Nb Affordable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFERN, NY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $350 in total assets.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$350
-30.0% YoY
Revenue
—
-100.0% YoY
Net Investment Income
—
Expenses
$150
-92.5% YoY
Under IRS private-foundation payout rules, Nb Affordable Foundation Inc reported a distributable amount of $21 for 2022 — the minimum it must pay out in qualifying distributions.
About Nb Affordable Foundation Inc
Based on IRS filings
Nb Affordable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFERN, NY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $350 in total assets.
Focus Areas
Ready to take the next step with Nb Affordable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 |
|---|---|---|
| Total Assets | $350 | $500 |
| Revenue | — | $2,500 |
| Expenses | $150 | $2,000 |
| Qualifying Distributions | — | $2,000 |
| Net Investment Income | — | — |
| Distributable Amount | $21 | $25 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2022
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2022.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FREDRICK SCHULMAN | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nb Affordable Foundation Inc?
Nb Affordable Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFERN, NY. It holds $350 in total assets as of 2022.
How large is Nb Affordable Foundation Inc?
As of 2022, Nb Affordable Foundation Inc holds $350 in total assets.
Where does Nb Affordable Foundation Inc operate?
Nb Affordable Foundation Inc has awarded grants in Michigan.
How much is Nb Affordable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Nb Affordable Foundation Inc reported a distributable amount of $21 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nb Affordable Foundation Inc's EIN?
Nb Affordable Foundation Inc's EIN (Employer Identification Number) is 85-3221621. IRS Form 990 filing data is available on this page for 2021–2022.
Explore Open Grants
Browse active grant opportunities in Nb Affordable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Empowerment Foundation
SIMPSONVILLE, KY
Assets
—
Grants
4
Total Given
$74K
Central Indiana Community Foundation Inc
INDIANAPOLIS, IN
Assets
$583.5M
Grants
525
Total Given
$31.1M
Tc Energy Foundation
HOUSTON, TX
Assets
—
Grants
7
Total Given
$1.3M
Ricoh Americas Foundation
EXTON, PA
Assets
$365K
Grants
38
Total Given
$207K
Harriet and Jerry Dempsey Family Foundation
DALLAS, TX
Assets
—
Grants
33
Total Given
$330K
Michigan Public Employees Benefit Trust
DETROIT, MI
Assets
$2.0M
Grants
20
Total Given
$1.8M
Consumers Energy Foundation
JACKSON, MI
Assets
$67.1M
Grants
296
Total Given
$7.5M
United Charitable
ASHBURN, VA
Assets
$186.8M
Grants
195
Total Given
$7.9M
Tummala Charitable Foundation
FLINT, MI
Assets
$928K
Grants
24
Total Given
$65K
Wells Family Foundation
LAKE OSWEGO, OR
Assets
$156K
Grants
31
Total Given
$97K
Albert and Doris Pitt Foundation
HUNTINGTON WOODS, MI
Assets
$118K
Grants
44
Total Given
$218K
The Serra Foundation
FENTON, MI
Assets
$9.2M
Grants
56
Total Given
$999K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Nb Affordable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities