The Naresh C Jain Foundation
The Naresh C Jain Foundation is a private foundation based in Centerville, Virginia. Its 2023 filing is marked as the organization’s final return, so the foundation appears to have wound down or stopped grantmaking.
The Naresh C Jain Foundation at a glance
In short: The Naresh C Jain Foundation gave $1.0M across 16 grants in 2023 (avg $63K), mostly in Massachusetts. 25% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,001,304
- +1306.9% vs 2022
- Grants made (2023)
- 16
- -5.9% vs 2022
- Average grant
- $62,582
- +1394.9% vs 2022
- Median grant
- $551
- New grantees (estimate)
- 25% first-time grantees (4 of 16, 2023; small sample)
- Primary geography
- Massachusetts (86% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Naresh C Jain Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 5015 Marshall Crown Road, Centerville, VA 20120
Phone: (571) 246-3950
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Naresh C Jain Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
The largest 2023 recipient was Fidelity Charitable Gift Fund ($866K). Together the top 10 received $998K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 55 grants of 61 (90%).
Geographic Focus
Where this funder awards grants
The foundation’s 2023 filing reports that 86% of grant dollars went to recipients in Massachusetts, 7% to California, and 6% to recipients whose state is listed as unknown. Tennessee and Illinois each accounted for 0% as reported.
Grant Distribution by State
Share of 2023 grant dollars across all 16 itemized grants.
States
Cities
Is The Naresh C Jain Foundation open to new grantees?
25%
first-time grantees, 2023
In 2023, 4 of 16 grantees (25%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $233K; repeat grants $6K. How we count
Medians: $33K first-time, $551 repeat.
- 75% of 2023 grantees were also funded in 2022. Method
- Giving grew 995% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $58K (2021) to $1.0M (2023). In 2023 it made 16 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund Boston, MA | Charitable | $865,592 |
| University of California Berkeley, CA | Education | $65,000 |
| Bhagwan Mahavir Sewa Kendra | Hunger Relief | $60,000 |
| St Jude Children's Research Memphis, TN | Medical Research | $3,501 |
| GIVE2ASIA Oakland, CA | Healthcare | $1,500 |
| Alzheimer's Association Chicago, IL | Medical Research | $551 |
| Make a Wish Foundation Phoenix, AZ | Humanitarian | $551 |
| Doctors Without Borders Hagerstown, MD | Medical Relief | $551 |
| Salvation Army Alhambra, CA | Hunger Relief | $551 |
| American Arthritis Foundation Atlanta, GA | Medical Research | $551 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $46,021 | $1,008,337 | $1,001,304 | 16 | $1,001,304 | $39,487 | $51,637 |
| 2022 | $962,982 | $11,343 | $78,200 | $71,169 | 17 | $71,169 | $45,855 | $57,206 |
| 2021 | $1,017,486 | $129,495 | $63,268 | $58,488 | 14 | $58,488 | $123,935 | $63,553 |
| 2020 | $951,075 | $-10,906 | $96,219 | $91,411 | 14 | — | — | $52,421 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2023 grants included support for organizations working in areas such as education, hunger relief, healthcare, medical research, housing, and humanitarian services.
Among the grantees described in their own terms, the American Diabetes Association says its mission is to prevent and cure diabetes and improve the lives of people affected by diabetes. Habitat for Humanity says it seeks to eliminate poverty housing and make decent shelter a matter of conscience and action. Give2Asia says it provides philanthropic services and supports compliant, effective international grantmaking.
Grantmaking
In filing year 2023, the foundation reported 16 grants totaling $1,001,304. Individual grants ranged from $201 to $865,592, with a median of $551.
The largest listed grants were $865,592 to Fidelity Charitable Gift Fund for charitable purposes, $65,000 to the University of California for education, and $60,000 to Bhagwan Mahavir Sewa Kendra for hunger relief. Other listed grants included $3,501 to St. Jude Children’s Research for medical research and $1,500 to Give2Asia for healthcare. The filing also lists $551 grants to organizations including the American Diabetes Association, Habitat for Humanity, and Doctors Without Borders.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Naresh C Jain as President & CEO, Gerda J Jain as CFO, and Roli Points as Secretary.
The Naresh C Jain Foundation is led by Naresh C. Jain, President & CEO on every filing since 2020; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Naresh C. Jain
President & CEO
On filings since 2020
1 hr/week
No compensation reported
Gerda J. Jain
CFO
On filings since 2020
0.3 hrs/week
No compensation reported
Roli Points
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Naresh C Jain Foundation
How much does The Naresh C Jain Foundation give each year?
The Naresh C Jain Foundation gave $1.0M across 16 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $71K across 17 grants.
What is The Naresh C Jain Foundation's typical grant size?
The Naresh C Jain Foundation's median grant in 2023 was $551, and its average grant was $62,582, across 16 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from The Naresh C Jain Foundation that year got $233K on average.
Where does The Naresh C Jain Foundation give grants?
The Naresh C Jain Foundation gives mostly in Massachusetts: 86% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was California (7%).
Does The Naresh C Jain Foundation give general operating support?
Not in 2023: none of the 16 grants with a stated purpose on The Naresh C Jain Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical Research" (4 grants) and "Humanitarian" (4 grants).
Who are The Naresh C Jain Foundation's largest grantees?
The Naresh C Jain Foundation's largest 2023 grantees include Fidelity Charitable Gift Fund ($865,592), University of California ($65,000) and Bhagwan Mahavir Sewa Kendra ($60,000), according to its 2023 IRS Form 990-PF. Together they received 99% of its itemized 2023 grant dollars.
What does The Naresh C Jain Foundation fund?
No mission statement for the foundation is provided. Its 2023 grants included support for organizations working in areas such as education, hunger relief, healthcare, medical research, housing, and humanitarian services. See mission & focus areas ↑
How do I apply for a grant from The Naresh C Jain Foundation?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Naresh C Jain Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- IRS filings on file for fiscal years 2020–2023
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The Naresh C Jain Foundation down — hundreds of funders to go?