Nick and Judith Topitzes Family Foundation Inc

Foundation · Grantmaker Madison, WI EIN: 47-5039443

Nick and Judith Topitzes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 13 grants totaling $159K. Net investment income was $66K.

Key facts about Nick and Judith Topitzes Family Foundation Inc

In short: Nick and Judith Topitzes Family Foundation Inc gave $159K across 13 grants in 2025 (avg $12K), top state District of Columbia. 77% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
47-5039443
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$158,500
Grants made (2025)
13
Average grant
$12,192
Median grant
$3,000
New grantees (estimate)
77% first-time grantees (10 of 13, 2025)
Total assets
$1,541,397
Primary geography
District of Columbia (45% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

-5.2% YoY

Annual Giving

$159K

+53.1% YoY

Grant Count

13

+62.5% YoY

Avg Grant Size

$12K

-5.8% YoY

Under IRS private-foundation payout rules, Nick and Judith Topitzes Family Foundation Inc reported a distributable amount of $114K for 2025 — the minimum it must pay out in qualifying distributions.

Is Nick and Judith Topitzes Family Foundation Inc open to new grantees?

77%

first-time grantees, 2025

In 2025, 10 of 13 grantees (77%) were first-time recipients. First grants averaged $14K; repeat grants $5K. How we count

Medians: $3K first-time, $5K repeat.

  • 23% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+11%). Method
  • In 2025 it paid out 141% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states

Share of all 13 itemized 2025 grant dollars.

Cities

MadisonMilwaukeeWashingtonBrooklineFitchburgBaltimoreBeaver DamJacksonvilleMadsonMilwoodNaplesStamfordCoconut CreekCoffeyvilleEvanstonHoustonMiddletonNew YorkAlexandriaAmericus

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K42 grants202046 grants202136 grants202212 grants20238 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Paypal Charitable Giving Fund: $71KPaypal Charitable Giving Fund$71KUniversity of Wisconsin Foundation: $50KUniversity of WisconsinFoundation$50KHellenic College Holy Cross: $7KHellenic College Holy Cross$7KAssumption Church: $5KAssumption Church$5KInternational Orthodox Christian Charities: $5KInternational OrthodoxChristian Charities$5KCatholic Charities Diocese of Madison: $4KCatholic Charities Diocese ofMadison$4KFriends of PBS Wisconsin: $3KFriends of PBS Wisconsin$3KHope for Ukraine: $3KHope for Ukraine$3KSs Cyril & Methodius Orthodox Church: $3KSs Cyril & Methodius OrthodoxChurch$3KSt Coletta of Wisconsin: $3KSt Coletta of Wisconsin$3K

Grant Size Distribution

115 grants across all recorded years

111<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Paypal Charitable Giving Fund Washington, DCGeneral Operations$71,000
University of Wisconsin Foundation Madison, WIGeneral Operations$50,000
Hellenic College Holy Cross Brookline, MAGeneral Operations$7,000
Assumption Church Madison, WIGeneral Operations$5,000
International Orthodox Christian Charities Towson, MDGeneral Operations$5,000
Catholic Charities Diocese of Madison Madison, WIGeneral Operations$4,000
Friends of PBS Wisconsin Madison, WIGeneral Operations$3,000
Hope for Ukraine Roseland, NJGeneral Operations$3,000
Ss Cyril & Methodius Orthodox Church Madison, WIGeneral Operations$3,000
St Coletta of Wisconsin Jefferson, WIGeneral Operations$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202020212022202320242025
Metric202520242023
Total Assets$1,541,397$1,625,140$1,606,114
Revenue$70,465$135,789$77,133
Expenses$154,208$116,763$110,762
Qualifying Distributions$160,100$105,084$108,165
Net Investment Income$66,405$130,999$74,091
Distributable Amount$113,821$106,616$96,892

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 May 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Nick and Judith Topitzes Family Foundation Inc is led by Nick Topitzes, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nick Topitzes

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Papageorge

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • William Boyle

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Nicholas Topitzes

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith Topitzes

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kent C. N. Topitzes

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Nick and Judith Topitzes Family Foundation Inc

How much does Nick and Judith Topitzes Family Foundation Inc give each year?

Nick and Judith Topitzes Family Foundation Inc gave $159K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $104K across 8 grants.

What is Nick and Judith Topitzes Family Foundation Inc's typical grant size?

Nick and Judith Topitzes Family Foundation Inc's median grant in 2025 was $3,000, and its average grant was $12,192, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Nick and Judith Topitzes Family Foundation Inc that year got $14K on average.

Where does Nick and Judith Topitzes Family Foundation Inc give grants?

Nick and Judith Topitzes Family Foundation Inc's top state is District of Columbia, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Wisconsin (44%). The most frequent recipient cities were Madison, WI (6 grants) and Washington, DC (2 grants).

Does Nick and Judith Topitzes Family Foundation Inc give general operating support?

Yes: 100% of Nick and Judith Topitzes Family Foundation Inc's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Nick and Judith Topitzes Family Foundation Inc's largest grantees?

Nick and Judith Topitzes Family Foundation Inc's largest 2025 grantees include Paypal Charitable Giving Fund ($71,000), University of Wisconsin Foundation ($50,000) and Hellenic College Holy Cross ($7,000), according to its 2025 IRS Form 990-PF. Together they received 81% of its itemized 2025 grant dollars.

How large is Nick and Judith Topitzes Family Foundation Inc?

Nick and Judith Topitzes Family Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $160K in qualifying distributions that year, against a required minimum of $114K (roughly 5% of its investment assets).

What is Nick and Judith Topitzes Family Foundation Inc?

Nick and Judith Topitzes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, WI. It holds $1.5M in total assets as of 2025.

What is Nick and Judith Topitzes Family Foundation Inc's EIN?

Nick and Judith Topitzes Family Foundation Inc's EIN (Employer Identification Number) is 47-5039443. 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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