The Richard and Barbara Nelson
The Richard and Barbara Nelson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $793K in total assets. In 2024, it awarded 13 grants totaling $57K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$793K
-4.0% YoY
Annual Giving
$57K
+42.5% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$4K
-1.3% YoY
Under IRS private-foundation payout rules, The Richard and Barbara Nelson reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About The Richard and Barbara Nelson
Based on IRS filings
The Richard and Barbara Nelson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $793K in total assets. In 2024, it awarded 13 grants totaling $57K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $793,194 | $826,303 | $842,664 |
| Revenue | $40,808 | $32,142 | $24,451 |
| Expenses | $73,395 | $49,331 | $48,084 |
| Qualifying Distributions | $59,860 | $40,000 | $37,500 |
| Net Investment Income | $27,273 | $22,811 | $17,169 |
| Distributable Amount | $57,342 | $51,057 | $52,535 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jersey Shore University Medical Center ($15,000), Sisters Academy ($15,000), Make a Wish Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EXPAND ED SCHOOLS NEW YORK, NY | SUPPORT OF COMMUNITY | $3,000 |
| FULFILL NJ NEPTUNE, NJ | SUPPORT OF COMMUNITY | $2,000 |
| GOODWILL FIRE COMPANY SPRING LAKE, NJ | SUPPORT OF COMMUNITY | $500 |
| HOME FRONT LAWRENCEVILLE, NJ | SUPPORT OF COMMUNITY | $3,000 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | SUPPORT OF COMMUNITY | $500 |
| JERSEY SHORE UNIVERSITY MEDICAL CENTER NEPTUNE CITY, NJ | SUPPORT OF COMMUNITY | $15,000 |
| LIGHTHOUSE GUILD NEW YORK, NY | SUPPORT OF COMMUNITY | $3,000 |
| MAKE A WISH FOUNDATION MONROE TOWNSHIP, NJ | MAKE WISHES COME TRUE FOR KIDS WITH LIFE-THREATENING MEDICAL CONDITIONS | $5,000 |
| SISTERS ACADEMY ASBURY PARK, NJ | SUPPORT OF COMMUNITY | $15,000 |
| SPRING LAKE FIRE CO SPRING LAKE, NJ | SUPPORT OF COMMUNITY | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA NELSON | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Richard and Barbara Nelson?
The Richard and Barbara Nelson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. It holds $793K in total assets as of 2024.
How large is The Richard and Barbara Nelson?
As of 2024, The Richard and Barbara Nelson holds $793K in total assets with $41K in annual revenue. It awarded 13 grants totaling $57K in 2024.
Where does The Richard and Barbara Nelson operate?
The Richard and Barbara Nelson has awarded grants in Colorado, New Jersey, New York.
What size grants does The Richard and Barbara Nelson award?
In 2024, The Richard and Barbara Nelson awarded 13 grants totaling $57K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Richard and Barbara Nelson required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard and Barbara Nelson reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard and Barbara Nelson's EIN?
The Richard and Barbara Nelson's EIN (Employer Identification Number) is 37-6547620. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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