Nath Foundation

Private foundation · Grantmaker Cary, NC EIN: 36-4474697

Nath Foundation is a private foundation based in Cary, North Carolina. Its 2025 filing reports 10 grants totaling $517,204, including a $493,339 grant to Fidelity Donor Advised Fund.

Key facts about Nath Foundation

In short: Nath Foundation gave $517K across 10 grants in 2025 (avg $52K), mostly in Ohio. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
36-4474697
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$517,204
Grants made (2025)
10
Average grant
$51,720
Median grant
$100
New grantees (estimate)
40% first-time grantees (4 of 10, 2025)
Primary geography
Ohio (95% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation stated in its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$517K

+2336.8% YoY

Grant Count

10

-54.5% YoY

Avg Grant Size

$52K

+5260.9% YoY

Under IRS private-foundation payout rules, Nath Foundation reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

Is Nath Foundation open to new grantees?

40%

first-time grantees, 2025

In 2025, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $126K; repeat grants $2K. How we count

Medians: $6K first-time, $75 repeat.

  • 60% of 2025 grantees were also funded in 2024. Method
  • Giving grew 1929% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose stated work includes education and primary healthcare in rural India. Ekal Vidyalaya Foundation of USA describes its mission as setting up one-teacher schools to provide free elementary education and primary healthcare to children in remote and rural India. Asha for Education describes its mission as catalyzing socioeconomic change in India through education for underprivileged children.

Grantmaking

In 2025, the foundation gave 10 grants totaling $517,204. The median grant was $100; grants ranged from $25 to $493,339. The largest grant was $493,339 to Fidelity Donor Advised Fund in Cincinnati, Ohio. Other grants included $11,801 to MBM Alumni Association and $10,140 to Hindu Society of North Carolina. Ekal Vidyalaya Foundation of USA received $1,599, and Asha for Education received $100.

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Geographic Focus

Where this funder awards grants

The 2025 filing reports that 95% of grant dollars went to recipients in Ohio, 2% to recipients in North Carolina, and 2% to recipients in an unidentified state. Listed recipients also included organizations in Texas, California, Missouri, Washington, D.C., Massachusetts, Michigan, and New York.

Grant Distribution by State

14states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

RaleighHoustonMorrisvilleWashingtonColumbiaDallasCaryHillsdaleNashvilleNew YorkOklahomaRochesterSan FranciscoBrooklynButnerCincinnatiDurhamFairfieldGaithersburgHenderson

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K12 grants2020 15 grants2021 19 grants2022 20 grants2023 22 grants2024 10 grants2025

From 2020 to 2025, annual grant giving ranged from $15K (2020) to $517K (2025). In 2025 it made 10 grants totaling $517K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Fidelity Donor Advised Fund: $493KFidelity Donor Advised Fund$493KMBM Alumni Association: $12KMBM Alumni Association$12KHindu Society of North Carolina: $10KHindu Society of NorthCarolina$10KEkal Vidyalaya Foundation of USA: $2KEkal Vidyalaya Foundation ofUSA$2KAsha for Education: $100Asha for Education$100University of Missiouri: $100University of Missiouri$100Heritage Foundation: $50Heritage Foundation$50Walpole Public Schools: $25Walpole Public Schools$25Hillsdale College: $25Hillsdale College$25Colel Chabad: $25Colel Chabad$25

The largest 2025 recipient was Fidelity Donor Advised Fund ($493K). Together the top 10 received $517K.

Grant Size Distribution

86 grants across all recorded years

85<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 85 grants of 86 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Donor Advised Fund Cincinnati, OHUnrestricted$493,339
MBM Alumni Association Unrestricted$11,801
Hindu Society of North Carolina Morrisville, NCUnrestricted$10,140
Ekal Vidyalaya Foundation of USA Houston, TXUnrestricted$1,599
Asha for Education Los Angeles, CAUnrestricted$100
University of Missiouri Columbia, MOUnrestricted$100
Heritage Foundation Washington, DCUnrestricted$50
Walpole Public Schools Walpole, MAUnrestricted$25
Hillsdale College Hillsdale, MIUnrestricted$25
Colel Chabad Brooklyn, NYUnrestricted$25

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 Not reported $25,758 $523,091 $517,204
2024 $497,333 $28,717 $27,561 $21,225
2023 $496,177 $14,449 $29,432 $22,162
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$497,333$496,177
Revenue$25,758$28,717$14,449
Expenses$523,091$27,561$29,432
Qualifying Distributions$517,204$21,225$22,162
Net Investment Income$19,871$22,381$7,179
Distributable Amount$22,564$23,850$21,146

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 20, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 3, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Hari Nath and Kalpana Nath as directors.

Nath Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Hari Nath

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Kalpana Nath

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 102 Loch Stone Lane, Cary, NC 27518
Phone: (919) 803-0478

Frequently asked questions about Nath Foundation

How much does Nath Foundation give each year?

Nath Foundation gave $517K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 22 grants.

What is Nath Foundation's typical grant size?

Nath Foundation's median grant in 2025 was $100, and its average grant was $51,720, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Nath Foundation that year got $126K on average.

Where does Nath Foundation give grants?

Nath Foundation gives mostly in Ohio: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Nath Foundation give general operating support?

Yes: 100% of Nath Foundation's 2025 grants with a stated purpose (10 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Nath Foundation's largest grantees?

Nath Foundation's largest 2025 grantees include Fidelity Donor Advised Fund ($493,339), MBM Alumni Association ($11,801) and Hindu Society of North Carolina ($10,140), according to its 2025 IRS Form 990-PF.

What does Nath Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose stated work includes education and primary healthcare in rural India. See mission & focus areas ↑

How do I apply for a grant from Nath Foundation?

The foundation stated in its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is Nath Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Nath Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nath Foundation's EIN?

Nath Foundation's EIN (Employer Identification Number) is 36-4474697. IRS Form 990 filing data is available on this page for 2020–2025.

Does Nath Foundation 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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