CHICAGO, IL

Gunnar & Lillian Nicholson Foundation

Quick Facts

EIN: 136023698
Location: CHICAGO, IL
Phone: (800) 496-2583
Category: General
Total Assets: $137K
Annual Income: $47K
IRS Ruling Year: 1957
Organization Type: Non-Operating Foundation
Principal Officer: % Jpmorgan Chase Bank
Tax Deductibility: Contributions are deductible

Find Grants from This Foundation Get Matched with Similar Funders

About This Foundation

Gunnar & Lillian Nicholson Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1957. The principal officer is % Jpmorgan Chase Bank. It holds total assets of $137K. Annual income is reported at $47K. According to available records, Gunnar & Lillian Nicholson Foundation has made 12 grants totaling $23K, with a median grant of $2K. The foundation has distributed between $6K and $9K annually from 2020 to 2023. Individual grants have ranged from $2K to $4K, with an average award of $2K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.

Application Information

Deadline

NO DEADLINES

Restrictions

GRANTS ARE SOLELY MADE TO ORGANIZATIONS THAT ARE EXEMPT UNDER IRC SECTION 501(C)(3) NO GRANTS ARE MADE TO INDIVIDUALS

Frequently Asked Questions

What does Gunnar & Lillian Nicholson Foundation fund?

Gunnar & Lillian Nicholson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY.

How much does Gunnar & Lillian Nicholson Foundation give in grants?

Gunnar & Lillian Nicholson Foundation has distributed a total of $23K across 12 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $4K.

How do I apply for a grant from Gunnar & Lillian Nicholson Foundation?

The application deadline is NO DEADLINES. GRANTS ARE SOLELY MADE TO ORGANIZATIONS THAT ARE EXEMPT UNDER IRC SECTION 501(C)(3) NO GRANTS ARE MADE TO INDIVIDUALS.

Where is Gunnar & Lillian Nicholson Foundation located?

Gunnar & Lillian Nicholson Foundation is headquartered in CHICAGO, IL.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$14K

2023+56%

Total Assets

$136K

2023-2%

Fair Market Value

$197K

2023

Net Worth

$136K

2023

Grants Paid

$9K

2023

Contributions

2023

Net Investment Income

$9K

2023

Distribution Amount

$11K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $123K

Corporate Stock (64%)

Corporate Bonds (27%)

Other Investments (7%)

Cash (1%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $5K
Capital Gains (Net): $4K
Other Income: $56

Financial Details (2023)

Total Revenue: $9K
Total Expenses: $14K
Exempt Purpose Expenses: $14K
Required Distribution: $11K
Undistributed Income: $4K
Total Liabilities: $1
Excise Tax: $123
Tax Due: $59

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$23K

Average Grant

$2K

Median Grant

$2K

Unique Recipients

Most Common Grant

$2K

Grant Disbursements by Year

Grant Range

Min$2K

Max$4K

Median: $2K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

NY$23K (12)

Past Grantees

Recipient	Location	Amount	Year
Manhattan Ear Eye Nose &GENERAL	New York, NY	$4K	2023
Cancer Care IncGENERAL	New York, NY	$2K	2023
Sloan Kettering Memorial HospitalGENERAL	New York, NY	$2K	2023
New York PresbyterianGENERAL	New York, NY	$2K	2023