Margaret F Nice Charitable Trust
- Assets
- $608.1k
- Revenue
- $37.5k
- Investments
- $542.3k
- Employees
- 0
- Location
- Highlands Ranch, CO
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 48-1087687
Organization Overview
Margaret F Nice Charitable Trust is located in Highlands Ranch, CO. The organization was established in 1999. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaret F Nice 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 12/2022, Margaret F Nice Charitable Trust generated $37.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $59.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Nice Trustee | 2 | $0 | |
Mary W Nice Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $274 |
| Dividends & Interest | $15,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,320 |
| Capital Gain Net Income | $8,320 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,204 |
| Total Revenue | $37,477 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,365 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $59,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,774 |
| 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 | $608,065 |
| 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, Margaret F Nice Charitable Trust has awarded $50,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MIAMI BASCOM PALMER EYE INSTITUTE PURPOSE: SUPPORTING RESEARCH TO IMPROVE HOW WE HEAR,SEE AND LIVE | $10,000 |
COLLIER SENIOR CENTER PURPOSE: SUPPORTING RESEARCH TO IMPROVE HOW WE HEAR,SEE AND LIVE | $15,000 |
HABITAT FOR HUMANITY PURPOSE: SUPPORTING RESEARCH TO IMPROVE HOW WE HEAR,SEE AND LIVE | $25,000 |