Nicholas Endowment Tr
- Assets
- $48.0m
- Revenue
- $3.1m
- Investments
- $47.0m
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 46-6117991
Organization Overview
Nicholas Endowment Tr is located in Irvine, CA. The organization was established in 2003. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Nicholas Endowment Tr 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, Nicholas Endowment Tr generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 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 2015, Nicholas Endowment Tr has awarded 219 individual grants totaling $12,023,542. 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 |
|---|---|---|---|
Daniel T Stetson Trustee And Executive Dire | 30 | $70,000 | |
Paula Tomei Trustee | 2 | $0 | |
Robert Feller Trustee | 2 | $0 | |
Claudia Sangster Trustee And Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33 |
| Dividends & Interest | $616,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,925,782 |
| Capital Gain Net Income | $1,925,782 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $606,380 |
| Total Revenue | $3,148,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,075 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,660 |
| Total operating and administrative expenses | $212,185 |
| Contributions, gifts, grants paid | $1,967,400 |
| Total expenses and disbursements | $2,179,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,019,099 |
| 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 | $14,729,180 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,039,081 |
| Accounts payable and accrued expenses | $30,327 |
| 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 | $216,522 |
| Total liabilities | $246,849 |
Grants Awarded
Over the last fiscal year, Nicholas Endowment Tr has awarded $1,967,400 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Costa Mesa, CA PURPOSE: CORE SUPPORT | $200,000 |
Irvine, CA PURPOSE: CORE SUPPORT | $200,000 |
Dana Point, CA PURPOSE: PROGRAM SUPPORT | $175,000 |
Orange, CA PURPOSE: CHILD PROTECTION PROGRAM | $100,000 |
San Juan Capistrano, CA PURPOSE: PROGRAM SUPPORT | $100,000 |
UCLA - SOCIAL ENTERPRISE ACADEMY PURPOSE: SOCIAL ENTERPRISE ACADEMY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pledgeling Foundation Venice, CA | $2,856,994 | $17,411,331 |
Social Impact Fund Los Angeles, CA | $12,584,440 | $14,562,924 |
Solidaire Network Inc Oakland, CA | $12,776,145 | $7,898,596 |
Century Club Of San Diego La Jolla, CA | $2,243,411 | $13,615,886 |
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |
Rodan & Fields Prescription For Change Foundation San Francisco, CA | $4,001,646 | $2,863,722 |
Mz Foundation San Francisco, CA | $44,105,186 | $1,119,650 |
Northridge Hospital Foundation Northridge, CA | $34,105,593 | $7,650,276 |