Nichols Company Charitable Trust
- Assets
- $3.1m
- Revenue
- $312.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 09/1953
- Data as of
- 12/2021
- EIN
- 44-6015538
Organization Overview
Nichols Company Charitable Trust is located in Kansas City, MO. The organization was established in 1953. 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. Nichols Company Charitable Trust 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, Nichols Company Charitable Trust generated $312.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $183.4k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 4 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 2020, Nichols Company Charitable Trust has awarded 77 individual grants totaling $483,742. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Kirby Treasurer | 1 | $0 | |
Benjamin Meeker Director | 0.5 | $0 | |
Chris Heaphy Director | 0.5 | $0 | |
Tom Pendergrast Director | 0.5 | $0 | |
David Harris President | 0.5 | $0 | |
Kassandra Vena Vice President & Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62 |
| Dividends & Interest | $39,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $273,227 |
| Capital Gain Net Income | $273,227 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $312,869 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,397 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,043 |
| Contributions, gifts, grants paid | $160,368 |
| Total expenses and disbursements | $183,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $754,299 |
| 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 | $4,500 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,124,554 |
| 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, Nichols Company Charitable Trust has awarded $160,368 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: GENERAL OPERATING SUPPORT - CIVIC | $25,000 |
Kansas City, MO PURPOSE: GENERAL OPERATING SUPPORT - CIVIC | $20,000 |
Kansas City, KS PURPOSE: GENERAL OPERATING SUPPORT - EDUCATION | $20,000 |
Kansas City, MO PURPOSE: GENERAL OPERATING SUPPORT - CULTURE | $15,000 |
Kansas City, MO PURPOSE: GENERAL OPERATING SUPPORT - CULTURE | $10,000 |
KANSAS CITY PUBLIC SCHOOLS PURPOSE: GENERAL OPERATING SUPPORT - EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |