Nassimi Family Foundation Inc
Nassimi Family Foundation Inc is a private foundation based in New York, NY. Its 2024 filing reports $836,725 in grants to 23 recipients, including organizations receiving general support and grants for religious education, charitable gifts, and school tuition and other expenses for families in need.
Key facts about Nassimi Family Foundation Inc
In short: Nassimi Family Foundation Inc gave $837K across 23 grants in 2024 (avg $36K), top state New York. Source: 2024 IRS Form 990-PF.
- EIN
- 13-3781329
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $836,725
- Grants made (2024)
- 23
- Average grant
- $36,379
- Median grant
- $1,000
- Total assets
- $50,729
- Primary geography
- New York (41% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
How Nassimi Family Foundation Inc gives
- Giving grew 386% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for religious and educational purposes, general support, and assistance with school tuition and other expenses for needy families.
Among its grantees, Noam Shabbos Inc describes its mission as providing financial and other assistance to needy persons and families in Israel. OHR HASHALOM describes its mission as providing assistance to nonprofit organizations in Israel. WE LOVE TO HELP says it investigates who is truly needy and prepares plans of economic assistance.
Grantmaking
In 2024, the foundation gave $836,725 through 23 grants. Grant amounts ranged from $100 to $342,000, with a median grant of $1,000.
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Geographic Focus
Where this funder awards grants
The 2024 grant list includes recipients in New York, as well as recipients whose locations are not specified. The filing reports that 41% of grant dollars went to recipients in New York; it also lists a 59% recipient-state share without identifying the state.
Grant Distribution by State
Share of 2024 grant dollars across all 23 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $172K (2021) to $837K (2024). In 2024 it made 23 grants totaling $837K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Aghajan and Malakeh Nassimi Trust ($342K). Together the top 10 received $830K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 19 grants of 26 (73%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Aghajan and Malakeh Nassimi Trust | To make charitable gifts to accomplish trust's religious and educational purposes | $342,000 |
| United Mashadi Jewish Community of America Great Neck, NY | General Support | $217,160 |
| Umjca Programming LLC Great Neck, NY | General Support | $110,000 |
| 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 |
| Educational Institute of Oholei Torah Brooklyn, NY | General Support | $4,600 |
| Friends of Chabad of Hamburg Brooklyn, NY | General Support | $3,600 |
| Congregation Shaare Dina New York, NY | General Support | $3,000 |
| Ezer Lanitzrach Brooklyn, NY | General Support | $1,800 |
| Maalot Kedoshim | General Support | $1,800 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $50,729 | $826,129 | $847,690 | $836,725 |
| 2023 | $72,290 | $595,912 | $638,620 | $632,863 |
| 2022 | $114,998 | $294,570 | $298,850 | $289,577 |
| 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 |
| Distributable Amount | $2,409 | $3,309 | $3,721 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists MIKE NASSIMI and EDWARD NASSIMI, both as directors.
Nassimi Family Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward Nassimi CO Nassimi Corp
Director
Manager → Director, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Mike Nassimi CO Nassimi Corp
Director
Manager → Director, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 550 Seventh Avenue 15Th Fl, New York, NY 10018
Phone: (212) 643-8080
Frequently asked questions about Nassimi Family Foundation Inc
How much does Nassimi Family Foundation Inc give each year?
Nassimi Family Foundation Inc gave $837K across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $633K across 1 grant.
What is Nassimi Family Foundation Inc's typical grant size?
Nassimi Family Foundation Inc's median grant in 2024 was $1,000, and its average grant was $36,379, across 23 grants on its 2024 IRS Form 990-PF.
Where does Nassimi Family Foundation Inc give grants?
Nassimi Family Foundation Inc's top state is New York, with 41% of the grant dollars itemized on its 2024 IRS Form 990-PF. The most frequent recipient cities were Brooklyn, NY (8 grants), Great Neck, NY (3 grants) and New York, NY (2 grants).
Does Nassimi Family Foundation Inc give general operating support?
Yes: 87% of Nassimi Family Foundation Inc's 2024 grants with a stated purpose (20 of 23) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Nassimi Family Foundation Inc's largest grantees?
Nassimi Family Foundation Inc's largest 2024 grantees include Aghajan and Malakeh Nassimi Trust ($342,000), United Mashadi Jewish Community of America ($217,160) and Umjca Programming LLC ($110,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is Nassimi Family Foundation Inc?
Nassimi Family Foundation Inc reported $51K in total assets on its 2024 IRS Form 990-PF. It paid out $846K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What does Nassimi Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants show support for religious and educational purposes, general support, and assistance with school tuition and other expenses for needy families. See mission & focus areas ↑
How do I apply for a grant from Nassimi Family Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it 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 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.
Does Nassimi Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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