Nara Fund Inc
Nara Fund Inc is a private foundation based in Thetford, Vermont. Its 2025 filing reports contributions to charitable organizations in several states, including organizations working in food assistance, arts and culture, youth services, journalism, and community resources.
Nara Fund Inc at a glance
In short: Nara Fund Inc gave $126K across 13 grants in 2025 (avg $10K), top state New York. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $125,540
- +5.3% vs 2024
- Grants made (2025)
- 13
- +8.3% vs 2024
- Average grant
- $9,657
- -2.8% vs 2024
- Median grant
- $9,000
- Total assets
- $2,632,318
- +16.5% vs 2024
- New grantees (estimate)
- 8% first-time grantees (1 of 13, 2025; small sample)
- Primary geography
- New York (28% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Nara Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1318 Houghton Hill Road, Thetford, VT 05074
Phone: (805) 704-4692
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Nara Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Fund for Investigative Journalism ($25K). Together the top 10 received $116K.
Grant Size Distribution
70 grants across all recorded years
The most common grant size was under $50K: 70 grants of 70 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars went to recipients in New York (28%), Minnesota (24%), Nevada (23%), Vermont (14%), and Oregon (8%). The filing also lists a $3,500 grant to the Kenya International Chamber Music Festival in San Francisco, California.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
Is Nara Fund Inc open to new grantees?
8%
first-time grantees, 2025
In 2025, 1 of 13 grantees (8%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $4K; repeat grants $10K. How we count
Medians: $4K first-time, $10K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−14%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $111K (2023) to $146K (2022). In 2025 it made 13 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Fund for Investigative Journalism New York, NY | General Fund Donation | $25,000 |
| Friends in Service Helping Carson City, NV | Donation for Food Programs | $20,000 |
| Ready Set Smile Minneapolis, MN | General Fund Donation | $15,000 |
| The Metropolitan Opera New York, NY | $5000 for lindemann young artist development program; $5000 for hd live in schools and access opera | $10,000 |
| Saint Paul Chamber Orchestra Saint Paul, MN | Donation in support of the sandbox residency and new generation initiative | $10,000 |
| Circle of Friends Sisters, OR | General Fund Donation | $10,000 |
| Camp Care Nevada Foundation Reno, NV | General Fund Donation | $9,000 |
| Latham Memorial Library Thetford, VT | General Fund Donation | $7,040 |
| Theater Latt Da Minneapolis, MN | Support of theater latt da and the 2026 next festival | $5,000 |
| Vermont Foodbank Barre, VT | General Fund Donation | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,632,318 | $521,345 | $149,064 | $125,540 | 13 | $125,540 | $506,598 | $128,741 |
| 2024 | $2,260,037 | $311,034 | $136,679 | $119,225 | 12 | $119,225 | $311,034 | $121,040 |
| 2023 | $2,085,682 | $166,491 | $124,222 | $111,200 | 13 | $111,200 | $166,491 | $117,488 |
| 2022 | $2,043,413 | $134,539 | $167,189 | $146,499 | 15 | $146,499 | $134,539 | $130,261 |
| 2021 | $2,076,063 | $313,250 | $155,713 | $141,971 | 17 | $141,971 | $313,250 | $135,713 |
| 2020 | $1,918,526 | $101,047 | $152,805 | $140,655 | 16 | — | $91,770 | $125,394 |
Under IRS private-foundation payout rules, Nara Fund Inc reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for Nara Fund Inc is provided. Its 2025 grants included support for food programs, performing arts, youth services, investigative journalism, and community organizations.
Among its grantees, Friends in Service Helping describes its mission as providing food, clothing, instruction, shelter, and healthcare to people in four Nevada counties. Circle of Friends says it works to promote equal access and opportunity for underserved children and youth in Sisters, Oregon. Latham Memorial Library describes itself as a community gathering place providing access to information, and Vermont Foodbank says it gathers and shares food so that no one in Vermont goes hungry.
Grantmaking
In filing year 2025, Nara Fund Inc reported 13 grants totaling $125,540. Grants ranged from $3,000 to $25,000, with a median of $9,000.
Notable grants included $25,000 to The Fund for Investigative Journalism; $20,000 to Friends in Service Helping for food programs; $15,000 to Ready Set Smile; $10,000 each to The Metropolitan Opera, Saint Paul Chamber Orchestra, and Circle of Friends; and $7,040 to Latham Memorial Library.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jonathan C Ingbar as president/director, Eric E Ingbar as director, and David H Ingbar as director/secretary.
Nara Fund Inc is led by Jonathan C. Ingbar, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jonathan C. Ingbar
President & Director
On filings since 2020
No compensation reported
David H. Ingbar
Director & Secretary
On filings since 2020
No compensation reported
Eric E. Ingbar
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Nara Fund Inc
How much does Nara Fund Inc give each year?
Nara Fund Inc gave $126K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $119K across 12 grants.
What is Nara Fund Inc's typical grant size?
Nara Fund Inc's median grant in 2025 was $9,000, and its average grant was $9,657, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Nara Fund Inc that year got $4K on average.
Where does Nara Fund Inc give grants?
Nara Fund Inc's top state is New York, with 28% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (24%) and Nevada (23%). The most frequent recipient cities were New York, NY (2 grants), Minneapolis, MN (2 grants) and Thetford Center, VT (2 grants).
Does Nara Fund Inc give general operating support?
Yes: 69% of Nara Fund Inc's 2025 grants with a stated purpose (9 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Nara Fund Inc's largest grantees?
Nara Fund Inc's largest 2025 grantees include The Fund for Investigative Journalism ($25,000), Friends in Service Helping ($20,000) and Ready Set Smile ($15,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Nara Fund Inc?
Nara Fund Inc reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $126K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Nara Fund Inc fund?
No mission statement for Nara Fund Inc is provided. Its 2025 grants included support for food programs, performing arts, youth services, investigative journalism, and community organizations. See mission & focus areas ↑
How do I apply for a grant from Nara Fund Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does Nara Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
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Cite this profile
Grantable. (2026). Nara Fund Inc funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/nara-fund-inc-morg_0907543b67ff4fe5b296ab8a33035ce8
BibTeX
@misc{grantable_133060101_2026,
author = {{Grantable}},
title = {{Nara Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nara-fund-inc-morg_0907543b67ff4fe5b296ab8a33035ce8},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Nara Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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