The Naresh C Jain Foundation

Foundation · Grantmaker CENTERVILLE, VA EIN: 33-0687485

The Naresh C Jain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTERVILLE, VA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 16 grants totaling $1.0M. Net investment income was $39K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1.0M

+1306.9% YoY

Grant Count

16

-5.9% YoY

Avg Grant Size

$63K

+1394.9% YoY

Under IRS private-foundation payout rules, The Naresh C Jain Foundation reported a distributable amount of $52K for 2023 — the minimum it must pay out in qualifying distributions.

About The Naresh C Jain Foundation

Based on IRS filings

The Naresh C Jain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTERVILLE, VA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 16 grants totaling $1.0M. Net investment income was $39K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlhambraAmericusAtlantaBakersfieldBerkeleyBethesdaBostonBronxCentervilleChicagoHagerstownLos AngelesMemphisMerrifieldMiamiNew YorkOak BrookOaklandPhoenixWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$277K$555K$832K$1M2020202120222023
Metric202320222021
Total Assets$962,982$1,017,486
Revenue$46,021$11,343$129,495
Expenses$1,008,337$78,200$63,268
Qualifying Distributions$1,001,304$71,169$58,488
Net Investment Income$39,487$45,855$123,935
Distributable Amount$51,637$57,206$63,553

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$501K$751K$1M14 grants202014 grants202117 grants202216 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

FIDELITY CHARITABLE GIFT…$866KUNIVERSITY OF CALIFORNIA$65KBHAGWAN MAHAVIR SEWA KEN…$60KST JUDE CHILDREN'S RESEA…$4KGIVE2ASIA$2KALZHEIMER'S ASSOCIATION$551MAKE A WISH FOUNDATION$551DOCTORS WITHOUT BORDERS$551SALVATION ARMY$551AMERICAN ARTHRITIS FOUND…$551

Grant Size Distribution

61 grants across all recorded years

55<$50K5$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Fidelity Charitable Gift Fund ($865,592), University of California ($65,000), Bhagwan Mahavir Sewa Kendra ($60,000).

RecipientPurposeAmount
BHAGWAN MAHAVIR SEWA KENDRA HUNGER RELIEF$60,000
ST JUDE CHILDREN'S RESEARCH MEMPHIS, TNMEDICAL RESEARCH$3,501
ALZHEIMER'S ASSOCIATION CHICAGO, ILMEDICAL RESEARCH$551
MAKE A WISH FOUNDATION PHOENIX, AZHUMANITARIAN$551
DOCTORS WITHOUT BORDERS HAGERSTOWN, MDMEDICAL RELIEF$551
SALVATION ARMY ALHAMBRA, CAHUNGER RELIEF$551
AMERICAN ARTHRITIS FOUNDATION ATLANTA, GAMEDICAL RESEARCH$551
HABITAT FOR HUMANITY AMERICUS, GAHOUSING$551
AMERICAN DIABETES ASSOCIATION MERRIFIELD, VAMEDICAL RESEARCH$551
MISSIONARIES OF CHARITY BRONX, NYHUMANITARIAN$551

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
NARESH C JAINPresident & CEO1
GERDA J JAINCFO0.25
ROLI POINTSSecretary0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Naresh C Jain Foundation?

The Naresh C Jain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CENTERVILLE, VA. It holds — in total assets as of 2023.

Where does The Naresh C Jain Foundation operate?

The Naresh C Jain Foundation has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, New York, Tennessee, Virginia.

What size grants does The Naresh C Jain Foundation award?

In 2023, The Naresh C Jain Foundation awarded 16 grants totaling $1.0M — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is The Naresh C Jain Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Naresh C Jain Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Naresh C Jain Foundation's EIN?

The Naresh C Jain Foundation's EIN (Employer Identification Number) is 33-0687485. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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