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The Nicholas Charitable Trust is a private trust based in NORWICH, NY. The foundation received its IRS ruling in 2000. The principal officer is Nbt Bank Na. It holds total assets of $1.9M. Annual income is reported at $241K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, The Nicholas Charitable Trust has made 95 grants totaling $569K, with a median grant of $1K. The foundation has distributed between $103K and $249K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $249K distributed across 36 grants. Individual grants have ranged from $500 to $17K, with an average award of $6K. The foundation has supported 22 unique organizations. Grants have been distributed to organizations in New York and Utah.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$5K
Largest Grant
$14K
Based on 20 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 Nicholas Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in NY, UT.
The Nicholas Charitable Trust has distributed a total of $569K across 95 grants. The median grant size is $1K, with an average of $6K. Individual grants have ranged from $500 to $17K.
The Nicholas Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Nicholas Charitable Trust is headquartered in NORWICH, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nbt Bank Na | TRUSTEE | $23K | $0 | $23K |
Total Giving
$135K
Total Assets
$1.9M
Fair Market Value
$2.3M
Net Worth
$1.9M
Grants Paid
$111K
Contributions
N/A
Net Investment Income
$109K
Distribution Amount
$108K
Total Grants
95
Total Giving
$569K
Average Grant
$6K
Median Grant
$1K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchGENERAL OPERATING | Johnsontown, NY | $1K | 2023 |
| Salvation ArmyGENERAL OPERATING | West Nyack, NY | $500 | 2023 |
| Gloversville Theatre CorporationGENERAL OPERATING | Gloversville, NY | $15K | 2023 |
| Fulton Cty Regional Chamber Of CommerceGENERAL OPERATING | Gloversville, NY | $15K | 2023 |
| Gloversville Library Foundation IncGENERAL OPERATING | Gloversville, NY | $14K | 2023 |
| Gloversville Branch YmcaGENERAL SUPPORT | Gloversville, NY | $14K | 2023 |
| Fulton County YmcaGENERAL OPERATING | Johnstown, NY | $14K | 2023 |
| Mountain Valley HospiceGENERAL SUPPORT | Gloversville, NY | $14K | 2023 |
| Senior Citizen Service CenterGENERAL OPERATING | Gloversville, NY | $14K | 2023 |
| Trinity Episcopal ChurchGENERAL OPERATING | Gloversville, NY | $2K | 2023 |
| James A Brennan Memorial HumaneGENERAL OPERATING | Gloversville, NY | $1K | 2023 |
| Edinburg Bible ChurchGENERAL OPERATING | Northville, NY | $1K | 2023 |
| Twin Cities Council Of ChurchesGENERAL OPERATING | Johnstown, NY | $1K | 2023 |
| The Church Of Jesus ChristCHARITABLE DISTRIBUTION | Salt Lake City, UT | $1K | 2023 |
| Church Of The Holy SpiritGENERAL OPERATING | Gloversville, NY | $1K | 2023 |
| Sacred Heart ChurchGENERAL OPERATING | Gouverneur, NY | $500 | 2023 |
| Wesleyan ChurchGENERAL OPERATING | Gloversville, NY | $500 | 2023 |
| Foothills United Methodist ChurchGENERAL OPERATING | Johnstown, NY | $500 | 2023 |
| Jehovas Witnesses Of GloversvilleGENERAL OPERATING | Gloversville, NY | $500 | 2023 |
| St John'S Episcopal Church Of JohnstownGENERAL OPERATING | Johnstown, NY | $500 | 2023 |
| James A Brennan Memorial Humane SociGENERAL OPERATING | Gloversville, NY | $1K | 2022 |