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The Nicholson Foundation

Profile

Last Updated: 2016-06-04

At A Glance

The Nicholson Foundation

60 Park Pl., 19th Fl.

Newark, NJ United States 07102-5567

Telephone: (973) 242-6237

URL: www.thenicholsonfoundation-newjersey.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $83,805,061

Total giving: $6,933,404

EIN

222344110

BRIDGE Number

6064887868

Background

Established in 1980 in NJ - The foundation was established by the late William B. and the late Marion G. Nicholson. It became active in 2002, in part because of a bequest to the Foundation from their daughter Martha Leigh. The foundation’s geographic focus reflects the Nicholsons’ special interest in New Jersey, where they lived for more than fifty years.

Purpose and Activities

Giving primarily to address the complex needs of vulnerable populations in New Jersey's urban areas by encouraging the reform of health and human services delivery systems.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Early Childhood Programs

Positive early childhood experiences can occur in a variety of settings outside the home, including formal preschool centers, family child care homes, and community enrichment centers. A growing body of evidence demonstrates that children who participate in high-quality early childhood programs experience a range of benefits that directly and indirectly influence their health and well-being in the short- and long term. Children who live with poverty, family stress, language barriers, and other risk factors benefit most from high-quality early childhood education and community supports. More specifically, studies have demonstrated that early experiences affect brain development. Participation in quality early childhood programs not only can have impacts throughout the lifecycle, including adolescence and adulthood, but that the benefits can encompass a wide range of outcomes. These include higher educational achievement, higher employment and earnings, fewer arrests and incarcerations, lower rates of teen pregnancy, and decreased risk for heart disease and diabetes. - See more at: https://thenicholsonfoundation.org/what-we-do/early-childhood-programs#sthash.IbUZ6cjC.dpuf.

Fields of Interest

Subjects
  • Community and economic development
  • Education
  • Higher education
  • Human services
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $83,805,061 (market value)

Gifts received: $26,650,476

Expenditures: $11,564,498

Total giving: $6,933,404

Qualifying distributions: $10,952,698