Nicholas Fam Foundation Tr
- Assets
- $51.9m
- Revenue
- $7.2m
- Investments
- $42.5m
- Employees
- 0
- Location
- Mequon, WI
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 39-6589261
Organization Overview
Nicholas Fam Foundation Tr is located in Mequon, WI. The organization was established in 1994. 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. Nicholas Fam Foundation Tr 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, Nicholas Fam Foundation Tr generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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, Nicholas Fam Foundation Tr has awarded 497 individual grants totaling $22,830,775. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy J Nicholas Trustee | 0 | $0 | |
Lynn S Nicholas President - Trustee | 25 | $120,000 | |
Susan N Fasciano Trustee | 0 | $0 | |
David O Nicholas Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,526 |
| Dividends & Interest | $1,090,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,949,996 |
| Capital Gain Net Income | $5,949,996 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $110,201 |
| Total Revenue | $7,153,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,180 |
| Interest | $0 |
| Taxes | $6,147 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $143,162 |
| Contributions, gifts, grants paid | $2,954,467 |
| Total expenses and disbursements | $3,097,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $9,331,751 |
| 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 | $35,174,843 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $77,528 |
| Total assets | $51,918,535 |
| 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 | $15,045 |
| Total liabilities | $15,045 |
Grants Awarded
Over the last fiscal year, Nicholas Fam Foundation Tr has awarded $3,372,167 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS GREATER MILW CHAPTER PURPOSE: ANNUAL CAMPAIGN. TO PROVIDE RELIEF TO VICTIMS OF DISASTER, AND HELP PEOPLE PREVENT, PREPARE AND RESPOND TO EMERGENCIES. | $80,000 |
ALS ASSOCIATION SE WI CHAPTER PURPOSE: BOUGHT TABLE AT BALL. DEDICATED TO FIGHT AGAINST ALS THROUGH RESEARCH, PATIENT SUPPORT AND INFORMATION AWARENESS. | $50,000 |
BALANCE INC PURPOSE: ANNUAL CAMPAIGN. DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR PERSONS WITH DEVELOPMENTAL DISABILITIES. | $15,000 |
ASCENSION COLUMBIA ST MARY'S FOUNDATION PURPOSE: ANNUAL CAMPAIGN. SUPPORT CURRENT PROGRAMS AND SERVICES. ENHANCE THE HEALTH AND WELL BEING OF OUR COMMUNITY. | $75,000 |
BIRCH CREEK MUSIC PERFORMANCE CENTER INC PURPOSE: ANNUAL CAMPAIGN. SUMMER MUSIC ACADEMY IN DOOR CTY WI FOR ADVANCED YOUNG MUSICANS. | $15,000 |
BRECKENRIDGE OUTDOOR EDUCATION CENTER PURPOSE: ANNUAL CAMPAIGN. TO PROVIDE ACCESS TO OUTDOOR ADVENTURE AND LEARNING OPPORTUNITIES FOR THOSE OF ALL ABILITIES. | $10,000 |