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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-74.4% YoY
Annual Giving
$7.0M
+53.9% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$2.3M
+105.2% YoY
About Nafasi Fund
Based on IRS filings
Nafasi Fund is a nonprofit organization focused on Youth Development, based in HUNTSVILLE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 3 grants totaling $7.0M. Net investment income was $2.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,789,283 | $14,788,811 | $17,572,200 |
| Revenue | $2,540,782 | $2,702,405 | $15,621,844 |
| Expenses | $9,707,042 | $5,683,232 | $2,023,113 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,459,241 | $275,739 | $4,794 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOYA RANDALL | BOARD CHAIR | 2 | — |
| WILLIAM BUSTER | DIRECTOR | 1 | — |
| ERNEST COMER III | MANAGING DIRECTOR | 40 | $18,220 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
$225K
Gamma Theta Educational Foundation Inc
TUSCALOOSA, AL
Assets
—
Grants
0
Total Given
—
The Starfish Project
HOOVER, AL
Assets
$2K
Grants
0
Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
LEXINGTON, AL
Assets
$461
Grants
0
Total Given
—
Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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