Naught Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 9 grants totaling $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-52.7% YoY
Annual Giving
$21K
+6.4% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$2K
+18.2% YoY
Under IRS private-foundation payout rules, Naught Foundation Inc reported a distributable amount of $99 for 2024 — the minimum it must pay out in qualifying distributions.
About Naught Foundation Inc
Based on IRS filings
Naught Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 9 grants totaling $21K.
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 | $2,452 | $5,185 | $596 |
| Revenue | $18,700 | $24,500 | $28,400 |
| Expenses | $21,433 | $19,911 | $29,454 |
| Qualifying Distributions | $20,650 | $19,416 | $29,454 |
| Net Investment Income | — | — | — |
| Distributable Amount | $99 | $99 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whole Again ($11,150), Baldrige Foundation ($3,000), Eyes Open International ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WHOLE AGAIN CINCINNATI, OH | Unrestricted grant | $11,150 |
| BALDRIGE FOUNDATION WASHINGTON, DC | Unrestricted Grant | $3,000 |
| EYES OPEN INTERNATIONAL BLUE ASH, OH | Unrestricted grant | $2,000 |
| THE PARTNERSHIP FOR EXCELLENCE COLUMBUS, OH | Unrestricted grant | $1,000 |
| COMMUNITIES OF EXCELLENCE 2026 LAWRENCEBURG, KS | Unrestricted grant | $1,000 |
| THE CURE STARTS NOW Cincinnati, OH | Unrestricted grant | $500 |
| PULL-THROUGH NETWORK Normal, IL | Unrestricted grant | $500 |
| UNRWA USA Washington, DC | Unrestricted grant | $1,000 |
| THE FUND FOR AMERICAN STUDIES Washington, DC | Unrestricted grant | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SURESH NIRODY | PRESIDENT | 6 | — |
| NANCY NIRODY | SECRETARY | 1 | — |
| ALAN P GENRICH | VICE-PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Naught Foundation Inc?
Naught Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CINCINNATI, OH. It holds $2K in total assets as of 2024.
How large is Naught Foundation Inc?
As of 2024, Naught Foundation Inc holds $2K in total assets with $19K in annual revenue. It awarded 9 grants totaling $21K in 2024.
Where does Naught Foundation Inc operate?
Naught Foundation Inc has awarded grants in Alabama, California, District of Columbia, Hawaii, Illinois, Kansas, Ohio, Texas.
What size grants does Naught Foundation Inc award?
In 2024, Naught Foundation Inc awarded 9 grants totaling $21K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Naught Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Naught Foundation Inc reported a distributable amount of $99 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Naught Foundation Inc's EIN?
Naught Foundation Inc's EIN (Employer Identification Number) is 86-1456561. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Naught 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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