Nord Family Foundation

Organization Overview

Nord Family Foundation is located in Amherst, OH. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Nord 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 12/2021, Nord Family Foundation generated $13.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $11.3m during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 5 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 2018, Nord Family Foundation has awarded 1,369 individual grants totaling $35,793,981. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE OF HISTORICALLY SIGNIFICANT PROPERTIES FOR EDUCATIONAL OR OTHER CHARITABLE PURPOSES: NEW UNION CENTER FOR THE ARTS - $106,564 SANDSTONE VILLAGE - $31,357 OBERLIN DEPOT - $93,714


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Patterson Capital Corp
$88,003
Fisher Investments
$98,306
Keybank
$56,088
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $32,000
Interest on Savings $467,102
Dividends & Interest $1,638,800
Net Rental Income$0
Net Gain on Sale of Assets $11,444,325
Capital Gain Net Income $11,444,325
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,085
Total Revenue $13,583,312

Grants Awarded

Over the last fiscal year, Nord Family Foundation has awarded $9,313,422 in support to 313 organizations.

Grant RecipientAmount

LORAIN COUNTY COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Elyria, OH

PURPOSE: GENERAL OPERATING SUPPORT FOR THE EARLY LEARNING CENTER, EARLY COLLEGE HIGH SCHOOL PROGRAM AND THE COMMODORE COMEBACK PROGRAM

$150,000

LORAIN COUNTY HEALTH & DENTISTRY

Org PageRecipient Profile

Lorain, OH

PURPOSE: SUPPORT OF INCREASED ACCESS TO MEDICAL AND DENTAL CARE FOR LOW-INCOME PERSONS IN NORTH RIDGEVILLE

$150,000

THE ROAD TO HOPE INC

Org PageRecipient Profile

Elyria, OH

PURPOSE: MATCHING - GENERAL OPERATING SUPPORT

$150,000

LORAIN COUNTY HEALTH & DENTISTRY

Org PageRecipient Profile

Lorain, OH

PURPOSE: PURCHASE OF DENTAL EQUIPMENT FOR NEW SITE IN ELYRIA

$150,000

COLLEGE NOW GREATER CLEVELAND INC

Org PageRecipient Profile

Cleveland, OH

PURPOSE: POSTSECONDARY ACCESS INITIATIVE IN LORAIN COUNTY

$134,000

THE LEGAL AID SOCIETY OF CLEVELAND

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL OPERATING SUPPORT

$110,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Nord Family Foundation has recieved totaling $32,000.

Awarding OrganizationAmount
Community Foundation Of Lorain County

Elyria, OH

PURPOSE: PROGRAM SUPPORT

$32,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827
American Electric Power Foundation
Columbus, OH
$10,199,855
Anthem Foundation Inc
Indianapolis, IN
$25,472,782
Wyncote Foundation
Philadelphia, PA
$16,336,575
Dean & Barbara White Family Foundation Inc
Merrillville, IN
$81,802,743
Wilson Sheehan Foundation
Springfield, OH
$15,119,930

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