Nicholas J Pappas Trust Scholarship Fund

LAS VEGAS, NV EIN: 23-6478280

Nicholas J Pappas Trust Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $596K in total assets. In 2024, it awarded 1 grants totaling $19K. Net investment income was $55K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$596K

Annual Giving

$19K

Grant Count

Avg Grant Size

$19K

Under IRS private-foundation payout rules, Nicholas J Pappas Trust Scholarship Fund reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Nicholas J Pappas Trust Scholarship Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $77K (100%)

States

New York

Cities

Oceanside

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022	2021
Total Assets	$595,826	$600,995	$649,929
Revenue	$32,785	$-30,657	$42,197
Expenses	$27,007	$43,718	$25,372
Qualifying Distributions	$25,756	$42,849	$23,862
Net Investment Income	$55,482	$22,569	$42,197
Distributable Amount	$25,395	$27,405	$37,570

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kremastiotes Progressive Associatio ($18,644).

Recipient	Purpose	Amount
KREMASTIOTES PROGRESSIVE ASSOCIATIO OCEANSIDE, NY	GENERAL OPERATING	$18,644

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KREMASTIOTES PROGRESSIVE ASSOC	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Nicholas J Pappas Trust Scholarship Fund?

Nicholas J Pappas Trust Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $596K in total assets as of 2024.

How large is Nicholas J Pappas Trust Scholarship Fund?

As of 2024, Nicholas J Pappas Trust Scholarship Fund holds $596K in total assets with $33K in annual revenue. It awarded 1 grants totaling $19K in 2024.

Where does Nicholas J Pappas Trust Scholarship Fund operate?

Nicholas J Pappas Trust Scholarship Fund has awarded grants in New York.

What size grants does Nicholas J Pappas Trust Scholarship Fund award?

In 2024, Nicholas J Pappas Trust Scholarship Fund awarded 1 grants totaling $19K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Nicholas J Pappas Trust Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nicholas J Pappas Trust Scholarship Fund reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nicholas J Pappas Trust Scholarship Fund's EIN?

Nicholas J Pappas Trust Scholarship Fund's EIN (Employer Identification Number) is 23-6478280. IRS Form 990 filing data is available on this page for 2021–2024.