Nicolet National Foundation Inc
- Assets
- $1.9m
- Revenue
- $485.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Green Bay, WI
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-5663225
Organization Overview
Nicolet National Foundation Inc is located in Green Bay, WI. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Nicolet National Foundation Inc 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 12/2021, Nicolet National Foundation Inc generated $485.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $348.0k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Nicolet National Foundation Inc has awarded 24 individual grants totaling $453,500. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NICOLET NATIONAL FOUNDATION IS A NONSTOCK NOT FOR PROFIT ORGANIZATION THAT RECEIVES GIFTS, RAISES FUNDS FOR SPECIFIED NEEDS AND DISBURSES GRANTS FOR THE BENEFIT OF THE LOCAL COMMUNITY AT THE DISCRETION OF ITS BOARD OF DIRECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NICOLET NATIONAL FOUNDATION, INC. IS FORMED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFYAS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Daniels President | OfficerTrustee | 0.1 | $0 |
Eric Witczak Vice President | OfficerTrustee | 0.1 | $0 |
Liz Lehman Secretary | OfficerTrustee | 0.1 | $0 |
Katy Karcz Treasurer | OfficerTrustee | 0.1 | $0 |
Chris Dimmer Director | Trustee | 0.1 | $0 |
Erica Shefchik Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $359,401 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $356,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $715,641 |
| Total Program Service Revenue | $0 |
| Investment income | $22,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$252,586 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,424 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $338,273 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,691 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $347,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,644 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $81,528 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,626,645 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,923,817 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $97,273 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $97,273 |
| Net assets without donor restrictions | $1,735,941 |
| Net assets with donor restrictions | $90,603 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,923,817 |
Grants Awarded
Over the last fiscal year, Nicolet National Foundation Inc has awarded $116,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Green Bay, WI PURPOSE: ASSIST ONGOING OPS | $25,000 |
Rhinelander, WI PURPOSE: ASSIST ONGOING OPS | $25,000 |
Green Bay, WI PURPOSE: ASSIST ONGOING OPS | $20,000 |
Wausau, WI PURPOSE: ASSIST ONGOING OPS | $15,000 |
Green Bay, WI PURPOSE: ASSIST ONGOING OPS | $15,000 |
Green Bay, WI PURPOSE: ASSIST ONGOING OPS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nicolet National Foundation Inc has recieved totaling $60,050.
| Awarding Organization | Amount |
|---|---|
Greater Green Bay Community Foundation Inc Green Bay, WI PURPOSE: PUBLIC BENEFIT & COMMUNITY IMPROVEMENT PROGRAM SUPPORT | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,050 |
Endowment Analysis
| Beg. Balance | $789,571 |
| Net Contributions | $145,328 |
| Ending Balance | $934,899 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
The Hormel Foundation Austin, MN | $1,540,722,314 | $34,366,937 |
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |