Nareit Foundation

WASHINGTON, DC EIN: 20-0455984

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BaltimoreBethesdaColumbiaHiloHonoluluHoolehuaKapaaLihueNew YorkOaklandSan FranciscoWaianaeWaikoloaWailukuWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$831K$2M$2M$3M20202021202220232024
Metric202420232022
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

$0$224K$448K$671K$895K5 grants202010 grants202110 grants202216 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOMEAID HAWAII$150KWAIANAE COMMUNITY RE-DEV…$100KHAWAIIAN COMMUNITY ASSETS$75KACCELERATE 500 INC DBA 1…$50KMANAGEMENT LEADERSHIP FO…$50KNASDAQ ENTREPRENEURIAL C…$50KPARADIGM FOR PARITY INC$50KPROJECT DESTINED$50KROBERT TOIGO FOUNDATION$50KUSBC COMMUNITY ECONOMIC …$50K

Grant Size Distribution

59 grants across all recorded years

29<$50K22$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN WECHSLERPRESIDENT
CATHERINE BARRETREASURER & SECRETARY1
MARK J PARRELLCHAIR
THOMAS A BARTLETTBOARD MEMBER (THRU 2/1/24)
CONOR C FLYNNBOARD MEMBER
W MATTHEW KELLYBOARD MEMBER
MARGUERITE M NADERBOARD MEMBER
LISA PALMERBOARD MEMBER
JAMES F RISOLEOBOARD MEMBER1
SUMIT ROYBOARD MEMBER
DONALD C WOODBOARD MEMBER1
LESLIE D HALECHAIR
THOMAS J BALTIMORE JRBOARD MEMBER1
CONOR C FLYNNBOARD MEMBER
W MATTHEW KELLYBOARD MEMBER
LISA PALMERBOARD MEMBER
MARK J PARRELLBOARD MEMBER
JAMES F RISOLEOBOARD MEMBER1
SUMIT ROYBOARD MEMBER
STEVEN VONDRANBOARD MEMBER

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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