James R Nicholl Memorial Foundation is located in Chicago, IL. The organization was established in 1964. 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. James R Nicholl Memorial 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, James R Nicholl Memorial Foundation generated $81.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $81.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, James R Nicholl Memorial Foundation has awarded 113 individual grants totaling $291,046. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $21,213 | |
Arthur E Gibbs III Co-Trustee | 1 | $700 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,581 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,924 |
| Capital Gain Net Income | $44,924 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $571 |
| Total Revenue | $81,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,913 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $635 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $23,911 |
| Contributions, gifts, grants paid | $57,862 |
| Total expenses and disbursements | $81,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,258 |
| Savings and temporary cash investments | $9,413 |
| 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 | $61,499 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,079,186 |
| 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 |
Over the last fiscal year, James R Nicholl Memorial Foundation has awarded $57,862 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
MS PURPOSE: MEDICAL ASSISTANCE | $1,200 |
EB PURPOSE: MEDICAL ASSISTANCE | $1,200 |
EGB PURPOSE: MEDICAL EXPENSES | $1,200 |
OM PURPOSE: MEDICAL EXPENSE | $1,200 |
ABM PURPOSE: MEDICAL EXPENSE | $3,990 |
CB PURPOSE: MEDICAL EXPENSE | $965 |