Nessim Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAG HARBOR, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 23 grants totaling $89K. Net investment income was $103K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-5.6% YoY
Annual Giving
$89K
+5.6% YoY
Grant Count
23
-11.5% YoY
Avg Grant Size
$4K
+19.4% YoY
Under IRS private-foundation payout rules, Nessim Family Foundation reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.
About Nessim Family Foundation
Based on IRS filings
Nessim Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAG HARBOR, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 23 grants totaling $89K. Net investment income was $103K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,940,184 | $2,054,349 | $2,127,166 |
| Revenue | $178,257 | $57,259 | $775,051 |
| Expenses | $139,215 | $126,861 | $53,746 |
| Qualifying Distributions | $88,872 | $84,163 | $43,848 |
| Net Investment Income | $103,164 | — | $15,153 |
| Distributable Amount | $96,681 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Belev Echad ($26,680), Forging Our Future ($15,000), Womens International Zionist Organization ($8,920).
| Recipient | Purpose | Amount |
|---|---|---|
| ACTBLUE SOMERVILLE, MA | CHARITABLE CONTRIBUTION | $1,000 |
| ALPHA EPSILON PI INDIANAPOLIS, IN | CHARITABLE CONTRIBUTION | $540 |
| AMERICAN FRIENDS OF START-UP NATION CENTRAL NEW YORK, NY | CHARITABLE CONTRIBUTION | $1,800 |
| AMERICAN PARKINSON DISEASE ASSOCIATION STATEN ISLAND, NY | CHARITABLE CONTRIBUTION | $1,854 |
| BEIT RUTH NEW YORK, NY | CHARITABLE CONTRIBUTION | $7,316 |
| BELEV ECHAD NEW YORK, NY | CHARITABLE CONTRIBUTION | $26,680 |
| BRING THEM HOME NOW | CHARITABLE CONTRIBUTION | $500 |
| CENTER FOR JEWISH LIFE SAG HARBOR, NY | CHARITABLE CONTRIBUTION | $8,020 |
| CHABAD AT INDIANA UNIVERSITY BLOOMINGTON, IN | CHARITABLE CONTRIBUTION | $556 |
| CHABAD AT THE UNIVERSITY OF WISCONSIN MADISON, WI | CHARITABLE CONTRIBUTION | $2,410 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL NESSIM | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nessim Family Foundation?
Nessim Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAG HARBOR, NY. It holds $1.9M in total assets as of 2024.
How large is Nessim Family Foundation?
As of 2024, Nessim Family Foundation holds $1.9M in total assets with $178K in annual revenue. It awarded 23 grants totaling $89K in 2024.
Where does Nessim Family Foundation operate?
Nessim Family Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Indiana, Massachusetts, New York, Pennsylvania, Wisconsin.
What size grants does Nessim Family Foundation award?
In 2024, Nessim Family Foundation awarded 23 grants totaling $89K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Nessim Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nessim Family Foundation reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nessim Family Foundation's EIN?
Nessim Family Foundation's EIN (Employer Identification Number) is 85-4344480. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Nessim Family Foundation'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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