Nelson Family Foundation
- Assets
- $5.6m
- Revenue
- $245.3k
- Investments
- $5.5m
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 36-4798042
Organization Overview
Nelson Family Foundation is located in Bismarck, ND. The organization was established in 2015. 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 Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Nelson Family Foundation has awarded 13 individual grants totaling $355,050. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey N Nelson Trustee | 1 | $0 | |
Patricia C Nelson Jan - Apr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $879 |
| Interest on Savings | $279 |
| Dividends & Interest | $139,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,726 |
| Capital Gain Net Income | $104,726 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $245,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $28 |
| Taxes | $10,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $55,216 |
| Contributions, gifts, grants paid | $300,050 |
| Total expenses and disbursements | $355,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,882 |
| Savings and temporary cash investments | $27,428 |
| 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 | $883,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,572,847 |
| 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, Nelson Family Foundation has awarded $300,050 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTOPHER & DANA REEVE FOUNDATION PURPOSE: GENERAL FUNDING | $60,000 |
THE MIAMI PROJECT PURPOSE: GENERAL FUNDING | $60,000 |
UND ALUMNI ASSOCIATION AND FOUNDATION PURPOSE: ENDOWMENT FUNDING | $40,000 |
UNIVERSITY OF NEW MEXICO FOUNDATION PURPOSE: GENERAL FUNDING | $40,000 |
OCEAN CONSERVANCY PURPOSE: GENERAL FUNDING | $30,000 |
THE NATURE CONSERVANCY PURPOSE: GENERAL FUNDING | $30,000 |