The Lincoln Rotary Club 14 Foundation is a not-for-profit Nebraska corporation, chartered in 1997 to provide a source of support for the objectives of Lincoln Rotary Club 14. The Foundation enjoys tax exempt status under section 501(c)(3) of the Internal Revenue Code of the United States. The entity is organized to hold and manage assets which will hopefully increase in value over time through new contributions, earnings and careful superintendence of available funds.

The Foundation is dedicated to "Service Above Self," the motto that guides the activities of Rotary clubs throughout the world. The Foundation's vision for the future includes civic and financial support for the Lincoln/Lancaster County, Nebraska, community and beyond through support of selected projects that reflect the aims and goals of Club 14.