Albert H and Jane D Nahmad
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
Under IRS private-foundation payout rules, Albert H and Jane D Nahmad reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Baptist Health Foundation Inc ($1,050,000), The Miami Heat Foundation Inc ($200,000), Duke University ($130,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADRIENNE ARSHT CENTER MIMI, FL | GENERAL OPERATIONS | $30,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | GENERAL OPERATIONS | $100,000 |
| BAPTIST HEALTH FOUNDATION INC LITTLE ROCK, AR | GENERAL OPERATIONS | $1,050,000 |
| BARRY UNIVERSITY MIAMI, FL | GENERAL OPERATIONS | $30,000 |
| BOOKLEGGERS LIBRARY INC MIAMI, FL | GENERAL OPERATIONS | $60,000 |
| CAMP VEGA FOUNDATION RIDGEFIELD, CT | GENERAL OPERATIONS | $5,000 |
| DOING GOOD TOGETHER MINNEAPOLIS, MN | GENERAL OPERATIONS | $87,000 |
| DUKE UNIVERSITY DURHAM, NC | GENERAL OPERATIONS | $130,000 |
| EMILY'S ENTOURAGE ARDMORE, PA | GENERAL OPERATIONS | $10,000 |
| FAIRCHILD TROPICAL BOTANIC GARDEN INC CORAL GABLES, FL | GENERAL OPERATIONS | $50,000 |
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
Frequently Asked Questions
What does Albert H and Jane D Nahmad fund?
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
How do I apply for a grant from Albert H and Jane D Nahmad?
**Grant Characteristics:** • Typical award range: $2,500 to $1,050,000 • Median grant amount: $40,000 • Grant scope: One-year project-based grants • Recent grant activity: 53 grants documented in latest filings **Application Process:** 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. **Geographic Focus:** Grants are made primarily in Miami-Dade County, F…
What size grants does Albert H and Jane D Nahmad award?
In 2024, Albert H and Jane D Nahmad awarded 53 grants totaling $3.4M — an average of about $65K per grant, based on its IRS Form 990 filings.
How much is Albert H and Jane D Nahmad required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert H and Jane D Nahmad reported a distributable amount of $4.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert H and Jane D Nahmad's EIN?
Albert H and Jane D Nahmad's EIN (Employer Identification Number) is 27-3971556. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Albert H and Jane D Nahmad's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.