Nationwide Foundation
- Assets
- $84.1m
- Revenue
- $45.0m
- Investments
- $36.0m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 09/1961
- Data as of
- 12/2023
- EIN
- 31-6022301
Organization Overview
Nationwide Foundation is located in Columbus, OH. The organization was established in 1961. 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. Nationwide 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 12/2023, Nationwide Foundation generated $45.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $40.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nationwide Foundation has awarded 12 individual grants totaling $153,381,054. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL DONATIONS MADE TO PUBLIC CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jester Chad A President | 5 | $0 | |
Rost Kristen Vice President | 5 | $0 | |
Dwyer Timothy J Treasurer | 0.5 | $0 | |
Walker Tonya G Assistant Treasurer | 0.25 | $0 | |
Biesecker Pamela A Chief Tax Officer | 0.08 | $0 | |
Walker Kirt A Trustee | 0.08 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,000,000 |
| Interest on Savings | $1,526,902 |
| Dividends & Interest | $610,048 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,821,168 |
| Capital Gain Net Income | $211,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,958,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $104,040 |
| Contributions, gifts, grants paid | $39,892,322 |
| Total expenses and disbursements | $39,996,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,972,232 |
| Savings and temporary cash investments | $6,939 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $39,000,000 |
| 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 | $3,912 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,084,002 |
| Total assets | $84,107,074 |
| Accounts payable and accrued expenses | $52,026 |
| Grants payable | $831,427 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $422,849 |
| Total liabilities | $1,306,302 |
Grants Awarded
Over the last fiscal year, Nationwide Foundation has awarded $39,896,661 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONWIDE FOUNDATION 2023 GRANTS PURPOSE: GRANTS PAID TO VARIOUS FOUNDATIONS IN 2023, PLEASE SEE ATTACHED PART XIV GRANT FOR SUPPORT. | $39,322,627 |
MATCHING EDUCATION GIFTS PURPOSE: MATCHING EDUCATION GIFT SENT TO VARIOUS ENTITIES, PLEASE SEE ATTACHED PART XV GRANT FOR SUPPORT. | $478,534 |
LEADERSHIP AND VOLUNTEER GRANTS PURPOSE: OTHER LEADERSHIP AND VOLUNTEER GRANTS PAID TO VARIOUS FOUNDATIONS, PLEASE SEE ATTACHED PART XV GRANT FOR SUPPORT. | $95,500 |