Fred And Donna Nives Foundation
- Assets
- $26.1m
- Revenue
- $21.7m
- Investments
- $25.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 13-7390002
Organization Overview
Fred And Donna Nives Foundation is located in New York, NY. The organization was established in 2004. 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. Fred And Donna Nives 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 12/2022, Fred And Donna Nives Foundation generated $21.7m in total revenue. All expenses for the organization totaled $327.5k during the year ending 12/2022.
Since 2014, Fred And Donna Nives Foundation has awarded 28 individual grants totaling $1,518,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Angellino Trustee | 1 | $0 | |
Andre Bohy Trustee | 1 | $0 | |
Susan C Frunzi Trustee | 1 | $0 | |
Linda A Van Kooy Trustee | 1 | $0 | |
Paul Rampell Trustee | 1 | $0 | |
William D Zabel Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bank Of America Na | 12/30/22 | $118,425 |
Neuberger Berman Investment Advisers Llc | 12/30/22 | $55,881 |
Schulte Roth & Zabel Llp | 12/30/22 | $54,658 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,082,047 |
| Interest on Savings | $4,020 |
| Dividends & Interest | $550,434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$949,161 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $98 |
| Total Revenue | $21,687,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $262,520 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $327,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,125,086 |
| 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 | $15,624,771 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,131 |
| Total assets | $26,137,058 |
| Accounts payable and accrued expenses | $27,886 |
| 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 | $27,886 |
Grants Awarded
Over the last fiscal year, Fred And Donna Nives Foundation has awarded $65,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AFSA EDUCATION FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
GREENWICH RIDING & TRAILS ASSOCIATION INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
VETERANS AIRLIFT COMMAND PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
PATRIOTS FOUNDATION INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
WWW PILOTSNPAWS ORG INCORPORATED PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |