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 378 individual grants totaling $16,787,208. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn S Nicholas President - Trustee | 25 | $120,000 | |
Nancy J Nicholas Trustee | 0 | $0 | |
David O Nicholas Trustee | 0 | $0 | |
Susan N Fasciano 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 $2,954,467 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
Rockford, IL PURPOSE: ANNUAL ENDOWMENT. SUPPORTS ENHANCEMENTS AND PROGRAMMING AT THE NICHOLAS CONSERVATORY AND GARDENS. | $500,000 |
CHILDREN'S HOSPITAL & HEALTH SYSTEM FOUNDATION PURPOSE: ANNUAL CAMPAIGN. ADVANCE THE WORK OF PEDIATRIC PATIENT CARE, REASEARCH AND TEACHING. | $250,000 |
MACC FUND PURPOSE: ANNUAL CAMPAIGN AND HOPE TEAM. SUPPORTS RESEARCH, EFFECIVE TREATMENT AND CURE FOR CHILDHOOD CANCER. | $187,000 |
KATHY'S HOUSE PURPOSE: CAPITAL CAMPAIGN. TO HELP PATIENTS ACCESS NECESSARY AND LIFE-SAVING CARE AND KEEP FAMILIES TOGETHER AT A TIME WHEN FAMILY MATTERS MOST | $166,667 |
ROGERS BEHAVIORAL HEALTH FOUNDATION PURPOSE: CAPITAL CAMPAIGN. TO HELP SUPPORT THE NEW RESEARCH CENTER AND MENTAL HEALTH TREATMENTS IN GENERAL. TO CREATE AWARENESS AROUND MENTAL HEALTH. | $150,000 |
Milwaukee, WI PURPOSE: ANNUAL CAMPAIGN. SUPPORTS PERMANENT OR SPECIAL EXHIBITS, EDUCATIONAL PROGRAMS.ANNUAL SUPPORT. SUPPORTS PERMANENT OR SPECIAL EXHIBITS, EDUCATIONAL PROGRAMS OR NAMES FOR A CURATORIAL CHAIR FOR THE MUSEUM.CAPITAL CAMPAIGN. SUPPORT PERMANENT OR SPECIAL EXHIBITS, EDUCATIONAL PROGRAMS OR NAMES FOR A CURATORIAL CHAIR FOR THE MUSEUM. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nicholas Fam Foundation Tr has recieved totaling $1,750.
| Awarding Organization | Amount |
|---|---|
Baird Foundation Inc Milwaukee, WI PURPOSE: GENERAL CHARITABLE | $1,000 |
Richard G Jacobus Family Foundation Inc Milwaukee, WI PURPOSE: MEMORIAL | $500 |
John T Jacobus Family Foundation Inc Milwaukee, WI PURPOSE: MEMORIAL | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |