Nassimi Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $51K in total assets. In 2024, it awarded 23 grants totaling $837K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$51K
-29.8% YoY
Annual Giving
$837K
+32.2% YoY
Grant Count
23
+2200.0% YoY
Avg Grant Size
$36K
-94.3% YoY
Under IRS private-foundation payout rules, Nassimi Family Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Nassimi Family Foundation Inc
Based on IRS filings
Nassimi Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $51K in total assets. In 2024, it awarded 23 grants totaling $837K.
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 | $50,729 | $72,290 | $114,998 |
| Revenue | $826,129 | $595,912 | $294,570 |
| Expenses | $847,690 | $638,620 | $298,850 |
| Qualifying Distributions | $845,929 | $632,863 | $289,577 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,409 | $3,309 | $3,721 |
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
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aghajan and Malakeh Nassimi Trust ($342,000), United Mashadi Jewish Community of America ($217,160), Umjca Programming Llc ($110,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGHAJAN AND MALAKEH NASSIMI TRUST | TO MAKE CHARITABLE GIFTS TO ACCOMPLISH TRUST'S RELIGIOUS AND EDUCATIONAL PURPOSES | $342,000 |
| CIRCOLO NOAM | TO SUPPORT TALMUD TORAH RELIGIOUS EDUCATION | $96,000 |
| COMUNITA EBRAICA DI MILANO | TO SUPPORT SCHOOL TUITION AND OTHER EXPENSES OF NEEDY FAMILIES | $49,725 |
| CONGREGATION EMUNAS YISROEL BROOKLYN, NY | GENERAL SUPPORT | $720 |
| CONGREGATION SHAARE DINA NEW YORK, NY | GENERAL SUPPORT | $3,000 |
| EDUCATIONAL INSTITUTE OF OHOLEI TORAH BROOKLYN, NY | GENERAL SUPPORT | $4,600 |
| EZER LANITZRACH BROOKLYN, NY | GENERAL SUPPORT | $1,800 |
| FEDERATION OF JEWISH COMMUNITIES OF THE CIS NEW YORK, NY | GENERAL SUPPORT | $1,000 |
| FRIENDS OF CHABAD OF HAMBURG BROOKLYN, NY | GENERAL SUPPORT | $3,600 |
| LEZION BERINA | GENERAL SUPPORT | $260 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE NASSIMI CO NASSIMI CORP | DIRECTOR | 0.1 | — |
| EDWARD NASSIMI CO NASSIMI CORP | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nassimi Family Foundation Inc?
Nassimi Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $51K in total assets as of 2024.
How large is Nassimi Family Foundation Inc?
As of 2024, Nassimi Family Foundation Inc holds $51K in total assets with $826K in annual revenue. It awarded 23 grants totaling $837K in 2024.
Where does Nassimi Family Foundation Inc operate?
Nassimi Family Foundation Inc has awarded grants in California, Colorado, Maryland, New Jersey, New York.
What size grants does Nassimi Family Foundation Inc award?
In 2024, Nassimi Family Foundation Inc awarded 23 grants totaling $837K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Nassimi Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nassimi Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nassimi Family Foundation Inc's EIN?
Nassimi Family Foundation Inc's EIN (Employer Identification Number) is 13-3781329. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Nassimi Family Foundation Inc'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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