Nicoli Foundation
- Assets
- $1.1m
- Revenue
- $86.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 02/1996
- Data as of
- 08/2021
- EIN
- 93-1191224
Organization Overview
Nicoli Foundation is located in Lake Oswego, OR. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Nicoli 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 08/2021, Nicoli Foundation generated $86.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $56.8k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS THE TIGARD FESTIVAL OF BALLOONS, A FAMILY ORIENTED COMMUNITY FESTIVAL STRUCTURED TO PROVIDE FUNDRAISING OPPORTUNITIES FOR LOCAL NON-PROFIT ORGANIZATIONS WHILE CELEBRATING THE CITY OF TIGARD COMMUNITY. DUE TO COVID-19, THE 2021 TIGARD FESTIVAL OF BALLOONS WAS CANCLED.
THE FOUNDATION SUPPORTS TIGARD HIGH SCHOOL ATHLETICS THROUGH THE PURCHASE OF ATHLETIC EQUIPMENT, TRAVEL REIMBURSEMENT AND FUNDRAISING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Nicoli Pres/sec | 2 | $0 | |
Stephanie Nanna VP | 1 | $0 | |
Shay Nanna Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $10,286 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,851 |
| Capital Gain Net Income | $75,851 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,138 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,185 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,101 |
| Total operating and administrative expenses | $23,349 |
| Contributions, gifts, grants paid | $33,500 |
| Total expenses and disbursements | $56,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,317 |
| 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 | $11,461 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,051,963 |
| 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, Nicoli Foundation has awarded $33,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Tigard, OR PURPOSE: DONATION FOR GENERAL SUPPORT | $10,000 |
Portland, OR PURPOSE: DONATION FOR GENERAL SUPPORT | $10,000 |
Tigard, OR PURPOSE: LIBRARY DONATION | $8,000 |
Tigard, OR PURPOSE: TO SUPPORT THS BAND AND AUXILIARY | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Philanthropy Northwest Seattle, WA | $9,442,103 | $7,893,544 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Names Family Foundation Fircrest, WA | $140,493,292 | $4,553,326 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Spokane Housing Ventures Spokane, WA | $41,846,446 | $7,474,764 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |