The Nickel Foundation

NEW YORK, NY EIN: 06-1563331

The Nickel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $243K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$243K

+74.9% YoY

Grant Count

1

-87.5% YoY

Avg Grant Size

$243K

+1298.8% YoY

Under IRS private-foundation payout rules, The Nickel Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About The Nickel Foundation

Based on IRS filings

The Nickel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $243K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AlexandriaAnn ArborAvonBethlehemBostonBrooklynHarrisonLeaonardoNew HavenNew YorkNewarkNewtownNorwalkOlympiaPortlandRedwoord CitySand JoseSouthportWashingtonWilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$134K$201K$268K2021202220232024
Metric202420232022
Total Assets$189,352$272,441
Revenue$58,787$36,385
Expenses$243,336$141,876$161,661
Qualifying Distributions$243,336$139,164$155,653
Net Investment Income$58,787$36,385
Distributable Amount$5,864$13,797$21,311

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$122K$183K$243K15 grants202118 grants20228 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

BANK OF AMERICA$243K

Grant Size Distribution

42 grants across all recorded years

39<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bank of America ($243,336).

RecipientPurposeAmount
BANK OF AMERICA BOSTON, MATRANSFERRED ASSETS TO DONOR ADVISED FUND$243,336

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANA NICKELTRUSTEE5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Nickel Foundation?

The Nickel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds — in total assets as of 2024.

Where does The Nickel Foundation operate?

The Nickel Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Massachusetts, Michigan, New Jersey, New York, Oregon, Pennsylvania, Virginia, Washington.

What size grants does The Nickel Foundation award?

In 2024, The Nickel Foundation awarded 1 grants totaling $243K — an average of about $243K per grant, based on its IRS Form 990 filings.

How much is The Nickel Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nickel Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Nickel Foundation's EIN?

The Nickel Foundation's EIN (Employer Identification Number) is 06-1563331. IRS Form 990 filing data is available on this page for 2021–2024.

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

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