Helen G Nassif Foundation Inc

Private foundation · Grantmaker Charlestown, WV EIN: 52-2031005

Helen G Nassif Foundation Inc is a private foundation, based in Charlestown, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 1 grant totaling $425K. Net investment income was $372K.

Key facts about Helen G Nassif Foundation Inc

In short: Helen G Nassif Foundation Inc gave $425K across 1 grant in 2024 (avg $425K), mostly in Iowa. Source: 2024 IRS Form 990-PF.

EIN
52-2031005
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$424,667
Grants made (2024)
1
Average grant
$424,667
Median grant
$424,667
Total assets
$10,323,127
Primary geography
Iowa (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.3M

+1.3% YoY

Annual Giving

$425K

-29.2% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$425K

+253.9% YoY

Under IRS private-foundation payout rules, Helen G Nassif Foundation Inc reported a distributable amount of $718K for 2024 — the minimum it must pay out in qualifying distributions.

How Helen G Nassif Foundation Inc gives

  • Giving grew 77% from 2021 to 2024. Method
  • In 2024 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2024 grant dollars.

Cities

Cedar RapidsCharlestonFort Wayne

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K3 grants20204 grants20213 grants20225 grants20231 grants2024

From 2020 to 2024, annual grant giving ranged from $239K (2021) to $600K (2023). In 2024 it made 1 grant totaling $425K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Greater Cedar Rapids Community Foundation: $425KGreater Cedar Rapids CommunityFoundation$425K

The largest 2024 recipient was Greater Cedar Rapids Community Foundation ($425K).

Grant Size Distribution

16 grants across all recorded years

3<$50K$50–100K12$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 12 grants of 16 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Greater Cedar Rapids Community Foundation Cedar Rapids, IARestricted contribution to support charitable projects designated by the helen g nassif fund (donor-advised fund).$424,667

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M20202021202220232024
Metric202420232022
Total Assets$10,323,127$10,191,878$10,408,469
Revenue$668,087$392,898$261,898
Expenses$536,838$609,489$435,116
Qualifying Distributions$523,172$604,650$426,938
Net Investment Income$372,436$388,248$230,726
Distributable Amount$717,968$692,197$640,802

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Helen G Nassif Foundation Inc is led by Alex Skaff, President & Director on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alex Skaff

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeanne Amosson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • John M. Nassif

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Marina A. Nassif

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tom Amosson

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Brian S. Chapman

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Helen G Nassif Foundation Inc

How much does Helen G Nassif Foundation Inc give each year?

Helen G Nassif Foundation Inc gave $425K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $600K across 5 grants.

How large is Helen G Nassif Foundation Inc?

Helen G Nassif Foundation Inc reported $10.3M in total assets on its 2024 IRS Form 990-PF. It paid out $523K in qualifying distributions that year, against a required minimum of $718K (roughly 5% of its investment assets).

Where does Helen G Nassif Foundation Inc operate?

Helen G Nassif Foundation Inc has awarded grants in Iowa, Indiana, West Virginia.

What is Helen G Nassif Foundation Inc's EIN?

Helen G Nassif Foundation Inc's EIN (Employer Identification Number) is 52-2031005. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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