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Leonard And Mary Nichols Memorial Trust is a private corporation based in EVANSVILLE, IN. The foundation received its IRS ruling in 2015. The principal officer is Old National Trust Company Ttee. It holds total assets of $897K. Annual income is reported at $214K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Leonard And Mary Nichols Memorial Trust has made 6 grants totaling $162K, with a median grant of $29K. The foundation has distributed between $48K and $57K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $57K distributed across 2 grants. Individual grants have ranged from $24K to $29K, with an average award of $27K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Indiana and Pennsylvania. Contributions to this foundation are tax-deductible.
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.
Leonard And Mary Nichols Memorial Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IN, PA.
Leonard And Mary Nichols Memorial Trust has distributed a total of $162K across 6 grants. The median grant size is $29K, with an average of $27K. Individual grants have ranged from $24K to $29K.
Leonard And Mary Nichols Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Leonard And Mary Nichols Memorial Trust is headquartered in EVANSVILLE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $13K | $0 | $13K |
Total Giving
$73K
Total Assets
$861K
Fair Market Value
$1.1M
Net Worth
$861K
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$52K
Total Grants
6
Total Giving
$162K
Average Grant
$27K
Median Grant
$29K
Unique Recipients
2
Most Common Grant
$29K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indiana University FoundationPROGRAM SUPPORT | Bloomington, IN | $29K | 2023 |
| Bucknell UniversityPROGRAM SUPPORT | Lewisburg, PA | $29K | 2023 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN