The reactions between a variety of Ni(II) compounds and NaBH4 have been studied in the presence of triphenylphosphine (P) and the bidentate phosphines 1,2-bis(diphenylphosphino)-ethane (diphos), bis(diphenylphosphino)methane (dppm), and cis-1,2-bis(diphenylphosphino)-ethylene (vpp). In ethanol, NiCl2•6H2O, P, and NaBH4 give [Ni(BH4)P3]2 while NiX2P2 X = Cl, Br, I) and NaBH4 produce Ni(BH4)P1.5. Further reactions of the former complex leading to [Ni2P6](PF6)2 and [NiP4](PF6) have been studied. Reactions of Ni(ClO4)2•6H2O, P, and NaBH4 produce Ni(ClO4)P3 and [NiP4](ClO4). The bidentate phosphines, Ni(ClO4)2•-6H2O and NaBH4 in ethanol all lead to quite different products. For example, with diphos, Ni(II) is stabilized and [HNi(diphos)2](ClO4) is formed, but with the other two bidentate phosphines, reduction occurs. With dppm, [Ni2(dppm)4](ClO4)2 is produced, while vpp produces [Ni(vpp)2](ClO4). Physical properties, possible structures, and suggested mechanisms of reduction are discussed.