The Richard And Barbara Nelson Foundation
- Assets
- $866.0k
- Revenue
- $75.0k
- Investments
- $834.5k
- Employees
- 0
- Location
- Spring Lake, NJ
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 37-6547620
Organization Overview
The Richard And Barbara Nelson Foundation is located in Spring Lake, NJ. The organization was established in 2013. 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. Richard And Barbara Nelson 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, Richard And Barbara Nelson Foundation generated $75.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $25,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,982 |
| Capital Gain Net Income | $48,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $443 |
| Total Revenue | $74,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,960 |
| Total operating and administrative expenses | $10,477 |
| Contributions, gifts, grants paid | $35,250 |
| Total expenses and disbursements | $45,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,483 |
| Savings and temporary cash investments | $0 |
| 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 | $866,021 |
| 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, The Richard And Barbara Nelson Foundation has awarded $35,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SISTERS ACADEMY PURPOSE: SUPPORT OF COMMUNITY | $10,000 |
MAKE A WISH FOUNDATION PURPOSE: MAKE WISHES COME TRUE FOR KIDS WITH LIFE-THREATENING MEDICAL CONDITIONS | $10,000 |
Spring Lake, NJ PURPOSE: SUPPORT OF COMMUNITY | $5,000 |
ST JUDES CHILDREN RESEARCH PURPOSE: SUPPORT OF COMMUNITY | $5,000 |
FULFILL NJ PURPOSE: SUPPORT OF COMMUNITY | $5,000 |
GOODWILL FIRE COMPANY PURPOSE: SUPPORT OF COMMUNITY | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcare Foundation Of New Jersey Inc Millburn, NJ | $201,281,752 | $11,925,991 |
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |
Virginia B Toulmin Charitable Foundation Iii 20-102080246164 New York, NY | $0 | $3,507,979 |
Foundation For Excellence In Higher Education Inc Princeton, NJ | $10,905,740 | $10,645,198 |
Margaret A Nagel Tr Uw Art 2 Jericho, NY | $960,283 | $58,879 |