The Nyheim Family Foundation

PHILADELPHIA, PA EIN: 82-5218002

The Nyheim Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $488K in total assets. In 2024, it awarded 3 grants totaling $21K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$488K

-2.7% YoY

Annual Giving

$21K

-6.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-6.7% YoY

Under IRS private-foundation payout rules, The Nyheim Family Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About The Nyheim Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $44K (45%)

California $27K (28%)

Florida $10K (10%)

Illinois $9K (9%)

Iowa $4K (4%)

New York $4K (4%)

States

California Florida Iowa Illinois New York Pennsylvania

Cities

BooneBryn MawrHinsdaleNew YorkOaklandPhiladelphiaWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$488,066	$501,577	$558,044
Revenue	$22,233	$-14,659	$27,427
Expenses	$35,774	$41,842	$27,845
Qualifying Distributions	$25,901	$34,339	$17,710
Net Investment Income	$12,360	$702	$19,842
Distributable Amount	$22,806	$21,370	$22,823

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Curtis Institute of Music ($7,000), East Bay Consortium of Educational Institutions Inc ($7,000), Play on Philly ($7,000).

Recipient	Purpose	Amount
CURTIS INSTITUTE OF MUSIC PHILADELPHIA, PA	PERFORMANCES AND/OR STUDENT HEALTH AND WELLNESS	$7,000
EAST BAY CONSORTIUM OF EDUCATIONAL INSTITUTIONS INC OAKLAND, CA	FOR USE BY FREEMONT HIGH SCHOOL	$7,000
PLAY ON PHILLY PHILADELPHIA, PA	GENERAL FUND	$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS NYHEIM	DIRECTOR, PRESIDENT	0.1	—
CHRISTOPHER NYHEIM	DIRECTOR	0.1	—
GEOFFREY NYHEIM	DIRECTOR	0.1	—
HEIKE K SULLIVAN	DIRECTOR, V.P., SECRETARY, TREASURER	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Nyheim Family Foundation?

The Nyheim Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $488K in total assets as of 2024.

How large is The Nyheim Family Foundation?

As of 2024, The Nyheim Family Foundation holds $488K in total assets with $22K in annual revenue. It awarded 3 grants totaling $21K in 2024.

Where does The Nyheim Family Foundation operate?

The Nyheim Family Foundation has awarded grants in California, Florida, Iowa, Illinois, New York, Pennsylvania.

What size grants does The Nyheim Family Foundation award?

In 2024, The Nyheim Family Foundation awarded 3 grants totaling $21K — an average of about $7K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nyheim Family Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.