FRANCIS T & LOUISE T NICHOLS FOUNDATION
Cite this
Plain text FRANCIS T & LOUISE T NICHOLS FOUNDATION. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/francis-t-and-louise-t-nichols-foundation-010493311. Retrieved 2026-10-26.
APA furp.org. (n.d.). FRANCIS T & LOUISE T NICHOLS FOUNDATION [Nonprofit organization profile; tax years 2020–2024]. Retrieved October 26, 2026, from https://furp.org/org/francis-t-and-louise-t-nichols-foundation-010493311
MLA “FRANCIS T & LOUISE T NICHOLS FOUNDATION.” furp.org, tax years 2020–2024, https://furp.org/org/francis-t-and-louise-t-nichols-foundation-010493311. Accessed 26 Oct. 2026.
Retrieved 2026-10-26; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990PF · revenue $1.3M · expenses $2.9M · assets $20.8M
- Also known as
- FOUNDATION
- EIN
- 01-0493311
- Address
- PO BOX 1210, BANGOR, ME 04402-1210
- NTEE code
- T30J
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (trust)
- Ruling date
- May 1995 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
2 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Nathaniel S Putnam | TRUSTEE | 2022-2024 | $0 | $134,838 | 2 |
| Calvin True (former) | TRUSTEE | 2020-2021 | $141,687 | $266,341 | 2 |
Officers and directors, no compensation reported
2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Susan Thibault | TRUSTEE | 2020-2024 | 0 | $0 reported | 1 |
| William Nichols | TRUSTEE | 2020-2024 | 0 | $0 reported | 1 |
People by year
2024 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUSAN THIBAULT | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
| WILLIAM NICHOLS | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
| NATHANIEL S PUTNAM | TRUSTEE | 0 | $0 | - | $0 | $0 | 2 |
2023 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUSAN THIBAULT | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
| WILLIAM NICHOLS | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
| NATHANIEL S PUTNAM | TRUSTEE | 0 | $0 | - | $0 | $0 | 2 |
2022 · 3 people listed · 1 paid, $135K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| NATHANIEL S PUTNAM | TRUSTEE | 0 | $134,838 | - | $0 | $134,838 | 2 |
| SUSAN THIBAULT | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
| WILLIAM NICHOLS | TRUSTEE | 0 | $0 | - | $0 | $0 | 1 |
2021 · 3 people listed · 1 paid, $142K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CALVIN TRUE | TRUSTEE | 6 | $141,687 | - | $0 | $141,687 | 2 |
| SUSAN THIBAULT | TRUSTEE | 2 | $0 | - | $0 | $0 | 1 |
| WILLIAM NICHOLS | TRUSTEE | 2 | $0 | - | $0 | $0 | 1 |
2020 · 3 people listed · 1 paid, $125K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CALVIN TRUE | TRUSTEE | 6 | $124,654 | - | $0 | $124,654 | 2 |
| SUSAN THIBAULT | TRUSTEE | 2 | $0 | - | $0 | $0 | 1 |
| WILLIAM NICHOLS | TRUSTEE | 2 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2024 · 1 contractor · $174K
| Name | Location | Service | Paid |
|---|---|---|---|
| EATON PEABODY & CO | BANGOR, ME | TRUSTEE | $174,168 |
2023 · 2 contractors · $206K
| Name | Location | Service | Paid |
|---|---|---|---|
| EATON PEABODY & CO | BANGOR, ME | TRUSTEE | $143,389 |
| ALTERITY FINANCIAL MANAGEMENT | BANGOR, ME | ADVISOR | $62,636 |
2022 · 1 contractor · $64K
| Name | Location | Service | Paid |
|---|---|---|---|
| ALTERITY FINANCIAL MANAGEMENT | BANGOR, ME | ADVISOR | $64,460 |
2021 · 1 contractor · $65K
| Name | Location | Service | Paid |
|---|---|---|---|
| ALTERITY FINANCIAL MANAGEMENT | BANGOR, ME | ADVISOR | $65,212 |
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 88 grants to organizations · $2.6M
2023 · 1 grant to organizations · $3K
Listed grants add up to $3,000; the return's “grants paid” expense line says $2,150,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
2022 · 1 grant to organizations · $5K
Listed grants add up to $5,000; the return's “grants paid” expense line says $2,200,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
2021 · 1 grant to organizations · $3K
Listed grants add up to $3,000; the return's “grants paid” expense line says $2,375,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
2020 · 1 grant to organizations · $8K
Listed grants add up to $8,000; the return's “grants paid” expense line says $2,424,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
No contributors are listed on Schedule B in the e-filed returns we have for this organization.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $1,349,971 | $2,914,315 | $20,840,760 | $20,840,760 | - | - | - | - | - |
| 2023 · Form 990PF | ||||||||
| $6,073,846 | $2,437,831 | $22,320,466 | $22,320,466 | - | - | - | - | - |
| 2022 · Form 990PF | ||||||||
| $3,034,173 | $2,444,580 | $18,739,273 | $18,739,273 | - | - | $134,838 | - | - |
| 2021 · Form 990PF | ||||||||
| $3,236,435 | $2,605,608 | $18,153,366 | $18,153,366 | - | - | $141,687 | - | - |
| 2020 · Form 990PF | ||||||||
| $1,756,188 | $2,623,627 | $17,506,013 | $17,506,013 | - | - | $124,654 | - | - |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- LOIS M GAUTHIER CHARITABLE TR Bangor, ME · 1 person in common (Nathaniel S Putnam)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| LESHER FAMILY FOUNDATION | ME | T30 | $1,719,896 | $1,701,928 | EXECUTIVE DIRECTOR | $288,749 | Same NTEE code T30, revenue within 2x, same state |
| BURNS FAMILY FOUNDATION INC | ME | T30 | $978,758 | $1,151,150 | DIRECTOR | $0 | Same NTEE code T30, revenue within 2x, same state |
| INFORMATION TECHNOLOGY EXCHANGE | ME | T30 | $2,350,125 | $2,176,724 | Co-Executive Director | $106,509 | Same NTEE code T30, revenue within 2x, same state |
| WATERMANS COMMUNITY CENTER | ME | T30 | $1,306,005 | $968,721 | Executive Director | $98,487 | Same NTEE code T30, revenue within 2x, same state |
| ST LOUIS PUBLIC SCHOOLS FOUNDATION | MO | T30 | $2,238,873 | $2,737,226 | EXECUTIVE DIRECTOR | $163,738 | Same NTEE code T30, revenue within 2x, similar name |
| NICHOLAS NEWLIN FOUNDATION | PA | T30 | $2,151,048 | $935,657 | EXECUTIVE DI | $94,697 | Same NTEE code T30, revenue within 2x |
| LION FOUNDATION | PA | T30 | $2,246,102 | $1,139,712 | EXECUTIVE DIRECTOR | $49,811 | Same NTEE code T30, revenue within 2x |
| THE LAM FOUNDATION | OH | T30 | $1,595,985 | $2,019,407 | Executive Dir. | $139,068 | Same NTEE code T30, revenue within 2x |
| LAGRANT FOUNDATION | CA | T30 | $1,641,190 | $1,016,942 | CHAIRMAN & C | $175,000 | Same NTEE code T30, revenue within 2x |
| TED NASH LONG LIFE FOUNDATION | TX | T30 | $1,042,853 | $530,130 | Director | $0 | Same NTEE code T30, revenue within 2x |
| NINER FOUNDATION INC | WY | T30 | $1,808,036 | $5,323,146 | CHAIRMAN, PR | $0 | Same NTEE code T30, revenue within 2x |
| NASIB FOUNDATION | CA | T30 | $933,046 | $885,106 | PRESIDENT | $0 | Same NTEE code T30, revenue within 2x |
| Z FOUNDATION | WI | T30 | $895,252 | $254,049 | TRUSTEE | $0 | Same NTEE code T30, revenue within 2x |
| LAND OF THE FREE FOUNDATION | CA | T30 | $1,572,662 | $1,659,731 | PRESIDENT | $0 | Same NTEE code T30, revenue within 2x |
| LOOKING OUT FOUNDATION | NY | T30 | $1,662,503 | $1,694,253 | Chairperson of the Board | $180,000 | Same NTEE code T30, revenue within 2x |
| TRIUMPH FOUNDATION | CA | T30 | $1,205,625 | $953,442 | Director | $115,000 | Same NTEE code T30, revenue within 2x |
| LEMATTA FOUNDATION | WA | T30 | $1,700,459 | $1,242,292 | President | $0 | Same NTEE code T30, revenue within 2x |
| NICOLET NATIONAL FOUNDATION INC | WI | T30 | $961,903 | $234,640 | VICE PRESIDENT | $0 | Same NTEE code T30, revenue within 2x |
| VNU FOUNDATION | IA | T30 | $1,530,659 | $3,930 | CHAIRPERSON | $0 | Same NTEE code T30, revenue within 2x |
| IFE FOUNDATION | CO | T30 | $1,664,995 | $2,061,640 | Director | $0 | Same NTEE code T30, revenue within 2x |
| H4H FOUNDATION | CA | T30 | $1,055,320 | $916,039 | Treasurer | $0 | Same NTEE code T30, revenue within 2x |
| RJA FOUNDATION | CA | T30 | $992,605 | $1,213,958 | Trustee | $0 | Same NTEE code T30, revenue within 2x |
| 510 FOUNDATION | TN | T30 | $963,604 | $1,026,159 | SECRETARY | $0 | Same NTEE code T30, revenue within 2x |
| NEW HOPE FOUNDATION | CA | T30 | $1,189,646 | $207,532 | BOARD CHAIR/ | $0 | Same NTEE code T30, revenue within 2x |
| LCPV FOUNDATION INC | NY | T30 | $2,005,579 | $1,449,739 | TRUSTEE | $0 | Same NTEE code T30, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $2,914,315 spent · pay $0 · grants $2,600,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $2,600,000 | 89.2% | |
| Fees: other professional | $192,230 | 6.6% | |
| Taxes | $122,085 | 4.2% | |
| Total | $2,914,315 | 100% |
2023 · Form 990PF · $2,437,831 spent · pay $0 · grants $2,150,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $2,150,000 | 88.2% | |
| Fees: other professional | $207,048 | 8.5% | |
| Taxes | $80,783 | 3.3% | |
| Total | $2,437,831 | 100% |
2022 · Form 990PF · $2,444,580 spent · pay $134,838 · grants $2,200,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $2,200,000 | 90.0% | |
| Pay: officers, directors, trustees | $134,838 | 5.5% | |
| Fees: other professional | $65,454 | 2.7% | |
| Taxes | $44,233 | 1.8% | |
| Other expenses | $55 | 0.0% | |
| Total | $2,444,580 | 100% |
2021 · Form 990PF · $2,605,608 spent · pay $141,687 · grants $2,375,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $2,375,000 | 91.1% | |
| Pay: officers, directors, trustees | $141,687 | 5.4% | |
| Fees: other professional | $65,697 | 2.5% | |
| Taxes | $23,224 | 0.9% | |
| Total | $2,605,608 | 100% |
2020 · Form 990PF · $2,623,627 spent · pay $124,654 · grants $2,424,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $2,424,000 | 92.4% | |
| Pay: officers, directors, trustees | $124,654 | 4.8% | |
| Fees: other professional | $49,808 | 1.9% | |
| Taxes | $25,165 | 1.0% | |
| Total | $2,623,627 | 100% |
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