Nasdaq Educational Foundation Inc
The Nasdaq Foundation (formerly known as Nasdaq Educational Foundation Inc.) is a 501(c)(3) corporate foundation established in 1993 and headquartered in Rockville, Maryland. The organization operates as a company-sponsored foundation focused on expanding financial opportunity and entrepreneurial access in under-resourced communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.5M
+12.0% YoY
Annual Giving
$1.0M
-24.2% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$79K
-24.2% YoY
Mission & Focus Areas
The Nasdaq Foundation works to support under-resourced communities by reimagining investor engagement and equipping communities with the financial knowledge needed to share in the wealth that markets create.
The foundation prioritizes grants in the following areas:
- Financial Literacy: Enhancing financial literacy among under-resourced communities with an element of teaching participants how to invest in the capital markets (though generally does not fund financial literacy projects focused exclusively on K-12 education)
- Investment Access: Improving access to knowledge and tools for investing and wealth creation among under-resourced communities
- Entrepreneurship Support: Equipping under-resourced founders with mentoring and resources
- Capital Access: Improving access to capital for under-resourced founders
Grantmaking
Grant Range
is $75,000, with no set minimum or maximum amount.
Average Grant
is $75,000, with no set minimum or maximum amount.
Review Cycle
**: The foundation operates on a quarterly grant cycle with the following application deadlines:
How to Apply
**: Organizations may submit proposals through the CyberGrants online application portal. There is no limit to the number of proposals a single entity may submit at one time.
Ready to take the next step with Nasdaq Educational Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $29,042,260
- Total Revenues: $4,136,342
- Total Expenses: $1,278,100
- Total Liabilities: $424,000
- Total Grants Made: $4,553,701
- Investment Income and Dividends: $645,939
Revenue Growth: Total grants and contributions increased 47.4% from 2022 ($2,375,000) to 2023 ($3,500,000). Investment income and dividends increased 36% over the same period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,523,224 | $29,042,260 | $23,659,213 |
| Revenue | $4,561,340 | $4,136,342 | $2,741,622 |
| Expenses | $3,417,595 | $1,278,100 | $2,956,469 |
| Qualifying Distributions | $1,051,919 | $1,464,503 | $2,410,900 |
| Net Investment Income | $961,558 | $599,405 | $259,022 |
| Distributable Amount | $1,510,893 | $1,216,058 | $1,187,002 |
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
51 grants across all recorded years
Open Grants
2 open opportunities from Nasdaq Educational Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President: Jailan Griffiths
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAILAN GRIFFITHS | PRESIDENT | 1 | — |
| DANA LAIDHOLD | TREASURER | 1 | — |
| AMMA ANAMAN | SECRETARY (TO 10/2024) | 6 | — |
| MARY DEAR | SECRETARY (EFF 10/2024) | 6 | — |
| ANGELA BURRUSS | PRG MGR AND ASST SEC | 1 | — |
| JEREMY SKULE | CHAIRMAN | 1 | — |
| CATHERINE ADDONA-PENA | BOARD MEMBER | 1 | — |
| MICHELLE DALY | BOARD MEMBER | 1 | — |
| MICHAEL DAVIS | BOARD MEMBER | 1 | — |
| JAMEEL JOHNSON | BOARD MEMBER | 1 | — |
Contact Information
Address: 805 King Farm Blvd, Rockville, MD 20850-6162
Phone: 212-401-8700
Website: www.nasdaq.com/nasdaq-foundation
Tax Status: 501(c)(3) organization; tax-exempt since March 1995; EIN 52-1864429
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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