Nulsen Family Foundation Inc

BETHESDA, MD EIN: 20-0448228

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AlexandriaBabson ParkBerryvilleBethesdaBostonBoyceDoylestownFairfaxGaithersburgKensingtonMarionMillwoodNberryvilleNew YorkNewportOrlandoPotomacRestonSalisburySevern

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$169K$337K$506K$675K20202021202220232024
Metric202420232022
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

$0$134K$268K$402K$537K14 grants20207 grants202112 grants202210 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BABSON COLLEGE$120KNEW COMMUNITY FOUNDATION$25KEPISCOPAL HIGH SCHOOL$15KKEEWAYDIN FOUNDATION$15KCITY KIDS WILDERNESS PRO…$10KCOMMUNITY OF HOPE$10KWASATCH ADAPTIVE SPORTS$5KLOOMIS CHAFFEE ANNUAL FUND$3KBULLIS SCHOOL$3KST ALBANS SCHOOL$3K

Grant Size Distribution

58 grants across all recorded years

52<$50K$50–100K2$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES K NULSEN IIIDIRECTOR, PRES & TREASURER1
JOANN K NULSENDIRECTOR, V PRES & SECY1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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