The Nicholas Charitable Trust
The Nicholas Charitable Trust is a private foundation focused on Arts and culture, based in NORWICH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 20 grants totaling $106K. Net investment income was $117K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+0.3% YoY
Annual Giving
$106K
-4.5% YoY
Grant Count
20
+0.0% YoY
Avg Grant Size
$5K
-4.5% YoY
Under IRS private-foundation payout rules, The Nicholas Charitable Trust reported a distributable amount of $117K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nicholas Charitable Trust
Based on IRS filings
The Nicholas Charitable Trust is a private foundation focused on Arts and culture, based in NORWICH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 20 grants totaling $106K. Net investment income was $117K.
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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 | $1,881,723 | $1,875,439 | $1,879,250 |
| Revenue | $139,638 | $131,391 | $72,074 |
| Expenses | $133,282 | $134,996 | $152,554 |
| Qualifying Distributions | $108,763 | $113,618 | $127,666 |
| Net Investment Income | $117,343 | $109,127 | $50,255 |
| Distributable Amount | $116,655 | $108,421 | $114,234 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gloversville Theatre Corporation ($14,250), Fulton Cty Regional Chamber of Commerce ($14,250), Mountain Valley Hospice ($13,300).
| Recipient | Purpose | Amount |
|---|---|---|
| WESLEYAN CHURCH GLOVERSVILLE, NY | GENERAL OPERATING | $500 |
| ST JOHN'S EPISCOPAL CHURCH OF JOHNSTOWN JOHNSTOWN, NY | GENERAL OPERATING | $500 |
| JEHOVAS WITNESSES OF GLOVERSVILLE GLOVERSVILLE, NY | GENERAL OPERATING | $500 |
| CHURCH OF THE HOLY SPIRIT GLOVERSVILLE, NY | GENERAL OPERATING | $1,000 |
| MOUNTAIN VALLEY HOSPICE GLOVERSVILLE, NY | GENERAL SUPPORT | $13,300 |
| GLOVERSVILLE LIBRARY FOUNDATION INC GLOVERSVILLE, NY | GENERAL OPERATING | $13,300 |
| TRINITY EPISCOPAL CHURCH GLOVERSVILLE, NY | GENERAL OPERATING | $2,000 |
| SACRED HEART CHURCH GOUVERNEUR, NY | GENERAL OPERATING | $500 |
| FIRST PRESBYTERIAN CHURCH JOHNSONTOWN, NY | GENERAL OPERATING | $1,000 |
| GLOVERSVILLE BRANCH YMCA GLOVERSVILLE, NY | GENERAL SUPPORT | $13,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NBT BANK NA | TRUSTEE | 1 | $22,836 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nicholas Charitable Trust?
The Nicholas Charitable Trust is a private foundation focused on Arts and culture, based in NORWICH, NY. It holds $1.9M in total assets as of 2024.
How large is The Nicholas Charitable Trust?
As of 2024, The Nicholas Charitable Trust holds $1.9M in total assets with $140K in annual revenue. It awarded 20 grants totaling $106K in 2024.
Where does The Nicholas Charitable Trust operate?
The Nicholas Charitable Trust has awarded grants in New York, Utah.
What size grants does The Nicholas Charitable Trust award?
In 2024, The Nicholas Charitable Trust awarded 20 grants totaling $106K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Nicholas Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nicholas Charitable Trust reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nicholas Charitable Trust's EIN?
The Nicholas Charitable Trust's EIN (Employer Identification Number) is 14-6197843. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Nicholas Charitable Trust'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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