The Nabit Foundation Inc
The Nabit Foundation Inc is a private family foundation based in Baltimore, Maryland, established in August 1992. As a 501(c)(3) organization, the foundation awards grants and contributions to other section 501(c)(3) organizations, with a particular focus on education, philanthropy, voluntarism, and human services.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.8M
-5.1% YoY
Annual Giving
$285K
+52.6% YoY
Grant Count
21
-16.0% YoY
Avg Grant Size
$14K
+81.6% YoY
Mission & Focus Areas
The foundation's primary program involves awarding unrestricted grants and contributions to other section 501(c)(3) organizations. Key funding focus areas include:
- Education
- Science and STEM education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community & Civic Engagement
Grantmaking
The foundation made 28 grants in the most recent fiscal year. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maryland, Virginia, and Tennessee, with a particular emphasis on the Baltimore area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2025:
- Total Assets: $2,821,607
- Total Revenues: $192,853
- Total Expenses: $344,381
- Total Giving: $285,292
Investment Income:
- Investment income and dividends: $140,885 (FYE 06/2025)
Historical Context (2023):
- Revenue: $376,000
- Expenses: $254,000
- Total Assets: $2,410,000
- Total Liabilities: $0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,821,607 | $2,973,135 | $2,407,795 |
| Revenue | $192,853 | $1,183,813 | $375,613 |
| Expenses | $344,381 | $218,089 | $253,736 |
| Qualifying Distributions | $285,292 | $187,000 | $184,250 |
| Net Investment Income | $138,362 | $1,141,295 | $344,387 |
| Distributable Amount | $281,984 | $270,017 | $253,336 |
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 2025
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Charles Nabit is the founder and driving force behind the foundation. A lawyer and business leader, Mr. Nabit graduated from the University of the South in 1977 with a bachelor of arts degree (magna cum laude) and membership in Phi Beta Kappa. He earned his juris doctor from the Marshall-Wythe School of Law in 1980, graduating ninth in his class of 134 students.
Mr. Nabit began his legal career with the Baltimore law firm Venable, Baetjer and Howard, initially in the corporate department before transitioning to real estate law, where he developed expertise in commercial and industrial real estate development, zoning laws, and civil litigation.
Beyond the foundation, Mr. Nabit has served as a board director for the Walters Art Museum, the B&O Railway Museum, University of Maryland Children's Hospital, the BIC Educational Foundation, and the University of the South. He has also operated a mission-driven seed-to-plate restaurant in partnership with a local educational nonprofit active in Baltimore and Washington, DC.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES J NABIT | PRESIDENT | 1 | — |
Contact Information
Address: 20 Commerce Street, Baltimore, MD 21202-3208
Telephone: 410-727-2404
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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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