NFI Foundation Inc
NFI Foundation Inc is a private foundation based in Camden, New Jersey. In 2024, it reported 34 grants totaling $541,783 to charitable organizations.
NFI Foundation Inc at a glance
In short: NFI Foundation Inc gave $542K across 34 grants in 2024 (avg $16K), top state New Jersey. 85% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $541,783
- +37.0% vs 2023
- Grants made (2024)
- 34
- +100.0% vs 2023
- Average grant
- $15,935
- -31.5% vs 2023
- Median grant
- $10,000
- Total assets
- $16,024,119
- +5.2% vs 2023
- New grantees (estimate)
- 85% first-time grantees (29 of 34, 2024)
- Primary geography
- New Jersey (29% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to NFI 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: PO Box 1606, Camden, NJ 08101
Phone: (856) 470-1541
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who NFI Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Cooper Foundation ($55K). Together the top 10 received $327K.
Grant Size Distribution
87 grants across all recorded years
The most common grant size was under $50K: 79 grants of 87 (91%).
Geographic Focus
Where this funder awards grants
In 2024, New Jersey received 29% of grant dollars, New York 24%, Texas 15%, Pennsylvania 11%, and Florida 8%.
Grant Distribution by State
Share of 2024 grant dollars across all 34 itemized grants.
States
Cities
Is NFI Foundation Inc open to new grantees?
85%
first-time grantees, 2024
In 2024, 29 of 34 grantees (85%) were first-time recipients. First grants averaged $14K; repeat grants $28K. How we count
Medians: $10K first-time, $25K repeat.
- 9% of 2024 grantees were also funded in 2023. Method
- Giving grew 104% from 2021 to 2024. Method
- In 2024 it paid out 72% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). 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 2024, annual grant giving ranged from $266K (2021) to $542K (2024). In 2024 it made 34 grants totaling $542K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Cooper Foundation Camden, NJ | General Fund | $55,000 |
| Anti-Defamation League New York, NY | General Fund | $50,000 |
| North Texas Food Bank Plano, TX | General Fund | $37,500 |
| Fort Freedom Inc Palm Beach Gardens, FL | General Fund | $34,810 |
| Uncommon Schools Inc New York, NY | General Fund | $25,000 |
| Crossroads Community Services Inc New York, NY | General Fund | $25,000 |
| Cumberland County Historical Society Greenwich, NJ | General Fund | $25,000 |
| Jewish National Fund New York, NY | General Fund | $25,000 |
| National Medal of Honor Museum Arlington, TX | General Fund | $25,000 |
| Virtua Health Inc Voorhees, NJ | General Fund | $25,000 |
Ready to take the next step with NFI 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $16,024,119 | $1,551,724 | $544,404 | $541,783 | 34 | $541,783 | $568,854 | $748,854 |
| 2023 | $15,237,609 | $3,698,249 | $480,779 | $395,334 | 17 | $395,334 | $272,567 | $534,376 |
| 2022 | $10,715,376 | $9,018,832 | $494,984 | $479,566 | 25 | $479,566 | $5,978,205 | $338,716 |
| 2021 | $10,044,561 | $3,975,205 | $266,126 | $265,833 | 11 | $265,833 | $523,771 | $297,580 |
| 2020 | $5,118,788 | $5,079,738 | — | — | — | — | — | $8,634 |
Under IRS private-foundation payout rules, NFI Foundation Inc reported a distributable amount of $749K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants supported organizations whose stated work includes healthcare, food access, homelessness services, veterans’ health and wellness, combating hate, preserving Medal of Honor stories, and building a future for Israel and its people. For example, the North Texas Food Bank says it works to close the hunger gap in North Texas, while Crossroads Community Services says it works to end hunger and homelessness through a food pantry, soup kitchen, and women’s shelter.
Grantmaking
In 2024, the foundation made 34 grants totaling $541,783. Grant amounts ranged from $1,000 to $55,000, with a median of $10,000. The largest awards included $55,000 to The Cooper Foundation, $50,000 to the Anti-Defamation League, $37,500 to the North Texas Food Bank, and $34,810 to Fort Freedom Inc. Other recipients included Uncommon Schools Inc. and Crossroads Community Services Inc. ($25,000 each).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Sidney Brown as chairman and president; Irwin Brown and Jeffrey Brown as vice chairmen and vice presidents; Steven Grabell as vice president; Jared Szychter as treasurer; and Scott Brucker as secretary.
NFI Foundation Inc is led by Sidney Brown, Chairman & President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sidney Brown
Chairman & President
On filings since 2020
0.3 hrs/week
No compensation reported
Irwin Brown
Vice Chairman & Vice President
On filings since 2020
0.3 hrs/week
No compensation reported
Jared Szychter
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Jeffrey Brown
Vice Chairman & Vice President
On filings since 2020
0.3 hrs/week
No compensation reported
Scott Brucker
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Steven Grabell
Vice President
On filings since 2020
0.3 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 NFI Foundation Inc
How much does NFI Foundation Inc give each year?
NFI Foundation Inc gave $542K across 34 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $395K across 17 grants.
What is NFI Foundation Inc's typical grant size?
NFI Foundation Inc's median grant in 2024 was $10,000, and its average grant was $15,935, across 34 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from NFI Foundation Inc that year got $14K on average.
Where does NFI Foundation Inc give grants?
NFI Foundation Inc's top state is New Jersey, with 29% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (24%) and Texas (15%). The most frequent recipient cities were New York, NY (5 grants), Camden, NJ (5 grants) and Philadelphia, PA (2 grants).
Does NFI Foundation Inc give general operating support?
Yes: 100% of NFI Foundation Inc's 2024 grants with a stated purpose (34 of 34) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are NFI Foundation Inc's largest grantees?
NFI Foundation Inc's largest 2024 grantees include The Cooper Foundation ($55,000), Anti-Defamation League ($50,000) and North Texas Food Bank ($37,500), according to its 2024 IRS Form 990-PF. Together they received 26% of its itemized 2024 grant dollars.
How large is NFI Foundation Inc?
NFI Foundation Inc reported $16.0M in total assets on its 2024 IRS Form 990-PF. It paid out $542K in qualifying distributions that year, against a required minimum of $749K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does NFI Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants supported organizations whose stated work includes healthcare, food access, homelessness services, veterans’ health and wellness, combating hate, preserving Medal of Honor stories, and building a future for Israel and its people. See mission & focus areas ↑
How do I apply for a grant from NFI 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 NFI Foundation Inc's EIN?
NFI Foundation Inc's EIN (Employer Identification Number) is 85-4179521. IRS Form 990 filing data is available on this page for 2020–2024.
Does NFI 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). NFI Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/nfi-foundation-inc-morg_ddf7b87183ed439890f0e1a4237b6753
BibTeX
@misc{grantable_854179521_2026,
author = {{Grantable}},
title = {{NFI Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nfi-foundation-inc-morg_ddf7b87183ed439890f0e1a4237b6753},
note = {Accessed 2026-10-10. 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 NFI 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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