The Nicholson Foundation is announcing that it has determined the timeline for fulfilling its plan to spend down. The Foundation will commit to its last grants through the middle of 2020, see them through over the following year, and close its office at the end of 2021.
Since beginning operations in 2002, the Foundation has worked to improve human- and social-service delivery systems for vulnerable populations in New Jersey. By the time it closes, the Foundation will have granted nearly $137 million for project support and more than $13 million providing direct technical assistance to grantees.
The formal decision to spend down was made a number of years ago as the Foundation grew encouraged about its work and felt increasingly impatient about improving services meant to help people. Below, watch the video of Jan Nicholson, President of The Nicholson Foundation, announcing the close and offering an early thank-you to our many partners.
The Nicholson Foundation’s work touches every corner of New Jersey through its focus on making systems-wide reforms to the state’s early child care system and healthcare safety net. Because The Nicholson Foundation sought to make sustainable change by partnering with government, many of the initiatives it led are now permanent fixtures in New Jersey. Among the broad systems changes the Foundation shepherded in New Jersey: