Lynn S Nicholas Family Foundation Inc

MEQUON, WI EIN: 87-1448491

Lynn S Nicholas Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEQUON, WI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $47.1M in total assets. In 2024, it awarded 6 grants totaling $1.9M. Net investment income was $2.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$47.1M

+0.5% YoY

Annual Giving

$1.9M

-11.6% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$317K

+32.6% YoY

Under IRS private-foundation payout rules, Lynn S Nicholas Family Foundation Inc reported a distributable amount of $2.8M for 2024 — the minimum it must pay out in qualifying distributions.

About Lynn S Nicholas Family Foundation Inc

Based on IRS filings

Lynn S Nicholas Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEQUON, WI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $47.1M in total assets. In 2024, it awarded 6 grants totaling $1.9M. Net investment income was $2.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Baileys HarborBrookfieldColumbusLos AngelesMadisonMemphisMilwaukeeOconomowocOshkoshSanta MonicaWatertownWaukeshaWaunakeeWauwatosaWest AllisWest Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14M$28M$42M$56M2021202220232024
Metric202420232022
Total Assets$47,130,205$46,879,113$47,790,194
Revenue$2,467,869$1,685,354$50,515,854
Expenses$2,216,777$2,595,435$2,748,335
Qualifying Distributions$2,013,033$2,263,033$2,566,517
Net Investment Income$2,263,293$1,365,340$1,134,936
Distributable Amount$2,785,491$2,445,822$2,130,337

Giving Over Time

Total grant dollars and number of grants per year

$0$628K$1M$2M$3M0 grants202124 grants20229 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

CHILDREN'S HOSPITAL OF W…$500KROGERS BEHAVIORAL HEALTH…$400KUWM FOUNDATION$400KMACC FUND$300KMEDICAL COLLEGE OF WISCO…$200KWATERTOWN HUMANE SOCIETY$100K

Grant Size Distribution

39 grants across all recorded years

12<$50K5$50–100K10$100–250K9$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Children's Hospital of Wisconsin Foundation ($500,000), Rogers Behavioral Health Foundation ($400,000), Uwm Foundation ($400,000).

RecipientPurposeAmount
CHILDREN'S HOSPITAL OF WISCONSIN FOUNDATION MILWAUKEE, WIADVANCE THE WORK OF PEDIATRIC PATIENT CARE, RESEARCH AND TEACHING BY CHILDREN'S HOSPITALS.$500,000
MACC FUND MILWAUKEE, WISUPPORTS RESEARCH INTO THE EFFECTIVE TREATMENT AND CURE FOR CHILDHOOD CANCER.$300,000
MEDICAL COLLEGE OF WISCONSIN MILWAUKEE, WISUPPORTING A PRIVATE MEDICAL SCHOOL, PHARMACY, AND GRADUATE SCHOOL IN MILWAUKEE, WISCONSIN.$200,000
ROGERS BEHAVIORAL HEALTH FOUNDATION OCONOMOWOC, WITO HELP SUPPORT THE NEW RESEARCH CENTER AND MENTAL HEALTH TREATMENTS IN GENERAL. TO CREATE AWARENESS AROUND MENTAL HEALTH$400,000
UWM FOUNDATION MILWAUKEE, WISUPPORTING UW MILWAUKEE STUDENTS, FACULTY, COMMUNITY PROGRAMS, AND THE COMMUNITY.$400,000
WATERTOWN HUMANE SOCIETY WATERTOWN, WIPROVIDE FOR THE LOST, HOMELESS, NEGLECTED ANIMALS. PROVIDE HELP FOR ANIMALS IN NEED REGARDLESS OF AGE, HEALTH, OR BACKGROUND.$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LYNN S NICHOLASPRESIDENT$150K

From 2024 filing

NameTitleHoursCompensation
LYNN S NICHOLASPRESIDENT10$150,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lynn S Nicholas Family Foundation Inc?

Lynn S Nicholas Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEQUON, WI. It holds $47.1M in total assets as of 2024.

How large is Lynn S Nicholas Family Foundation Inc?

As of 2024, Lynn S Nicholas Family Foundation Inc holds $47.1M in total assets with $2.5M in annual revenue. It awarded 6 grants totaling $1.9M in 2024.

Where does Lynn S Nicholas Family Foundation Inc operate?

Lynn S Nicholas Family Foundation Inc has awarded grants in California, Georgia, Tennessee, Wisconsin.

What size grants does Lynn S Nicholas Family Foundation Inc award?

In 2024, Lynn S Nicholas Family Foundation Inc awarded 6 grants totaling $1.9M — an average of about $317K per grant, based on its IRS Form 990 filings.

How much is Lynn S Nicholas Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lynn S Nicholas Family Foundation Inc reported a distributable amount of $2.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lynn S Nicholas Family Foundation Inc's EIN?

Lynn S Nicholas Family Foundation Inc's EIN (Employer Identification Number) is 87-1448491. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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