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Nonprofit · EIN 39-6589261

NICHOLAS FAM FOUNDATION TR

Also known as C-O LYNN SHARON NICHOLAS

Tax-exempt · MEQUON, WI 53092

Financials

$3.2M$3.5M2023$4.1M$3.5M2024$4.9M$4.1M2025
Revenue Expenses · by fiscal year end
Financials of NICHOLAS FAM FOUNDATION TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$4,912,553$4,101,298$811,255$51,656,462$1,950$51,654,512
December 31, 2024990-PF$4,058,375$3,535,164$523,211$50,860,597$17,340$50,843,257
December 31, 2023990-PF$3,188,940$3,527,873-$338,933$50,337,386$17,340$50,320,046
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$879,543
Interest
$5,051
Net gain from sales of assets
$4,098,964
Other income
-$71,005

Expenses

Grants and similar amounts paid
$3,880,000
Compensation of officers, directors and key employees
$120,000
Disbursements for charitable purposes
$3,970,426
Excise tax on investment income
$71,343

Balance sheet and other

Total assets, start of year
$50,860,597
Total assets, end of year
$51,656,462
Total liabilities, end of year
$1,950
Net assets, end of year
$51,654,512
Fair market value of assets
$81,076,251
Qualifying distributions
$3,970,426
Net investment income
$5,186,762

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LYNN S NICHOLAS
10309 N RIVER ROAD, MEQUON, WI 53092
PRESIDENT - TRUSTEE25$120,000
NANCY J NICHOLAS
6002 N HIGHWAY 83, CHENEQUA, WI 53029
TRUSTEE0$0
SUSAN N FASCIANO
2533 INDIAN RIDGE DRIVE, GLENVIEW, IL 60025
TRUSTEE0$0
DAVID O NICHOLAS
7181 HORSESHOE BAY RD, EGG HARBOR, WI 54209
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
LYNN S NICHOLAS
10309 N RIVER ROAD, MEQUON, WI 53092
PRESIDENT - TRUSTEE25$120,000
NANCY J NICHOLAS
6002 N HIGHWAY 83, CHENEQUA, WI 53029
TRUSTEE0$0
SUSAN N FASCIANO
2533 INDIAN RIDGE DRIVE, GLENVIEW, IL 60025
TRUSTEE0$0
DAVID O NICHOLAS
7181 HORSESHOE BAY RD, EGG HARBOR, WI 54209
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
LYNN S NICHOLAS
10309 N RIVER ROAD, MEQUON, WI 53092
PRESIDENT - TRUSTEE25$120,000
NANCY J NICHOLAS
6002 N HIGHWAY 83, CHENEQUA, WI 53029
TRUSTEE0$0
SUSAN N FASCIANO
2533 INDIAN RIDGE DRIVE, GLENVIEW, IL 60025
TRUSTEE0$0
DAVID O NICHOLAS
7181 HORSESHOE BAY RD, EGG HARBOR, WI 54209
TRUSTEE0$0

Address and contacts

Address (IRS master file)
CO LYNN NICHOLAS 11501 N PORT WASH, MEQUON, WI 53092-0000
In care of
% LYNN NICHOLAS 1249 W LIEBAU ROAD
Signed the 990-PF
LYNN NICHOLAS, PRESIDENT
Phone
(262) 242-3040
Return prepared by
HAWKINS ASH CPAS LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
39-6589261
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$51,656,462
Income (IRS master file)
$6,789,434

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$4,912,553$4,101,298$51,656,462IRS
990-TDecember 2025–––IRS
990-PFDecember 2024$4,058,375$3,535,164$50,860,597IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$3,188,940$3,527,873$50,337,386XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-6589261).

Questions about NICHOLAS FAM FOUNDATION TR

What is the EIN of NICHOLAS FAM FOUNDATION TR?
The employer identification number (EIN) of NICHOLAS FAM FOUNDATION TR is 39-6589261.
Is NICHOLAS FAM FOUNDATION TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to NICHOLAS FAM FOUNDATION TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NICHOLAS FAM FOUNDATION TR file?
Form 990-PF. Private foundations file every year.
When is the next return of NICHOLAS FAM FOUNDATION TR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NICHOLAS FAM FOUNDATION TR last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of NICHOLAS FAM FOUNDATION TR?
The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $120,000 (LYNN S NICHOLAS, PRESIDENT - TRUSTEE).
How much revenue does NICHOLAS FAM FOUNDATION TR have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,912,553, expenses of $4,101,298 and total assets of $51,656,462 at year end.

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