Henry T Nicholas Iii Foundation
- Assets
- $192.6m
- Revenue
- $9.0m
- Investments
- $188.2m
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 20-7201390
Organization Overview
Henry T Nicholas Iii Foundation is located in Aliso Viejo, CA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry T Nicholas Iii Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Henry T Nicholas Iii Foundation generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. While expenses have increased by 12.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,665 |
| Dividends & Interest | $3,612,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,860,280 |
| Capital Gain Net Income | $4,877,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $515,523 |
| Total Revenue | $8,994,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $257,808 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,001 |
| Total operating and administrative expenses | $283,040 |
| Contributions, gifts, grants paid | $6,276,024 |
| Total expenses and disbursements | $6,559,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,404,337 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $188,174,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,927 |
| Total assets | $192,583,799 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,638,802 |
| Total liabilities | $2,638,802 |
Grants Awarded
Over the last fiscal year, Henry T Nicholas Iii Foundation has awarded $6,276,024 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY T NICHOLAS EDUCATIONAL FOUNDATION PURPOSE: YOUTH EDUCATION PROGRAMS ADVANCING STUDENT ACADEMICS | $6,226,024 |
UC IRVINE ROWING PURPOSE: BENEFIT THE UCI ROWING PROGRAM AND ATHLETES. | $50,000 |