Ike Nizam Foundation Inc
IKE NIZAM FOUNDATION INC is a private foundation based in Brentwood, Tennessee. Its 2024 filing reports 215 grants totaling $697,667 to charitable organizations.
Key facts about Ike Nizam Foundation Inc
In short: Ike Nizam Foundation Inc gave $698K across 215 grants in 2024 (avg $3K), top state California. Source: 2024 IRS Form 990-PF.
- EIN
- 82-3743492
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $697,667
- Grants made (2024)
- 215
- Average grant
- $3,245
- Median grant
- $1,782
- Total assets
- $16,118,426
- Primary geography
- California (18% of itemized 2024 grant dollars)
- How to apply
- The filing says to contact Laurie Feller and submit a letter explaining the reason for the request, along with verification of charitable status and other materials. Full details ↓
- Deadline
- N/A.
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.1M
+15.5% YoY
Annual Giving
$698K
+49.6% YoY
Grant Count
215
+194.5% YoY
Avg Grant Size
$3K
-49.2% YoY
Under IRS private-foundation payout rules, Ike Nizam Foundation Inc reported a distributable amount of $779K for 2024 — the minimum it must pay out in qualifying distributions.
How Ike Nizam Foundation Inc gives
- 8% of 2024 grantees were also funded in 2023. Method
- Giving grew 361% from 2021 to 2024. Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for a range of organizations. For example, Rockford Promise describes its mission as removing financial barriers to post-secondary education and supporting student success. Best Christmas Ever says it partners with local leaders and businesses to provide tailored support to families facing tough times. The Wisconsin Humane Society describes its mission as making a difference for animals and the people who love them.
Other 2024 recipients include the American Heart Association, which describes its mission as promoting longer, healthier lives; Soldiers’ Angels, which provides aid, comfort, and resources to military members, veterans, and their families; and Texas Baptist Children’s Home, which serves children and families in need.
Grantmaking
In 2024, the foundation made 215 grants totaling $697,667. Grants ranged from $100 to $33,115, with a median grant of $1,782. Among the largest listed awards were $33,115 to Mission San Diego, $32,772 to Best Christmas Ever, and $20,000 to Children’s Foundation of Las Vegas. Other notable grants included $18,953 to the American Heart Association, $12,000 to Illinois Foundation for Deaf Children, and $10,500 to Rockford Promise.
Review Cycle
** N/A.
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Geographic Focus
Where this funder awards grants
In 2024, California received 18% of grant dollars, Illinois 16%, Arizona 16%, Florida 7%, and Texas 6%.
Grant Distribution by State
Share of all 215 itemized 2024 grant dollars.
States
Cities
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
459 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MISSION SAN DIEGO San Diego, CA | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $33,115 |
| BEST CHRISTMAS EVER Cloquet, MN | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $32,772 |
| CHILDREN'S FOUNDATION OF LAS VEGAS Las Vegas, NV | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $20,000 |
| AMERICAN HEART ASSOCIATION Dallas, TX | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $18,953 |
| YWAM Chula Vista, CA | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $12,449 |
| ILLINOIS FOUNDATION FOR DEAF CHILDREN Jacksonville, IL | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $12,000 |
| ROCKFORD PROMISE Rockford, IL | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $10,500 |
| WISCONSIN HUMANE SOCIETY Milwaukee, WI | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $10,100 |
| FLIGHT TO NORTH POLE New Berlin, WI | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $10,000 |
| MOUNTAIN VIEW ACADEMY Mountain View, CA | TO PROMOTE AND SUPPORT FUNCTION AS PUBLIC CHARITIES AND/OR EXEMPT OPERATING FOUNDATIONS | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $16,118,426 | $3,453,009 | $902,244 | $697,667 | 215 |
| 2023 | $13,952,881 | $2,079,184 | $590,917 | $466,283 | 73 |
| 2022 | $13,709,483 | $5,151,122 | $332,511 | $263,550 | 64 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,118,426 | $13,952,881 | $13,709,483 |
| Revenue | $3,453,009 | $2,079,184 | $5,151,122 |
| Expenses | $902,244 | $590,917 | $332,511 |
| Qualifying Distributions | $697,667 | $466,283 | $263,550 |
| Net Investment Income | $1,182,222 | $542,568 | $971,122 |
| Distributable Amount | $779,119 | $634,808 | $446,528 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Laurie Feller as president and director; Amir Nizam as vice president and director; Riad Nizam as treasurer and director; and Sam Nizam as secretary and director. Basel Nizam and Jamil Nizam are listed as directors.
Ike Nizam Foundation Inc is led by Laurie Feller, President & Director on every filing since 2020; 1 of 6 officers listed in 2024 is compensated.
Officers on the 2024 filing
Laurie Feller
President & Director
On filings since 2020
10 hrs/week
$30K (2020) → $56K (2024)
Amir Nizam
Vice President & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Basel Nizam
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Jamil Nizam
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Riad Nizam
Treasurer & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Sam Nizam
Secretary & Director
On filings since 2020
0.1 hrs/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.
Compensation Overview
From 2024 IRS filing
Contact
Application contact: Laurie Feller
Mailing address: 2425 S 21St Street, Phoenix, AZ 85034
Phone: (000) 000-0000
Frequently asked questions about Ike Nizam Foundation Inc
How much does Ike Nizam Foundation Inc give each year?
Ike Nizam Foundation Inc gave $698K across 215 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $466K across 73 grants.
What is Ike Nizam Foundation Inc's typical grant size?
Ike Nizam Foundation Inc's median grant in 2024 was $1,782, and its average grant was $3,245, across 215 grants on its 2024 IRS Form 990-PF.
Where does Ike Nizam Foundation Inc give grants?
Ike Nizam Foundation Inc's top state is California, with 18% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (16%) and Arizona (16%). The most frequent recipient cities were Rockford, IL (18 grants), Phoenix, AZ (15 grants), Georgetown, OH (8 grants) and New York, NY (8 grants).
Does Ike Nizam Foundation Inc give general operating support?
Yes: 100% of Ike Nizam Foundation Inc's 2024 grants with a stated purpose (215 of 215) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Ike Nizam Foundation Inc's largest grantees?
Ike Nizam Foundation Inc's largest 2024 grantees include Mission San Diego ($33,115), Best Christmas Ever ($32,772) and Children's Foundation of Las Vegas ($20,000), according to its 2024 IRS Form 990-PF. Together they received 12% of its itemized 2024 grant dollars.
How large is Ike Nizam Foundation Inc?
Ike Nizam Foundation Inc reported $16.1M in total assets on its 2024 IRS Form 990-PF. It paid out $698K in qualifying distributions that year, against a required minimum of $779K (roughly 5% of its investment assets).
What does Ike Nizam Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for a range of organizations. For example, Rockford Promise describes its mission as removing financial barriers to post-secondary education and supporting student success. Best Christmas Ever says it partners with local leaders and businesses to provide tailored support to families facing tough times. The Wisconsin Humane Society describes its mission as making a difference for animals and the people who love …
How do I apply for a grant from Ike Nizam Foundation Inc?
The filing says to contact Laurie Feller and submit a letter explaining the reason for the request, along with verification of charitable status and other materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ike Nizam Foundation Inc's EIN?
Ike Nizam Foundation Inc's EIN (Employer Identification Number) is 82-3743492. 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. Research dossier generated September 2026.
Here's the math on researching Ike Nizam Foundation Inc by hand.
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