Nikoh Foundation
- Assets
- $9.2m
- Revenue
- $393.7k
- Investments
- $9.0m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 36-4254755
Organization Overview
Nikoh Foundation is located in Northbrook, IL. The organization was established in 1998. 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. Nikoh 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, Nikoh Foundation generated $393.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 61.0% each year . All expenses for the organization totaled $681.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nikoh Foundation has awarded 215 individual grants totaling $4,557,947. 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 |
|---|---|---|---|
Debra M Hokin President | 4 | $8,000 | |
Eugene B Levin Treasurer | 4 | $8,000 | |
Joseph A Hokin Vice President | 4 | $8,000 | |
Gary S Hokin Vice President | 4 | $8,000 | |
Samuel C Hokin Secretary | 4 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,768 |
| Dividends & Interest | $203,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,422 |
| Capital Gain Net Income | $188,422 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $393,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $679 |
| Printing and publications | $0 |
| Other expenses | $25,600 |
| Total operating and administrative expenses | $70,579 |
| Contributions, gifts, grants paid | $611,288 |
| Total expenses and disbursements | $681,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,425 |
| Savings and temporary cash investments | $0 |
| 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 | $9,040,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,235,425 |
| 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, Nikoh Foundation has awarded $611,288 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
18 DOORS PURPOSE: RELIGIOUS. | $5,000 |
ADOPT A GOLDEN ATLANTA PURPOSE: ANIMAL RESCUE. | $750 |
ALZHEIMERS ASSOCIATION PURPOSE: MEDICAL. | $100 |
AMERICA GIVES OR MOVEMENT PURPOSE: DEVELOP NEGEV AND GALILEE REGIONS. | $10,000 |
AMERICAN FRIENDS ISCD PURPOSE: ASSIST PEOPLE WITH DISABILITIES. | $10,185 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: CANCER RESEARCH. | $50,000 |