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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-12.0% YoY
Annual Giving
$385K
Grant Count
1
Avg Grant Size
$385K
About Nicolas Fund for Education
Based on IRS filings
Nicolas Fund for Education is a nonprofit organization focused on Education, based in BELLEVUE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $385K. Net investment income was $43K.
Focus Areas
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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 | $1,277,312 | $1,450,775 | $2,173,704 |
| Revenue | $794,596 | $623,703 | $1,588,514 |
| Expenses | $1,003,004 | $1,364,177 | $826,739 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $43,107 | $63,669 | $44,006 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Building Goodness Foundation ($385,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUILDING GOODNESS FOUNDATION CHARLOTTSVILLE, VA | CONSTRUCTION OF SCHOOL | $385,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA MERRITT | PRESIDENT | 5 | — |
| PAUL SELVIG | VICE PRESIDENT | 2 | — |
| CARRIE NORDBERG | SECRETARY | 5 | — |
| LOLO LEVY | TREASURER | 10 | — |
| PETE RENN | ACADEMIC CHAIR | 5 | — |
| KATHY RIPER | DIRECTOR | 15 | — |
| HEIDI REYNOLDS | DIRECTOR | 20 | — |
| ALFRED LOPUS | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nicolas Fund for Education?
Nicolas Fund for Education is a nonprofit organization focused on Education, based in BELLEVUE, WA. It holds $1.3M in total assets as of 2024.
How large is Nicolas Fund for Education?
As of 2024, Nicolas Fund for Education holds $1.3M in total assets with $795K in annual revenue. It awarded 1 grants totaling $385K in 2024.
Where does Nicolas Fund for Education operate?
Nicolas Fund for Education has awarded grants in Virginia.
What size grants does Nicolas Fund for Education award?
In 2024, Nicolas Fund for Education awarded 1 grants totaling $385K — an average of about $385K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nicolas Fund for Education's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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