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    3. Greater Norfolk Economic Development Foundation
    Greater Norfolk Economic Development Foundation logo

    Greater Norfolk Economic Development Foundation

    ActiveCommunity Improvement
    Norfolk, NEWebsite4028442264

    About Greater Norfolk Economic Development Foundation

    The mission of the Greater Norfolk Economic Development Foundation (GNEDF) is to create, facilitate and support partnerships to develop quality economic growth in the region.

    Focus Areas

    Economic developmentWorkforce housingLand/site developmentIndustrial and commercial recruitment

    Who They Fund

    downtown small businesseslocal municipalities/municipal economic development agenciescommunity residents of downtown neighborhoodslocal economy/stakeholders (business owners, property owners)

    Funding Style

    place-based investmentcapital/project-specific funding

    About Greater Norfolk Economic Development Foundation

    The largest recent award on file is a $1,110,000 grant to the City of Norfolk for downtown construction and growth, which points to how the Greater Norfolk Economic Development Foundation uses capital for place-based economic development. The foundation’s grantmaking centers on Norfolk and nearby projects that support redevelopment, workforce capacity, and the local business base. Recent support also includes an $805,330 grant to the City of Norfolk for the same downtown construction and growth purpose, showing a repeated emphasis on community-scale project funding rather than small discretionary awards. Another major grant, $736,049 to MP Global Products LLC for support to the local economy, indicates that private-sector activity is part of the portfolio as well. Their stated mission is to create, facilitate, and support partnerships that develop quality economic growth in the region. The program mix aligns with that mission through funding connected to downtown revitalization, industrial and commercial recruitment, workforce housing, and land and site development.

    What Greater Norfolk Economic Development Foundation Funds

    Downtown construction and revitalization are a clear thread in the foundation’s work. The City of Norfolk received $1,110,000 for downtown construction and growth, and a second grant of $805,330 for the same purpose shows that this is not a one-off priority. The foundation also backs private-sector activity tied to the local economy: MP Global Products LLC received $736,049 for support to the local economy. That combination suggests a focus on both public-facing redevelopment and business activity that can reinforce it. The organization’s stated focus areas also include workforce housing, land and site development, and industrial and commercial recruitment, which fits a place-based economic development model centered on project-specific investment.

    How Greater Norfolk Economic Development Foundation Gives

    Grant sizes are large and tightly clustered: p25 is $770,690, median is $805,330, and p75 is $957,665. The recent grants list shows repeat funding to the same recipient and purpose across multiple years, with the City of Norfolk appearing more than once for downtown construction and growth. The foundation operates as a local place-based funder, with all recent grants going to Nebraska recipients. It also funds capital and project-specific work rather than individuals, and the available program list shows multiple local incentives and public-finance tools that can be used by organizations and employers in Norfolk.

    Financial Snapshot

    Annual Giving

    $1.1M

    Total Assets

    $9.3M

    Total Revenue

    $1.3M

    Total Expenses

    $1.4M

    Typical Grant Size

    Most grants fall between $771K and $958K, with a median of $805K.

    25th Percentile

    $771K

    Median

    $805K

    75th Percentile

    $958K

    Geographic Reach

    Local1 state funded
    Funding intensity
    Low
    High
    Headquarters

    Leadership

    Stephen Sunderman

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    Privacy PolicyTerms of ServiceSystem Status
    EIN (Tax ID): 36-3441719Latest Form 990: 2024Total assets: $9.3M2 filings on recordFind their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    economic development grants
    catalytic/downtown revitalization funding

    Topics

    downtown revitalizationcommercial corridor constructionlocal infrastructure/streetscape improvementssmall business district growthplacemaking and public realm enhancements

    Where Greater Norfolk Economic Development Foundation Makes Grants

    Recent grants are concentrated in Norfolk, Nebraska. The City of Norfolk appears as a recipient more than once, and MP Global Products LLC is also in Norfolk. The recipient country distribution is entirely U.S.-based, with 3 grants and 100% in the United States. The foundation’s giving is local and all grants in the file went to recipients in Nebraska, so the geographic footprint is tightly centered on the Norfolk area.

    Frequently Asked Questions About Greater Norfolk Economic Development Foundation

    What kinds of projects does Greater Norfolk Economic Development Foundation support?

    Its stated focus areas include economic development, workforce housing, land and site development, and industrial and commercial recruitment. The recent grant record also shows support for downtown construction and growth, along with funding tied to the local economy.

    How large are the foundation’s typical grants?

    The grant-size distribution is high and narrow: p25 is $770,690, median is $805,330, and p75 is $957,665. Recent awards on file are all in the hundreds of thousands of dollars.

    Does the foundation make repeated grants to the same recipient?

    Yes. The City of Norfolk appears multiple times in the recent grants list, including two separate awards for downtown construction and growth in 2023 and 2024. That pattern suggests ongoing support for some projects or recipients.

    Where does the foundation give?

    Its giving is local, and 100% of the grants in the file went to recipients in Nebraska. The recent grants list points specifically to Norfolk, NE, as the main recipient location.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Open Grant Opportunities

    Current and upcoming funding from Greater Norfolk Economic Development Foundation that your nonprofit may be able to apply for.

    Open nowRolling / open intake

    New Markets Tax Credit (NMTC) Partnership Assistance

    community facilitiesreal estate developmentbusiness investment+1 more

    Who can apply: Projects must be located in eligible NMTC areas; the page references areas of Norfolk that are 'severely distressed or non-metropolitan' and eligible for NMTC consideration.

    View & apply
    Open nowRolling / open intake

    Customized Job Training (CJT) Grant Program

    workforce trainingemployee retrainingjob creation+1 more

    Who can apply: CJT provides assistance for employee training to businesses that create or retain quality jobs in Nebraska. OJTs apply to employers in private, private nonprofit, or public sectors. Worker Training Program supports retraining and upgrading Nebraska's current workforce.

    View & apply

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    City of NorfolkNorfolk, NE$1,110,0002024Provide support to community for downtown construction and growth
    City of NorfolkNorfolk, NE$805,3302023Provide support to community for downtown construction and growth
    MP Global Products LLCNorfolk, NE$736,0492023Provide support to local economy

    City of Norfolk

    $1,110,000
    Norfolk, NE2024

    Provide support to community for downtown construction and growth

    City of Norfolk

    $805,330
    Norfolk, NE2023

    Provide support to community for downtown construction and growth

    MP Global Products LLC

    $736,049
    Norfolk, NE2023

    Provide support to local economy