Nichols Foundation Inc
Nichols Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 5 grants totaling $16K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
-3.3% YoY
Annual Giving
$16K
+18.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$3K
-5.2% YoY
Under IRS private-foundation payout rules, Nichols Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Nichols Foundation Inc
Based on IRS filings
Nichols Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 5 grants totaling $16K. Net investment income was $7K.
Focus Areas
Ready to take the next step with Nichols Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,363 | $253,762 | $259,390 |
| Revenue | $12,906 | $12,773 | $11,837 |
| Expenses | $21,305 | $18,401 | $18,822 |
| Qualifying Distributions | $16,000 | $13,500 | $16,000 |
| Net Investment Income | $7,406 | $7,687 | $8,800 |
| Distributable Amount | $11,798 | $11,974 | $12,890 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Mary's Episcopal Church ($6,000), Wyatt Erwin ($2,500), Jermi Shamblin ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| WYATT ERWIN SEALY, TX | SCHOLARSHIP | $2,500 |
| JERMI SHAMBLIN COLMESNEIL, TX | SCHOLARSHIP | $2,500 |
| PARKER JOHN DEBERRY SEALY, TX | SCHOLARSHIP | $2,500 |
| ST MARY'S EPISCOPAL CHURCH BELLVILLE, TX | DONATION | $6,000 |
| ABBY WILSON WOODVILLE, TX | SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA U NICHOLS | PRESIDENT | — | — |
| W S NICHOLS III | VICE-PRESIDENT | — | — |
| MICHAEL W NICHOLS | SECRETARY-TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nichols Foundation Inc?
Nichols Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLVILLE, TX. It holds $245K in total assets as of 2024.
How large is Nichols Foundation Inc?
As of 2024, Nichols Foundation Inc holds $245K in total assets with $13K in annual revenue. It awarded 5 grants totaling $16K in 2024.
Where does Nichols Foundation Inc operate?
Nichols Foundation Inc has awarded grants in Texas.
What size grants does Nichols Foundation Inc award?
In 2024, Nichols Foundation Inc awarded 5 grants totaling $16K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Nichols Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nichols Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nichols Foundation Inc's EIN?
Nichols Foundation Inc's EIN (Employer Identification Number) is 76-0603435. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nichols Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bert F Winston Sr Foundation
RICHMOND, TX
Assets
$3.6M
Grants
13
Total Given
$151K
American Association for Dental Oral
ALEXANDRIA, VA
Assets
$11.1M
Grants
5
Total Given
$78K
Lift High Foundation Inc
SHENANDOAH, TX
Assets
$7.2M
Grants
1
Total Given
$310K
Hamill Foundation
HOUSTON, TX
Assets
$212.4M
Grants
81
Total Given
$14.9M
The Shepard Family Private Foundation
BALTIMORE, MD
Assets
$3.0M
Grants
33
Total Given
$889K
Judy Calder Foundation
BOERNE, TX
Assets
—
Grants
19
Total Given
$285K
The Bonfield Family Foundation
ARGYLE, TX
Assets
$620K
Grants
32
Total Given
$35K
Doris Day and Terry Melcher Foundation
OMAHA, NE
Assets
$26.6M
Grants
11
Total Given
$1.3M
National Road Safety Foundation Inc
NEW YORK, NY
Assets
$48.8M
Grants
9
Total Given
$319K
The Cockrell Foundation
HOUSTON, TX
Assets
$176.7M
Grants
18
Total Given
$10.8M
The Metcalf Foundation
DALLAS, TX
Assets
$606K
Grants
4
Total Given
$33K
Luke and Merle Soules Family Foundation
SAN ANTONIO, TX
Assets
$1.4M
Grants
4
Total Given
$810K
More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.