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Filing year 2024

FRANCIS T & LOUIS T NICHOLS FOUNDATION

Bangor, Maine·EIN 01-0493311·NTEE T30J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.3M
Total assets
$20.8M
Total expenses
$2.9M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. FRANCIS T & LOUIS T NICHOLS FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.6M

Itemized grants

88

Median grant

$18k

RecipientLocationPurposeAmount
MAINE COMMUNITY FOUNDATIONELLSWORTH, MEDONATION$491k
VERMONT STUDENT ASSISTANCE CORPWINOOSKI, VTDONATION$100k
GEORGE STEVENS ACADEMYBLUE HILL, MEDONATION$90k
GREEN MOUNTAIN HABITAT FOR HUMANITYWILISTON, VTDONATION$85k
HANCOCK COUNTY HABITAT FOR HUMANITYELLSWORTH, MEDONATION$85k
MAINE CHILDREN'S HOMEWATERVILLE, MEDONATION$80k
LUND FAMILY CENTERBURLINGTON, VTDONATION$67k
PARTNERS FOR PEACESPRUCE RUNBANGOR, MEDONATION$65k
STEPS TO END DOMESTIC VIOLENCEBURLINGTON, VTDONATION$60k
COMMUNITY HEALTH CENTERSBURLINGTON, VTDONATION$55k
NORTHERN LIGHT HOMECARE & HOSPICEBANGOR, MEDONATION$55k
VERMONT COMMUNITY LOAN FUNDMONTPELIER, VTDONATION$50k
VERMONT CHILDREN'S TRUST FOUNDATIONBURLINGTON, VTDONATION$50k
PLANNED PARENTHOOD NEW ENGLANDCOLCHESTER, VTDONATION$50k
JOHN GRAHAM SHELTERVERGEENES, VTDONATION$49k
COMMUNITY HEALTH & COUNSELINGBANGOR, MEDONATION$45k
UNITED WAY OF EASTERN MAINEBANGOR, MEDONATION$41k
HUNGER FREE VERMONTSOUTH BURLINGTON, VTDONATION$40k
SPECTRUM YOUTH & FAMILY SERVICESBURLINGTON, VTDONATION$39k
BLUE HILL HERITAGE TRUSTBLUE HILL, MEDONATION$38k
NORTHERN LIGHTBLUE HILL, MEDONATION$38k
VERMONT FOOD BANKBARRE, VTDONATION$38k
AMERICAN RED CROSSPORTLAND, MEDONATION$35k
HOMESHARE VERMONTSOUTH BURLINGTON, VTDONATION$35k
PENINSULA AMBULANCE CORPSBLUE HILL, MEDONATION$30k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

FRANCIS T & LOUIS T NICHOLS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.1M
$2.4M
2023
$1.3M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maine

FRANCIS T & LOUIS T NICHOLS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maine earns a median of $12,000.

25th percentile
$4k
Median
$12,000
75th percentile
$38k
90th percentile
$119k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 194 organizations across 194 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maine
FAQ

Common questions about FRANCIS T & LOUIS T NICHOLS FOUNDATION

What are FRANCIS T & LOUIS T NICHOLS FOUNDATION's revenue and expenses?

In 2024, FRANCIS T & LOUIS T NICHOLS FOUNDATION reported $1.3M in total revenue and $2.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.