Shamim & M Nafees Nagy Foundation
Shamim & M Nafees Nagy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Las Vegas, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $58.
Key facts about Shamim & M Nafees Nagy Foundation
- EIN
- 86-0870430
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $25,000
- Grants made (2024)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $1,185
Data from IRS Form 990-PF, 2024; updated September 2026.
How Shamim & M Nafees Nagy Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Shamim & M Nafees Nagy Foundation
- How to evaluate Shamim & M Nafees Nagy Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1K
-95.5% YoY
Annual Giving
$25K
-50.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$25K
-50.0% YoY
Under IRS private-foundation payout rules, Shamim & M Nafees Nagy Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Shamim & M Nafees Nagy Foundation
Based on IRS filings
Shamim & M Nafees Nagy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Las Vegas, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $58.
Focus Areas
Ready to take the next step with Shamim & M Nafees Nagy Foundation?
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 | $1,185 | $26,373 | $51,433 |
| Revenue | $678 | $25,092 | $100,130 |
| Expenses | $25,866 | $50,152 | $50,169 |
| Qualifying Distributions | $25,000 | $50,000 | $50,000 |
| Net Investment Income | $58 | $92 | $130 |
| Distributable Amount | $1,141 | $1,762 | $3,723 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Ramday University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RAMDAY UNIVERSITY | FUNDING FOR THE CONSTRUCTION OF RAMDAY UNIVERSITY | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MN Nagy | President & CEO | — | — |
| Shamim Nagy | Treasurer | — | — |
| Aurangzeb N Nagy | Director | — | — |
| Abraham J Nagy | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shamim & M Nafees Nagy Foundation?
Shamim & M Nafees Nagy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Las Vegas, NV. It holds $1K in total assets as of 2024.
How large is Shamim & M Nafees Nagy Foundation?
As of 2024, Shamim & M Nafees Nagy Foundation holds $1K in total assets with $678 in annual revenue. It awarded 1 grant totaling $25K in 2024.
Where does Shamim & M Nafees Nagy Foundation operate?
Shamim & M Nafees Nagy Foundation has awarded grants in Texas.
What size grants does Shamim & M Nafees Nagy Foundation award?
In 2024, Shamim & M Nafees Nagy Foundation awarded 1 grant totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Shamim & M Nafees Nagy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shamim & M Nafees Nagy Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shamim & M Nafees Nagy Foundation's EIN?
Shamim & M Nafees Nagy Foundation's EIN (Employer Identification Number) is 86-0870430. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.