THE NAIOP RESEARCH FOUNDATION FOSTERS BUILDING BETTER COMMUNITIES THROUGH PRACTICAL RESEARCH AND EDUCATION THAT ADVANCES THE QUALITY AND MAKES EVIDENT THE BENEFITS OF COMMERCIAL REAL ESTATE OWNERSHIP AND DEVELOPMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
+18.1% YoY
Annual Giving
$87K
+162.1% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$17K
+4.8% YoY
About Naiop Research Foundation Inc
Based on IRS filings
Naiop Research Foundation Inc is a nonprofit organization focused on Education, based in HERNDON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 5 grants totaling $87K. Net investment income was $245K.
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 | $4,724,701 | $3,999,968 | $3,532,992 |
| Revenue | $740,289 | $499,953 | $635,832 |
| Expenses | $406,564 | $369,763 | $294,681 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $245,181 | $40,104 | $111,099 |
| 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 5 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 UC Boulder ($25,000), Isaak Technologies ($25,000), Rowes Wharf Advisors Llc ($22,500).
| Recipient | Purpose | Amount |
|---|---|---|
| UC Boulder Boulder, CO | RESEARCH | $25,000 |
| ISAAK TECHNOLOGIES VICTORIA, MN | RESEARCH | $25,000 |
| WIPFLI LLP MINNEAPOLIS, MN | Research | $8,000 |
| ROWES WHARF ADVISORS LLC BOSTON, MA | Research | $22,500 |
| Toyon Group Silver Spring, MD | Research | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC SELVITELLI | EX-OFFICIO MEMBER | 1 | — |
| JENNIFER LEFURGY | EXECUTVE DIRECTOR | 1 | — |
| JEAN KANE | CHAIRPERSON | 1 | — |
| Frank Baird | VICE CHAIRPERSON | 1 | — |
| Alexander Rickenbaker | Secretary/Treasurer | 1 | — |
| LEWIS AGNEW | BOARD MEMBER | 1 | — |
| TRACY ALLEN | BOARD MEMBER | 1 | — |
| COLLIN BARR | BOARD MEMBER | 1 | — |
| MOLLY CARSON | BOARD MEMBER | 1 | — |
| DAVID GRISSOM | BOARD MEMBER | 1 | — |
| DANIEL LEVISON | BOARD MEMBER | 1 | — |
| KATE NOLAN BRYDEN | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Naiop Research Foundation Inc?
Naiop Research Foundation Inc is a nonprofit organization focused on Education, based in HERNDON, VA. It holds $4.7M in total assets as of 2024.
How large is Naiop Research Foundation Inc?
As of 2024, Naiop Research Foundation Inc holds $4.7M in total assets with $740K in annual revenue. It awarded 5 grants totaling $87K in 2024.
Where does Naiop Research Foundation Inc operate?
Naiop Research Foundation Inc has awarded grants in California, Colorado, Florida, Massachusetts, Maryland, Minnesota, New Jersey, Washington.
What size grants does Naiop Research Foundation Inc award?
In 2024, Naiop Research Foundation Inc awarded 5 grants totaling $87K — an average of about $17K per grant, based on its IRS Form 990 filings.
What is Naiop Research Foundation Inc's EIN?
Naiop Research Foundation Inc's EIN (Employer Identification Number) is 06-1583521. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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