Nec Foundation of Americas is a private foundation focused on Philanthropy, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it awarded 7 grants totaling $650K. Net investment income was $406K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1M
+8.7% YoY
Annual Giving
$650K
+32.4% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$93K
-5.4% YoY
Under IRS private-foundation payout rules, Nec Foundation of Americas reported a distributable amount of $542K for 2024 — the minimum it must pay out in qualifying distributions.
About Nec Foundation of Americas
Based on IRS filings
Nec Foundation of Americas is a private foundation focused on Philanthropy, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it awarded 7 grants totaling $650K. Net investment income was $406K.
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 | $12,116,666 | $11,151,548 | $12,346,442 |
| Revenue | $461,440 | $-110,340 | $1,713,557 |
| Expenses | $610,395 | $722,873 | $695,860 |
| Qualifying Distributions | $708,169 | $560,415 | $619,484 |
| Net Investment Income | $406,242 | $285,474 | $1,648,758 |
| Distributable Amount | $542,446 | $504,943 | $562,043 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fc Dallas Foundation ($150,000), Univ Texas at Dallas ($100,000), Hawaii Community Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CATCH UP READ DALLAS, TX | EDUCATION | $65,000 |
| DALLAS EDUCATION FOUNDATION DALLAS, TX | EDUCATION | $87,000 |
| FC DALLAS FOUNDATION FRISCO, TX | CHARITY | $150,000 |
| SUSAN G KOMEN DALLAS, TX | CHARITY | $50,000 |
| UNIV TEXAS AT DALLAS RICHARDSON, TX | EDUCATION | $100,000 |
| YOUNG WOMENS PREPARATORY DALLAS, TX | EDUCATION | $98,000 |
| HAWAII COMMUNITY FOUNDATION HONOLULU, HI | CHARITY | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEON RETEMEYER | SECRETARY | — | — |
| JOHN DOW | TREASURER | — | — |
| CHRIS JACKSON | PRES DIRECTOR | — | — |
| KAZUSHI OKABE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nec Foundation of Americas?
Nec Foundation of Americas is a private foundation focused on Philanthropy, based in IRVING, TX. It holds $12.1M in total assets as of 2024.
How large is Nec Foundation of Americas?
As of 2024, Nec Foundation of Americas holds $12.1M in total assets with $461K in annual revenue. It awarded 7 grants totaling $650K in 2024.
Where does Nec Foundation of Americas operate?
Nec Foundation of Americas has awarded grants in California, District of Columbia, Georgia, Hawaii, New Jersey, Texas, Virginia.
What size grants does Nec Foundation of Americas award?
In 2024, Nec Foundation of Americas awarded 7 grants totaling $650K — an average of about $93K per grant, based on its IRS Form 990 filings.
How much is Nec Foundation of Americas required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nec Foundation of Americas reported a distributable amount of $542K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nec Foundation of Americas's EIN?
Nec Foundation of Americas's EIN (Employer Identification Number) is 11-3059554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nec Foundation of Americas'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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