Naon Inc logo

Naon Inc

Private foundation · Grantmaker New York, NY EIN: 13-4099539 Website

NAON INC is a private foundation based in New York, NY. Its website describes the NAON Foundation’s mission as advancing orthopaedic nursing through grants and scholarships supporting practice, research, and leadership.

Key facts about Naon Inc

In short: Naon Inc gave $1.4M across 5 grants in 2024 (avg $278K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
13-4099539
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,390,327
Grants made (2024)
5
Average grant
$278,065
Median grant
$242,600
Total assets
$28,224,240
Primary geography
New York (89% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓
Deadline
The 2027 Congress scholarship application materials are due by December 31, 2026.

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.2M

+4.1% YoY

Annual Giving

$1.4M

-12.5% YoY

Grant Count

5

-66.7% YoY

Avg Grant Size

$278K

+162.5% YoY

Under IRS private-foundation payout rules, Naon Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

How Naon Inc gives

  • Giving held roughly steady from 2021 to 2024 (−17%). Method
  • In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The NAON Foundation’s stated vision is to promote excellence in musculoskeletal health by supporting orthopaedic nursing. Its stated mission is to fund grants and scholarships that advance orthopaedic nursing practice, research, and leadership.

In 2024, recipients included Prizmah Center for Jewish Day Schools, which describes itself as a network for Jewish day schools and yeshivas in North America. Its stated work includes investing in talent, advancing schools’ financial vitality, and enhancing educational excellence.

Grantmaking

In 2024, NAON INC reported five grants totaling $1,390,327. Grant amounts ranged from $50 to $690,429, with a median of $242,600.

Review Cycle

The 2027 Congress scholarship application materials are due by December 31, 2026.

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Geographic Focus

Where this funder awards grants

In 2024, 89% of grant dollars went to recipients in New York. The state associated with the remaining 11% is not specified.

Grant Distribution by State

10states

Share of all 5 itemized 2024 grant dollars.

Cities

New YorkBrooklynRockvilleWalthamBloomfield HillsFar RockawayNorthbrookPalo AltoParamusSt. LouisWashingtonWynnewood

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M16 grants20207 grants20217 grants202215 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $1.4M (2024) to $1.7M (2021). In 2024 it made 5 grants totaling $1.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Legacy Heritage Programming Xiii LLC: $690KLegacy Heritage ProgrammingXiii LLC$690KPrizmah Center for Jewish Day Schools Inc: $301KPrizmah Center for Jewish DaySchools Inc$301KUnion of Orthodox Jewish Congregations of America: $243KUnion of Orthodox JewishCongregations of America$243KOu Israel in Memory of Bernard and Sara Falk: $157KOu Israel in Memory of Bernardand Sara Falk$157KLegacy Heritage Investors I LLC: $50Legacy Heritage Investors ILLC$50

The largest 2024 recipient was Legacy Heritage Programming Xiii LLC ($690K). Together the top 5 received $1.4M.

Grant Size Distribution

50 grants across all recorded years

19<$50K9$50–100K14$100–250K4$250–500K3$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 19 grants of 50 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Legacy Heritage Programming Xiii LLC New York, NYSupport the Organization's Summertime Educational Programming.$690,429
Prizmah Center for Jewish Day Schools Inc New York, NYGeneral Support for Organization's Charitable Programming.$300,702
Union of Orthodox Jewish Congregations of America New York, NYFunding to support the organization's religious leadership and educational programming.$242,600
Ou Israel in Memory of Bernard and Sara Falk Provide Support for the Organization's Educational Programming.$156,546
Legacy Heritage Investors I LLC New York, NYFrom Passthrough$50

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $28,224,240 $2,683,718 $1,581,349 $1,390,327 5
2023 $27,122,159 $2,176,251 $1,798,835 $1,589,197 15
2022 $26,744,743 $1,543,755 $1,964,922 $1,457,667 7
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$28,224,240$27,122,159$26,744,743
Revenue$2,683,718$2,176,251$1,543,755
Expenses$1,581,349$1,798,835$1,964,922
Qualifying Distributions$1,394,133$1,594,089$1,464,891
Net Investment Income$2,494,444$1,953,791$1,040,634
Distributable Amount$1,654,875$1,503,844$1,516,003

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists S Wexner as president, secretary, treasurer, and director; B Gloznek as assistant secretary; and W Stern, R Kanner, G Levy, R Agus, D Weissman, W Feinstein, R Feit, and G Graff as directors.

The NAON Foundation website lists trustees Debbie Hawk, Steve Jones, Barbara Levin, Cheryl Mains, Luann Theis, and Angela Vanderpool.

Naon Inc is led by S. Wexner, President, Secretary, Treasurer & Director on every filing since 2020; none of the 11 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • S. Wexner

    President, Secretary, Treasurer & Director

    On filings since 2020

    No compensation reported

  • B. Lopata

    Director

    On filings since 2020

    No compensation reported

  • D. Weissman

    Director

    On filings since 2020

    No compensation reported

  • G. Graff

    Director

    On filings since 2020

    No compensation reported

  • G. Levy

    Director

    On filings since 2020

    No compensation reported

  • R. Agus

    Director

    On filings since 2020

    No compensation reported

  • R. Feit

    Director

    On filings since 2020

    No compensation reported

  • R. Kanner

    Director

    On filings since 2020

    No compensation reported

  • W. Feinstein

    Director

    On filings since 2020

    No compensation reported

  • W. Stern

    Director

    On filings since 2020

    No compensation reported

  • B. Gloznek

    Assistant Secretary

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: D. Korn (2020–2021) — Tax Matters Officer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 575 Lexington Avenue 34Th Fl, New York, NY 10022
Phone: (212) 686-7160
Website: https://naonfoundation.org

Frequently asked questions about Naon Inc

How much does Naon Inc give each year?

Naon Inc gave $1.4M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 15 grants.

What is Naon Inc's typical grant size?

Naon Inc's median grant in 2024 was $242,600, and its average grant was $278,065, across 5 grants on its 2024 IRS Form 990-PF.

Where does Naon Inc give grants?

Naon Inc gives mostly in New York: 89% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (4 grants).

Does Naon Inc give general operating support?

Yes: 20% of Naon Inc's 2024 grants with a stated purpose (1 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Naon Inc's largest grantees?

Naon Inc's largest 2024 grantees include Legacy Heritage Programming Xiii LLC ($690,429), Prizmah Center for Jewish Day Schools Inc ($300,702) and Union of Orthodox Jewish Congregations of America ($242,600), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.

How large is Naon Inc?

Naon Inc reported $28.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).

What does Naon Inc fund?

The NAON Foundation’s stated vision is to promote excellence in musculoskeletal health by supporting orthopaedic nursing. Its stated mission is to fund grants and scholarships that advance orthopaedic nursing practice, research, and leadership. See mission & focus areas ↑

How do I apply for a grant from Naon Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Naon Inc's EIN?

Naon Inc's EIN (Employer Identification Number) is 13-4099539. IRS Form 990 filing data is available on this page for 2020–2024.

Does Naon Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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