The Romita Shetty and Nasser Ahmad Foundation Inc is a private, independent foundation based in New York City. The foundation is classified as a 501(c)(3) organization and operates as a grantmaking entity focused on charitable purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.1M
+2.0% YoY
Annual Giving
$380K
+19.7% YoY
Grant Count
30
+66.7% YoY
Avg Grant Size
$13K
-28.2% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on its grantmaking activity, the foundation supports charitable purposes across multiple sectors including:
- Education
- Human Services
- Philanthropy and Volunteerism
- Science and STEM Education
Grantmaking
The foundation is an active grantmaker with recent annual giving activity:
Grant Range
Range:** Typical awards range from $1,000 to $100,000
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with primary focus areas including:
- New York
- Massachusetts
- California
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $7,939,323
- Total Revenues: $403,369
- Total Expenses: $386,793
- Total Liabilities: $0
- Number of Employees: 0
2024 Data (Most Recent):
- Total Assets: $8,101,427
- Total Giving: $379,600
The foundation maintains a strong asset base relative to its annual grantmaking activity, indicating a long-term commitment to charitable giving.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,101,427 | $7,939,323 | $7,620,476 |
| Revenue | $344,363 | $403,369 | $340,990 |
| Expenses | $455,066 | $386,793 | $411,427 |
| Qualifying Distributions | $379,600 | $317,100 | $334,000 |
| Net Investment Income | $268,897 | $333,676 | $263,563 |
| Distributable Amount | $396,661 | $378,679 | $382,378 |
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
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Romita Shetty | President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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