NSN Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSELAND, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $171.0M in total assets. In 2024, it awarded 3 grants totaling $279.0M. Net investment income was $7.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$171.0M
+110.4% YoY
Annual Giving
$279.0M
-33.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$93.0M
-33.5% YoY
Under IRS private-foundation payout rules, NSN Foundation Inc reported a distributable amount of $6.2M for 2024 — the minimum it must pay out in qualifying distributions.
About NSN Foundation Inc
Based on IRS filings
NSN Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSELAND, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $171.0M in total assets. In 2024, it awarded 3 grants totaling $279.0M. Net investment income was $7.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $170,983,645 | $81,276,811 | $486,686,288 |
| Revenue | $377,081,963 | $3,447,551 | $771,025,597 |
| Expenses | $287,640,678 | $419,961,747 | $334,058,708 |
| Qualifying Distributions | $279,000,000 | $419,861,396 | $334,000,000 |
| Net Investment Income | $6,990,403 | $3,394,382 | $2,939,586 |
| Distributable Amount | $6,196,175 | $14,929,976 | $28,618,954 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include High Q Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp ($115,000,000), CHDI Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp ($100,000,000), Jewish Communal Fund ($64,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHDI Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp Roseland, NJ | To further CHDI's direct charitable activities of promoting and assisting in medical and scientific research in the field of neurodegenerative diseases. | $100,000,000 |
| High Q Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp Roseland, NJ | To increase the charitable endowment which shall serve as a philanthropic fund for the primary purpose of supporting suitable clinical trials. | $115,000,000 |
| Jewish Communal Fund New York, NY | For the general fund of the charity | $64,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John L Berger | Dir./Vice President/Asst Secretary | 0.1 | — |
| Kenneth J Slutsky | Dir./President/Asst Treasurer | 0.1 | — |
| David Mills | Dir./Vice President/Secretary | 0.1 | — |
| Timothy I Hentzel | Vice President/Treasurer | 0.1 | — |
| NISON Mangement LLC | Member | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is NSN Foundation Inc?
NSN Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROSELAND, NJ. It holds $171.0M in total assets as of 2024.
How large is NSN Foundation Inc?
As of 2024, NSN Foundation Inc holds $171.0M in total assets with $377.1M in annual revenue. It awarded 3 grants totaling $279.0M in 2024.
Where does NSN Foundation Inc operate?
NSN Foundation Inc has awarded grants in New Jersey, New York.
What size grants does NSN Foundation Inc award?
In 2024, NSN Foundation Inc awarded 3 grants totaling $279.0M — an average of about $93.0M per grant, based on its IRS Form 990 filings.
How much is NSN Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, NSN Foundation Inc reported a distributable amount of $6.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is NSN Foundation Inc's EIN?
NSN Foundation Inc's EIN (Employer Identification Number) is 22-3769097. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in NSN 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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