Allen E & Marie A Nickless Memorial Foundation
- Assets
- $6.5m
- Revenue
- $769.4k
- Investments
- $6.2m
- Employees
- 0
- Location
- Saginaw, MI
- Founding
- 01/1971
- Data as of
- 12/2021
- EIN
- 23-7011258
Organization Overview
Allen E & Marie A Nickless Memorial Foundation is located in Saginaw, MI. The organization was established in 1971. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Allen E & Marie A Nickless Memorial 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 12/2021, Allen E & Marie A Nickless Memorial Foundation generated $769.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $292.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Allen E & Marie A Nickless Memorial Foundation has awarded 313 individual grants totaling $2,236,962. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT CONDUCT DIRECT CHARITABLE ACTIVITIES OR INCUR EXPENSES RELATIVE TO CHARITABLE ACTIVITIES, EXCEPT IN THE PERFORMANCE OF THE NECESSARY EVALUATION OF GRANTS TO THE ORGANIZATION AS SET FORTH IN PART XV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Wierda Trustee | 1 | $1,750 | |
Darcy Nickless Berry Vice Preside | 1 | $1,250 | |
Charles Nickless President | 1 | $1,250 | |
Amy Zehnder-Grossi Trustee | 1 | $750 | |
Andrew Ahlschwede Trustee | 1 | $750 | |
John Humphreys Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $665,870 |
| Capital Gain Net Income | $665,870 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $769,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,329 |
| Total operating and administrative expenses | $75,319 |
| Contributions, gifts, grants paid | $217,600 |
| Total expenses and disbursements | $292,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,735 |
| Savings and temporary cash investments | $218,274 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,483,839 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Allen E & Marie A Nickless Memorial Foundation has awarded $217,600 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
FRANKENMUTH FARMER'S MARKET GROUP PURPOSE: PROVIDE ACCESS TO FRESH LOCAL FOOD | $27,500 |
MARY FREE BED AT COVENANT HEALTHCAR PURPOSE: NEW FACILITY | $20,000 |
SAGINAW-SHIAWASSEE HABITAT FOR PURPOSE: GENERAL FUND | $14,850 |
Saginaw, MI PURPOSE: YOUTH DEVELOPMENT AND COMMUNITY SERV | $12,500 |
Saginaw, MI PURPOSE: GENERAL FUND | $12,500 |
DELTA COLLEGE SCHOLARSHIP FOUNDATIO PURPOSE: SCHOLARSHIP OPPORTUNITIES AT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |
American Electric Power Foundation Columbus, OH | $61,577,266 | $10,199,855 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Dean & Barbara White Family Foundation Inc Merrillville, IN | $792,865,434 | $81,802,743 |
Wilson Sheehan Foundation Springfield, OH | $57,339,515 | $15,119,930 |