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Neal C Nichols Foundation Inc. is a private corporation based in FALLS CHURCH, VA. The foundation received its IRS ruling in 2007. The principal officer is Neal C Nichols. It holds total assets of $12.8M. Annual income is reported at $10.8M. Total assets have grown from $549K in 2011 to $9.9M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of community development. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Neal C Nichols Foundation Inc. has made 96 grants totaling $4.8M, with a median grant of $23K. Annual giving has grown from $480K in 2020 to $1.7M in 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 46 grants. Individual grants have ranged from $250 to $1M, with an average award of $50K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in Virginia, Maryland, Pennsylvania, which account for 71% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$40K
Largest Grant
$220K
Based on 12 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.
Neal C Nichols Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 96 grants. Its grantmaking reaches organizations primarily in VA, MD, PA.
Neal C Nichols Foundation Inc. has distributed a total of $4.8M across 96 grants. The median grant size is $23K, with an average of $50K. Individual grants have ranged from $250 to $1M.
Preference given to arlington, va community-based charities.
Neal C Nichols Foundation Inc. is headquartered in FALLS CHURCH, VA. While based in VA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deborah A Hauter | DIRECTOR | $1K | $0 | $1K |
| Wanda Schmitt | DIRECTOR | $1K | $0 | $1K |
| Belinda Nichols | DIRECTOR | $1K | $0 | $1K |
| Ann C Nichols | DIRECTOR | $1K | $0 | $1K |
| Ralph E Kipp | SECRETARY | $0 | $0 | N/A |
| Angela D Hollins | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Neal C Nichols | CHAIRMAN/PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$9.9M
Fair Market Value
$16.1M
Net Worth
$9.9M
Grants Paid
$1.7M
Contributions
$398K
Net Investment Income
$589K
Distribution Amount
$736K
Total: $9.6M
Total Grants
96
Total Giving
$4.8M
Average Grant
$50K
Median Grant
$23K
Unique Recipients
28
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Christian Broadcasting NetworkCHARITABLE | Virginia Beach, VA | $1M | 2023 |
| Evergreen Christian SchoolCHARITABLE | Leesburg, VA | $150K | 2023 |
| Capital Caring - The George Pakidis Advanced Cardiac Care ProgramCHARITABLE | Falls Church, VA | $100K | 2023 |
| Virginia Hospital CenterCHARITABLE | Arlington, VA | $60K | 2023 |
| University Of Maryland Baltimore FoundationCHARITABLE | Baltimore, MD | $50K | 2023 |
| Willing WarriorsCHARITABLE | Haymarket, VA | $50K | 2023 |
| Travis Manion FoundationCHARITABLE | Doylestown, PA | $50K | 2023 |
| The Harbour SchoolCHARITABLE | Annapolis, MD | $50K | 2023 |
| Fresta Valley Christian SchoolCHARITABLE | Marshall, VA | $30K | 2023 |
| Adoptions TogetherCHARITABLE | Calverton, MD | $25K | 2023 |
| Chelsea AcademyCHARITABLE | Front Royal, VA | $25K | 2023 |
| Culmore ClinicCHARITABLE | Falls Church, VA | $20K | 2023 |
| Share IncCHARITABLE | Mclean, VA | $20K | 2023 |
| Christian Help Inc Of Mingo CountyCHARITABLE | Kermit, WV | $20K | 2023 |
| Cornerstone ChapelCHARITABLE | Leesburg, VA | $10K | 2023 |
| Voice Of Evangelism Outreach Ministries IncCHARITABLE | Cleveland, TN | $10K | 2023 |
| John Hagee MinistriesCHARITABLE | San Antonio, TX | $10K | 2023 |
| Hal Lindsey MinistriesCHARITABLE | Tulsa, OK | $10K | 2023 |
| Operation BlessingCHARITABLE | Virginia Beach, VA | $50K | 2022 |
| Prophecy Watchers IncCHARITABLE | Oklahoma City, OK | $11K | 2022 |