Nolen Foundation Inc
- Assets
- $2.9m
- Revenue
- $3.1m
- Investments
- $2.8m
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- Data as of
- 12/2022
- EIN
- 88-4125711
Organization Overview
Nolen Foundation Inc is located in Bonita Springs, FL. 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. Nolen 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.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $424 |
| Dividends & Interest | $8,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,048 |
| Capital Gain Net Income | $45,048 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,053,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,587 |
| Total operating and administrative expenses | $2,587 |
| Contributions, gifts, grants paid | $151,576 |
| Total expenses and disbursements | $154,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,335 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,897,785 |
| 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, Nolen Foundation Inc has awarded $151,576 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CAPITAL AREA FOOD BANK PURPOSE: GENERAL PURPOSE | $25,000 |
SECOND STORY PURPOSE: GENERAL PURPOSE | $25,000 |
COMPASSION INT'L CI PAYMENT PURPOSE: GENERAL PURPOSE | $76 |
BONITA SPRINGS ASSISTANCE OFFICE PURPOSE: GENERAL SUPPORT | $500 |
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL PURPOSE | $40,000 |
CHILDRENS NATIONAL HOSPITAL PURPOSE: GENERAL PURPOSE | $20,000 |