Nichols Family Foundation Inc

Private foundation · Grantmaker Belcamp, MD EIN: 52-1518549

Nichols Family Foundation Inc is a private foundation, based in Belcamp, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $267K in total assets. In 2025, it awarded 1 grant totaling $500. Net investment income was $22K.

Key facts about Nichols Family Foundation Inc

In short: Nichols Family Foundation Inc gave $500 across 1 grant in 2025 (avg $500), mostly in Maryland. Source: 2025 IRS Form 990-PF.

EIN
52-1518549
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$500
Grants made (2025)
1
Average grant
$500
Median grant
$500
Total assets
$266,719
Primary geography
Maryland (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$267K

+8.2% YoY

Annual Giving

$500

-94.0% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$500

-69.9% YoY

Under IRS private-foundation payout rules, Nichols Family Foundation Inc reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Nichols Family Foundation Inc gives

  • Giving fell 84% from 2022 to 2025. Method
  • In 2025 it paid out 2% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BerlinAnnapolisOcean CitySalisburyBaltimoreBostonChesterCrownsvilleHagerstownMemphisOwings MillsSeverna Park

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K8 grants2020 2 grants2021 4 grants2022 3 grants2023 5 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $500 (2025) to $38K (2023). In 2025 it made 1 grant totaling $500.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Rackliffe House Trust: $500Rackliffe House Trust$500

The largest 2025 recipient was Rackliffe House Trust ($500).

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rackliffe House Trust Berlin, MDTo Further Organization's Exempt Purpose.$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$266,719$246,585$242,317
Revenue$24,268$16,247$69,362
Expenses$4,134$11,979$39,798
Qualifying Distributions$500$8,300$37,500
Net Investment Income$21,634$8,892$7,311
Distributable Amount$28,403$24,822$19,821

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Nichols Family Foundation Inc is led by Raymond C. Nichols, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Raymond C. Nichols

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • R. Charles Nichols

    Vice President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • S. Michelle Nichols-Neff

    Secretary, Treasurer & Director

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about Nichols Family Foundation Inc

How much does Nichols Family Foundation Inc give each year?

Nichols Family Foundation Inc gave $500 across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 5 grants.

How large is Nichols Family Foundation Inc?

Nichols Family Foundation Inc reported $267K in total assets on its 2025 IRS Form 990-PF. It paid out $500 in qualifying distributions that year, against a required minimum of $28K (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.

Where does Nichols Family Foundation Inc operate?

Nichols Family Foundation Inc has awarded grants in Massachusetts, Maryland, Tennessee.

What is Nichols Family Foundation Inc's EIN?

Nichols Family Foundation Inc's EIN (Employer Identification Number) is 52-1518549. 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.

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