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Ndsp Family Foundation is a private corporation based in SOUTHFIELD, MI. The foundation received its IRS ruling in 2017. The principal officer is Ernest L Nicolay Iii. It holds total assets of $9.2M. Annual income is reported at $1.3M. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. The foundation primarily funds organizations in Georgia and Illinois. According to available records, Ndsp Family Foundation has made 15 grants totaling $4M, with a median grant of $15K. Annual giving has grown from $448K in 2021 to $2.2M in 2023. Individual grants have ranged from $5K to $2.2M, with an average award of $264K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Georgia and Illinois and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$9K
Average Grant
$112K
Largest Grant
$425K
Based on 4 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.
Ndsp Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in GA, IL, CA.
Ndsp Family Foundation has distributed a total of $4M across 15 grants. The median grant size is $15K, with an average of $264K. Individual grants have ranged from $5K to $2.2M.
Ndsp Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ndsp Family Foundation is headquartered in SOUTHFIELD, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ernest L Nicolay | PRESIDENT | $0 | $0 | N/A |
| Dana Nicolay | SECRETARY | $0 | $0 | N/A |
| Pete Nicolay | TREASURER | $0 | $0 | N/A |
Total Giving
$2.3M
Total Assets
$9M
Fair Market Value
$9.1M
Net Worth
$9M
Grants Paid
$2.2M
Contributions
N/A
Net Investment Income
$1.5M
Distribution Amount
$488K
Total: $4.9M
Total Grants
15
Total Giving
$4M
Average Grant
$264K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Christian FoundationGENERAL FUND | Alpharetta, GA | $2.2M | 2023 |
| National Christian Charitable FoundatioGENERAL | Alpharetta, CA | $350K | 2022 |
| Chicago Community FoundationGENERAL | Chicago, IL | $250K | 2022 |
| Atlanta Botanical GardenGENERAL | Atlanta, GA | $15K | 2022 |
| Zoo AtlantaGENERAL | Atlanta, GA | $10K | 2022 |
| Georgia AquariumGENERAL | Atlanta, GA | $10K | 2022 |
| Atlanta Community Food BankGENERAL | Atlanta, GA | $13K | 2021 |