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Nonprofit · EIN 01-0493311

FRANCIS T & LOUISE T NICHOLS FOUNDATION

Also known as TRUE CALVIN E TTEE

Tax-exempt · BANGOR, ME 04402

Financials

$6.1M$2.4M2023$1.3M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of FRANCIS T & LOUISE T NICHOLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,349,971$2,914,315-$1,564,344$20,840,760$0$20,840,760
December 31, 2023990-PF$6,073,846$2,437,831$3,636,015$22,320,466$0$22,320,466
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,305,866
Net gain from sales of assets
$44,105

Expenses

Grants and similar amounts paid
$2,600,000
Disbursements for charitable purposes
$2,914,315
Excise tax on investment income
$13,783

Balance sheet and other

Total assets, start of year
$22,320,466
Total assets, end of year
$20,840,760
Total liabilities, end of year
$0
Net assets, end of year
$20,840,760
Fair market value of assets
$56,437,776
Qualifying distributions
$2,914,315
Net investment income
$1,305,866

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
SUSAN THIBAULT
546 SPEAR STREET, CHARLOTTE, VT 05445
TRUSTEE0$0
WILLIAM NICHOLS
417 PETTINGILL ROAD, ESSEX JCT, VT 05452
TRUSTEE0$0
NATHANIEL S PUTNAM
PO BOX 1210, BANGOR, ME 044021210
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SUSAN THIBAULT
546 SPEAR STREET, CHARLOTTE, VT 05445
TRUSTEE0$0
WILLIAM NICHOLS
417 PETTINGILL ROAD, ESSEX JCT, VT 05452
TRUSTEE0$0
NATHANIEL S PUTNAM
PO BOX 1210, BANGOR, ME 044021210
TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 1210, BANGOR, ME 04402-1210
Signed the 990-PF
NATHANIEL S PUTNAM, TRUSTEE
Phone
(207) 947-0111
Return prepared by
LAWRENCE & GAGNON CPAS PA

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
01-0493311
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
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$20,840,760
Income (IRS master file)
$5,154,866

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,349,971$2,914,315$20,840,760IRS
990-PFDecember 2023$6,073,846$2,437,831$22,320,466XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 01-0493311).

Questions about FRANCIS T & LOUISE T NICHOLS FOUNDATION

What is the EIN of FRANCIS T & LOUISE T NICHOLS FOUNDATION?
The employer identification number (EIN) of FRANCIS T & LOUISE T NICHOLS FOUNDATION is 01-0493311.
Is FRANCIS T & LOUISE T NICHOLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to FRANCIS T & LOUISE T NICHOLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRANCIS T & LOUISE T NICHOLS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRANCIS T & LOUISE T NICHOLS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANCIS T & LOUISE T NICHOLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of FRANCIS T & LOUISE T NICHOLS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FRANCIS T & LOUISE T NICHOLS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,349,971, expenses of $2,914,315 and total assets of $20,840,760 at year end.

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