J N Nelson Family Foundation
- Assets
- $4.8m
- Revenue
- $1.9m
- Investments
- $4.7m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 38-3342652
Organization Overview
J N Nelson Family Foundation is located in Boca Raton, FL. The organization was established in 1997. 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. J N 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.
For the year ending 12/2023, J N Nelson Family Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $408.5k during the year ending 12/2023. While expenses have increased by 16.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, J N Nelson Family Foundation has awarded 94 individual grants totaling $1,409,900. 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 |
|---|---|---|---|
Jay N Nelson President | 0.5 | $0 | |
Marilyn S Nelson Vice President | 0.5 | $0 | |
Robin N Contessa Treasurer | 0.5 | $0 | |
Bonnie S Haschke Director | 0.5 | $0 | |
David N Nelson Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $756,243 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $948,526 |
| Capital Gain Net Income | $948,526 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,850,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,701 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $58,469 |
| Contributions, gifts, grants paid | $350,000 |
| Total expenses and disbursements | $408,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,366 |
| 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 | $4,765,352 |
| 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, J N Nelson Family Foundation has awarded $350,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOCO RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATIONS | $200,000 |
FLINT INSTITUTE OF MUSIC PURPOSE: SPONSOR CONCERT | $12,500 |
FLINT ROTARY CLUB PURPOSE: GENERAL OPERATIONS | $2,000 |
GENESYS HOSPITAL PURPOSE: GENERAL OPERATIONS | $10,000 |
HOOVER INSTITUTE PURPOSE: GENERAL OPERATIONS | $25,000 |
HILLSDALE COLLEGE PURPOSE: GENERAL OPERATIONS | $25,000 |