NFI Foundation Inc is a private corporate foundation based in Camden, New Jersey. The foundation was established in 2021 and operates as a 501(c)(3) organization with tax-deductible contributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.0M
+5.2% YoY
Annual Giving
$542K
+37.0% YoY
Grant Count
34
+100.0% YoY
Avg Grant Size
$16K
-31.5% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation makes contributions to preselected charitable organizations only and does not accept unsolicited applications.
Average Grant
amount: $20,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New Jersey
- Pennsylvania
- California
These three states account for 57% of all grants. Grantmaking reaches organizations across 14 states total.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $16,024,119
- Total revenues: $1,551,724
- Total expenses: $544,404
- Total giving: $541,783
- Investment income and dividends: $455,757
Asset Growth: Total assets have grown significantly from $5.1 million in 2020 to $16 million in 2024.
Annual Income: Annual income is reported at $1.6 million.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,024,119 | $15,237,609 | $10,715,376 |
| Revenue | $1,551,724 | $3,698,249 | $9,018,832 |
| Expenses | $544,404 | $480,779 | $494,984 |
| Qualifying Distributions | $541,783 | $395,334 | $479,566 |
| Net Investment Income | $568,854 | $272,567 | $5,978,205 |
| Distributable Amount | $748,854 | $534,376 | $338,716 |
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
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Jared Szychter
The foundation is governed by 6 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIDNEY BROWN | CHAIRMAN AND PRESIDENT | 0.25 | — |
| IRWIN BROWN | VICE CHAIRMAN AND VICE PRESIDENT | 0.25 | — |
| JEFFREY BROWN | VICE CHAIRMAN AND VICE PRESIDENT | 0.25 | — |
| STEVEN GRABELL | VICE PRESIDENT | 0.25 | — |
| JARED SZYCHTER | TREASURER | 0.25 | — |
| SCOTT BRUCKER | SECRETARY | 0.25 | — |
Contact Information
Address: PO Box 1606, Camden, NJ 08101-1606
Phone: (856) 679-4486
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Total Given
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Total Given
—
New Digital Trade Coalition Ndtc
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Assets
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Total Given
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Stephen J Machuta Scholarship Trust
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Assets
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Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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