Nita Foundation Corp

Private foundation · Grantmaker Coconut Grove, FL EIN: 93-3549002

Nita Foundation Corp is a private foundation, based in Coconut Grove, FL. IRS filing data is available for 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 3 grants totaling $30K.

Key facts about Nita Foundation Corp

In short: Nita Foundation Corp gave $30K across 3 grants in 2025 (avg $10K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
93-3549002
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,002
Grants made (2025)
3
Average grant
$10,001
Median grant
$1
Total assets
$1,314,823
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

Annual Giving

$30K

Grant Count

3

Avg Grant Size

$10K

Under IRS private-foundation payout rules, Nita Foundation Corp reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.

How Nita Foundation Corp gives

  • In 2025 it paid out 47% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

AventuraMiamiNorth Miami

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K3 grants2025

In 2025 it made 3 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

NU3 Foundation Inc: $30KNU3 Foundation Inc$30KAdapt Foundation North: $1Adapt Foundation North$1MLK Economic Development Corp: $1MLK Economic Development Corp$1

The largest 2025 recipient was NU3 Foundation Inc ($30K). Together the top 3 received $30K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NU3 Foundation Inc Aventura, FLCharity$30,000
Adapt Foundation North North Miami, FLCharity$1
MLK Economic Development Corp Miami, FLCharity$1

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K$40K2025
Metric2025
Total Assets$1,314,823
Revenue$30,000
Expenses$30,002
Qualifying Distributions$30,002
Distributable Amount$64,271

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 23, 2026)

Leadership & Key People

Officers and directors from IRS filings

Nita Foundation Corp is led by Ivan Alvarez, President on the 2025 filing; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ivan Alvarez

    President

    New on the 2025 filing

    No compensation reported

  • Paola Garrido

    Vice President

    New on the 2025 filing

    No compensation reported

  • Raul Orlando Medellin

    Secretary

    New on the 2025 filing

    No compensation reported

Data from IRS Form 990 filings, 2025. "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 Nita Foundation Corp

How much does Nita Foundation Corp give each year?

Nita Foundation Corp gave $30K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Nita Foundation Corp's typical grant size?

Nita Foundation Corp's median grant in 2025 was $1, and its average grant was $10,001, across 3 grants on its 2025 IRS Form 990-PF.

Where does Nita Foundation Corp give grants?

Nita Foundation Corp gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Nita Foundation Corp give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Nita Foundation Corp's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (3 grants).

How large is Nita Foundation Corp?

Nita Foundation Corp reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $64K (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 is Nita Foundation Corp's EIN?

Nita Foundation Corp's EIN (Employer Identification Number) is 93-3549002. IRS Form 990 filing data is available on this page for 2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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