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Robert B. Daugherty Foundation
The Robert B. Daugherty Foundation traces to 2008 and the estate of Robert B. Daugherty, who built Valmont Industries into a center-pivot irrigation...
Robert B. Daugherty Foundation
The Robert B. Daugherty Foundation traces to 2008 and the estate of Robert B. Daugherty, who built Valmont Industries into a center-pivot irrigation manufacturer. Mogens C. Bay, former Valmont CEO, serves as chairman while John K. Wilson acts as executive director. The foundation maintains its offices inside the Valmont headquarters complex in Omaha. Assets consist of a diversified securities portfolio of common stocks and fixed-income holdings that produce about $12 million in annual income. Confirmed positions include a long equity stake in Valmont Industries valued near $100 million. The foundation also holds interests in Durham Resources and Tetrad Corporation. Grantmaking concentrates on Nebraska with additional support for the University of Nebraska system and local service organizations. The foundation employs five professionals and participates in the Omaha Chamber of Commerce and Omaha Zoological Society. In May 2024 it attended the Creighton University commencement as part of ongoing community engagement. No additional offices outside Omaha appear in available records. Headquarters location inside the Valmont complex and board overlap with former Valmont executives create a direct operating link between the foundation and the originating manufacturing business.
General information
Firm type
Endowment / Foundation
Year founded
2008
Location
Region
North America
Country
United States
City
Omaha
Corporate office
15000 Valmont Plaza, Suite 202, Omaha, NE 68154, United States
Principals
Mogens C. Bay
Chairman
John K. Wilson
Executive Director
Clarkson D. Lauritzen
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at the Robert B. Daugherty Foundation?
Mogens C. Bay serves as chairman and John K. Wilson as executive director. The board includes Clarkson D. Lauritzen and additional trustees with Nebraska business ties. Decisions center on grant allocation rather than active trading.
Does the Robert B. Daugherty Foundation participate in fund commitments or only direct deals?
Available records show direct equity holdings and grant distributions. No fund commitments or external manager relationships are documented.
Where does the underlying wealth come from?
Wealth originates from Robert B. Daugherty, founder of Valmont Industries. The foundation maintains a significant equity position in the company.
What geographic focus does the Robert B. Daugherty Foundation maintain?
Grantmaking targets the greater Omaha area and the State of Nebraska. One affiliated institute operates with a global research mandate.
How is the Robert B. Daugherty Foundation related to Valmont Industries?
The foundation was established by Valmont founder Robert B. Daugherty. It maintains headquarters space inside the Valmont complex and holds a long equity stake in the company.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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