Nystrom Family Foundation
- Assets
- $2.7m
- Revenue
- $25.3k
- Investments
- $2.3m
- Employees
- 0
- Location
- Rockport, TX
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 46-1556508
Organization Overview
Nystrom Family Foundation is located in Rockport, TX. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Nystrom 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 12/2022, Nystrom Family Foundation generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $224.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nystrom Family Foundation has awarded 46 individual grants totaling $801,356. 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 |
|---|---|---|---|
Winthrop Voorhies Nystrom Director, President, & Treasurer | 0 | $0 | |
Suzanne Nystrom Director & Vice President | 0 | $0 | |
Doris Enders Director & Secretary | 0 | $0 | |
Michael Jeanfreau Director & Vice President | 0 | $0 | |
Andrew Kanaly Director & Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$32,669 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,322 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $34,441 |
| Contributions, gifts, grants paid | $190,383 |
| Total expenses and disbursements | $224,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $403,726 |
| 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 | $2,700,030 |
| 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, Nystrom Family Foundation has awarded $190,383 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS MARITIME MUSEUM PURPOSE: PROGRAM SUPPORT | $16,383 |
ACCESS INC PURPOSE: PROGRAM SUPPORT | $20,000 |
ARANSAS COUNTY COUNCIL ON AGING PURPOSE: PROGRAM SUPPORT | $20,000 |
ROCKPORT-FULTON GOOD SAMARITANS PURPOSE: PROGRAM SUPPORT | $25,000 |
ARANSAS COUNTY ISD EDUCATION FDN PURPOSE: PROGRAM SUPPORT | $25,000 |
CHIHUAHUAN DESERT RESEARCH INSTITUTE PURPOSE: PROGRAM SUPPORT | $12,000 |