Nicholson Family Foundation
- Assets
- $6.6m
- Revenue
- $723.4k
- Investments
- $6.5m
- Employees
- 0
- Location
- Aptos, CA
- Founding
- 02/1997
- Data as of
- 05/2022
- EIN
- 77-0444787
Organization Overview
Nicholson Family Foundation is located in Aptos, CA. The organization was established in 1997. 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. Nicholson 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 05/2022, Nicholson Family Foundation generated $723.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $453.2k during the year ending 05/2022. While expenses have increased by 4.6% 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 2022, Nicholson Family Foundation has awarded 47 individual grants totaling $346,550. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEORGE MARK CHILDREN'S HOUSE - THIS YEAR,OUR GRANT OF $50,000 WENT TOWARDS OPERATIONAL SUPPORT & DEBT FORGIVENESS FOR GEORGE MARK CHILDREN'S HOUSE;A FREESTANDING PEDIATRIC HOSPICE AND PALLIATIVE CARE FACILITY FOR CHILDREN AND THEIR FAMILIES.
COASTAL KIDS HOME CARE - THE SECOND INSTALLMENT OF A SOCIAL SERVICE FOCUSED MULTI-YEAR GRANT OVER THREE YEARS TO TOTAL $30,000. THEY MEET UNIQUE NEEDS OF MEDICALLY FRAGILE CHILDREN IN THE COMFORT OF THEIR HOME WITH MEDICAL AID, TRANSPORT ASSISTANCE, AS WELL AS PATIENT AND FAMILY SUPPORT.
FIRST GRADUATE - A SECOND GRANT TO SUPPORT FIRST GRADUATE'S WORK PROVIDING EDUCATIONAL SUPPORT AND MENTORSHIP,AS WELL AS SUCESS GUIDANCE FROM MIDDLE SCHOOL THROUGH COLLEGE FOR FIRST GENERATION STUDENTS.
O'NEILL SEA ODYSSEY - THE FINAL PAYMENT OF AN EDUCATION FOCUSED MULTI-YEAR GRANT. THE PROGRAM CONSISTS OF AN OCEAN-BASED SCIENCE AND ENVIRONMENTAL FIELD TRIP,COMMUNITY SERVICE PROJECT, AND BILINGUAL CURRICULUM USED IN THE SCHOOL CLASSROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Nicholson President | 3 | $0 | |
Martha Mcaliister Secretary/vice President | 1 | $0 | |
Kathleen Hull Director | 1 | $0 | |
John Nicholson Director | 1 | $0 | |
Kelsey Nicholson Director | 20 | $0 | |
Brenda Nicholson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $257,536 |
| Dividends & Interest | $106,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $359,315 |
| Capital Gain Net Income | $359,315 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $723,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $42,400 |
| Pension plans, employee benefits | $485 |
| Interest | $0 |
| Taxes | $12,648 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,073 |
| Total operating and administrative expenses | $106,627 |
| Contributions, gifts, grants paid | $346,550 |
| Total expenses and disbursements | $453,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,649 |
| Savings and temporary cash investments | $5,551 |
| 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 | $6,527,976 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,550,176 |
| 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, Nicholson Family Foundation has awarded $346,550 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGE MARK CHILDREN'S HOUSE PURPOSE: GENERAL OPERATING EXPENSES. PEDIATRIC HOSPICE. | $50,000 |
San Francisco, CA PURPOSE: GENERAL OPERATING EXPENSES. EDUCATION SUPPORT. | $10,000 |
Salinas, CA PURPOSE: GENERAL OPERATING EXPENSES. MULTI-YEAR GRANT. HOME HEALTH CARE ASSISTANCE FOR CHILDREN. | $10,000 |
BERKELEY ARTS CENTER PURPOSE: GENERAL OPERATING EXPENSES. MULTI-YEAR GRANT. ARTS PROGRAMS. | $10,000 |
FOOD WHAT PURPOSE: GENERAL OPERATING EXPENSES. MULTI-YEAR GRANT. FOOD JUSTICE LEADERSHIP FOR YOUTH. | $10,000 |
DOWN SYNDROME CONNECTION PURPOSE: GENERAL OPERATING EXPENSES. SKILL BUILDING SUPPORTIVE PROGRAMS. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |