Nisar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 19 grants totaling $257K. Net investment income was $74K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
+23.9% YoY
Annual Giving
$257K
+66.0% YoY
Grant Count
19
+18.8% YoY
Avg Grant Size
$14K
+39.8% YoY
About Nisar Foundation Inc
Based on IRS filings
Nisar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 19 grants totaling $257K. Net investment income was $74K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,408,431 | $5,173,000 | $3,751,049 |
| Revenue | $302,160 | $107,474 | $147,213 |
| Expenses | $257,376 | $156,014 | $177,141 |
| Qualifying Distributions | $256,515 | $154,502 | $175,355 |
| Net Investment Income | $74,097 | $50,912 | $94,213 |
| Distributable Amount | — | — | — |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Misc Charity ($169,215), Zaytuna College ($26,000), Masjid Quba ($10,150).
| Recipient | Purpose | Amount |
|---|---|---|
| CAIR OF NJ ELIZABETH, NJ | GENERAL SUPPORT | $900 |
| CELEBRATE MARCY MASON, OH | RELIGIOUS CHARITY | $2,650 |
| CONTINUOUS CHARITY IRVING, TX | RELIGIOUS CHARITY | $5,650 |
| HADI INC HEMPSTEAD, NY | RELIGIOUS CHARITY | $2,800 |
| IMRC MOUNTAIN VIEW, CA | RELIGIOUS CHARITY | $2,100 |
| ISLAMIC RELIEF SADDLE BROOK, NJ | RELIGIOUS CHARITY | $2,100 |
| J P MORGAN CHASE EDISON, NJ | RELIGIOUS CHARITY | $2,250 |
| MASJID MUHAMMED NEWARK, NJ | RELIGIOUS CHARITY | $7,200 |
| MASJID QUBA CARTERET, NJ | RELIGIOUS CHARITY | $10,150 |
| MISC CHARITY EDISON, NJ | RELIGIOUS AND EDUCATION CHARITY | $169,215 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOHAMMED NISAR | TURSTEE | 3 | — |
| NOOR NISAR | TURSTEE | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nisar Foundation Inc?
Nisar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. It holds $6.4M in total assets as of 2024.
How large is Nisar Foundation Inc?
As of 2024, Nisar Foundation Inc holds $6.4M in total assets with $302K in annual revenue. It awarded 19 grants totaling $257K in 2024.
Where does Nisar Foundation Inc operate?
Nisar Foundation Inc has awarded grants in California, District of Columbia, Illinois, New Jersey, New York, Ohio, Pennsylvania, Texas, Virginia.
What size grants does Nisar Foundation Inc award?
In 2024, Nisar Foundation Inc awarded 19 grants totaling $257K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Nisar Foundation Inc's EIN?
Nisar Foundation Inc's EIN (Employer Identification Number) is 32-0481981. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nisar Foundation Inc'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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