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Daniel Raymond Nickerson Foundation Inc. is a private corporation based in PORTLAND, ME. The foundation received its IRS ruling in 1988. It holds total assets of $1.4M. Annual income is reported at $334K. Total assets have grown from $319K in 2011 to $1.3M in 2023. The foundation is governed by 7 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Massachusetts and Maine. According to available records, Daniel Raymond Nickerson Foundation Inc. has made 23 grants totaling $139K, with a median grant of $3K. Annual giving has grown from $15K in 2020 to $84K in 2023. Individual grants have ranged from $2K to $36K, with an average award of $6K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Maine, Massachusetts, Pennsylvania, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Daniel Raymond Nickerson Foundation Inc. reported 23 individual grants totaling $139,000 between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $3,000. Half of those grants fell between $2,000 and $4,500. Its largest single grant in the record was $35,500. Its most recent available filing, for fiscal year 2023, reports $88,478 in total giving.
The largest share of grants went to organizations in MA (12 of 23), followed by ME (9) and PA (1). In total the foundation's grantees span 4 states. Of its 11 distinct grantees, 55 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Pine Tree Society ($25,000), Hope Health Action ($20,000) and Paul Center ($12,000).
Computed from 23 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 4 states. Source: IRS 990-PF.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$5K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Daniel Raymond Nickerson Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in ME, MA, PA.
Daniel Raymond Nickerson Foundation Inc. has distributed a total of $139K across 23 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $2K to $36K.
Daniel Raymond Nickerson Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Daniel Raymond Nickerson Foundation Inc. is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond S Nickerson | President | $0 | $0 | N/A |
| Nathan R Nickerson | Director | $0 | $0 | N/A |
| Nancy M Nickerson | Director | $0 | $0 | N/A |
| Betsey N Keeney | Director | $0 | $0 | N/A |
| Dennis Keeney | Director | $0 | $0 | N/A |
| Sheri L Traverse | Director | $0 | $0 | N/A |
| William Traverse | Director | $0 | $0 | N/A |
Total Giving
$88K
Total Assets
$1.3M
Fair Market Value
$1.5M
Net Worth
$1.3M
Grants Paid
$84K
Contributions
$1M
Net Investment Income
$116K
Distribution Amount
$63K
Total Grants
23
Total Giving
$139K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Konbit SanteGENERAL SUPPORT | Falmouth, ME | $36K | 2023 |
| Pine Tree SocietyGENERAL SUPPORT | Auburn, ME | $25K | 2023 |
| Hope Health ActionGENERAL SUPPORT | Bethleham, PA | $20K | 2023 |
| Portland Public LibraryGENERAL SUPPORT | Portland, ME | $2K | 2023 |
| Special Touch MinistryGENERAL SUPPORT | Waupaca, WI | $2K | 2023 |
| Paul CenterUNRESTRICTED | Chelmsford, MA | $5K | 2022 |
| Portland LibraryUNRESTRICTED | Portland, ME | $4K | 2022 |
| Minute Man ArcUNRESTRICTED | Concord, MA | $3K | 2022 |
| Bedford LibraryUNRESTRICTED | Bedford, MA | $3K | 2022 |
| Grace ChapelUNRESTRICTED | Lexington, MA | $2K | 2022 |
| Vna Hospice CareUNRESTRICTED | Woburn, MA | $2K | 2020 |