Nasdaq Educational Foundation Inc
Nasdaq Educational Foundation Inc is a private foundation based in Rockville, Maryland. Its grantmaking supports efforts to expand economic opportunity, strengthen financial knowledge and investor engagement, and help entrepreneurs and communities access resources for wealth creation.
Nasdaq Educational Foundation Inc at a glance
In short: Nasdaq Educational Foundation Inc gave $1.0M across 13 grants in 2024 (avg $79K), top state Illinois. 83% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,022,000
- -24.2% vs 2023
- Grants made (2024)
- 13
- +0.0% vs 2023
- Average grant
- $78,615
- -24.2% vs 2023
- Median grant
- $75,000
- Total assets
- $32,523,224
- +12.0% vs 2023
- New grantees (estimate)
- 83% first-time grantees (10 of 12, 2024; small sample)
- Primary geography
- Illinois (27% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Nasdaq Educational Foundation Inc
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Its current program materials describe an EOI process through the grants portal, followed by invitations for selected applicants to submit full proposals.
- Review Cycle
- The website lists EOI deadlines of February 13 and July 31, 2026.
- Deadline
- The website lists EOI deadlines of February 13 and July 31, 2026.
- Contact
Mailing address: 805 King Farm Boulevard, Rockville, MD 20850
Phone: (212) 401-8700
Website: https://nasdaq.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Nasdaq Educational Foundation Inc
Who Nasdaq Educational Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Opportunity International Inc ($150K). Together the top 10 received $922K.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was in the $50–100K range: 20 grants of 51 (39%).
Geographic Focus
Where this funder awards grants
The 2024 grants went to recipients in multiple states. By share of grant dollars, Illinois received 27%, California 13%, and New York, Oregon, and Michigan 10% each. The listed grant purposes also include work in Mexico and communities across the United States.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Is Nasdaq Educational Foundation Inc open to new grantees?
83%
first-time grantees, 2024
In 2024, 10 of 12 grantees (83%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $82K; repeat grants $100K. How we count
Medians: $75K first-time, $100K repeat.
- 17% of 2024 grantees were also funded in 2023. Method
- Giving grew 176% from 2021 to 2024. Method
- In 2024 it paid out 70% 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 (2020–2024). 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 2024, annual grant giving ranged from $370K (2021) to $2.2M (2022). In 2024 it made 13 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Opportunity International Inc Chicago, IL | Women as Agents of Change | $150,000 |
| Social Good Fund Inc Richmond, CA | HBCUVC Capital Access Communities | $117,000 |
| Legal Aid Society New York, NY | Legal assistance to small business owners in under-resourced communities of New York city | $100,000 |
| Mercy Corps Portland, OR | Nasdaq foundation and micromentor - empowering women entrepreneurs in mexico 2024 | $100,000 |
| Wayne State Univ Research & Technology Park in the City of Detroit Detroit, MI | Techtown Start Studio Accelerator for Diverse Founders | $100,000 |
| Future Founders Foundation Chicago, IL | Future Founders 18- to 30-Year-Old Entrepreneurship Programs | $75,000 |
| Project Vida El Paso, TX | Empowering underserved communities: project vida's microenterprise technical assistance program in el Paso county, tx | $75,000 |
| 3RD Decade Inc Tucson, AZ | 3RD Decade's Financial Education and Mentoring Program | $65,000 |
| Green America Washington, DC | Responsible finance program expansion: eliminating barriers for new savers and investors | $60,000 |
| Neighboorhood Allies Inc Pittsburgh, PA | Building wealth by creating investment opportunities for black women | $60,000 |
Ready to take the next step with Nasdaq Educational Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $32,523,224 | $4,561,340 | $3,417,595 | $1,022,000 | 13 | $1,051,919 | $961,558 | $1,510,893 |
| 2023 | $29,042,260 | $4,136,342 | $1,278,100 | $1,349,000 | 13 | $1,464,503 | $599,405 | $1,216,058 |
| 2022 | $23,659,213 | $2,741,622 | $2,956,469 | $2,219,421 | 17 | $2,410,900 | $259,022 | $1,187,002 |
| 2021 | $28,937,508 | $5,485,056 | $851,482 | $370,000 | 5 | $370,000 | $313,699 | $1,155,015 |
| 2020 | $21,022,412 | $10,939,895 | $309,183 | $452,657 | 3 | — | $3,062,597 | $663,585 |
Under IRS private-foundation payout rules, Nasdaq Educational Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says it works to connect business, capital, and innovative ideas to advance global economies and local communities, with a focus on greater access in investor engagement. Its program materials emphasize supporting under-resourced communities with financial knowledge and tools to participate in wealth creation, and supporting entrepreneurs with resources to strengthen and scale their businesses.
Its stated areas of impact include financial literacy and resilience; access to capital; investor identity; employee and community ownership; and regional revitalization and rural wealth building. Program guidance describes support for financial education that includes learning about capital-market investing, access to investing and wealth-creation tools, and mentoring and capital access for under-resourced founders. The foundation generally does not fund financial-literacy projects focused exclusively on K–12 education.
The 2024 grants illustrate support for organizations with varied missions. For example, Opportunity International describes its work as providing financial solutions, support, and training to people living in poverty in developing countries. Future Founders says it builds an inclusive community of young entrepreneurs and entrepreneurial-minded leaders. 3rd Decade describes its work as financial education and mentorship for young adults, with a focus on low- to moderate-income individuals. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation reported 13 grants totaling $1,022,000. Grants ranged from $20,000 to $150,000, with a median of $75,000. The largest awards included $150,000 to Opportunity International for “Women as Agents of Change”; $117,000 to Social Good Fund for “HBCUVC Capital Access Communities”; and $100,000 each to the Legal Aid Society for legal assistance to small-business owners in under-resourced New York City communities, Mercy Corps for a women-entrepreneur program in Mexico, and Wayne State University Research & Technology Park for an accelerator for diverse founders.
Other listed 2024 awards included $75,000 to Future Founders Foundation and $75,000 to Project VIDA; $65,000 to 3rd Decade; $60,000 each to Green America and Neighborhood Allies; and $50,000 each to Mujeres Latinas en Acción and Penny Forward.
The website describes an Economic Opportunity Grant Program. Its application process calls for an Expression of Interest (EOI); selected applicants are invited to submit a full proposal, and not all applicants advance. The EOI requests information including the project title, requested amount, project dates, project description, intended community, measurable objectives, and organizational mission and financial sustainability. The stated eligibility includes IRS §501(c)(3) tax-exempt organizations, as well as a for-profit business or consultant applying on behalf of a qualified tax-exempt entity or through a tax-exempt fiscal sponsor.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jailan Griffiths as president, Dana Laidhold as treasurer, and Jeremy Skule as chairman. It lists Amma Anaman as secretary through October 2024 and Mary Dear as secretary effective October 2024. Angela Burruss is listed as program manager and assistant secretary. Board members listed are Catherine Addona-Pena, Michelle Daly, Michael Davis, and Jameel Johnson.
Nasdaq Educational Foundation Inc is led by Jailan Griffiths, President on every filing since 2021; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jailan Griffiths
President
On filings since 2021
1 hr/week
No compensation reported
Jeremy Skule
Chairman
On filings since 2021
1 hr/week
No compensation reported
Amma Anaman
Secretary
On filings since 2021
6 hrs/week
No compensation reported
Angela Burruss
Prg Manager & Assistant Secretary
On filings since 2021
1 hr/week
No compensation reported
Jameel Johnson
Board Member
On filings since 2021
1 hr/week
No compensation reported
Dana Laidhold
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Catherine Addona-Pena
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Mary Dear
Secretary
New on the 2024 filing
6 hrs/week
No compensation reported
Michael Davis
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Michelle Daly
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (12)
- Former: C. Nelson Griggs (2020–2023) — Board Member · Filing note: Thru mar 2023
- Former: Ann Dennison (2021–2023) — Board Member · Filing note: Thru mar 2023
- Former: Catherine Addona-Pena Eff Aug (2023) — Board Member
- Former: Michael O. Davis Eff Aug (2023) — Board Member
- Former: Michelle Daly Eff Aug (2023) — Board Member
- Former: Evan Harvey (2021–2022) — Vice President
- Former: Mark Campisi (2021–2022) — Treasurer
- Former: Adena Friedman (2020) — Director
- Former: Joan C. Conley (2020) — Secretary
- Former: Marc Samuel (2020) — Assistant Treasurer
- Former: Michael Ptasznik (2020) — Director
- Former: Scott Kaplan (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 Nasdaq Educational Foundation Inc
How much does Nasdaq Educational Foundation Inc give each year?
Nasdaq Educational Foundation Inc gave $1.0M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 13 grants.
What is Nasdaq Educational Foundation Inc's typical grant size?
Nasdaq Educational Foundation Inc's median grant in 2024 was $75,000, and its average grant was $78,615, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Nasdaq Educational Foundation Inc that year got $82K on average.
Where does Nasdaq Educational Foundation Inc give grants?
Nasdaq Educational Foundation Inc's top state is Illinois, with 27% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (13%) and New York (10%). The most frequent recipient cities were Chicago, IL (3 grants) and Richmond, CA (2 grants).
Does Nasdaq Educational Foundation Inc give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Nasdaq Educational Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Nasdaq Educational Foundation Inc's largest grantees?
Nasdaq Educational Foundation Inc's largest 2024 grantees include Opportunity International Inc ($150,000), Social Good Fund Inc ($137,000 across 2 grants) and Legal Aid Society ($100,000), according to its 2024 IRS Form 990-PF. Together they received 38% of its itemized 2024 grant dollars.
How large is Nasdaq Educational Foundation Inc?
Nasdaq Educational Foundation Inc reported $32.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.5M (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 Nasdaq Educational Foundation Inc fund?
The foundation says it works to connect business, capital, and innovative ideas to advance global economies and local communities, with a focus on greater access in investor engagement. See mission & focus areas ↑
How do I apply for a grant from Nasdaq Educational Foundation Inc?
The foundation states that it does not accept unsolicited requests for funds and 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 Nasdaq Educational Foundation Inc's EIN?
Nasdaq Educational Foundation Inc's EIN (Employer Identification Number) is 52-1864429. IRS Form 990 filing data is available on this page for 2020–2024.
Does Nasdaq Educational Foundation 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Nasdaq Educational Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Maryland
Ewing Marion Kauffman Foundation
Kansas City, MO
The foundation funds college access and completion, workforce and career development, entrepreneurship, and related efforts to improve economic mobility, with a primary focus on Kansas City and support for regional and national work. Its 2024 grants had a median of $75,000; it accepts requests through its online portal and says it does not limit giving to preselected organizations.
Assets
$2.5B
Grants
364
Total Given
$95.0M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Annie E Casey Foundation Inc
Baltimore, MD
The Annie E. Casey Foundation funds U.S. nonprofits and other partners working to improve outcomes for children and young people, including family strengthening, child welfare, education, employment, community development and juvenile justice. In 2024, grants ranged from $50 to $1,185,000, with a median of $40,000. Grants are by invitation only; it does not accept unsolicited requests.
Assets
$2.3B
Grants
1,462
Total Given
$93.1M
The Harry and Jeanette Weinberg
Owings Mills, MD
The Harry and Jeanette Weinberg Foundation funds direct services, programs, general operations, and capital projects in housing, health, jobs, education, and aging for low-income and vulnerable people. Its 2024 grants had a median of $50,000; its Small Grants Program offers up to $50,000 over two years, with funding focused on Baltimore, Hawaiʻi, Israel, and Northeastern Pennsylvania. It awards grants by invitation only and does not accept unsolicited requests.
Assets
$1.8B
Grants
872
Total Given
$127.8M
Johns Hopkins University
Baltimore, MD
Johns Hopkins University funds a broad range of education, research, health, and community-related work, with 2025 grants ranging from $5,500 to nearly $95 million and a median of $100,000; many of the largest awards were sub-awards. Its grants went to organizations across the U.S., with the largest shares in California and Maryland, and the profile does not state whether it accepts unsolicited requests.
Assets
$25.3B
Grants
813
Total Given
$594.1M
More similar funders
More Funders in Maryland
Cite this profile
Grantable. (2026). Nasdaq Educational Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/nasdaq-educational-foundation-inc-morg_6ff89f927b00420cb3a490b8c2b44afb
BibTeX
@misc{grantable_521864429_2026,
author = {{Grantable}},
title = {{Nasdaq Educational Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nasdaq-educational-foundation-inc-morg_6ff89f927b00420cb3a490b8c2b44afb},
note = {Accessed 2026-10-12. 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 Nasdaq Educational Foundation 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.
Nasdaq Educational Foundation Inc down — hundreds of funders to go?