The Nichcolas Sulentic Foundation

Private foundation · Grantmaker Eagan, MN EIN: 42-6269706

The Nichcolas Sulentic Foundation is a private foundation, based in Eagan, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $293K in total assets. In 2025, it awarded 3 grants totaling $10K. Net investment income was $17K.

The Nichcolas Sulentic Foundation at a glance

In short: The Nichcolas Sulentic Foundation gave $10K across 3 grants in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$10,000
-73.8% vs 2024
Grants made (2025)
3
-25.0% vs 2024
Average grant
$3,333
-65.1% vs 2024
Median grant
$2,500
Total assets
$293,025
+2.0% vs 2024
Primary geography
Texas (50% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Nichcolas Sulentic Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

St Jude Catholic Church: $5KSt Jude Catholic Church$5KUrsuline Academy: $3KUrsuline Academy$3KGood Shepherd Episcopal School: $3KGood Shepherd Episcopal School$3K

The largest 2025 recipient was St Jude Catholic Church ($5K). Together the top 3 received $10K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

WaterlooDallasTequestaJupiter

How The Nichcolas Sulentic Foundation gives

  • Giving fell 60% from 2022 to 2025. Method
  • In 2025 it paid out 54% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K4 grants2019 4 grants2020 4 grants2021 3 grants2022 0 grants2023 4 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $10K (2025) to $38K (2024). In 2025 it made 3 grants totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Jude Catholic Church Tequesta, FLGeneral Operating$5,000
Ursuline Academy Dallas, TXGeneral Operating$2,500
Good Shepherd Episcopal School Dallas, TXGeneral Operating$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$293,025$20,440$14,668$10,0003$10,402$16,718$19,285
2024$287,255$29,922$44,014$38,1704$40,070$26,173$18,307
2023$301,349$17,307$5,753——$1,918$13,200$17,138
2022$289,794$16,684$32,470$25,0003$26,961$12,356$18,555
2021$305,582$48,281$27,533$21,5004—$44,158$20,544
2020$284,831$8,438$26,524$21,5004—$4,633$17,941
2019$302,916$16,424$24,985$19,1004—$12,586$18,322

Under IRS private-foundation payout rules, The Nichcolas Sulentic Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Nichcolas Sulentic Foundation's only listed officer is US Bank N A, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    New on the 2025 filing

    1 hr/week

    $4K (2025)

Former officers (1)
  • Former: U S Bank NA (2019–2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $4KUS Bank N aTrustee$4K

The highest reported compensation on the 2025 filing was $4K, to US Bank N a (Trustee).

Frequently asked questions about The Nichcolas Sulentic Foundation

How much does The Nichcolas Sulentic Foundation give each year?

The Nichcolas Sulentic Foundation gave $10K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 4 grants.

What is The Nichcolas Sulentic Foundation's typical grant size?

The Nichcolas Sulentic Foundation's median grant in 2025 was $2,500, and its average grant was $3,333, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Nichcolas Sulentic Foundation give grants?

The Nichcolas Sulentic Foundation gives mostly in Texas: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (50%). The most frequent recipient cities were Dallas, TX (2 grants).

Does The Nichcolas Sulentic Foundation give general operating support?

Yes: 100% of The Nichcolas Sulentic Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Nichcolas Sulentic Foundation?

The Nichcolas Sulentic Foundation reported $293K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Nichcolas Sulentic Foundation's EIN?

The Nichcolas Sulentic Foundation's EIN (Employer Identification Number) is 42-6269706. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 1, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 8, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 14, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 9, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Nichcolas Sulentic Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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