HENRY T NICHOLAS III FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HENRY T NICHOLAS III FOUNDATION (EIN 20-7201390)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202523149349102572
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T17:32:16-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 S GRAND AVE SUITE 2000 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 207201390 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY T NICHOLAS III FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NICH | BusinessNameControlTxt |
| Phone | 9494484300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ENTERPRISE 550 | AddressLine1Txt |
| City | ALISO VIEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92656 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HENRY T NICHOLAS III | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9494484300 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEXANDER ARONSOHN | PreparerPersonNm |
| PTIN | P02017240 | PTIN |
| Phone | 2135932300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $589,072,334 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3,667 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,667 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,557,200 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,557,200 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,873,693 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,930,609 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,873,693 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,575 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,575 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,444,135 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,444,135 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $48,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $24,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $24,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $3,945,458 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,557 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $400 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,059 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26,059 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,020,017 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $51,866 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $24,650 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,495,907 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,495,907 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,515,924 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $51,866 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,520,557 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,071,789 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,392,269 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $2,629,163 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,503,108 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,503,108 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $309,414,253 | CorporateStockBOYAmt |
| Corporate Stock EOY | $585,565,000 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $585,565,000 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,967 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,943 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,226 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,226 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $312,050,328 | TotalAssetsBOYAmt |
| Total Assets EOY | $589,072,334 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $589,072,334 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,395,488 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $8,054,240 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,395,488 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,054,240 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $15,882,010 | CapitalStockBOYAmt |
| Capital Stock EOY | $15,882,010 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $291,772,830 | RetainedEarningBOYAmt |
| Retained Earning EOY | $565,136,084 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $307,654,840 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $581,018,094 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $312,050,328 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $589,072,334 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $307,654,840 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,071,789 | ExcessRevenueOverExpensesAmt |
| Other Increases | $276,435,553 | OtherIncreasesAmt |
| Subtotal | $581,018,604 | SubtotalAmt |
| Other Decreases | $510 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $581,018,094 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $2,929,057 | $56,916 | $2,872,141 | $2,872,141 | |||
| RCP FUND IV, LP - GAIN/LOSS FROM DISPOSITION | $1,552 | $1,552 | $1,552 | P | 2006-01-01 | 2024-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,873,693 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $102,753 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $102,753 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $102,753 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $88,557 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $105,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $193,557 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $572 | EsPenaltyAmt |
| Overpayment | $90,232 | OverpaymentAmt |
| Applied To ES Tax | $90,232 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | GOSHA ZANDT | IndividualWithBooksNm |
| Phone | 9494484300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ENTERPRISE SUITE 550 | AddressLine1Txt |
| City | ALISO VIEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92656 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HENRY T NICHOLAS III | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ENTERPRISE SUITE 550 | AddressLine1Txt |
| City | ALISO VIEJO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92656 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 3.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $423,026,546 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,992,849 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $426,019,395 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $426,019,395 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,390,291 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $419,629,104 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $20,981,455 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $20,981,455 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $102,753 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $102,753 | TotalTaxAmt |
| Distributable Before Adj | $20,878,702 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $20,878,702 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $20,878,702 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,520,557 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,520,557 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $20,878,702 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,126,928 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,520,557 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,126,928 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,393,629 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $17,485,073 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HENRY T NICHOLAS III | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY T NICHOLAS EDUCATIONAL FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 W 4TH STREET 1ST FLOOR | AddressLine1Txt |
| City | SANTA ANA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | POF | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | YOUTH EDUCATION PROGRAMS ADVANCING STUDENT ACADEMICS | GrantOrContributionPurposeTxt |
| Amt | $6,495,907 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,495,907 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,667 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,557,200 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,873,693 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER MISCELLANEOUS INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,575 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,444,135 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,444,135 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX COMPLIANCE FEES | CategoryTxt |
| Amt | $48,500 | Amt |
| Net Investment Income | $24,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $24,250 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt |
|---|---|---|---|---|---|---|---|---|---|
| HENRY T NICHOLAS EDUCATION FOUNDATION INC | |||||||||
| 412 W 4TH STREET | SANTA ANA | CA | 92701 | 2023-12-31 | $7,212,781 | (A) WORK STUDY AWARDS FOR STUDENTS(B) TO ASSIST STUDENTS TO DEVELOP THE NECESSARY ACADEMIC SKILLS THAT INCREASE THE QUALITY OF THEIR ACADEMIC PERFORMANCE WITH THE NICHOLAS ACADEMIC CENTER I AND NICHOLAS ACADEMIC CENTER II | $7,212,781 | NONE | 10/26/23 |
| HENRY T NICHOLAS EDUCATION FOUNDATION INC | |||||||||
| 412 W 4TH STREET | SANTA ANA | CA | 92701 | 2024-12-31 | $6,495,907 | (A) WORK STUDY AWARDS FOR STUDENTS(B) TO ASSIST STUDENTS TO DEVELOP THE NECESSARY ACADEMIC SKILLS THAT INCREASE THE QUALITY OF THEIR ACADEMIC PERFORMANCE WITH THE NICHOLAS ACADEMIC CENTER I AND NICHOLAS ACADEMIC CENTER II | $3,968,268 | NONE | 10/21/24 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF PART VI-B; QUESTIONS 1A(3) | FormAndLineReferenceDesc |
| Medium Explanation | PURSUANT TO I.R.C. SECTION 4941(D)(2)(C) THE FURNISHING OF GOODS, SERVICES, OR FACILITIES BY A DISQUALIFIED PERSON TO A PRIVATE FOUNDATION IS NOT AN ACT OF SELF-DEALING SINCE THE FURNISHING IS WITHOUT CHARGE AND THE GOODS, SERVICES, OR FACILITIES SO FURNISHED ARE USED BY THE FOUNDATION EXCLUSIVELY FOR PURPOSES SPECIFIED IN SECTION 501(C)(3). | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (85 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORTHERN TRUST #2690549 - BROADCOM INC (AVGO | $387,520,560 | $387,520,560 |
| ABBOTT LABORATORIES (ABT) | $116,051 | $116,051 |
| ABBVIE INC (ABBV) | $760,023 | $760,023 |
| ADIENT PLC (ADNT) | $4,669 | $4,669 |
| AMERIPRISE FINANCIAL INC (AMP) | $143,224 | $143,224 |
| AMGEN INC (AMGN) | $2,292,068 | $2,292,068 |
| ARTHUR J GALLAGHER & CO (AJG) | $2,840,203 | $2,840,203 |
| AUTOZONE INC (AZO) | $46,461,020 | $46,461,020 |
| AVANOS MED INC (AVNS) | $6,193 | $6,193 |
| BANK OF HAWAII CORP (BOH) | $391,749 | $391,749 |
| BAXTER INTERNATIONAL INNC (BAX) | $81,386 | $81,386 |
| BP PLC SPONS ADR (BP) | $179,725 | $179,725 |
| BROADCOM INC (AVGO) | $2,693,981 | $2,693,981 |
| CADENCE DESIGN SYSTEMS INC (CDNS) | $2,468,279 | $2,468,279 |
| CAPITAL ONE FINANCIAL CORP (COF) | $2,208,672 | $2,208,672 |
| CASEYS GENL STORES INC (CASY) | $161,662 | $161,662 |
| CHAMPIONS CORP (CHX) | $46,848 | $46,848 |
| CHEMOURS CO (CC) | $10,427 | $10,427 |
| CIGNA CORP NEW (CI) | $14,359 | $14,359 |
| CISCO SYSTEMS INC (CSCO) | $196,011 | $196,011 |
| CONOCOPHILLIPS (COP) | $371,590 | $371,590 |
| CORTEVA INC (CTVA) | $75,187 | $75,187 |
| DANAHER CORP (DHR) | $1,972,064 | $1,972,064 |
| DELL TECHNOLOGIES INC CL C (DELL) | $523,074 | $523,074 |
| DISCOVER FINANCIAL (DFS) | $1,160,641 | $1,160,641 |
| DOVER CORP COMMON (DOV) | $646,470 | $646,470 |
| DOW INC (DOW) | $52,972 | $52,972 |
| DUPONT DE NEMOURS INC (DD) | $100,650 | $100,650 |
| EBAY INC (EBAY) | $359,991 | $359,991 |
| ELECTRONIC ARTS INC (EA) | $1,065,357 | $1,065,357 |
| ELI LILLY & CO (LLY) | $550,436 | $550,436 |
| EQUIFAX INC (EFX) | $666,178 | $666,178 |
| EXPEDIA INC (EXPE) | $2,085,033 | $2,085,033 |
| EXXON MOBIL CORP (XOM) | $481,053 | $481,053 |
| FORTIVE CORP (FTV) | $322,125 | $322,125 |
| FRANKLIN RESOURCES INC (BEN) | $304,228 | $304,228 |
| GE AEROSPACE NEW (GE) | $900,499 | $900,499 |
| GE HEALTHCARE TECHS INC (GEHC) | $140,646 | $140,646 |
| GE VERNOVA LLC (GEV) | $443,727 | $443,727 |
| GENL DYNAMICS CORP (GD) | $827,359 | $827,359 |
| GOLDMAN SACHS GROUP INC (GS) | $2,361,485 | $2,361,485 |
| GOPRO INC (GPRO) | $12,470 | $12,470 |
| GROUPON INC NEW (GRPN) | $6,597 | $6,597 |
| INFINERA CORPORATION (INFN) | $2,547,288 | $2,547,288 |
| JOHNSON CTLS INTL PLC (JCI) | $214,532 | $214,532 |
| KIMBERLY-CLARK CORP (KMB) | $407,796 | $407,796 |
| KNOWLES CORP (KN) | $34,339 | $34,339 |
| LOWES COMPANIES INC (LOW) | $2,360,889 | $2,360,889 |
| MARRIOT VACATIONS WORLDWIDE CORP (VAC) | $234,558 | $234,558 |
| MARVELL TECHNOLOGY INC (MRVL) | $3,835,487 | $3,835,487 |
| MCDONALDS CORP (MCD) | $702,403 | $702,403 |
| MEDTRONIC PLC (MDT) | $21,568 | $21,568 |
| MEITUAN DIANPING USP CL B ORD SHS (MPNGF) | $4,136,098 | $4,136,098 |
| META PLATFORMS INC CLASS A (META) | $269,335 | $269,335 |
| MICROCHIP TECHNOLOGY INC (MCHP) | $176,065 | $176,065 |
| MICROSOFT CORP (MSFT) | $2,635,640 | $2,635,640 |
| MORGAN STANLEY & CO (MS) | $880,669 | $880,669 |
| NEKTAR THERAPEUTICS NEW (NKTR) | $135 | $135 |
| NETAPP INC (NTAP) | $2,175,223 | $2,175,223 |
| NVENT ELECTRIC PLC (NVT) | $46,553 | $46,553 |
| NVIDIA CORP (NVDA) | $87,191,811 | $87,191,811 |
| O'REILLY AUTOMOTIVE INC (ORLY) | $270,362 | $270,362 |
| ORACLE CORPORATION (ORCL) | $6,359,316 | $6,359,316 |
| PATTERSON-UTI ENERGY INC (PTEN) | $26,052 | $26,052 |
| PAYPAL HOLDINGS INC (PYPL) | $495,969 | $495,969 |
| PENTAIR PLC (PNR) | $68,737 | $68,737 |
| PHILIP MORRIS INTERNATIONAL INC (PM) | $36,827 | $36,827 |
| PHILLIPS 66 (PSX) | $213,391 | $213,391 |
| PROCTER & GAMBLE CO (PG) | $1,170,197 | $1,170,197 |
| SOCIETE GENERALE A (SCGLF) | $171,437 | $171,437 |
| SOLAREDGE TECHNOLOGIES INC (SEDG) | $88,944 | $88,944 |
| TAKE-TWO INTERACTIVE SOFTWARE INC CDT (TTWO) | $310,727 | $310,727 |
| THE CAMPBELL'S COMPANY (CPB) | $439,112 | $439,112 |
| TRAVELERS COS INC (TRV) | $1,554,704 | $1,554,704 |
| TRUIST FINL CORP (TFC) | $365,563 | $365,563 |
| UNITED PARCEL SERCIVE-B (UPS) | $429,244 | $429,244 |
| UNITEDHEALTH GROUP INC (UNH) | $239,271 | $239,271 |
| VERALTO CORPORATION (VLTO) | $291,596 | $291,596 |
| VERIZON COMMUNICATIONS COM (VZ) | $142,644 | $142,644 |
| VIPSHOP HOLDINGS LTD SPONSERED ADR (VIPS) | $233,731 | $233,731 |
| VONTIER CORP (VNT) | $62,655 | $62,655 |
| WABTEC (WAB) | $43,985 | $43,985 |
| WORKDAY INC CLASS A (WDAY) | $230,679 | $230,679 |
| YEXT INC (YEXT) | $322,598 | $322,598 |
| ZIONS BANCORP (ZION) | $99,928 | $99,928 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RECEIVABLE | Desc |
| BOY Book Value | $3,943 | BOYBookValueAmt |
| EOY Book Value | $4,226 | EOYBookValueAmt |
| EOYFMV | $4,226 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX DIFFERENCES | Desc |
| Amt | $510 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT CUSTODY FEES | $25,243 | $25,243 | $0 |
| BANK CHARGES | $816 | $816 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $9,575 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $9,575 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $9,575 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN/LOSS | $276,207,662 |
| PRIOR PERIOD ADJUSTMENTS | $227,891 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED EXCISE TAX PAYABLE | $4,200,567 | $8,039,830 |
| EXCISE TAX PAYABLE | $194,921 | $14,410 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DEFERRED FEDERAL EXCISE TAX | $3,838,454 | $0 | $0 |
| FOREIGN TAXES | $1,557 | $1,557 | $0 |
| PROVISION FOR FEDERAL EXCISE TAX | $105,047 | $0 | $0 |
| STATE ANNUAL REGISTRATION FEE | $400 | $0 | $400 |