Nara Fund Inc is a private foundation focused on Arts and culture, based in THETFORD, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 12 grants totaling $119K. Net investment income was $311K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+8.4% YoY
Annual Giving
$119K
+7.2% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$10K
+16.2% YoY
Under IRS private-foundation payout rules, Nara Fund Inc reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Nara Fund Inc
Based on IRS filings
Nara Fund Inc is a private foundation focused on Arts and culture, based in THETFORD, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 12 grants totaling $119K. Net investment income was $311K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,260,037 | $2,085,682 | $2,043,413 |
| Revenue | $311,034 | $166,491 | $134,539 |
| Expenses | $136,679 | $124,222 | $167,189 |
| Qualifying Distributions | $119,225 | $111,200 | $146,499 |
| Net Investment Income | $311,034 | $166,491 | $134,539 |
| Distributable Amount | $121,040 | $117,488 | $130,261 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Fund for Investigative Journalism ($25,000), Ready Set Smile ($15,000), Friends in Service Helping ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VERMONT FOODBANK BARRE, VT | GENERAL CHARITY USE. | $5,000 |
| THETFORD FOOD SHELF THETFORD CENTER, VT | GENERAL CHARITY USE | $3,000 |
| THEATER LATTE DA MINNEAPOLIS, MN | NEXT UP, NEXT GENERATION COMMISSIONS, AND NEXT FESTIVAL | $10,000 |
| THE METROPOLITAN OPERA NEW YORK, NY | HD LIVE IN SCHOOLS AND ITS ASSOCIATED PROGRAMS | $10,000 |
| THE FUND FOR INVESTIGATIVE JOURNALISM WASHINGTON, DC | GENERAL CHARITY USE. | $25,000 |
| SAINT PAUL CHAMBER ORCHESTRA SAINT PAUL, MN | GENERAL CHARITY USE. | $10,000 |
| READY SET SMILE MINNEAPOLIS, MN | GENERAL CHARITY USE. | $15,000 |
| LATHAM MEMORIAL LIBRARY THETFORD, VT | KANOPY SUBSCRIPTION AND INFORMATION TECHNOLOGY EQUIPMENT. | $6,225 |
| FRIENDS IN SERVICE HELPING CARSON CITY, NV | FISH REVITALIZATION PROGRAM AND GENERAL CHARITY USE. | $15,000 |
| COMMUNITY NURSE OF THETFORD THETFORD CENTER, VT | GENERAL CHARITY USE. | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN C INGBAR | PRESIDENT/DIRECTOR | — | — |
| ERIC E INGBAR | DIRECTOR | — | — |
| DAVID H INGBAR | DIRECTOR / SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nara Fund Inc?
Nara Fund Inc is a private foundation focused on Arts and culture, based in THETFORD, VT. It holds $2.3M in total assets as of 2024.
How large is Nara Fund Inc?
As of 2024, Nara Fund Inc holds $2.3M in total assets with $311K in annual revenue. It awarded 12 grants totaling $119K in 2024.
Where does Nara Fund Inc operate?
Nara Fund Inc has awarded grants in California, District of Columbia, Massachusetts, Michigan, Minnesota, Nevada, New York, Oregon, Virginia, Vermont.
What size grants does Nara Fund Inc award?
In 2024, Nara Fund Inc awarded 12 grants totaling $119K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Nara Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nara Fund Inc reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nara Fund Inc's EIN?
Nara Fund Inc's EIN (Employer Identification Number) is 13-3060101. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nara Fund Inc'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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