Nicholas Nicholas Foundation Inc

BOYNTON BEACH, FL EIN: 85-2050744

Nicholas Nicholas Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOYNTON BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 2 grants totaling $100K. Net investment income was $50K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-5.8% YoY

Annual Giving

$100K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+0.0% YoY

Under IRS private-foundation payout rules, Nicholas Nicholas Foundation Inc reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.

About Nicholas Nicholas Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Nicholas Nicholas Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $213K (55%)

Colorado $153K (40%)

Maryland $20K (5%)

States

Colorado Maryland Utah

Cities

ClarksvilleDenverLehi

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,546,171	$1,642,056	$1,817,189
Revenue	$110,974	$34,103	$-105,168
Expenses	$206,859	$209,235	$213,625
Qualifying Distributions	$100,000	$100,000	$105,000
Net Investment Income	$49,728	—	$32,252
Distributable Amount	$88,782	$88,312	$95,168

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Indian Services ($50,000), American Indian College Fund ($50,000).

Recipient	Purpose	Amount
American Indian Services Lehi, UT	General Use	$50,000
American Indian College Fund Denver, CO	General Use	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Robert Schwartz	Director	5	$30,000
Richard Janosko	Director	5	$30,000
Ryan Ratner	Director	5	$30,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Nicholas Nicholas Foundation Inc?

Nicholas Nicholas Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOYNTON BEACH, FL. It holds $1.5M in total assets as of 2024.

How large is Nicholas Nicholas Foundation Inc?

As of 2024, Nicholas Nicholas Foundation Inc holds $1.5M in total assets with $111K in annual revenue. It awarded 2 grants totaling $100K in 2024.

Where does Nicholas Nicholas Foundation Inc operate?

Nicholas Nicholas Foundation Inc has awarded grants in Colorado, Maryland, Utah.

What size grants does Nicholas Nicholas Foundation Inc award?

In 2024, Nicholas Nicholas Foundation Inc awarded 2 grants totaling $100K — an average of about $50K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nicholas Nicholas Foundation Inc reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nicholas Nicholas Foundation Inc's EIN?

Nicholas Nicholas Foundation Inc's EIN (Employer Identification Number) is 85-2050744. IRS Form 990 filing data is available on this page for 2020–2024.