Nicholson Foundation Inc

Foundation · Grantmaker NASHVILLE, TN EIN: 62-1685784

Nicholson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2023. In 2023, it awarded 22 grants totaling $166K. Net investment income was $6K.

Key facts about Nicholson Foundation Inc

EIN: 62-1685784
Latest 990 filing: Form 990-PF, 2023
Annual giving (2023): $165,954
Grants made (2023): 22
Average grant: $7,543
Median grant: $200
Primary geography: Tennessee (99% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated April 2026.

Who Nicholson Foundation Inc funds

By grant dollars, the top recipient states for Nicholson Foundation Inc's 22 itemized 2023 grants were Tennessee (99%). The most frequent recipient cities were Nashville, TN (16 grants). None of its 22 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Further One or More of the Exempt Purposes of the Charity" (22 grants).

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$166K

+420.1% YoY

Grant Count

+2100.0% YoY

Avg Grant Size

$8K

-76.4% YoY

Under IRS private-foundation payout rules, Nicholson Foundation Inc reported a distributable amount of $7K for 2023 — the minimum it must pay out in qualifying distributions.

About Nicholson Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $164K (99%)

California $2K (1%)

Indiana $55 (0%)

Share of all 22 itemized 2023 grant dollars.

States

California Indiana Tennessee

Cities

NashvilleListBrentwoodCarmelCentervilleJohnson CityMonteagleStanford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$174,582	$210,703
Revenue	$3,984	$2,035	$15,659
Expenses	$169,340	$33,870	$34,480
Qualifying Distributions	$167,636	—	—
Net Investment Income	$5,632	—	—
Distributable Amount	$6,701	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include Community Foundation Middle Tn ($149,239), First Presbyterian Church ($11,200), Stanford University ($2,100).

Recipient	Purpose	Amount
COMMUNITY FOUNDATION MIDDLE TN NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$149,239
FIRST PRESBYTERIAN CHURCH NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$11,200
STANFORD UNIVERSITY STANFORD, CA	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$2,100
GORDON JEWISH COMMUNITY CENTER NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$560
SWEET SLEEP INC BRENTWOOD, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$500
BOY SCOUTS OF MIDDLE TN COUNCIL NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$300
HARPETH HALL SCHOOL NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$250
ALIVE HOSPICE NASHVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$200
CAMP NACOME CENTERVILLE, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$200
ETSU FOUNDATION JOHNSON CITY, TN	TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY	$200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
ALEXANDER M NICHOLSON JR	PRESIDENT	3	—
LAURIE M NICHOLSON	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Nicholson Foundation Inc?

Nicholson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. It holds — in total assets as of 2023.

Where does Nicholson Foundation Inc operate?

Nicholson Foundation Inc has awarded grants in California, Indiana, Tennessee.

What size grants does Nicholson Foundation Inc award?

In 2023, Nicholson Foundation Inc awarded 22 grants totaling $166K — an average of about $8K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Nicholson Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.