The Frank & Eileen Nugent

Foundation · Grantmaker NORTH PALM BEACH, FL EIN: 20-3999425

The Frank & Eileen Nugent is a private foundation focused on Human Services, based in NORTH PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 12 grants totaling $226K. Net investment income was $193K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

-1.1% YoY

Annual Giving

$226K

-10.5% YoY

Grant Count

12

+20.0% YoY

Avg Grant Size

$19K

-25.4% YoY

Under IRS private-foundation payout rules, The Frank & Eileen Nugent reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.

About The Frank & Eileen Nugent

Based on IRS filings

The Frank & Eileen Nugent is a private foundation focused on Human Services, based in NORTH PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 12 grants totaling $226K. Net investment income was $193K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AbseconAlexandriaAtlantic CityCape May Court HouseEgg Harbor TownshipGallowayMemphisNorfolkNorthfieldOcean CityStaten IslandVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$151K$301K$452K$602K20202021202220232024
Metric202420232022
Total Assets$4,377,041$4,424,012$4,159,440
Revenue$226,955$547,506$186,934
Expenses$267,610$288,835$305,243
Qualifying Distributions$226,200$252,600$272,000
Net Investment Income$193,073$518,509$155,924
Distributable Amount$251,887$226,294$252,368

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$204K$272K7 grants20207 grants20217 grants202210 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERCY MEDICAL ANGELS$45KSTOCKTON UNIVERSITY FOUN…$38KFELLOWSHIP OF CHRISTIAN …$38KHOLY SPIRIT HIGH SCHOOL$30KTOM FABIETTI SCHOLARSHIP…$18KTUNNEL TO TOWERS$11KCAROL E HIGBEE SCHOLARSH…$10KVOLUNTERS IN MEDICINE OF…$10KNORTHFIELD MOTHERS LEAGUE$10KST JUDE CHILDRENS HOSPITAL$8K

Grant Size Distribution

43 grants across all recorded years

38<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mercy Medical Angels ($45,000), Stockton University Foundation ($38,400), Fellowship of Christian Athletes ($37,700).

RecipientPurposeAmount
CAROL E HIGBEE SCHOLARSHIP FOUNDATION ATLANTIC CITY, NJPROVIDE SCHOLARSHIPS TO STUDENTS AT EGG HARBOR TOWNSHIP HIGH SCHOOL.$10,000
FELLOWSHIP OF CHRISTIAN ATHLETES OCEAN CITY, NJPROVIDE CHRISTIAN ATHLETES WITH SPIRITUAL AND LEADERSHIP TRAINING$37,700
HOLY SPIRIT HIGH SCHOOL ABSECON, NJPROVIDE EDUCATIONAL ASSISTANCE TO STUDENTS OF THE SCHOOL.$30,000
ST JUDE CHILDRENS HOSPITAL MEMPHIS, TNCANCER RESEARCH$7,700
STOCKTON UNIVERSITY FOUNDATION GALLOWAY, NJPROVIDE EDUCATIONAL ASSISTANCE TO STUDENTS OF THE SCHOOL$38,400
TOM FABIETTI SCHOLARSHIP FOUNDATION EGG HARBOR TOWNSHIP, NJPROVIDE SCHOLARSHIPS TO STUDENTS AT ST. AUGUSTINE PREP HIGH SCHOOL.$17,700
TUNNEL TO TOWERS STATEN ISLAND, NYASSIST VETERANS IN OBTAINING MORTGAGE-FREE HOMES$10,700
VETERANS FISHING ADVENTURE ALEXANDRIA, VATO PROVIDE VETERANS AND THEIR FAMILIES WITH FISHING AND BOATING TRIPS$5,000
VOLUNTERS IN MEDICINE OF CAPE MAY COUNTY CAPE MAY COURT HOUSE, NJASSIST SOCIALLY AND ECONOMICALLY DISADVANTAGED FAMILIES$10,000
ATLANTIC COUNTY COLLABORATIVE NORTHFIELD, NJPROVIDE EDUCATIONAL ASSISTANCE TO STUDENTS OF ATLANTIC COUNTY$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROL NUGENT-HARRISPRESIDENT, TRUSTEE10
JANET M NOVEYSECRETARY/TREASURER, TRUST10
RICHARD P NUGENTTRUSTEE10
MICHAEL NUGENTTRUSTEE10
WILLIAM E NUGENTTRUSTEE10
THOMAS F NUGENTTRUSTEE10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Frank & Eileen Nugent?

The Frank & Eileen Nugent is a private foundation focused on Human Services, based in NORTH PALM BEACH, FL. It holds $4.4M in total assets as of 2024.

How large is The Frank & Eileen Nugent?

As of 2024, The Frank & Eileen Nugent holds $4.4M in total assets with $227K in annual revenue. It awarded 12 grants totaling $226K in 2024.

Where does The Frank & Eileen Nugent operate?

The Frank & Eileen Nugent has awarded grants in New Jersey, New York, Tennessee, Virginia.

What size grants does The Frank & Eileen Nugent award?

In 2024, The Frank & Eileen Nugent awarded 12 grants totaling $226K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is The Frank & Eileen Nugent required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frank & Eileen Nugent reported a distributable amount of $252K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Frank & Eileen Nugent's EIN?

The Frank & Eileen Nugent's EIN (Employer Identification Number) is 20-3999425. 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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