Alexander M Nick And Ellen M Nick Foundation
- Assets
- $3.5m
- Revenue
- $74.7k
- Investments
- $3.4m
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 02/2014
- Data as of
- 12/2022
- EIN
- 45-5316415
Organization Overview
Alexander M Nick And Ellen M Nick Foundation is located in Southfield, MI. The organization was established in 2014. 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. Alexander M Nick And Ellen M Nick 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, Alexander M Nick And Ellen M Nick Foundation generated $74.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (28.4%) each year. All expenses for the organization totaled $169.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Alexander M Nick And Ellen M Nick Foundation has awarded 20 individual grants totaling $1,913,569. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Berman President | 2 | $0 | |
Harold R Oseff V.p./secretary | 1 | $0 | |
Daryl T Rollins Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,538 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $242,832 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $190 |
| Total Revenue | $74,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $729 |
| Taxes | $5,279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,510 |
| Total operating and administrative expenses | $65,514 |
| Contributions, gifts, grants paid | $103,500 |
| Total expenses and disbursements | $169,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,486 |
| 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 | $1,394,983 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,670 |
| Total assets | $3,520,517 |
| 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, Alexander M Nick And Ellen M Nick Foundation has awarded $103,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHELBY JANE SEYBURN FOUNDATION PURPOSE: ADVANCEMENTS IN THEAREA OF EMOTIONALSUPPORT AFTER TRAUMA | $1,000 |
MANRESA JESUIT RETREAT HOUSE PURPOSE: HELPING PEOPLEGROW SPIRITUALLY | $2,500 |
ZETA BETA TAU FOUNDATION PURPOSE: INTOLERANCE PROGRAMCOMBATTING ANTI-SEMITISM | $100,000 |