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Nickum Foundation is a private corporation based in HINSDALE, IL. The foundation received its IRS ruling in 1994. The principal officer is Chris Mclear. It holds total assets of $2.1M. Annual income is reported at $506K. Total assets have decreased from $2.9M in 2011 to $2.1M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and Michigan. According to available records, Nickum Foundation has made 32 grants totaling $495K, with a median grant of $10K. The foundation has distributed between $150K and $180K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $180K distributed across 12 grants. Individual grants have ranged from $3K to $60K, with an average award of $15K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Michigan, Illinois, Ohio, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$40K
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.
Nickum Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MI, IL, OH.
Nickum Foundation has distributed a total of $495K across 32 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $3K to $60K.
Nickum Foundation typically selects its grantees rather than accepting unsolicited proposals.
Nickum Foundation is headquartered in HINSDALE, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Johanna N Mcclear | PRESIDENT | $0 | $0 | N/A |
| Kevin R Mcclear | VICE PRESIDENT | $0 | $0 | N/A |
| Chris R Mcclear | TREASURER | $0 | $0 | N/A |
| Richard J Mcclear | SECRETARY | $0 | $0 | N/A |
Total Giving
$188K
Total Assets
$2.1M
Fair Market Value
$3.4M
Net Worth
$2.1M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$66K
Distribution Amount
$156K
Total: $2.1M
Total Grants
32
Total Giving
$495K
Average Grant
$15K
Median Grant
$10K
Unique Recipients
18
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Paul Oliver Memorial Hospital FoundationCHARITABLE | Frankforst, MI | $35K | 2023 |
| Munson Healthcare FoundationsCHARITABLE | Traverse City, MI | $25K | 2023 |
| Cranbrook SchoolsEDUCATIONAL | Bloomfield, MI | $25K | 2023 |
| Denison UniversityEDUCATIONAL | Granville, OH | $25K | 2023 |
| Rollins CollegeEDUCATIONAL | Winter Park, FL | $20K | 2023 |
| Ray Graham AssociationCHARITABLE | Lisle, IL | $15K | 2023 |
| University Of IowaEDUCATIONAL | Iowa City, IA | $10K | 2023 |
| Northwestern UniversityEDUCATIONAL | Evanston, IL | $10K | 2023 |
| Fenwick High SchoolEDUCATIONAL | Oak Park, IL | $20K | 2022 |
| Oliver Art CenterEDUCATIONAL | Frankfort, MI | $10K | 2022 |
| Interlochen Center For The ArtsEDUCATIONAL | Interlochen, MI | $10K | 2022 |
| Turning Pointe Autism FoundationCHARITABLE | Naperville, IL | $5K | 2022 |
| MisericordiaCHARITABLE | Chicago, IL | $5K | 2022 |
| University Of Chicago Lab SchoolEDUCATIONAL | Chicago, IL | $8K | 2020 |
| The Avery Coonley SchoolEDUCATIONAL | Downers Grove, IL | $8K | 2020 |
| Hinsdale Humane SocietyCHARITABLE | Hinsdale, IL | $5K | 2020 |
| Chicago Rowing FoundationCHARITABLE | Chicago, IL | $3K | 2020 |
| Hinsdale Hospital FoundationCHARITABLE | Hinsdale, IL | $3K | 2020 |