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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
Among its reported 2024 grants, the largest include The Moriah Group Inc ($5,784,344), Ayoku Properties Llc ($997,108), Community Build Ventures Llc ($174,884).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MORIAH GROUP INC HUNTSVILLE, AL | FORWARD PROMISE AND ROOTED CHANGE PROGRAM FUNDING | $5,784,344 |
| AYOKU PROPERTIES LLC MURFREESBORO, TN | AYOKU HEALING RETREAT CENTER PROGRAM SUPPORT | $997,108 |
| COMMUNITY BUILD VENTURES LLC ATLANTA, GA | PROGRAM FUNDING FOR BLACK MALE EDUCATORS TALK INITIATIVE | $174,884 |
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
Frequently Asked Questions
What is Nafasi Fund?
Nafasi Fund is a nonprofit organization focused on Youth Development, based in HUNTSVILLE, AL. It holds $3.8M in total assets as of 2024.
How large is Nafasi Fund?
As of 2024, Nafasi Fund holds $3.8M in total assets with $2.5M in annual revenue. It awarded 3 grants totaling $7.0M in 2024.
Where does Nafasi Fund operate?
Nafasi Fund has awarded grants in Alabama, California, Georgia, Mississippi, Tennessee, Washington.
What size grants does Nafasi Fund award?
In 2024, Nafasi Fund awarded 3 grants totaling $7.0M — an average of about $2.3M per grant, based on its IRS Form 990 filings.
What is Nafasi Fund's EIN?
Nafasi Fund's EIN (Employer Identification Number) is 81-5363891. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nafasi Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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