Nelson Charitable Foundation
- Assets
- $1.2m
- Revenue
- $43.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Purchase, NY
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 13-4188888
Organization Overview
Nelson Charitable Foundation is located in Purchase, NY. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nelson Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Nelson Charitable Foundation generated $43.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $25.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nelson Charitable Foundation has awarded 93 individual grants totaling $1,061,140. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PUBLIC CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randolph Nelson Pres/tres | 10 | $0 | |
Cynthia Nelson Vp, Sect | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $775 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,824 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,894 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $53 |
| Taxes | $60 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $215 |
| Total operating and administrative expenses | $328 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $25,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,465 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $214,690 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $806 |
| Total assets | $1,224,114 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nelson Charitable Foundation has awarded $12,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BLAINE COUNTY RECREATION DISTRICT PURPOSE: PUBLIC CHARITY | $500 |
KETCHUM SUN VALLEY VOLUNTEER ASSOC PURPOSE: PUBLIC CHARITY | $1,000 |
ST LUKE'S WOOD RIVER FOUNDATION PURPOSE: PUBLIC CHARITY | $10,000 |
RICHMOND VOLUNTEER FIRE DEPT PURPOSE: PUBLIC CHARITY | $1,000 |