Nelson Talbott Foundation is located in Washington, DC. The organization was established in 1949. 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. Nelson Talbott 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 09/2022, Nelson Talbott Foundation generated $210.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $276.0k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Nelson Talbott Foundation has awarded 255 individual grants totaling $880,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Fabens III Trustee | 0 | $0 | |
Ep Talbott Trustee | 0 | $0 | |
Mary J Talbott Trustee | 0 | $0 | |
Kirk Talbott Trustee | 0 | $0 | |
Nelson S Talbott III Trustee | 0 | $0 | |
Melissa R Marshall Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $54 |
Dividends & Interest | $56,697 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $153,291 |
Capital Gain Net Income | $153,291 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $210,042 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $200 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $26,037 |
Contributions, gifts, grants paid | $250,000 |
Total expenses and disbursements | $276,037 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,157 |
Savings and temporary cash investments | $146,045 |
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 | $3,336,475 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $3,493,677 |
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 |
Over the last fiscal year, Nelson Talbott Foundation has awarded $250,000 in support to 64 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: GENERAL NEEDS OR PURPOSE | $32,500 |
New York, NY PURPOSE: GENERAL NEEDS OR PURPOSE | $30,500 |
Washington, DC PURPOSE: GENERAL NEEDS OR PURPOSE | $20,000 |
Philadelphia, PA PURPOSE: GENERAL NEEDS OR PURPOSE | $17,500 |
Los Angeles, CA PURPOSE: GENERAL NEEDS OR PURPOSE | $13,500 |
AMERICAN DITCHLEY FOUNDATION PURPOSE: GENERAL NEEDS OR PURPOSE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |