Ndsp Family Foundation is located in Chicago, IL. The organization was established in 2017. 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. Ndsp Family 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, Ndsp Family Foundation generated $194.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.8%) each year. All expenses for the organization totaled $708.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ndsp Family Foundation has awarded 14 individual grants totaling $1,482,500. 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 |
|---|---|---|---|
Ernest L Nicolay President | 2 | $0 | |
Dana Nicolay Secretary | 2 | $0 | |
Pete Nicolay Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $225,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,998 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $194,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,391 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $334 |
| Total operating and administrative expenses | $73,125 |
| Contributions, gifts, grants paid | $635,000 |
| Total expenses and disbursements | $708,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $82,948 |
| 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 | $205,487 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$4,781 |
| Total assets | $7,933,710 |
| 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, Ndsp Family Foundation has awarded $635,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA BOTANICAL GARDEN PURPOSE: GENERAL | $15,000 |
GEORGIA AQUARIUM PURPOSE: GENERAL | $10,000 |
ZOO ATLANTA PURPOSE: GENERAL | $10,000 |
NATIONAL CHRISTIAN CHARITABLE FOUNDATIO PURPOSE: GENERAL | $350,000 |
CHICAGO COMMUNITY FOUNDATION PURPOSE: GENERAL | $250,000 |