Naddisy Foundation Inc

Foundation · Grantmaker New York, NY EIN: 05-0544092

The Naddisy Foundation is a private family foundation established in 2002 and based in New York City. The foundation was founded by Sacha and Rebecca Lainovic. As a family foundation, it makes grants aligned with the personal interests and affiliations of its founders rather than through a formal, publicly advertised grantmaking program.

Key facts about Naddisy Foundation Inc

EIN: 05-0544092
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $611,000
Grants made (2024): 8
Average grant: $76,375
Median grant: $25,000
Total assets: $25,133,509
Primary geography: New York (100% of itemized 2024 grant dollars)

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

Who Naddisy Foundation Inc funds

By grant dollars, the top recipient states for Naddisy Foundation Inc's 8 itemized 2024 grants were New York (100%). The most frequent recipient cities were New York, NY (8 grants). 100% of grants with a stated purpose were for general or operating support.

How Naddisy Foundation Inc gives

Giving fell 87% from 2021 to 2024. Method
In 2024 it paid out 55% 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.

Next steps with Naddisy Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.1M

+2.0% YoY

Annual Giving

$611K

-66.1% YoY

Grant Count

-27.3% YoY

Avg Grant Size

$76K

-53.3% YoY

Under IRS private-foundation payout rules, Naddisy Foundation Inc reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary giving focuses on:

Higher Education
Health and Human Services
Public Health

The foundation supports causes that have affected the Lainovic family personally or organizations in which they maintain direct involvement. Notable areas of interest include food allergy research and education, reflecting a family connection to food allergies.

Grantmaking

Recent grantees have included:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $611K (100%)

Share of all 8 itemized 2024 grant dollars.

States

California New York

Cities

New YorkSan Francisco

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2023-2024):

Total Assets: $25,133,509
Total Annual Giving: $611,000
Total Revenues (2023): $1,282,317
Total Expenses (2023): $1,850,913

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$25,133,509	$24,645,246	$24,672,210
Revenue	$847,113	$1,282,317	$770,693
Expenses	$711,728	$1,850,913	$2,935,253
Qualifying Distributions	$711,728	$1,850,913	$2,935,253
Net Investment Income	$847,113	$1,282,317	$770,693
Distributable Amount	$1,296,620	$1,191,137	$1,297,832

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

64 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Metropolitan Museum of Art ($325,000), Food Allergy Initiative ($200,000), Bedford Playhouse ($25,000).

Recipient	Purpose	Amount
METROPOLITAN MUSEUM OF ART New York, NY	GENERAL CHARITABLE PURPOSE	$325,000
FOOD ALLERGY INITIATIVE New York, NY	GENERAL CHARITABLE PURPOSE	$200,000
BEDFORD PLAYHOUSE New York, NY	GENERAL CHARITABLE PURPOSES	$25,000
HOSPITAL FOR SPECIAL SURGERY New York, NY	GENERAL CHARITABLE PURPOSE	$25,000
EHTOPIA READS New York, NY	GENERAL CHARITABLE PURPOSE	$25,000
SEEING EYE New York, NY	GENERAL CHARITABLE PURPOSE	$5,000
BEGINNING WITH CHILDREN New York, NY	GENERAL CHARITABLE PURPOSE	$5,000
SCHWARZMAN ANIMAL CENTER New York, NY	GENERAL CHARIABLE PURPOSE	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founders:

Sacha Lainovic – Co-founder of The Invus Group LLC (a global private equity firm, where he served as executive vice president from 1985 to 2006) and co-founder of Invus Financial Advisors. He holds an M.S. in engineering from Institut National des Sciences Appliquées Lyon, France, and an M.B.A. from Stanford University Graduate School of Business. Lainovic has served on the board of Ronald McDonald House.
Rebecca Lainovic – Co-founder

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Sacha Lainovic	Director/President	—	—
Rebecca Lainovic	Secretary/Treasurer	—	—

Contact Information

Address: 126 E 56th St, Floor 20, New York City, NY 10022-3613

Telephone: 212-616-2555

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Naddisy Foundation Inc fund?

The foundation's primary giving focuses on: • **Higher Education** • **Health and Human Services** • **Public Health** The foundation supports causes that have affected the Lainovic family personally or organizations in which they maintain direct involvement. Notable areas of interest include food allergy research and education, reflecting a family connection to food allergies.

How do I apply for a grant from Naddisy Foundation Inc?

**Grant Characteristics:** • Typical award range: $1,000 to $1,170,000 • The foundation does not accept letters of intent or unsolicited applications • No formal staff **Recent Grant Activity:** Recent grantees have included: • Metropolitan Museum of Art ($1,070,000 in 2023) • Action Against Hunger USA ($50,000 in 2023) • Bedford Playhouse ($25,000 in 2023) • Food Allergy Research & Education • Ronald McDonald House • Lucille Packard Foundation • Memorial Sloan Kettering

What size grants does Naddisy Foundation Inc award?

In 2024, Naddisy Foundation Inc awarded 8 grants totaling $611K — an average of about $76K per grant, based on its IRS Form 990 filings.

How much is Naddisy Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Naddisy Foundation Inc reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.