PROVIDENCE, RI

Jonathan M Nelson Family Foundation

Quick Facts

EIN: 050504814
Location: PROVIDENCE, RI
Category: Philanthropy & Grantmaking
Total Assets: $179.5M
Annual Income: $43.1M
IRS Ruling Year: 1999
Organization Type: Corporation
Principal Officer: % Providence Equity Partners Inc.
Tax Deductibility: Contributions are deductible

About This Foundation

Jonathan M Nelson Family Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 1999. The principal officer is % Providence Equity Partners Inc.. It holds total assets of $179.5M. Annual income is reported at $43.1M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$5.9M

2023-26%

Total Assets

$174.2M

2023-3%

Fair Market Value

$198.9M

2023

Net Worth

$174.2M

2023

Grants Paid

$3.9M

2023

Contributions

$6.2M

2023

Net Investment Income

$2.7M

2023

Distribution Amount

$9.1M

2023

Total Giving by Year

$5.8M

$2.3M

$2.6M

$4.1M

$2.5M

$2.3M

$5.7M

$2.3M

$7.9M

$5.9M

Asset Growth

$33.3M

$35M

$50.4M

$56.9M

$43.5M

$80.4M

$90.2M

$156.2M

$180M

$174.2M

Investment Portfolio (2023)

Total: $102.5M

Corporate Stock: $88.4M

Corporate Bonds: $14.2M

Other Investments: $57.5M

Cash: $2.8M

Corporate Stock (54%)

Corporate Bonds (9%)

Other Investments (35%)

Cash (2%)

Expense Breakdown (2023)

Grants Paid$3.9M

Legal Fees$13K

Revenue Sources (2023)

Contributions: $6.2M
Dividends: $3M
Interest: $1M
Other Income: $-29,589
Capital Gains (Net): $-771,227

Financial Details (2023)

Total Revenue: $9.4M
Total Expenses: $5.9M
Exempt Purpose Expenses: $3.9M
Required Distribution: $9.1M
Undistributed Income: $8.7M
Total Liabilities: $1
Excise Tax: $38K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$3.9M

Average Grant

$164K

Median Grant

$23K

Grant Range

Min$250

Max$1M

Median: $23K

Smallest grantLargest grant

Geographic Distribution of Grants

NY: $2.7M (7)

MA: $365K (5)

RI: $653K (9)

NJ: $150K (1)

CA: $63K (1)

VA: $5K (1)

NY$2.7M (7)

RI$653K (9)

MA$365K (5)

NJ$150K (1)

CA$63K (1)

VA$5K (1)

Past Grantees

Recipient	Location	Amount	Year
Columbia UniversityTO RAISE AWARENESS AND FUNDING FOR TRANSPLATION RESEARCH ACROSS ALL ORGAN DISCIPLINES.	New York, NY	$1M	2023
New York Presbyterian FundTO RECEIVE, SOLICIT, AND ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE NY AND PRESBYTERIAN HOSPITAL AND ANY OTHER HEALTH CARE RELATED CHARITABLE ORGANIZATION APPROVED BY THE BOARD OF DIRECTORS	New York, NY	$1M	2023
The Rockefeller UniversityTO SUPPORT ANNUAL FUND	New York, NY	$625K	2023
Brown UniversityTO PROVIDE EDUCATION AND PREPARE STUDENTS TO SERVE THE COMMUNITY, NATION AND THE WORLD BY COMMUNICATING AND PRESERVING KNOWLEDGE	Providence, RI	$500K	2023
Harvard Business SchoolEDUCATIONAL - TO SUPPORT STUDENTS NEEDS	Cambridge, MA	$200K	2023
Institute For Advanced StudyTHE INSTITUTE EXISTS TO ENCOURAGE AND SUPPORT FUNDAMENTAL SCHOLARSHIP THE ORIGINAL, OFTEN SPECULATIVE, THINKING THAT PRODUCES ADVANCES IN KNOWLEDGE THAT CHANGE THE WAY WE UNDERSTAND THE WORLD.	Princeton, NJ	$150K	2023
Northfield Mount Hermon SchoolFUNDS HELP SUPPORT THIS COED BOARDING AND DAY SCHOOL.	Mount Hermon, MA	$100K	2023
The Milken InstituteTO SUPPORT ANNUAL FUND	Santa Monica, CA	$63K	2023
Save The BayENSURES THAT THE ENVIRONMENTAL QUALITY OF NARRAGANSETT BAY IS RESTORED AND PROTECTED FROM THE HARMFUL EFFECTS HUMAN ACTIVITY.	Providence, RI	$50K	2023
Narragansett Council Boys Scouts Of AmericaTO PROMOTE THE ABILITY OF BOYS AND YOUNG MEN AND WOMEN TO DO THINGS FOR THEMSELVES AND OTHERS	East Providence, RI	$50K	2023
Pan Mass ChallengeSUPPORTS CANCER RESEARCH	West Brookline, MA	$50K	2023
The Gorden SchoolTO SUPPORT STUDENTS NEEDS OF THIS COEDUCATIONAL INDEPENDENT SCHOOL	East Providence, RI	$25K	2023
Inner City Scholarship FundINNER CITY SCHOLARSHIP FUND TO CHANGE LIVES FOR THE BETTER BY PROVIDING FAMILIES WITH DEMONSTRABLE FINANCIAL NEED, BASED ON THE K-12 CATHOLIC EDUCATION WITHING THE ARCHDIOCESE OF NYC	New York, NY	$20K	2023
IyrsTO TEACH THE SKILLS, HISTORY, ART AND SCIENCE OF RESTORING, MAINTAINING AND BUILDING BOATS.	Newport, RI	$15K	2023
Tourete Association Of AmericaTO MAKE LIFE BETTER FOR ALL PEOPLE AFFECTED BY TOURETTE AND TIC DISORDERS	Bayside, NY	$10K	2023
Community Word ProjectTO SUPPORT ARTS IN EDUCATION	New York, NY	$10K	2023
Endeavor GlobalPROMOTES INTERNATIONAL ECONOMIC DEVELOPMENT THROUGH JOB CREATION AND MANAGEMENT TRAINING.	New York, NY	$10K	2023
Boston AthenaeumTO SUPPORT ANNUAL FUND	Boston, MA	$10K	2023
The Jamestown Community Farm IncTO PROMOTE AGRICULTURE AND GROW FOOD FOR THOSE IN NEED.	Jamestown, RI	$5K	2023
Shawn Thorntor FoundationGENERAL SUPPORT	Boston, MA	$5K	2023
The Nature Conservancy Of UtahTO SUPPORT ANNUAL FUND	Arlington, VA	$5K	2023
Tennis Hall Of FameTO SUPPORT ANNUAL FUND	Newport, RI	$5K	2023
Rhode Island Zoological SocietySERVES THE COMMUNITY AS A RESOURCE FOR EDUCATION, CONSERVATION AND RECREATION.	Providence, RI	$3K	2023
The Jamestown Fire DepartmentFUNDING FOR FIRE AND RESCUE SERVICES.	Jamestown, RI	$250	2023