Romita Shetty and Nasser Ahmad Foundation Inc
Romita Shetty and Nasser Ahmad Foundation Inc is a private foundation based in New York, New York. It supports charitable organizations through grants, with 2024 awards including educational and charitable grants to organizations working in education, health, human rights, and other areas.
Romita Shetty and Nasser Ahmad Foundation Inc at a glance
In short: Romita Shetty and Nasser Ahmad Foundation Inc gave $380K across 30 grants in 2024 (avg $13K), top state New York. 47% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $379,600
- +19.7% vs 2023
- Grants made (2024)
- 30
- +66.7% vs 2023
- Average grant
- $12,653
- -28.2% vs 2023
- Median grant
- $10,000
- Total assets
- $8,101,427
- +2.0% vs 2023
- New grantees (estimate)
- 47% first-time grantees (14 of 30, 2024)
- Primary geography
- New York (43% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Romita Shetty and Nasser Ahmad Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 333 Greenwich St, New York, NY 10013-3318
Phone: (212) 328-7931
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Romita Shetty and Nasser Ahmad Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was MIT ($78K). Together the top 10 received $264K.
Grant Size Distribution
113 grants across all recorded years
The most common grant size was under $50K: 107 grants of 113 (95%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in New York (43%), Massachusetts (27%), California (11%), Connecticut (7%), and Montana (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 30 itemized grants.
Cities
Is Romita Shetty and Nasser Ahmad Foundation Inc open to new grantees?
47%
first-time grantees, 2024
In 2024, 14 of 30 grantees (47%) were first-time recipients. First grants averaged $5K; repeat grants $19K. How we count
Medians: $4K first-time, $10K repeat.
- 43% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $299K (2020) to $380K (2024). In 2024 it made 30 grants totaling $380K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MIT Cambridge, MA | Educational | $78,000 |
| Developments in Literacy Irvine, CA | Educational | $32,000 |
| Columbia SIPA New York, NY | Educational | $30,000 |
| Imran Khan Cancer Appeal Farmington, CT | Charitable | $25,000 |
| Iqra Fund Bozeman, MT | Charitable | $25,000 |
| Sakhi for South Asian Women New York, NY | Charitable | $25,000 |
| Student Leadership Network New York, NY | Educational | $15,000 |
| Asian Cinevision Inc New York, NY | Charitable | $13,500 |
| Al Shifa Foundation Princeton, NJ | Charitable | $10,000 |
| Auliya Council Mahopac, NY | Charitable | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8,101,427 | $344,363 | $455,066 | $379,600 | 30 | $379,600 | $268,897 | $396,661 |
| 2023 | $7,939,323 | $403,369 | $386,793 | $317,100 | 18 | $317,100 | $333,676 | $378,679 |
| 2022 | $7,620,476 | $340,990 | $411,427 | $334,000 | 20 | $334,000 | $263,563 | $382,378 |
| 2021 | $8,269,707 | $1,051,612 | $401,453 | $341,300 | 22 | $341,300 | $491,459 | $379,768 |
| 2020 | $7,384,003 | $508,588 | $346,110 | $299,353 | 23 | — | $461,831 | — |
Under IRS private-foundation payout rules, Romita Shetty and Nasser Ahmad Foundation Inc reported a distributable amount of $397K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No formal mission statement is provided. The 2024 grants show support for educational and charitable purposes. Grantee descriptions illustrate the range of work supported: Developments in Literacy says it educates and empowers underprivileged students, especially girls, through student-centered model schools; Iqra Fund says it works to expand access to quality education in remote regions of Pakistan, particularly for girls. Imran Khan Cancer Appeal describes its work as raising charitable donations for cancer treatment and the establishment of a cancer hospital and research center.
Other 2024 recipients describe work in areas including Asian-American film and media (Asian Cinevision), legal support for human and civil rights (National Lawyers Guild), humanitarian response (International Rescue Committee), human-rights advocacy (Human Rights Watch), and cross-border giving (Myriad USA).
Grantmaking
In 2024, the foundation made 30 grants totaling $379,600. Grants ranged from $1,000 to $78,000, with a median of $10,000. Notable awards included $78,000 to MIT for educational purposes; $32,000 to Developments in Literacy; $30,000 to Columbia SIPA; $25,000 each to Imran Khan Cancer Appeal, Iqra Fund, and Sakhi for South Asian Women; and $15,000 to Student Leadership Network.
Leadership & Key People
Leadership team and compensation from IRS filings
Romita Shetty is listed as president on the 2024 filing.
Romita Shetty and Nasser Ahmad Foundation Inc is led by Romita Shetty, President since 2022 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Romita Shetty
President
Director → President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Romita Shetty and Nasser Ahmad Foundation Inc
How much does Romita Shetty and Nasser Ahmad Foundation Inc give each year?
Romita Shetty and Nasser Ahmad Foundation Inc gave $380K across 30 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $317K across 18 grants.
What is Romita Shetty and Nasser Ahmad Foundation Inc's typical grant size?
Romita Shetty and Nasser Ahmad Foundation Inc's median grant in 2024 was $10,000, and its average grant was $12,653, across 30 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Romita Shetty and Nasser Ahmad Foundation Inc that year got $5K on average.
Where does Romita Shetty and Nasser Ahmad Foundation Inc give grants?
Romita Shetty and Nasser Ahmad Foundation Inc's top state is New York, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (27%) and California (11%). The most frequent recipient cities were New York, NY (12 grants) and Boston, MA (2 grants).
Does Romita Shetty and Nasser Ahmad Foundation Inc give general operating support?
Not in 2024: none of the 30 grants with a stated purpose on Romita Shetty and Nasser Ahmad Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (23 grants) and "Educational" (7 grants).
Who are Romita Shetty and Nasser Ahmad Foundation Inc's largest grantees?
Romita Shetty and Nasser Ahmad Foundation Inc's largest 2024 grantees include MIT ($78,000), Developments in Literacy ($32,000) and Columbia SIPA ($30,000), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.
How large is Romita Shetty and Nasser Ahmad Foundation Inc?
Romita Shetty and Nasser Ahmad Foundation Inc reported $8.1M in total assets on its 2024 IRS Form 990-PF. It paid out $380K in qualifying distributions that year, against a required minimum of $397K (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 does Romita Shetty and Nasser Ahmad Foundation Inc fund?
No formal mission statement is provided. The 2024 grants show support for educational and charitable purposes. See mission & focus areas ↑
How do I apply for a grant from Romita Shetty and Nasser Ahmad Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Romita Shetty and Nasser Ahmad Foundation Inc's EIN?
Romita Shetty and Nasser Ahmad Foundation Inc's EIN (Employer Identification Number) is 27-1428517. IRS Form 990 filing data is available on this page for 2020–2024.
Does Romita Shetty and Nasser Ahmad Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Romita Shetty and Nasser Ahmad Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/romita-shetty-and-nasser-ahmad-foundation-inc-morg_3312c1b653a14ecb8565609a52cb3977
BibTeX
@misc{grantable_271428517_2026,
author = {{Grantable}},
title = {{Romita Shetty and Nasser Ahmad Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/romita-shetty-and-nasser-ahmad-foundation-inc-morg_3312c1b653a14ecb8565609a52cb3977},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Romita Shetty and Nasser Ahmad Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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