FC & CW Nichols Charity FD
FC & CW Nichols Charity FD is a private foundation focused on Arts, Culture & Humanities, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 3 grants totaling $247K. Net investment income was $151K.
FC & CW Nichols Charity FD at a glance
In short: FC & CW Nichols Charity FD gave $247K across 3 grants in 2024 (avg $82K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $246,514
- -38.7% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $82,171
- -38.7% vs 2023
- Median grant
- $82,171
- Total assets
- $4,459,086
- -2.2% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who FC & CW Nichols Charity FD funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Peabody & Essex Museum ATT Sheryl Sandler ($123K). Together the top 3 received $247K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $100–250K range: 6 grants of 15 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How FC & CW Nichols Charity FD gives
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $240K (2022) to $402K (2023). In 2024 it made 3 grants totaling $247K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Peabody & Essex Museum ATT Sheryl Sandler Salem, MA | General Purposes | $123,257 |
| Salem Hospital Katherine P Bailey/Director of Dev Salem, MA | General Purposes | $82,171 |
| King's Chapel Boston, MA | General Purposes | $41,086 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,459,086 | $193,607 | $296,623 | $246,514 | 3 | $249,129 | $150,726 | $312,444 |
| 2023 | $4,558,110 | $374,428 | $441,887 | $401,916 | 3 | $404,461 | $333,733 | $278,293 |
| 2022 | $4,694,492 | $169,386 | $292,632 | $240,000 | 3 | $242,400 | $73,522 | $292,924 |
| 2021 | $4,913,528 | $334,836 | $316,625 | $271,014 | 3 | $273,299 | $263,460 | $324,443 |
| 2020 | $4,895,317 | $102,004 | $304,236 | $260,000 | 3 | — | $55,283 | $283,156 |
Under IRS private-foundation payout rules, FC & CW Nichols Charity FD reported a distributable amount of $312K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
FC & CW Nichols Charity FD's only listed officer is Fiduciary Trust Company, Trustee on every filing since 2020 (compensated).
Officers on the 2024 filing
Fiduciary Trust Company
Trustee
On filings since 2020
$36K (2020) → $37K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $37K, to Fiduciary Trust Company (Trustee).
Frequently asked questions about FC & CW Nichols Charity FD
How much does FC & CW Nichols Charity FD give each year?
FC & CW Nichols Charity FD gave $247K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $402K across 3 grants.
What is FC & CW Nichols Charity FD's typical grant size?
FC & CW Nichols Charity FD's median grant in 2024 was $82,171, and its average grant was $82,171, across 3 grants on its 2024 IRS Form 990-PF.
Where does FC & CW Nichols Charity FD give grants?
FC & CW Nichols Charity FD gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Salem, MA (2 grants).
Does FC & CW Nichols Charity FD give general operating support?
Yes: 100% of FC & CW Nichols Charity FD's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is FC & CW Nichols Charity FD?
FC & CW Nichols Charity FD reported $4.5M in total assets on its 2024 IRS Form 990-PF. It paid out $249K in qualifying distributions that year, against a required minimum of $312K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is FC & CW Nichols Charity FD?
FC & CW Nichols Charity FD is a private foundation focused on Arts, Culture & Humanities, based in Boston, MA. It holds $4.5M in total assets as of 2024.
What is FC & CW Nichols Charity FD's EIN?
FC & CW Nichols Charity FD's EIN (Employer Identification Number) is 04-6007299. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
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