The Nichols Trust

HOLLIS, NH EIN: 04-6026880

The Nichols Trust is a private foundation located in Hollis, New Hampshire. Established in 1959, it operates as a 501(c)(3) tax-exempt organization with no paid staff. The foundation's primary purpose is accomplished through investment income, which funds its grantmaking activities.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

-2.1% YoY

Annual Giving

$74K

+1.0% YoY

Grant Count

-11.1% YoY

Avg Grant Size

$2K

+13.7% YoY

Under IRS private-foundation payout rules, The Nichols Trust reported a distributable amount of $78K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports authorized 501(c)(3) charitable organizations. Investment income serves as the primary means by which the trust accomplishes its charitable purpose.

Grantmaking

The foundation made 32 grants in its most recent fiscal year (ending April 2025), with a median grant size of $375 and a range from $100 to $14,000.

Grant Range

of $375 and a range from $100 to $14,000.

Review Cycle

** None specified

How to Apply

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $254K (63%)

New Hampshire $96K (24%)

Georgia $50K (12%)

Vermont $5K (1%)

Virginia $1K (0%)

New York $500 (0%)

States

Georgia Massachusetts New Hampshire New York Virginia Vermont

Cities

BerryBostonBrightonBrooklynCanterburyChestnut HillColchesterConcordDurhamDuxburyFitchburgFraminghamGrotonHancockHollisJamaica PlainManometMerrimackNashuaNew Boston

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending April 2025:

Total Assets: $1,495,545
Total Revenues: $66,984
Total Expenses: $93,480
Total Liabilities: $0
Number of Employees: 0

As of Fiscal Year Ending April 2024:

Total Assets: $1,530,000
Total Revenues: $64,900
Total Expenses: $89,100

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,495,545	$1,528,134	$1,558,127
Revenue	$66,984	$64,944	$48,189
Expenses	$93,480	$89,088	$95,750
Qualifying Distributions	$80,695	$73,337	$79,837
Net Investment Income	$54,484	$49,944	$33,189
Distributable Amount	$78,117	$74,865	$77,658

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 2025

Grant Size Distribution

163 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Beaver Brook Association ($13,500), Boston University's Wheelock College of Education & Human Development ($12,000), Berry College ($10,000).

Recipient	Purpose	Amount
AMERICAN RED CROSS CONCORD, NH	ANNUAL FUND/GENERAL	$250
APPLEWILD SCHOOL FITCHBURG, MA	ANNUAL FUND/GENERAL	$2,850
ARNOLD ARBORETUM JAMAICA PLAIN, MA	ANNUAL FUND/GENERAL	$100
BEAVER BROOK ASSOCIATION HOLLIS, NH	ANNUAL FUND/GENERAL	$13,500
BERRY COLLEGE BERRY, GA	ANNUAL FUND/SCHOLARSHIP	$10,000
BETH ISRAEL DEACONESS HOSPITAL PLYMOUTH, MA	ANNUAL FUND/GENERAL	$1,000
BOSTON UNIVERSITY'S WHEELOCK COLLEGE OF EDUCATION & HUMAN DEVELOPMENT BOSTON, MA	ANNUAL FUND/GENERAL	$12,000
BRIGHAM & WOMEN'S FAULKNER HOSPITAL BOSTON, MA	ANNUAL FUND/GENERAL	$500
BRIMMER & MAY SCHOOL CHESTNUT HILL, MA	ANNUAL FUND/SCHOLARSHIP	$10,000
BROOKLYN BOTANIC GARDEN BROOKLYN, NY	ANNUAL FUND/GENERAL	$100

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by four trustees:

Richard R Husk (Trustee) — 8 hours/week, no compensation
Frances F Nichols (Trustee) — 0.5 hours/week, no compensation
Charles J Husk (Trustee) — 0.5 hours/week, no compensation
Monique M Graves (Trustee) — 0.5 hours/week, no compensation

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
FRANCES F NICHOLS	TRUSTEE	0.5	—
RICHARD R HUSK	TRUSTEE	8	—
CHARLES J HUSK	TRUSTEE	0.5	—
MONIQUE M GRAVES	TRUSTEE	0.5	—

Frequently Asked Questions

What does The Nichols Trust fund?

The foundation supports authorized 501(c)(3) charitable organizations. Investment income serves as the primary means by which the trust accomplishes its charitable purpose.

How do I apply for a grant from The Nichols Trust?

**Grant Activity:** The foundation made 32 grants in its most recent fiscal year (ending April 2025), with a median grant size of $375 and a range from $100 to $14,000. **Recent Grants (FY 2025):** • Beaver Brook Association: $13,500 (Annual Fund/general support) • Berry College: $10,000 (Annual Fund/scholarship) • Brimmer and May School: $10,000 (Annual Fund/scholarship) **Application Process:** • **Eligibility:** Letters from authorized 501(c)(3) charities • **Deadlines:** None specified • **…

What size grants does The Nichols Trust award?

In 2025, The Nichols Trust awarded 32 grants totaling $74K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Nichols Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Nichols Trust reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.