Nielsen Foundation Inc
- Assets
- $35.1m
- Revenue
- $706.2k
- Investments
- $33.9m
- Employees
- 0
- Location
- Oldsmar, FL
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-5513015
Organization Overview
Nielsen Foundation Inc is located in Oldsmar, FL. The organization was established in 2016. 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. Nielsen Foundation Inc 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, Nielsen Foundation Inc generated $706.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (43.1%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Nielsen Foundation Inc has awarded 341 individual grants totaling $11,060,024. 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 |
|---|---|---|---|
Lisa Longo Vice President-Finance | 2 | $0 | |
George Callard Director | 0.5 | $0 | |
Jana Palmaccio Treasurer | 2 | $0 | |
Andrea Bertels President,exec Dir-Grantmaking | 6 | $0 | |
Sandra Sims-Williams Director, Secretary | 0.5 | $0 | |
Laurie Lovett Director, Exec Dir-Governance | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 12/30/22 | $124,797 |
Benevity | 12/30/22 | $52,441 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $580 |
| Dividends & Interest | $1,009,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$304,207 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $706,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,442 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,881 |
| Total operating and administrative expenses | $271,421 |
| Contributions, gifts, grants paid | $2,054,106 |
| Total expenses and disbursements | $2,325,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,178,408 |
| Net Accounts receivable | $38,384 |
| 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 | $1,347,946 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,084,319 |
| 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, Nielsen Foundation Inc has awarded $2,049,106 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ADVERTISING COUNCIL INC PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
ASIAN AMERICANS ADVANCING JUSTICE LOS ANGELES PURPOSE: SUPPORT FOR RESEARCH STUDY ON ANTI-DISCRIMINATION MESSAGING | $5,000 |
ARF CHARITABLE FOUNDATION PURPOSE: SUPPORT FOR ARF CHARITABLE FOUNDATION FOR SCHOLARSHIPS THROUGH THE ARF WIDE PROGRAM | $25,000 |
ASIAN AMERICAN DONOR PROGRAM PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
CHRISTIAN COMMUNITY ACTION INC PURPOSE: EMERGENCY FOOD DISTRIBUTION PROGRAM | $5,000 |
BROADCASTERS FOUNDATION OF AMERICA PURPOSE: PROVIDE CRITICAL FINANCIAL SUPPORT TO DESTITUTE BROADCASTERS, THROUGH EMERGENCY GRANTS AND MONTHLY GRANTS | $25,000 |