Marcel A Nicolas Jr And Marguerite M Nicolas Char Fdn Inc is located in Englewood, FL. The organization was established in 2019. 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. Marcel A Nicolas Jr And Marguerite M Nicolas Char Fdn 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, Marcel A Nicolas Jr And Marguerite M Nicolas Char Fdn Inc generated $25.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $40.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL GRANTS OR SCHOLARSHIPS TO INDIVIDUALS AND ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Dickinson Trustee | 4 | $2,200 | |
Donald B Dewitt Trustee | 4 | $550 | |
Alejandra M Juffe Trustee | 4 | $2,200 | |
David Orris Trustee | 4 | $1,650 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,785 |
| Capital Gain Net Income | $67 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $130 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,883 |
| Contributions, gifts, grants paid | $22,187 |
| Total expenses and disbursements | $40,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,190 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $629,109 |
| 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, Marcel A Nicolas Jr And Marguerite M Nicolas Char Fdn Inc has awarded $22,187 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SHRINERS HOSPITAL FOR CHILDREN PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORG | $5,547 |
SOUTHWEASTERN GUIDE DOGS PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORG | $4,437 |
VILLAGE ON THE ISLES PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORG | $6,656 |
VILLAGE ON THE ISLES FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORD | $5,547 |