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The Margeret Ellen Nielsen Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is Foundation Source. It holds total assets of $21.5M. Annual income is reported at $33M. Total assets have grown from $3.1M in 2015 to $11.3M in 2023. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in Maryland, Wisconsin and Massachusetts. According to available records, The Margeret Ellen Nielsen Foundation has made 28 grants totaling $866K, with a median grant of $13K. Annual giving has grown from $131K in 2020 to $735K in 2022. Individual grants have ranged from $4K to $151K, with an average award of $31K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, Wisconsin, which account for 71% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$18K
Average Grant
$33K
Largest Grant
$86K
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.
The Margeret Ellen Nielsen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in FL, MA, WI.
The Margeret Ellen Nielsen Foundation has distributed a total of $866K across 28 grants. The median grant size is $13K, with an average of $31K. Individual grants have ranged from $4K to $151K.
The Margeret Ellen Nielsen Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Margeret Ellen Nielsen Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Nielsen | Dir, Sec, Treas | $0 | $0 | N/A |
| Steven Nielsen | Pres, Dir | $0 | $0 | N/A |
Total Giving
$577K
Total Assets
$11.3M
Fair Market Value
$14.6M
Net Worth
$11.3M
Grants Paid
$472K
Contributions
$1.8M
Net Investment Income
$3.6M
Distribution Amount
$578K
Total: $10.8M
Total Grants
28
Total Giving
$866K
Average Grant
$31K
Median Grant
$13K
Unique Recipients
11
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian Church In North Palm Beach IncGeneral & Unrestricted | N Palm Beach, FL | $151K | 2022 |
| Lever IncGeneral & Unrestricted | North Adams, MA | $50K | 2022 |
| Urban Youth Impact IncComplete the Campus Campaign | West Palm Bch, FL | $50K | 2022 |
| Youth Volunteer CorpsGeneral & Unrestricted | Kansas City, MO | $35K | 2022 |
| Intervarsity Christian Fellowship- UsaIntervarsity Christian Fellowship Program | Madison, WI | $21K | 2022 |
| Worldwide Discipleship Association IncChurch Leader Training and Resource Development | Fayetteville, GA | $15K | 2022 |
| World VisionUkrainian Refugee Relief - Romania | Federal Way, WA | $10K | 2022 |
| Scholarship America IncAtkinson Scholarship Fund | Southwick, MA | $86K | 2020 |
| International Fellowship Of Evangelical Students UGeneral & Unrestricted | Platteville, WI | $25K | 2020 |
| Medecins Sans Frontieres Usa Inc - Doctors WithoutCOVID-19 Response FUND | Hagerstown, MD | $10K | 2020 |
| Partners In Health A Nonprofit CorporationCOVID-19 Response FUND | Frederick, MD | $10K | 2020 |