The Nahigian Family Foundation
The Nahigian Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $577K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $110K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$577K
+41.6% YoY
Annual Giving
$9K
-38.7% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$2K
-51.0% YoY
Under IRS private-foundation payout rules, The Nahigian Family Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nahigian Family Foundation
Based on IRS filings
The Nahigian Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $577K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $576,609 | $407,191 | $433,732 |
| Revenue | $196,206 | $3,483 | $80,345 |
| Expenses | $26,788 | $30,024 | $22,220 |
| Qualifying Distributions | $17,086 | $22,775 | $13,525 |
| Net Investment Income | $109,727 | — | $22,615 |
| Distributable Amount | $28,876 | $23,362 | $20,130 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Covenant Life Community Church ($5,000), Immanuel Church-on-the-hill ($2,000), St Anthony Catholic Parish in Fort Lauderdale Inc ($1,158).
| Recipient | Purpose | Amount |
|---|---|---|
| ADMIRALS COVE FOUNDATION INC JUPITER, FL | General & Unrestricted | $100 |
| COVENANT LIFE COMMUNITY CHURCH LANSING, MI | General & Unrestricted | $5,000 |
| CURE ALZHEIMER'S FUND WELLESLEY HILLS, MA | General & Unrestricted | $1,000 |
| IMMANUEL CHURCH-ON-THE-HILL ALEXANDRIA, VA | General & Unrestricted | $2,000 |
| ST ANTHONY CATHOLIC PARISH IN FORT LAUDERDALE INC FT LAUDERDALE, FL | General & Unrestricted | $1,158 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Courtney Nahigian | Co- Pres, Dir | 1 | — |
| Keith Nahigian | Co-Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nahigian Family Foundation?
The Nahigian Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $577K in total assets as of 2024.
How large is The Nahigian Family Foundation?
As of 2024, The Nahigian Family Foundation holds $577K in total assets with $196K in annual revenue. It awarded 5 grants totaling $9K in 2024.
Where does The Nahigian Family Foundation operate?
The Nahigian Family Foundation has awarded grants in California, Florida, Massachusetts, Michigan, Virginia.
What size grants does The Nahigian Family Foundation award?
In 2024, The Nahigian Family Foundation awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Nahigian Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nahigian Family Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nahigian Family Foundation's EIN?
The Nahigian Family Foundation's EIN (Employer Identification Number) is 27-1424530. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Nahigian Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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