The Nichols Foundation Inc

BELCAMP, MD EIN: 30-0032234

The Nichols Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELCAMP, MD. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $33K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$33K

Grant Count

2

Avg Grant Size

$17K

About The Nichols Foundation Inc

Based on IRS filings

The Nichols Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELCAMP, MD. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $33K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BelcampOcean City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K2020202120222023
Metric202320222021
Total Assets$35,119$869
Revenue$35,000$1,000
Expenses$35,119$750$250
Qualifying Distributions$33,499
Net Investment Income
Distributable Amount$1,467$79$7

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$17K$25K$33K0 grants20200 grants20210 grants20222 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

ELAINE G NICHOLS FOUNDAT…$33KART LEAGUE OF OCEAN CITY$500

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
RAYMOND C NICHOLSPRESIDENT/DIRECTOR0.25
R CHARLES NICHOLSVICE PRESIDENT/DIRECTOR0.25
S MICHELLE NICHOLS-NEFFSECRETARY/TREASURER/DIRECT0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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