The Peter Kiewit Foundation, one of Omaha’s prodigious philanthropic donors, plans to spend $480 million by 2030 to wind down the organization. According to the Omaha World Herald, the foundation has historically spent $25 to $50 million, but the current plan may lead to even larger investments in the Omaha community. The foundation has provided almost $1 billionto a variety of projects, local non-profits and the University of Nebraska system. The foundation donated $55 million to The Riverfront Parks project. With over $225 million donated to support projects in the Urban Core, it’s anticipated that the foundation will make additional investments in projects that will continue the downtown area’s transformation. – Isaiah Ang
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