The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 250 communities located in 80 counties. NCF and its affiliated funds have reinvested $269 million in Nebraska since 1994.
Nebraska Community Foundation (NCF) and its affiliated funds cannot conduct raffles or lotteries as fundraisers.
A state license is required to conduct raffles or lotteries, and there are numerous specific requirements that must be met in order to be eligible for a license. NCF does not meet the requirements to qualify for a license; and as affiliated funds are not separate legal entities from NCF, they cannot apply/qualify for a license separately.
NCF and its affiliated funds may accept as a contribution the net proceeds from a raffle or lottery conducted in accordance with the law by an organization that holds a Nebraska license to conduct these types of fundraising activities. “Net proceeds” means the gross amount raised from the lottery or raffle less the associated expenses (including the 65% minimum payout amount, a 2% tax on gross proceeds and the out-of-pocket costs such as printing tickets).
NCF will not make disbursements to pay the costs associated with a lottery or raffle, regardless of whether the organization conducting the lottery or raffle has a license.
Lemoine “Andy” and the late Geri Anderson, who owned and operated Anderson Motors, Inc. in McCook for 42 years, worked with the Nebraska Community Foundation to develop an innovative plan to provide for a gift of $346,431 to the McCook Community Foundation Fund’s endowment.Read more →