponsor Movie
Various Scholarships
$19,000Scholarships of 2000 or less to Fairbury students