Naught Foundation Inc
Naught Foundation Inc is a private foundation based in Cincinnati, Ohio. Its 2025 filing reports unrestricted grants to 11 different 501(c)(3) organizations.
Naught Foundation Inc at a glance
In short: Naught Foundation Inc gave $26K across 11 grants in 2025 (avg $2K), mostly in Ohio. 27% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,720
- +24.6% vs 2024
- Grants made (2025)
- 11
- +22.2% vs 2024
- Average grant
- $2,338
- +1.9% vs 2024
- Median grant
- $1,500
- Total assets
- $1,682
- -31.4% vs 2024
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2025; small sample)
- Primary geography
- Ohio (71% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Naught Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 4521 Paddock Road, Cincinnati, OH 45229
Phone: (513) 242-0498
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Naught Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Eyes Open International ($8K). Together the top 10 received $25K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 46 grants of 46 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 71% of grant dollars went to recipients in Ohio and 21% to recipients in Washington, DC. The remaining grant dollars went to recipients in Kansas (4%), Illinois (2%), and California (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Naught Foundation Inc open to new grantees?
27%
first-time grantees, 2025
In 2025, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $833; repeat grants $3K. How we count
Medians: $500 first-time, $2K repeat.
- 55% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−12%). 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 (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $19K (2021) to $29K (2022). In 2025 it made 11 grants totaling $26K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Eyes Open International Blue Ash, OH | Unrestricted grants | $8,220 |
| Whole Again Cincinnati, OH | Unrestricted grant | $5,000 |
| The Fund for American Studies Washington, DC | Unrestricted grants | $3,500 |
| Baldrige Foundation Washington, DC | Unrestricted Grant | $2,000 |
| Santa Maria Community Services Cincinnati, OH | Unrestricted grants | $2,000 |
| Bright Star Community Church Cincinnati, OH | Unrestricted grant | $1,500 |
| The Partnership for Excellence Columbus, OH | Unrestricted grants | $1,000 |
| Communities of Excellence 2026 Lawrenceburg, KS | Unrestricted grants | $1,000 |
| Pullthrough Network Normal, IL | Unrestricted grants | $500 |
| Movember Foundation Santa Monica, CA | Unrestricted grant | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $1,682 | $26,000 | $26,770 | $25,720 | 11 | $25,720 | $99 |
| 2024 | $2,452 | $18,700 | $21,433 | $20,650 | 9 | $20,650 | $99 |
| 2023 | $5,185 | $24,500 | $19,911 | $19,416 | 10 | $19,416 | $99 |
| 2022 | $596 | $28,400 | $29,454 | $29,250 | 10 | $29,454 | — |
| 2021 | $1,650 | $21,000 | $19,350 | $19,000 | 6 | $19,350 | — |
Under IRS private-foundation payout rules, Naught Foundation Inc reported a distributable amount of $99 for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants were described as unrestricted. Among its grantees, WHOLE AGAIN says it partners with faith-based and other nonprofit organizations to provide meals, education enrichment, and fitness programs for underserved youth. Santa Maria Community Services says it helps Greater Price Hill families attain education, financial, and health goals. The Partnership for Excellence says it cultivates performance excellence and continuous improvement among organizations in several sectors, including business, education, government, healthcare, and nonprofits.
Grantmaking
In filing year 2025, the foundation gave $25,720 across 11 grants. Grants ranged from $500 to $8,220, with a median of $1,500.
Its largest listed grants were $8,220 to EYES OPEN INTERNATIONAL, $5,000 to WHOLE AGAIN, $3,500 to THE FUND FOR AMERICAN STUDIES, $2,000 to BALDRIGE FOUNDATION, and $2,000 to SANTA MARIA COMMUNITY SERVICES. The filing describes these as unrestricted grants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Suresh Nirody as president, Nancy Nirody as secretary, and Alan P Gehrich as vice-president.
Naught Foundation Inc is led by Suresh Nirody, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Suresh Nirody
President
On filings since 2021
6 hrs/week
No compensation reported
Alan P. Gehrich
Vice President
On filings since 2021
1 hr/week
No compensation reported
Nancy Nirody
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Naught Foundation Inc
How much does Naught Foundation Inc give each year?
Naught Foundation Inc gave $26K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 9 grants.
What is Naught Foundation Inc's typical grant size?
Naught Foundation Inc's median grant in 2025 was $1,500, and its average grant was $2,338, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Naught Foundation Inc that year got $833 on average.
Where does Naught Foundation Inc give grants?
Naught Foundation Inc gives mostly in Ohio: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (21%). The most frequent recipient cities were Cincinnati, OH (4 grants) and Washington, DC (2 grants).
Does Naught Foundation Inc give general operating support?
Yes: 100% of Naught Foundation Inc's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Naught Foundation Inc's largest grantees?
Naught Foundation Inc's largest 2025 grantees include Eyes Open International ($8,220), Whole Again ($5,000) and The Fund for American Studies ($3,500), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is Naught Foundation Inc?
Naught Foundation Inc reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $99 (roughly 5% of its investment assets).
What does Naught Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants were described as unrestricted. Among its grantees, WHOLE AGAIN says it partners with faith-based and other nonprofit organizations to provide meals, education enrichment, and fitness programs for underserved youth. See mission & focus areas ↑
How do I apply for a grant from Naught Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2021–2025.
Does Naught Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2021–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Naught Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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