The Albert H & Jane D Nahmad Foundation Inc. is a private foundation based in Miami, Florida, established in 2012. The foundation operates as a 501(c)(3) organization dedicated to making impactful, project-based grants within its community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33.7M
-2.3% YoY
Annual Giving
$3.4M
+54.0% YoY
Grant Count
53
+29.3% YoY
Avg Grant Size
$65K
+19.2% YoY
Mission & Focus Areas
The foundation supports innovative leaders looking to create change in Miami-Dade County through one-year project-based grants. Primary funding areas include:
- Education
- Youth Services
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The foundation operates on a preselected-only basis, meaning it makes contributions exclusively to preselected charitable organizations and does not accept unsolicited applications for funds.
How to Apply
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (Most Recent Data):
- Total assets: $33,730,992 to $34,500,000
- Total annual giving: $3,447,525
- Revenue (2023): $7,110,000
- Expenses (2023): $2,370,000
- Total liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $33,730,992 | $34,513,160 | $29,817,757 |
| Revenue | $2,998,035 | $7,111,655 | $6,902,985 |
| Expenses | $3,780,203 | $2,365,104 | $2,615,236 |
| Qualifying Distributions | $3,447,525 | $2,238,135 | $2,485,350 |
| Net Investment Income | $2,431,589 | $2,034,385 | $1,510,910 |
| Distributable Amount | $4,460,887 | $3,268,922 | $2,413,695 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
220 grants across all recorded years
Open Grants
1 open opportunity from Albert H and Jane D Nahmad
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Valerie F. Schimel — President (28 hours/week, $205,000 annual compensation)
- Jane D. Nahmad — Secretary (1 hour/week, no compensation)
- Aaron J. Nahmad — Treasurer (1 hour/week, no compensation)
The foundation is likely staffed with dedicated paid personnel based on reported board members and key employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VALERIE F SCHIMEL | PRESIDENT | 28 | $205,417 |
| JANE D NAHMAD | SECRETARY | 1 | — |
| AARON J NAHMAD | TREASURER | 1 | — |
Contact Information
Address: 2665 S Bayshore Dr Ste 901, Miami, FL 33133-5462
Phone: 305-714-4100
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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