The Nabit Foundation Inc

BALTIMORE, MD EIN: 52-1756376 Website

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

-16.0% YoY

Avg Grant Size

$14K

+81.6% YoY

Under IRS private-foundation payout rules, The Nabit Foundation Inc reported a distributable amount of $282K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Maryland $1.0M (87%)

Virginia $56K (5%)

Tennessee $50K (4%)

New York $7K (1%)

District of Columbia $6K (1%)

Massachusetts $6K (1%)

Maine $6K (1%)

Connecticut $4K (0%)

+6 more states

States

California Connecticut District of Columbia Delaware Florida Georgia Massachusetts Maryland Maine Michigan New York Pennsylvania Tennessee Virginia

Cities

AbingdonAbingotnAndoverAnnapolisArlingtonAtlantaBaltimoreBethany BeachBethesdaBeverly HillsBostonBrooklynCentrevilleCliftonHerndonHillsdaleLuthervilleMemphisMiddleburgNaples

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2025 grants, the largest include Gilman School ($53,792), Rebuild Metro ($50,000), The Church of the Redeemer ($40,000).

Recipient	Purpose	Amount
ACA SCHOLARSHIP FUND FOR CAMP SKYLEMAR NAPLES, ME	UNRESTRICTED	$1,000
ASPCA NEW YORK, NY	UNRESTRICTED	$1,000
B&O RAILROAD MUSEUM BALTIMORE, MD	UNRESTRICTED	$1,000
BAIS YAAKOV SCHOOL FOR GIRLS BALTIMORE, MD	UNRESTRICTED	$1,000
BALTIMORE COUNCIL ON FOREIGN AFFAIRS BALTIMORE, MD	UNRESTRICTED	$20,000
CALVERT SCHOOL BALTIMORE, MD	UNRESTRICTED	$5,000
CHESAPEAKE THERAPEUTIC RIDING ABINGOTN, MD	UNRESTRICTED	$1,000
GILMAN SCHOOL BALTIMORE, MD	UNRESTRICTED	$53,792
HEAVEN ON EARTH NOW INC REAR TIMONIUM, MD	UNRESTRICTED	$20,000
HELPING UP MISSION BALTIMORE, MD	UNRESTRICTED	$25,000

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

Frequently Asked Questions

What does The Nabit Foundation Inc fund?

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

How do I apply for a grant from The Nabit Foundation Inc?

**Grant Characteristics:** • Typical award range: $250–$53,792 • Grant type: Primarily unrestricted grants and contributions **Recent Grant Activity (2025):** The foundation made 28 grants in the most recent fiscal year. Notable recent grants include: • Gilman School: $53,792 (unrestricted) • Rebuild Metro (TRF DP): $50,000 (unrestricted) • Church of the Redeemer: $40,000 (unrestricted) **Total giving:** $285,292 (based on most recent filing)

Where does The Nabit Foundation Inc make grants?

The foundation primarily funds organizations in Maryland, Virginia, and Tennessee, with a particular emphasis on the Baltimore area.

What size grants does The Nabit Foundation Inc award?

In 2025, The Nabit Foundation Inc awarded 21 grants totaling $285K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is The Nabit Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Nabit Foundation Inc reported a distributable amount of $282K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.