NDSP Family Foundation
NDSP Family Foundation is a private foundation, based in Southfield, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.5M in total assets. In 2025, it awarded 4 grants totaling $33K. Net investment income was $324K.
NDSP Family Foundation at a glance
In short: NDSP Family Foundation gave $33K across 4 grants in 2025 (avg $8K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $33,000
- +10.0% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $8,250
- -17.5% vs 2024
- Median grant
- $9,000
- Total assets
- $9,512,619
- +3.1% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who NDSP Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Zoo Atlanta ($10K). Together the top 4 received $33K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 13 grants of 17 (76%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How NDSP Family Foundation gives
- Giving fell 95% from 2022 to 2025. Method
- In 2025 it paid out 6% 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 2025, annual grant giving ranged from $30K (2024) to $2.2M (2023). In 2025 it made 4 grants totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Zoo Atlanta Atlanta, GA | General Fund | $10,000 |
| Georgia Aquariam Atlanta, GA | General Fund | $10,000 |
| Atlanta Botanical Garden Atlanta, GA | General Fund | $8,000 |
| Leadership Institute Atlanta, GA | General Fund | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,512,619 | $357,107 | $66,004 | $33,000 | 4 | $33,000 | $324,103 | $541,285 |
| 2024 | $9,225,948 | $348,627 | $108,565 | $30,000 | 3 | $33,250 | $312,762 | $481,987 |
| 2023 | $8,989,212 | $1,571,841 | $2,296,369 | $2,248,917 | 1 | $2,250,167 | $1,525,884 | $488,424 |
| 2022 | $7,933,710 | $194,387 | $708,125 | $635,000 | 5 | $672,751 | $185,584 | $518,641 |
| 2021 | $8,454,057 | $683,137 | $519,296 | $447,500 | 4 | $459,571 | $624,837 | $589,010 |
| 2020 | $8,290,988 | $1,065,386 | $473,054 | $400,000 | 5 | — | $181,252 | $464,619 |
Under IRS private-foundation payout rules, NDSP Family Foundation reported a distributable amount of $541K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
NDSP Family Foundation is led by Ernest L. Nicolay III, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ernest L. Nicolay III
President
On filings since 2020
2 hrs/week
$245 (2023) → $0 (2025)
Dana Nicolay
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Pete Nicolay
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Sarah Kagan (2020) — Assistant Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $245, to Ernest L Nicolay (President).
Frequently asked questions about NDSP Family Foundation
How much does NDSP Family Foundation give each year?
NDSP Family Foundation gave $33K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 3 grants.
What is NDSP Family Foundation's typical grant size?
NDSP Family Foundation's median grant in 2025 was $9,000, and its average grant was $8,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does NDSP Family Foundation give grants?
NDSP Family Foundation gives mostly in Georgia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Atlanta, GA (4 grants).
Does NDSP Family Foundation give general operating support?
Yes: 100% of NDSP Family Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is NDSP Family Foundation?
NDSP Family Foundation reported $9.5M in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $541K (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 NDSP Family Foundation's EIN?
NDSP Family Foundation's EIN (Employer Identification Number) is 81-4662737. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work NDSP Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in NDSP Family Foundation's focus areas in our free grants database
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