Nelco Foundation Inc
Nelco Foundation Inc is a private foundation based in New York, NY. Its 2026 filing describes grant purposes as funding Jewish charitable organizations and other nonprofit organizations.
Nelco Foundation Inc at a glance
In short: Nelco Foundation Inc gave $517K across 72 grants in 2026 (avg $7K), mostly in New York. 22% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $517,043
- +25.1% vs 2025
- Grants made (2026)
- 72
- +12.5% vs 2025
- Average grant
- $7,181
- +11.2% vs 2025
- Median grant
- $1,800
- Total assets
- $8,537,047
- -0.5% vs 2025
- New grantees (estimate)
- 22% first-time grantees (16 of 72, 2026)
- Primary geography
- New York (70% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Nelco Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 164 West 25Th Street, New York, NY 10001
Phone: (212) 924-7604
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Nelco Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was American Friends of Shenkar ($123K). Together the top 10 received $396K.
Grant Size Distribution
340 grants across all recorded years
The most common grant size was under $50K: 331 grants of 340 (97%).
Geographic Focus
Where this funder awards grants
In 2026, grant dollars went primarily to recipients in New York (70%) and the District of Columbia (16%), followed by New Jersey (8%), Maryland (1%), and Wisconsin (1%).
Grant Distribution by State
Share of 2026 grant dollars across all 72 itemized grants.
States
Cities
Is Nelco Foundation Inc open to new grantees?
22%
first-time grantees, 2026
In 2026, 16 of 72 grantees (22%) were first-time recipients. First grants averaged $7K; repeat grants $7K. How we count
Medians: $1K first-time, $2K repeat.
- 69% of 2026 grantees were also funded in 2025. Method
- Giving grew 53% from 2023 to 2026. Method
- In 2026 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2026). 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 2026, annual grant giving ranged from $339K (2023) to $517K (2026). In 2026 it made 72 grants totaling $517K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Friends of Shenkar New York, NY | To fund jewish charitable organizations and other not for profit organizations | $123,000 |
| American Israel Education Foundation NW Washington, DC | To fund jewish charitable organizations and other not for profit organizations | $75,000 |
| Ms Gift Nelco Foundation Fund New York, NY | To fund jewish charitable organizations and other not for profit organizations | $50,000 |
| The Jewish Life Center Inc Madison, NJ | To fund jewish charitable organizations and other not for profit organizations | $38,268 |
| FJC a Foundation of Philathropic Funds New York, NY | To fund jewish charitable organizations and other not for profit organizations | $36,000 |
| FJC Jewish Community of Poland New York, NY | To fund jewish charitable organizations and other not for profit organizations | $30,000 |
| Manhattan Jewish Students Center New York, NY | To fund jewish charitable organizations and other not for profit organizations | $18,600 |
| American Friends of the Hebrew University New York, NY | To fund jewish charitable organizations and other not for profit organizations | $10,000 |
| Yeshivat Chovevei Torah Riverdale, NY | To fund jewish charitable organizations and other not for profit organizations | $10,000 |
| Hillel International for Poland NW Washington, DC | To fund jewish charitable organizations and other not for profit organizations | $5,000 |
Ready to take the next step with Nelco Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,537,047 | $574,900 | $639,977 | $517,043 | 72 | $517,043 | $326,876 | $507,015 |
| 2025 | $8,580,753 | $677,282 | $558,492 | $413,230 | 64 | $411,730 | $371,405 | $434,108 |
| 2024 | $8,473,142 | $1,446,957 | $595,020 | $483,222 | 81 | $483,222 | $460,575 | $394,759 |
| 2023 | $7,529,637 | $567,502 | $440,678 | $339,000 | 58 | $339,000 | $465,824 | $363,722 |
| 2022 | $7,402,513 | $545,334 | $510,405 | $405,010 | 65 | $405,010 | $346,189 | $431,517 |
| 2021 | $7,367,584 | $687,113 | $502,708 | $398,250 | 63 | — | $207,655 | $393,694 |
Under IRS private-foundation payout rules, Nelco Foundation Inc reported a distributable amount of $507K for 2026 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a separate mission for the foundation. Its 2026 grants show support for organizations with varied missions. For example, American Friends of Shenkar says it raises money for Shenkar College of Engineering, Design and Art; YIVO Institute for Jewish Research says it studies and preserves the history of Jewish life in Eastern Europe and Russia; and Muddy Paws Rescue says it works to prevent unnecessary euthanasia of companion dogs.
Other supported organizations describe work in education and community support. North American Friends of Oranim says it raises support for Oranim, a college of education in Israel, and its students. Jewish Foundation for Group Homes says its program, Makom, supports people with intellectual and developmental disabilities.
Grantmaking
In filing year 2026, the foundation reported 72 grants totaling $517,043. Grant amounts ranged from $125 to $123,000, with a median of $1,800. Larger grants included $123,000 to American Friends of Shenkar, $75,000 to American Israel Education Foundation, $50,000 to MS Gift Nelco Foundation Fund, $38,268 to The Jewish Life Center Inc, and $36,000 to FJC A Foundation of Philanthropic Funds. Other reported grants included $30,000 to FJC Jewish Community of Poland and $18,600 to Manhattan Jewish Students Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists Barbara Blumenthal as President & Trustee and David Blumenthal as Vice President.
Nelco Foundation Inc is led by Barbara Blumenthal, President & Trustee on every filing since 2021; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Barbara Blumenthal
President & Trustee
On filings since 2021
5 hrs/week
No compensation reported
David Blumenthal
Vice President
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "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 Nelco Foundation Inc
How much does Nelco Foundation Inc give each year?
Nelco Foundation Inc gave $517K across 72 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $413K across 64 grants.
What is Nelco Foundation Inc's typical grant size?
Nelco Foundation Inc's median grant in 2026 was $1,800, and its average grant was $7,181, across 72 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Nelco Foundation Inc that year got $7K on average.
Where does Nelco Foundation Inc give grants?
Nelco Foundation Inc gives mostly in New York: 70% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (16%) and New Jersey (8%). The most frequent recipient cities were New York, NY (40 grants), Riverdale, NY (3 grants), Rockville, MD (3 grants) and Brooklyn, NY (3 grants).
Does Nelco Foundation Inc give general operating support?
Not in 2026: none of the 72 grants with a stated purpose on Nelco Foundation Inc's 2026 IRS Form 990-PF were described as general or operating support.
Who are Nelco Foundation Inc's largest grantees?
Nelco Foundation Inc's largest 2026 grantees include American Friends of Shenkar ($123,000), American Israel Education Foundation ($75,000) and Ms Gift Nelco Foundation Fund ($50,000), according to its 2026 IRS Form 990-PF. Together they received 48% of its itemized 2026 grant dollars.
How large is Nelco Foundation Inc?
Nelco Foundation Inc reported $8.5M in total assets on its 2026 IRS Form 990-PF. It paid out $517K in qualifying distributions that year, against a required minimum of $507K (roughly 5% of its investment assets).
What does Nelco Foundation Inc fund?
The available information does not state a separate mission for the foundation. Its 2026 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Nelco Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Nelco Foundation Inc's EIN?
Nelco Foundation Inc's EIN (Employer Identification Number) is 13-6089850. IRS Form 990 filing data is available on this page for 2021–2026.
Does Nelco 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 September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 5, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Nelco Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Nelco Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/nelco-foundation-inc-morg_97abda1f42a541589cc9268a588c0809
BibTeX
@misc{grantable_136089850_2026,
author = {{Grantable}},
title = {{Nelco Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nelco-foundation-inc-morg_97abda1f42a541589cc9268a588c0809},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Nelco 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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