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Nicholson Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1981. The principal officer is % Raines &Fischer Llp. It holds total assets of $8.5M. Annual income is reported at $291K. THE NICHOLSON FOUNDATION (THE "FOUNDATION") WORKS TO ADDRESS THE COMPLEX NEEDS OF VULNERABLE POPULATIONS IN NEW JERSEY'S URBAN AREAS AND OTHER UNDERSERVED COMMUNITIES BY ENCOURAGING THE REFORM OF HEALTH, EARLY EDUCATION, AND HUMAN SERVICES DELIVERY SYSTEMS. THE FOUNDATION ACTS THROUGH PARTNERSHIPS WITH POLICYMAKERS, STAKEHOLDERS, AND SERVICE PROVIDERS. IT CONVENES LIKE-MINDED AGENCIES AND ORGANIZATIONS, MAKES FUNDS AVAILABLE TO SEED NEW PROCESSES AND PROGRAMS, AND PROVIDES GRANTEES WITH TECHNICAL ASSISTANCE DURING PROJECT RESEARCH, PLANNING, AND IMPLEMENTATION.THE FOUNDATION BEGAN THIS WORK IN 2002. FOR THE YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION UTILIZED THE SERVICES OF OUTSIDE CONSULTANTS IN ORDER TO ACHIEVE THESE GOALS. According to available records, Nicholson Foundation has made 6 grants totaling $1.5M, with a median grant of $134K. Annual giving has grown from $269K in 2022 to $1.2M in 2023. Individual grants have ranged from $40K to $1M, with an average award of $250K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New Jersey and New York and North Carolina. Contributions to this foundation are tax-deductible.
THE NICHOLSON FOUNDATION (THE "FOUNDATION") WORKS TO ADDRESS THE COMPLEX NEEDS OF VULNERABLE POPULATIONS IN NEW JERSEY'S URBAN AREAS AND OTHER UNDERSERVED COMMUNITIES BY ENCOURAGING THE REFORM OF HEALTH, EARLY EDUCATION, AND HUMAN SERVICES DELIVERY SYSTEMS. THE FOUNDATION ACTS THROUGH PARTNERSHIPS WITH POLICYMAKERS, STAKEHOLDERS, AND SERVICE PROVIDERS. IT CONVENES LIKE-MINDED AGENCIES AND ORGANIZATIONS, MAKES FUNDS AVAILABLE TO SEED NEW PROCESSES AND PROGRAMS, AND PROVIDES GRANTEES WITH TECHNICAL ASSISTANCE DURING PROJECT RESEARCH, PLANNING, AND IMPLEMENTATION.THE FOUNDATION BEGAN THIS WORK IN 2002. FOR THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION UTILIZED THE SERVICES OF ITS FULL-TIME STAFF IN ADDITION TO VARIOUS OUTSIDE CONSULTANTS IN ORDER TO ACHIEVE THESE GOALS.
Expenses: $3.7M
THE NICHOLSON FOUNDATION (THE "FOUNDATION") WORKS TO ADDRESS THE COMPLEX NEEDS OF VULNERABLE POPULATIONS IN NEW JERSEY'S URBAN AREAS AND OTHER UNDERSERVED COMMUNITIES BY ENCOURAGING THE REFORM OF HEALTH, EARLY EDUCATION, AND HUMAN SERVICES DELIVERY SYSTEMS. THE FOUNDATION ACTS THROUGH PARTNERSHIPS WITH POLICYMAKERS, STAKEHOLDERS, AND SERVICE PROVIDERS. IT CONVENES LIKE-MINDED AGENCIES AND ORGANIZATIONS, MAKES FUNDS AVAILABLE TO SEED NEW PROCESSES AND PROGRAMS, AND PROVIDES GRANTEES WITH TECHNICAL ASSISTANCE DURING PROJECT RESEARCH, PLANNING, AND IMPLEMENTATION.THE FOUNDATION BEGAN THIS WORK IN 2002. FOR THE YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION UTILIZED THE SERVICES OF OUTSIDE CONSULTANTS IN ORDER TO ACHIEVE THESE GOALS. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NJ, NY, NC.
Nicholson Foundation has distributed a total of $1.5M across 6 grants. The median grant size is $134K, with an average of $250K. Individual grants have ranged from $40K to $1M.
Nicholson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Nicholson Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Nicholson Mcfadyen | SECRETARY/CHAIRMAN/TRUSTEE | $0 | $0 | $0 |
| Michael P Vito | TRUSTEE | $0 | $0 | $0 |
| Jan Nicholson | PRESIDENT/TREASURER/TRUSTE | $0 | $0 | $0 |
Total Giving
$1.5M
Total Assets
$9.9M
Fair Market Value
$9.9M
Net Worth
$9.9M
Grants Paid
$1.2M
Contributions
$0
Net Investment Income
$313K
Distribution Amount
$487K
Total Grants
6
Total Giving
$1.5M
Average Grant
$250K
Median Grant
$134K
Unique Recipients
5
Most Common Grant
$134K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Visual Arts Center Of New JerseyFUNDS TO SUPPORT THE ARTS PROGRAMMING PROVIDED BY THE CENTER FOR THE BENEFIT OF VULNERABLE POPULATIONS. THE FUNDS MUST BE SPENT ON THE DIRECT COSTS OF THE PROGRAMMING INCLUDING THE ON-SITE STAFF PROVIDING THE PROGRAMMING AND THE TIME AND CENTER STAFF DIRECTLY SUPERVISING OR SUPPORTING THE ON-SITE STAFF. | Summit, NJ | $1M | 2023 |
| Glassroots IncFUNDS TO SUPPORT THE SUMMER 2023 GLASSROOTS PETERS VALLEY FELLOWSHIP: UNDERSERVED INNER-CITY YOUTHS, AGES 18-26. THE FUNDING WILL SUPPORT UP TO SIX STUDENTS WHO WILL PARTICIPATE IN A 12-WEEK LIFE SKILLS, PROFESSIONAL DEVELOPMENT, AND COLLEGE/CAREER READINESS PROGRAM, INCLUDING FIVE WEEKS OF PREPARATION AT GLASSROOTS, SEVEN WEEKS OF CRAFT CONCENTRATION WORKSHOPS AT PETERS VALLEY CRAFT SCHOOL, AND CULMINATE WITH A CLOSING EXHIBITION AND GRADUATION CELEBRATION AT THE NEW GLASSROOTS LOCATION IN NEWA | Newark, NJ | $141K | 2023 |
| Sound Justice Initiative IncFUNDS TO SUPPORT THE PROJECT PROPOSAL TEACHING EXPANSION PROJECT PART 2, WHICH WILL PROVIDE AN EXPANDED RANGE OF COURSES AND EDUCATIONAL OPPORTUNITIES TO JUSTICE-INVOLVED INDIVIDUALS. | Riverhead, NY | $50K | 2023 |
Other foundations that have funded Nicholson Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Custom Cares Charities | $500 | 2020 | GENERAL SUPPORT |
NORFOLK, VA
SCOTTSDALE, AZ
GREENVILLE, DE
HARLINGEN, TX
| Haw River AssemblyFUNDS TO SUPPORT THE PAPERHAND PUPPET PROJECT, WHICH WILL PROVIDE THEM WITH A WORKING CAPITAL, A RESERVE, AND TO ENABLE THEM TO INVEST IN DEVELOPMENT. |
| Bynum, NC |
| $40K |
| 2023 |
| GlassrootsFUNDS TO DEVELOP AND IMPLEMENT A COLLABORATIVE CRAFT FELLOWSHIP PROGRAM IN PARTNERSHIP WITH PETER'S VALLEY SCHOOL OF CRAFTS. THIS PROGRAM WILL ENROLL TWO COHORTS OF SIX YOUTHS IN A 13-WEEK LIFE SKILLS, PROFESSIONAL DEVELOPMENT AND COLLEGE/CAREER READINESS PROGRAM. | Newark, NJ | $134K | 2022 |
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