Robert L Nichols Jr Scholarship Fd is a private foundation focused on Education, based in ARLINGTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $780K in total assets. In 2024, it awarded 7 grants totaling $31K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$780K
+1.0% YoY
Annual Giving
$31K
+3.3% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$4K
-11.4% YoY
Under IRS private-foundation payout rules, Robert L Nichols Jr Scholarship Fd reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert L Nichols Jr Scholarship Fd
Based on IRS filings
Robert L Nichols Jr Scholarship Fd is a private foundation focused on Education, based in ARLINGTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $780K in total assets. In 2024, it awarded 7 grants totaling $31K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $780,252 | $772,526 | $785,081 |
| Revenue | $42,236 | $18,951 | $27,475 |
| Expenses | $34,509 | $31,505 | $40,593 |
| Qualifying Distributions | $31,000 | $30,920 | $35,658 |
| Net Investment Income | $32,727 | $27,979 | $26,329 |
| Distributable Amount | $39,820 | $37,380 | $38,740 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ahmad Nasser Rhodes ($6,000), Alexis Eva Nickole Lee ($6,000), Alijah James Stafford ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TERRELL TEXAS HIGH SCHOOL TERRELL, TX | LIBRARY DONATION | $1,000 |
| MEGAN LE HARRIS Broken Arrow, OK | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $4,000 |
| ETHAN DUNACUSKY Terrell, TX | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $4,000 |
| LITZY SARAHI MIRANDA TERRELL, TX | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $4,000 |
| AHMAD NASSER RHODES TERRELL, TX | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $6,000 |
| ALEXIS EVA NICKOLE LEE TERRELL, TX | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $6,000 |
| ALIJAH JAMES STAFFORD TERRELL, TX | QUESTIONAIRE AVAILABLE AT TERRELL TEXAS HS.AWARDED ANNUALLY TO GRADUATING SENIORSFROM TERRELL TEXAS HS. | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL NICHOLS PRESIDENT | TRUSTEE | — | — |
| GEORGEANNE WARNOCK SUPERINTENDENT | TRUSTEE | — | — |
| DAVID A LEWIS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Robert L Nichols Jr Scholarship Fd?
Robert L Nichols Jr Scholarship Fd is a private foundation focused on Education, based in ARLINGTON, TX. It holds $780K in total assets as of 2024.
How large is Robert L Nichols Jr Scholarship Fd?
As of 2024, Robert L Nichols Jr Scholarship Fd holds $780K in total assets with $42K in annual revenue. It awarded 7 grants totaling $31K in 2024.
Where does Robert L Nichols Jr Scholarship Fd operate?
Robert L Nichols Jr Scholarship Fd has awarded grants in Oklahoma, Texas.
What size grants does Robert L Nichols Jr Scholarship Fd award?
In 2024, Robert L Nichols Jr Scholarship Fd awarded 7 grants totaling $31K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Robert L Nichols Jr Scholarship Fd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert L Nichols Jr Scholarship Fd reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert L Nichols Jr Scholarship Fd's EIN?
Robert L Nichols Jr Scholarship Fd's EIN (Employer Identification Number) is 75-6081322. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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