Nathan J Esformes Foundation Inc

MIAMI, FL EIN: 85-4243879

Nathan J Esformes Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 7 grants totaling $1.1M. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+39.8% YoY

Annual Giving

$1.1M

+778.8% YoY

Grant Count

7

-53.3% YoY

Avg Grant Size

$155K

+1783.2% YoY

Under IRS private-foundation payout rules, Nathan J Esformes Foundation Inc reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.

About Nathan J Esformes Foundation Inc

Based on IRS filings

Nathan J Esformes Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 7 grants totaling $1.1M. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AtlantaBay Harbor IslandHollywoodLive OakMiamiMiami BeachMiami ShoresNew YorkNewportNorth Miami BeachPalmettoSarasotaStaten IslandWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$301K$603K$904K$1M20202021202220232024
Metric202420232022
Total Assets$1,787,521$1,279,019$1,461,237
Revenue$778,258$-35,908$79,531
Expenses$1,095,986$146,310$84,066
Qualifying Distributions$1,086,230$130,091$57,000
Net Investment Income$3,700$13,056
Distributable Amount$75,756$60,998$72,022

Giving Over Time

Total grant dollars and number of grants per year

$0$272K$543K$815K$1M0 grants20205 grants20211 grants202215 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

MOUNT SINAI MEDICAL CENTER$800KDIABETES RESEARCH$100KMOUNT SINAI MEDICAL CENTER$100KYOUNG PATRONESSES OF OPE…$30KASOLO REPERTORY THEATRE$26KDRANOFF 2 PIANO FOUNDATION$20KMIAMI NEW DRAMA$10K

Grant Size Distribution

28 grants across all recorded years

24<$50K1$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mount Sinai Medical Center ($800,000), Diabetes Research ($100,000), Mount Sinai Medical Center ($100,000).

RecipientPurposeAmount
DIABETES RESEARCH HOLLYWOOD, FLDONATION$100,000
DRANOFF 2 PIANO FOUNDATION MIAMI, FLDONATION$20,000
MOUNT SINAI MEDICAL CENTER MIAMI BEACH, FLDONATION$100,000
MOUNT SINAI MEDICAL CENTER MIAMI BEACH, FLDONATION$800,000
MIAMI NEW DRAMA MIAMI BEACH, FLDONATION$10,000
YOUNG PATRONESSES OF OPERA INC MIAMI, FLDONATION$30,000
ASOLO REPERTORY THEATRE SARASOTA, FLDONATION$26,230

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELIZABETH A ESFORMESPRESIDENT
TRACY RAPPA-SASAKISECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nathan J Esformes Foundation Inc?

Nathan J Esformes Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $1.8M in total assets as of 2024.

How large is Nathan J Esformes Foundation Inc?

As of 2024, Nathan J Esformes Foundation Inc holds $1.8M in total assets with $778K in annual revenue. It awarded 7 grants totaling $1.1M in 2024.

Where does Nathan J Esformes Foundation Inc operate?

Nathan J Esformes Foundation Inc has awarded grants in District of Columbia, Florida, Georgia, New York, Rhode Island.

What size grants does Nathan J Esformes Foundation Inc award?

In 2024, Nathan J Esformes Foundation Inc awarded 7 grants totaling $1.1M — an average of about $155K per grant, based on its IRS Form 990 filings.

How much is Nathan J Esformes Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nathan J Esformes Foundation Inc reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nathan J Esformes Foundation Inc's EIN?

Nathan J Esformes Foundation Inc's EIN (Employer Identification Number) is 85-4243879. IRS Form 990 filing data is available on this page for 2020–2024.

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

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