Naiop Research Foundation Inc
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.
Naiop Research Foundation Inc at a glance
In short: Naiop Research Foundation Inc gave $44K across 3 grants in 2025 (avg $15K), mostly in Colorado. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $44,000
- -49.1% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $14,667
- -15.2% vs 2024
- Median grant
- $8,000
- Total assets
- $5,495,942
- +16.3% vs 2024
- Primary geography
- Colorado (68% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Naiop Research Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was University of Colorado Boulder ($30K). Together the top 3 received $44K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Naiop Research Foundation Inc gives
- Giving grew 244% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $13K (2022) to $87K (2024). In 2025 it made 3 grants totaling $44K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado Boulder Boulder, CO | Research | $30,000 |
| Hickey & Associates LLC New York, NY | Research | $8,000 |
| Toyon Group Silver Spring, MD | Research | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,495,942 | $487,828 | $339,125 | $44,000 | 3 | $144,876 |
| 2024 | $4,724,701 | $740,289 | $406,564 | $86,500 | 5 | $245,181 |
| 2023 | $3,999,968 | $499,953 | $369,763 | $33,000 | 2 | $40,104 |
| 2022 | $3,532,992 | $635,832 | $294,681 | $12,800 | 1 | $111,099 |
| 2021 | $3,745,572 | $636,478 | $294,208 | $25,000 | 1 | $195,767 |
| 2020 | $3,199,132 | $498,327 | $195,484 | $33,000 | 2 | $86,012 |
| 2019 | $2,771,067 | $415,380 | $332,685 | $70,000 | 3 | $64,990 |
About Naiop Research Foundation Inc
Based on IRS filings
Naiop Research Foundation Inc is a public charity focused on Education, based in Herndon, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.5M in total assets. In 2025, it awarded 3 grants totaling $44K. Net investment income was $145K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Naiop Research Foundation Inc is led by Jean Kane, Chairperson since 2024 (on filings since 2019); none of the 13 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jean Kane
Chairperson
Board Member → Vice Chairperson, 2022
Vice Chairperson → Chairperson, 2024
On filings since 2019
1 hr/week
No compensation reported
Jennifer Lefurgy
Executve Director
On filings since 2022
1 hr/week
No compensation reported
Marc Selvitelli
Ex-Officio Member
Executve Director → Executive Director, 2023
Executive Director → Ex-Officio Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Collin E. Barr
Board Member
On filings since 2020
1 hr/week
No compensation reported
Frank P. Baird
Vice Chairperson
Board Member → Vice Chairperson, 2024
On filings since 2020
1 hr/week
No compensation reported
Tracy Allen
Board Member
On filings since 2021
1 hr/week
No compensation reported
Alexander Rickenbaker
Secretary-Treasurer
Secretary → Secretary & Treasurer, 2024
Secretary & Treasurer → Secretary-Treasurer, 2025
On filings since 2022
1 hr/week
No compensation reported
David Grissom
Board Member
On filings since 2023
1 hr/week
No compensation reported
Lewis Agnew
Board Member
On filings since 2023
1 hr/week
No compensation reported
Molly R. Carson
Board Member
On filings since 2023
1 hr/week
No compensation reported
Daniel Levison
Board Member
On filings since 2024
1 hr/week
No compensation reported
Kate Nolan Bryden
Board Member
On filings since 2024
1 hr/week
No compensation reported
Mark G. Levy
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (12)
- Former: Bilijack Bell (2019–2023) — Board Member
- Former: Eva Stevens (2019–2023) — Board Member
- Former: Fe Kalb Jr. (2019–2023) — Chairperson
- Former: Thomas Bisacquino (2019–2023) — Ex-Officio
- Former: Douglas Swain (2019–2022) — Board Member
- Former: Nino Pedrelli (2019–2022) — Board Member
- Former: Rivka Altman (2022) — Treasurer
- Former: Barbara McDuffie (2019–2021) — Board Member
- Former: William Hunt (2019–2021) — Board Member
- Former: Rod Lawrence (2020–2021) — Board Member
- Former: John Schultz (2019) — Secretary & Treasurer
- Former: Paul Ciminelli (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Naiop Research Foundation Inc
How much does Naiop Research Foundation Inc give each year?
Naiop Research Foundation Inc gave $44K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $87K across 5 grants.
What is Naiop Research Foundation Inc's typical grant size?
Naiop Research Foundation Inc's median grant in 2025 was $8,000, and its average grant was $14,667, across 3 grants on its 2025 IRS Form 990.
Where does Naiop Research Foundation Inc give grants?
Naiop Research Foundation Inc gives mostly in Colorado: 68% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were New York (18%) and Maryland (14%).
Does Naiop Research Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Naiop Research Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Research" (3 grants).
How large is Naiop Research Foundation Inc?
Naiop Research Foundation Inc reported $5.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $488K.
What is Naiop Research Foundation Inc?
Naiop Research Foundation Inc is a public charity focused on Education, based in Herndon, VA. It holds $5.5M in total assets as of 2025.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 30, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Naiop Research Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Naiop Research Foundation Inc's focus areas in our free grants database
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