Nulsen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $735K in total assets. In 2024, it awarded 15 grants totaling $214K. Net investment income was $253K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$735K
+6.1% YoY
Annual Giving
$214K
-53.4% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$14K
-69.0% YoY
Under IRS private-foundation payout rules, Nulsen Family Foundation Inc reported a distributable amount of $188K for 2024 — the minimum it must pay out in qualifying distributions.
About Nulsen Family Foundation Inc
Based on IRS filings
Nulsen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $735K in total assets. In 2024, it awarded 15 grants totaling $214K. Net investment income was $253K.
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 | $735,241 | $693,112 | $1,310,705 |
| Revenue | $257,481 | $-133,822 | $238,004 |
| Expenses | $220,102 | $461,764 | $476,813 |
| Qualifying Distributions | $215,500 | $458,500 | $457,000 |
| Net Investment Income | $252,887 | $55,761 | $232,347 |
| Distributable Amount | $188,303 | $170,230 | $167,643 |
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 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Babson College ($120,000), New Community Foundation ($25,000), Episcopal High School ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BABSON COLLEGE BABSON PARK, MA | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $120,000 |
| BARNS OF ROSE HILL BERRYVILLE, VA | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $1,000 |
| COLLEEN MITCHEL MEMORIAL FUND KENSINGTON, MD | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $1,000 |
| EPISCOPAL HIGH SCHOOL SEVERN, MD | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
| LOOMIS CHAFFEE ANNUAL FUND WINDSOR, CT | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $2,500 |
| NEW COMMUNITY FOUNDATION WASHINGTON, DC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $25,000 |
| INOVA HEALTH FOUNDATION FAIRFAX, VA | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $1,000 |
| CITY KIDS WILDERNESS PROJECT WASHINGTON, DC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
| COMMUNITY OF HOPE WASHINGTON, DC | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
| KEEWAYDIN FOUNDATION SALISBURY, VT | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES K NULSEN III | DIRECTOR, PRES & TREASURER | 1 | — |
| JOANN K NULSEN | DIRECTOR, V PRES & SECY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nulsen Family Foundation Inc?
Nulsen Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BETHESDA, MD. It holds $735K in total assets as of 2024.
How large is Nulsen Family Foundation Inc?
As of 2024, Nulsen Family Foundation Inc holds $735K in total assets with $257K in annual revenue. It awarded 15 grants totaling $214K in 2024.
Where does Nulsen Family Foundation Inc operate?
Nulsen Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Utah, Virginia, Vermont.
What size grants does Nulsen Family Foundation Inc award?
In 2024, Nulsen Family Foundation Inc awarded 15 grants totaling $214K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Nulsen Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nulsen Family Foundation Inc reported a distributable amount of $188K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nulsen Family Foundation Inc's EIN?
Nulsen Family Foundation Inc's EIN (Employer Identification Number) is 20-0448228. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nulsen Family Foundation Inc'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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