Nicolas Fund for Education (NFE) provides students with the skills and opportunities they need to rise out of poverty and transform their lives. NFE is creating a generation of young leaders who can help bring about real and lasting change in their communities.
Key facts about Nicolas Fund for Education
In short: Nicolas Fund for Education reported $637K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- EIN
- 45-4887611
- Latest 990 filing
- Form 990, 2025
- Grants paid (2025)
- $637,192 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $1,351,373
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$1.4M
+5.8% YoY
Grants Paid (reported total)
$637K
+65.5% YoY
Revenue
$846K
+6.5% YoY
Net Investment Income
$30K
-29.5% YoY
About Nicolas Fund for Education
Based on IRS filings
Nicolas Fund for Education is a public charity focused on Education, based in Bellevue, WA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it reported $637K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $328K (2021) to $1.3M (2023). In 2025 it reported $637K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,351,373 | $1,277,312 | $1,450,775 |
| Revenue | $846,496 | $794,596 | $623,703 |
| Expenses | $779,818 | $1,003,004 | $1,364,177 |
| Net Investment Income | $30,396 | $43,107 | $63,669 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 6, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS June 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Nicolas Fund for Education is led by Alfred Lopus, President since 2025 (on filings since 2024); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alfred Lopus
President
Director → President, 2025
On filings since 2024
20 hrs/week
No compensation reported
Heidi Reynolds
Director
On filings since 2020
14 hrs/week
No compensation reported
Kathy Riper
Director
On filings since 2020
10 hrs/week
No compensation reported
Ashley Koo
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Susan Dapron
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Carrie Nordberg
Secretary
On filings since 2020
8 hrs/week
No compensation reported
Lolo Levy
Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Paul Selvig
Vice President
Director → Vice President, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (5)
- Former: Rebecca Merritt (2020–2024) — President
- Former: Pete Renn (2024) — Academic Chair
- Former: Al Lopus (2020–2023) — Director
- Former: Bill Safstrom (2020–2023) — Vice President
- Former: Mary Young (2020–2023) — Director
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 Nicolas Fund for Education
How much does Nicolas Fund for Education give each year?
Nicolas Fund for Education reported $637K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $385K across 1 grant.
How large is Nicolas Fund for Education?
Nicolas Fund for Education reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $846K.
What is Nicolas Fund for Education?
Nicolas Fund for Education is a public charity focused on Education, based in Bellevue, WA. It holds $1.4M in total assets as of 2025.
Where does Nicolas Fund for Education operate?
Nicolas Fund for Education has awarded grants in Virginia.
What is Nicolas Fund for Education's EIN?
Nicolas Fund for Education's EIN (Employer Identification Number) is 45-4887611. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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