NICHOLS FOUNDATION INC

FAIRFIELD, NJ 070042530 EIN 136400615

https://N/A
Total Given 2016–2016
$3.1M
1 grants · $3.1M avg/year
based on 1 yr of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$3.1M
typical big bets · $3.1M–$3.1M
grant size
0%
transactional · single-year
repeat
$15.7M
Assets · 2016
1
Distinct recipients

About

ON NOVEMBER 24, 2016, THE BOARD OF DIRECTORS ADOPTED A RESOLUTION TO DISSOLVE THE FOUNDATION. A COPY OF THE PLAN OF DISSOLUTION AND DISTRIBUTION OF ASSETS OF NICHOLS FOUNDATION, INC. IS ATTACHED HERETO.UNDER THE PLAN, ALL ASSETS, CONSISTING OF CASH AND CASH EQUIVALENTS, WILL BE DISTRIBUTED TO THE BOSTON FOUNDATION LOCATED AT 75 ARLINGTON ST. 3RD FLOOR, BOSTON, MA 02116. AN INITIAL DISTRIBUTION OF $1,800,000 WAS DISBURSED TO THE RECIPIENT IN DECEMBER 2016. THE PLAN INTENDS TO DISTRIBUTE THE BALANCE OF NET ASSETS DURING 2017.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Contact Person SEE
Phone 2027393000

Grant Size Distribution

Based on 1 grants on record

Minimum
$3.1M
25th Pctl
$3.1M
Median
$3.1M
Average
$3.1M
75th Pctl
$3.1M
Maximum
$3.1M

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
JESSICA MELENDEZ Executive Dir. $50K
ANDREA CUVELIER Vice President
MICHAEL NICHOLS President
SANDRA P NASH Board Member
DARYL CAMERON Board Member
KAREN WINCHESTER Treasurer
MARION WELLS BOARD MEMBER

Grants Awarded (1 total)

Purpose
SEE ATTACHED, FL $3,068,400 ALL = SUSTAINING GIFTS 2016