Nyheim Family Foundation

Organization Overview

Nyheim Family Foundation is located in Philadelphia, PA. The organization was established in 2018. 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. Nyheim 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 12/2021, Nyheim Family Foundation generated $291.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $100,000
Interest on Savings $0
Dividends & Interest $15,227
Net Rental Income$0
Net Gain on Sale of Assets $176,622
Capital Gain Net Income $176,622
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $291,849

Grants Awarded

Over the last fiscal year, Nyheim Family Foundation has awarded $17,000 in support to 4 organizations.

Grant RecipientAmount

EPISCOPAL CHURCH OF THE REDEEMER

Org PageRecipient Profile

Bryn Mawr, PA

PURPOSE: GENERAL FUND

$5,000

THE HOLY TRINITY EPISCOPAL CHURCH

PURPOSE: GENERAL FUND

$5,000

HCS FAMILY SERVICES

Org PageRecipient Profile

Hinsdale, IL

PURPOSE: GENERAL FUND

$5,000

THE PARISH OF CALVARY-ST GEORGE'S

PURPOSE: GENERAL FUND

$2,000
View Grant Profile

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