The Nicholl Family Foundation Inc
The Nicholl Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SYKESVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.4M in total assets. In 2024, it awarded 14 grants totaling $1.3M. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.4M
+9.1% YoY
Annual Giving
$1.3M
+20.0% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$94K
+11.4% YoY
Under IRS private-foundation payout rules, The Nicholl Family Foundation Inc reported a distributable amount of $616K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nicholl Family Foundation Inc
Based on IRS filings
The Nicholl Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SYKESVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.4M in total assets. In 2024, it awarded 14 grants totaling $1.3M. Net investment income was $1.3M.
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 | $13,386,994 | $12,270,198 | $11,567,367 |
| Revenue | $2,386,982 | $1,865,749 | $1,484,527 |
| Expenses | $1,413,635 | $1,143,784 | $1,232,403 |
| Qualifying Distributions | $1,320,000 | $1,100,000 | $1,110,000 |
| Net Investment Income | $1,330,520 | $1,840,241 | $471,915 |
| Distributable Amount | $615,610 | $573,261 | $582,682 |
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
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include John Hopkins University ($750,000), The University of Maryland Baltimore Foundation Inc (umbf) ($200,000), Medstar Union Memorial Hospital ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP GLOW BALTIMORE, MD | DONATION | $10,000 |
| BRIDGING LIFECARROLL COUNTY HOSPICE WESTMINSTER, MD | DONATION | $10,000 |
| CHILDREN'S ROADS TO RECOVERY INC ATLANTA, GA | DONATION | $10,000 |
| FREE WHEELCHAIR MISSION IRVINE, CA | DONATION | $20,000 |
| HEALTHCARE FOR THE HOMELESS BALTIMORE, MD | DONATION | $25,000 |
| JOHN HOPKINS UNIVERSITY BALTIMORE, MD | DONATION | $750,000 |
| MEDSTAR UNION MEMORIAL HOSPITAL BALTIMORE, MD | DONATION | $100,000 |
| MOTHER SETON ACADEMY BALTIMORE, MD | DONATION | $100,000 |
| ST JUDE'S CHILDREN RESEARCH HOSPITAL MEMPHIS, TN | DONATION | $50,000 |
| THE CARTER CENTER ATLANTA, GA | DONATION | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERESA A NICHOLL | PRES/TREAS | 1 | — |
| PETER T NICHOLL | VP/SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nicholl Family Foundation Inc?
The Nicholl Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SYKESVILLE, MD. It holds $13.4M in total assets as of 2024.
How large is The Nicholl Family Foundation Inc?
As of 2024, The Nicholl Family Foundation Inc holds $13.4M in total assets with $2.4M in annual revenue. It awarded 14 grants totaling $1.3M in 2024.
Where does The Nicholl Family Foundation Inc operate?
The Nicholl Family Foundation Inc has awarded grants in California, Georgia, Maryland, Missouri, Tennessee.
What size grants does The Nicholl Family Foundation Inc award?
In 2024, The Nicholl Family Foundation Inc awarded 14 grants totaling $1.3M — an average of about $94K per grant, based on its IRS Form 990 filings.
How much is The Nicholl Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nicholl Family Foundation Inc reported a distributable amount of $616K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nicholl Family Foundation Inc's EIN?
The Nicholl Family Foundation Inc's EIN (Employer Identification Number) is 52-2347387. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Nicholl Family Foundation Inc'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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