Shamim & M Nafees Nagy Foundation

LAS VEGAS, NV EIN: 86-0870430

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 grants totaling $25K. Net investment income was $58.

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 grants totaling $25K. Net investment income was $58.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Southlake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$110K20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K0 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

RAMDAY UNIVERSITY$25K

Grant Size Distribution

3 grants across all recorded years

1<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ramday University ($25,000).

RecipientPurposeAmount
RAMDAY UNIVERSITY FUNDING FOR THE CONSTRUCTION OF RAMDAY UNIVERSITY$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MN NAGYPRESIDENT & CEO
SHAMIM NAGYTREASURER
AURANGZEB N NAGYDIRECTOR
ABRAHAM J NAGYDIRECTOR

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 grants 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 grants 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 April 2026. Sourced from IRS Form 990-PF filings.

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