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
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.
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
Among its reported 2024 grants, the largest include The Cooper Foundation ($55,000), Anti-defamation League ($50,000), North Texas Food Bank ($37,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL STARS PROJECT INC NEW YORK, NY | GENERAL FUND | $2,500 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | GENERAL FUND | $50,000 |
| COOPERS FERRY DEVELOPMENT ASSOCIATION INC CAMDEN, NJ | GENERAL FUND | $5,473 |
| UNCOMMON SCHOOLS INC NEW YORK, NY | GENERAL FUND | $25,000 |
| COURT APPOINTED SPECIAL ADVOCATES OF ATLANTIC COUNTY INC SOMERS POINT, NJ | GENERAL FUND | $10,000 |
| CATHOLIC PARTNERSHIP SCHOOLS CAMDEN NJ CAMDEN, NJ | GENERAL FUND | $7,500 |
| CHAMPIONS OF CARING BALA CYNWYD, PA | GENERAL FUND | $10,000 |
| THE COOPER FOUNDATION CAMDEN, NJ | GENERAL FUND | $55,000 |
| CROSSROADS COMMUNITY SERVICES INC NEW YORK, NY | GENERAL FUND | $25,000 |
| CUMBERLAND COUNTY HISTORICAL SOCIETY GREENWICH, NJ | GENERAL FUND | $25,000 |
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
Frequently Asked Questions
What does Nfi Foundation Inc fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Nfi Foundation Inc?
**Grant Characteristics:** • Typical grant awards range from $500 to $105,032 • Average grant amount: $20,000 • Median grant amount: $9,000 • Total grants made: 67 grants totaling $1.4 million (as of most recent records) • Number of grantees: 37 unique organizations supported **Application Process:** The foundation makes contributions to preselected charitable organizations only and does not accept unsolicited applications. **Recent Grant Activity:** Recent grants include: • Anti-Defamation Lea…
Where does Nfi Foundation Inc make 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.
What size grants does Nfi Foundation Inc award?
In 2024, Nfi Foundation Inc awarded 34 grants totaling $542K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Nfi Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nfi Foundation Inc reported a distributable amount of $749K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Nfi Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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