NEM K Charitable Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 84-3226695

NEM K Charitable Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 5 grants totaling $70K.

Key facts about NEM K Charitable Foundation Inc

In short: NEM K Charitable Foundation Inc gave $70K across 5 grants in 2024 (avg $14K), top state California. Source: 2024 IRS Form 990-PF.

EIN
84-3226695
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$70,000
Grants made (2024)
5
Average grant
$14,000
Median grant
$10,000
Total assets
$117,036
Primary geography
California (43% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$117K

+30.8% YoY

Annual Giving

$70K

-45.7% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$14K

-24.0% YoY

Under IRS private-foundation payout rules, NEM K Charitable Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

How NEM K Charitable Foundation Inc gives

  • Giving grew 126% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

FlushingCanoga ParkNew YorkBlairstownMemphisParamusHoustonPiscatawayRobbinsvilleRochelle ParkSan JoseSouth PlainfieldWoodbury

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2020 5 grants2021 3 grants2022 7 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $19K (2020) to $129K (2023). In 2024 it made 5 grants totaling $70K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Akshaya Patra Foundation USA: $20KAkshaya Patra Foundation USA$20KInternational Mahavir Jain Mission: $20KInternational Mahavir JainMission$20KEkal Vidhyalaya Foundation of USA: $10KEkal Vidhyalaya Foundation ofUSA$10KArihanta Institute: $10KArihanta Institute$10KJain Center of America: $10KJain Center of America$10K

The largest 2024 recipient was Akshaya Patra Foundation USA ($20K). Together the top 5 received $70K.

Grant Size Distribution

26 grants across all recorded years

25<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 26 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Akshaya Patra Foundation USA Canoga Park, CADonation to a Domestically Registered Charitable Organization.$20,000
International Mahavir Jain Mission Blairstown, NJDonation to a Domestically Registered Charitable Organization.$20,000
Ekal Vidhyalaya Foundation of USA Houston, TXDonation to a Domestically Registered Charitable Organization.$10,000
Arihanta Institute San Jose, CADonation to a Domestically Registered Charitable Organization.$10,000
Jain Center of America Flushing, NYDonation to a Domestically Registered Charitable Organization.$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$117,036$89,466$120,082
Revenue$100,000$100,000$100,000
Expenses$72,430$130,616$23,625
Qualifying Distributions$71,750$130,616$23,625
Distributable Amount$2,823$2,258$2,015

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

NEM K Charitable Foundation Inc is led by Sunil Jain, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sunil Jain

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ankit Jain

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sudhir Jain

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 NEM K Charitable Foundation Inc

How much does NEM K Charitable Foundation Inc give each year?

NEM K Charitable Foundation Inc gave $70K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $129K across 7 grants.

What is NEM K Charitable Foundation Inc's typical grant size?

NEM K Charitable Foundation Inc's median grant in 2024 was $10,000, and its average grant was $14,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does NEM K Charitable Foundation Inc give grants?

NEM K Charitable Foundation Inc's top state is California, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (29%) and Texas (14%).

Does NEM K Charitable Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on NEM K Charitable Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are NEM K Charitable Foundation Inc's largest grantees?

NEM K Charitable Foundation Inc's largest 2024 grantees include Akshaya Patra Foundation USA ($20,000), International Mahavir Jain Mission ($20,000) and Ekal Vidhyalaya Foundation of USA ($10,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is NEM K Charitable Foundation Inc?

NEM K Charitable Foundation Inc reported $117K in total assets on its 2024 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is NEM K Charitable Foundation Inc?

NEM K Charitable Foundation Inc is a private foundation focused on International, Foreign Affairs & National Security, based in New York, NY. It holds $117K in total assets as of 2024.

What is NEM K Charitable Foundation Inc's EIN?

NEM K Charitable Foundation Inc's EIN (Employer Identification Number) is 84-3226695. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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