MAKING GRANTS TO CHARITABLE, EDUCATIONAL, AND OTHER ORGANIZATIONS QUALIFIED AND RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; TAKING STEPS TO PROMOTE AND ADVANCE SOCIAL RESPONSIBILITY IN THE REAL ESTATE INVESTMENT TRUST INDUSTRY; AND SPONSORING EDUCATIONAL CONFERENCES OR PUBLISHING WRITTEN EDUCATIONAL MATERIAL DEALING WITH LEGAL, ACCOUNTING AND REGULATORY MATTERS CONCERNING REAL ESTATE INVESTMENT TRUSTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-21.2% YoY
Annual Giving
$895K
+1.1% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$50K
-10.1% YoY
About Nareit Foundation
Based on IRS filings
Nareit Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 18 grants totaling $895K. Net investment income was $80K.
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 | $2,301,967 | $2,922,444 | $2,887,761 |
| Revenue | $290,348 | $935,929 | $3,023,152 |
| Expenses | $910,825 | $901,246 | $496,328 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $80,348 | $88,305 | $8,152 |
| 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 10 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Homeaid Hawaii ($150,000), Waianae Community Re-development Corporation ($100,000), Hawaiian Community Assets ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOMEAID HAWAII HONOLULU, HI | CHARITABLE GRANT | $150,000 |
| WAIANAE COMMUNITY RE-DEVELOPMENT CORPORATION WAIANAE, HI | CHARITABLE GRANT | $100,000 |
| HAWAIIAN COMMUNITY ASSETS HONOLULU, HI | CHARITABLE GRANT | $75,000 |
| ACCELERATE 500 INC DBA 1863 VENTURES WASHINGTON, DC | CHARITABLE GRANT | $50,000 |
| MANAGEMENT LEADERSHIP FOR TOMORROW BETHESDA, MD | CHARITABLE GRANT | $50,000 |
| NASDAQ ENTREPRENEURIAL CENTER INC SAN FRANCISCO, CA | CHARITABLE GRANT | $50,000 |
| PARADIGM FOR PARITY INC NEW YORK, NY | CHARITABLE GRANT | $50,000 |
| PROJECT DESTINED WASHINGTON, DC | CHARITABLE GRANT | $50,000 |
| ROBERT TOIGO FOUNDATION OAKLAND, CA | CHARITABLE GRANT | $50,000 |
| USBC COMMUNITY ECONOMIC DEVELOPMENT CORPORATION WASHINGTON, DC | CHARITABLE GRANT | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN WECHSLER | PRESIDENT | — | — |
| CATHERINE BARRE | TREASURER & SECRETARY | 1 | — |
| MARK J PARRELL | CHAIR | — | — |
| THOMAS A BARTLETT | BOARD MEMBER (THRU 2/1/24) | — | — |
| CONOR C FLYNN | BOARD MEMBER | — | — |
| W MATTHEW KELLY | BOARD MEMBER | — | — |
| MARGUERITE M NADER | BOARD MEMBER | — | — |
| LISA PALMER | BOARD MEMBER | — | — |
| JAMES F RISOLEO | BOARD MEMBER | 1 | — |
| SUMIT ROY | BOARD MEMBER | — | — |
| DONALD C WOOD | BOARD MEMBER | 1 | — |
| LESLIE D HALE | CHAIR | — | — |
| THOMAS J BALTIMORE JR | BOARD MEMBER | 1 | — |
| CONOR C FLYNN | BOARD MEMBER | — | — |
| W MATTHEW KELLY | BOARD MEMBER | — | — |
| LISA PALMER | BOARD MEMBER | — | — |
| MARK J PARRELL | BOARD MEMBER | — | — |
| JAMES F RISOLEO | BOARD MEMBER | 1 | — |
| SUMIT ROY | BOARD MEMBER | — | — |
| STEVEN VONDRAN | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nareit Foundation?
Nareit Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in WASHINGTON, DC. It holds $2.3M in total assets as of 2024.
How large is Nareit Foundation?
As of 2024, Nareit Foundation holds $2.3M in total assets with $290K in annual revenue. It awarded 18 grants totaling $895K in 2024.
Where does Nareit Foundation operate?
Nareit Foundation has awarded grants in California, District of Columbia, Hawaii, Maryland, New York, South Carolina.
What size grants does Nareit Foundation award?
In 2024, Nareit Foundation awarded 18 grants totaling $895K — an average of about $50K per grant, based on its IRS Form 990 filings.
What is Nareit Foundation's EIN?
Nareit Foundation's EIN (Employer Identification Number) is 20-0455984. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nareit Foundation'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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