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.
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
8
-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.
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
States
Cities
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
| 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 |
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 include Metropolitan Museum of Art ($325,000), Food Allergy Initiative ($200,000), Bedford Playhouse ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD ALLERGY INITIATIVE NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $200,000 |
| BEDFORD PLAYHOUSE NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $25,000 |
| SEEING EYE NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $5,000 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $25,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $325,000 |
| EHTOPIA READS NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $25,000 |
| 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
From 2024 IRS filing
From 2024 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
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.
What is Naddisy Foundation Inc's EIN?
Naddisy Foundation Inc's EIN (Employer Identification Number) is 05-0544092. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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