Nast Family Foundation Inc

Foundation · Grantmaker West Bend, WI EIN: 90-0861311

Nast Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in West Bend, WI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 14 grants totaling $6.5M. Net investment income was $100K.

Key facts about Nast Family Foundation Inc

In short: Nast Family Foundation Inc gave $6.5M across 14 grants in 2023 (avg $465K), mostly in Missouri. 36% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.

EIN
90-0861311
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$6,510,098
Grants made (2023)
14
Average grant
$465,007
Median grant
$50,000
New grantees (estimate)
36% first-time grantees (5 of 14, 2023)
Primary geography
Missouri (90% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$6.5M

+1814.7% YoY

Grant Count

14

+27.3% YoY

Avg Grant Size

$465K

+1404.4% YoY

Under IRS private-foundation payout rules, Nast Family Foundation Inc reported a distributable amount of $267K for 2023 — the minimum it must pay out in qualifying distributions.

Is Nast Family Foundation Inc open to new grantees?

36%

first-time grantees, 2023

In 2023, 5 of 14 grantees (36%) were first-time recipients. First grants averaged $1.2M; repeat grants $61K. How we count

Medians: $50K first-time, $50K repeat.

  • 43% of 2023 grantees were also funded in 2022. Method
  • Giving grew 2145% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 14 itemized 2023 grant dollars.

Cities

West BendMilwaukeeWauwatosaMadisonSlingerBoulder JunctionKansas CityManitowocMenomonee FallsSturgeon Bay

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M13 grants202011 grants202111 grants202214 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Greater Horizons: $5.8MGreater Horizons$5.8MChildren's Hospital Foundation: $200KChildren's Hospital Foundation$200KHunger Task Force: $100KHunger Task Force$100KMake-a-Wish Foundation: $60KMake-a-Wish Foundation$60KMuseum of Wisconsin Art: $60KMuseum of Wisconsin Art$60KCamp Manitowish YMCA Inc: $50KCamp Manitowish YMCA Inc$50KCedar Lake Conservation Foundation: $50KCedar Lake ConservationFoundation$50KHoly Family Memorial Inc: $50KHoly Family Memorial Inc$50KMarch of Dimes: $35KMarch of Dimes$35KKettle Moraine YMCA: $25KKettle Moraine YMCA$25K

Grant Size Distribution

49 grants across all recorded years

35<$50K10$50–100K3$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GREATER HORIZONS Kansas City, MOCONTRIBUTIONS TO ESTABLISH FIRST PRINCIPLE FOUNDATION, JESSICA NAST FAMILY FUND, AND NAST PICCIOLO FAMILY FUND$5,835,098
CHILDREN'S HOSPITAL FOUNDATION Wauwatosa, WIFAMILY JUSTICE CENTER OPERATING EXPENSES; ADDITION PROGRAMS (IE: HUMAN TRAFFICKING)$200,000
HUNGER TASK FORCE Milwaukee, WIFUNDS FOR A NEW CENTRAL LOCATION$100,000
MAKE-A-WISH FOUNDATION Wauwatosa, WIPROGRAM SUPPORT$60,000
MUSEUM OF WISCONSIN ART West Bend, WIFELLOWSHIP SPONSOR$60,000
CAMP MANITOWISH YMCA INC Boulder Junction, WIREBUILDING OF WATERFRONT ACTIVITY AREA AT THE CAMP$50,000
CEDAR LAKE CONSERVATION FOUNDATION West Bend, WIPROPERTY ACQUISITION FUND$50,000
HOLY FAMILY MEMORIAL INC Manitowoc, WIPROGRAM SUPPORT$50,000
MARCH OF DIMES Madison, WIPROGRAM SUPPORT$35,000
KETTLE MORAINE YMCA West Bend, WIMEMBERSHIP SUPPORT$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020202120222023
Metric202320222021
Total Assets—$4,557,034$5,104,905
Revenue$114,202$-158,805$944,919
Expenses$6,569,171$389,066$303,965
Qualifying Distributions$6,521,848$346,000$286,520
Net Investment Income$99,834$152,312$929,544
Distributable Amount$267,498$317,730$341,622

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Nast Family Foundation Inc is led by Jessica M. Nast, Director & President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Jessica M. Nast

    Director & President

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Kathryn M. Nast Picciolo

    Director & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael F. Nast

    Director & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Michelle R. Nast (2020–2022) — Vice President
  • Former: V. Frederick Nast III (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2023. "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 Nast Family Foundation Inc

How much does Nast Family Foundation Inc give each year?

Nast Family Foundation Inc gave $6.5M across 14 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $340K across 11 grants.

What is Nast Family Foundation Inc's typical grant size?

Nast Family Foundation Inc's median grant in 2023 was $50,000, and its average grant was $465,007, across 14 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Nast Family Foundation Inc that year got $1.2M on average.

Where does Nast Family Foundation Inc give grants?

Nast Family Foundation Inc gives mostly in Missouri: 90% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (10%). The most frequent recipient cities were West Bend, WI (4 grants), Milwaukee, WI (3 grants) and Wauwatosa, WI (2 grants).

Does Nast Family Foundation Inc give general operating support?

Occasionally: 7% of Nast Family Foundation Inc's 2023 grants with a stated purpose (1 of 14) were for general or operating support, per its 2023 IRS Form 990-PF. Recurring purposes include "Program Support" (4 grants).

Who are Nast Family Foundation Inc's largest grantees?

Nast Family Foundation Inc's largest 2023 grantees include Greater Horizons ($5,835,098), Children's Hospital Foundation ($200,000) and Hunger Task Force ($100,000), according to its 2023 IRS Form 990-PF. Together they received 94% of its itemized 2023 grant dollars.

What is Nast Family Foundation Inc?

Nast Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in West Bend, WI. It holds — in total assets as of 2023.

How much is Nast Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Nast Family Foundation Inc reported a distributable amount of $267K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nast Family Foundation Inc's EIN?

Nast Family Foundation Inc's EIN (Employer Identification Number) is 90-0861311. IRS Form 990 filing data is available on this page for 2020–2023.

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

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