Shamim & M Nafees Nagy Foundation

Foundation · Grantmaker 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

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $100K (100%)

States

Texas

Cities

Southlake

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

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 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

From 2024 IRS filing

From 2024 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

Philanthropy, Voluntarism & Grantmaking

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.