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Nihei Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $986K. Annual income is reported at $727K. Total assets have grown from $603K in 2021 to $898K in 2023. 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 2021 to 2023. According to available records, Nihei Foundation has made 2 grants totaling $19K, with a median grant of $9K. Individual grants have ranged from $5K to $14K, with an average award of $9K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Colorado and Hawaii. 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.
Nihei Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CO, HI.
Nihei Foundation has distributed a total of $19K across 2 grants. The median grant size is $9K, with an average of $9K. Individual grants have ranged from $5K to $14K.
Nihei Foundation typically selects its grantees rather than accepting unsolicited proposals.
Nihei Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gordon T Nihei | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$898K
Fair Market Value
$825K
Net Worth
$895K
Grants Paid
$19K
Contributions
$105K
Net Investment Income
$67K
Distribution Amount
$39K
Total Grants
2
Total Giving
$19K
Average Grant
$9K
Median Grant
$9K
Unique Recipients
2
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundGeneral & Unrestricted | Lone Tree, CO | $14K | 2023 |
| Grace Bible Church MauiCharitable Event | Kahului, HI | $5K | 2023 |