Nydick Family Foundation
- Assets
- $2.4m
- Revenue
- $71.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 30-0732312
Organization Overview
Nydick Family Foundation is located in Miami Beach, FL. The organization was established in 2013. 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. Nydick Family 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, Nydick Family Foundation generated $71.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $190.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nydick Family Foundation has awarded 83 individual grants totaling $941,432. 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 |
|---|---|---|---|
Susan M Nydick President | 2 | $0 | |
Robert L Nydick Jr Secretary/treasurer | 2 | $0 | |
Robert L Nydick III Director | 0 | $0 | |
Gregory S Nydick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $676 |
| Interest on Savings | $147 |
| Dividends & Interest | $60,308 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,050 |
| Capital Gain Net Income | $10,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,742 |
| Total operating and administrative expenses | $30,335 |
| Contributions, gifts, grants paid | $159,762 |
| Total expenses and disbursements | $190,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $40,927 |
| 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 | $2,367,453 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,913 |
| Total assets | $2,415,292 |
| 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, Nydick Family Foundation has awarded $159,762 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ACT II PLAYHOUSE PURPOSE: SUPPORT THE COMMITTMENT TO CREATING AND PROGRAMMING THEATRE. | $250 |
HABITAT FOR HUMANITY PURPOSE: HELP BUILD, REHAB AND PRESERVE HOMES FOR THOSE IN NEED. | $5,000 |
INSPIRITEC PURPOSE: GIVE SUPPORT TOWARDS HELPING PERSONS WITH DISABLITIES ACHEIVE CAREERS IN INFORMATION TECHNOLOGY. | $2,500 |
LANKENAU MEDICAL CENTER FOUNDATION PURPOSE: GIVING SUPPORT TOWARDS PROVIDING THE VERY BEST CARE,EDUCATION & RESEARCH IN CARDIOVASCULAR SERVICES. | $15,000 |
THOMAS JEFFERSON UNIVERSITY PURPOSE: CONTRIBUTION TO EDUCATIONAL INSTITUTION | $5,250 |
UPPER DUBLIN LUTHERAN CHURCH PURPOSE: GIVING FUNDS TO ADVANCE THE CHRISTIAN MISSION AT UPPER DUBLIN LUTHERAN CHURCH. | $25,012 |