The Nemec Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $116K. Net investment income was $207K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+3.9% YoY
Annual Giving
$116K
+21.9% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$14K
-23.8% YoY
About The Nemec Family Fund
Based on IRS filings
The Nemec Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $116K. Net investment income was $207K.
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 | $2,375,326 | $2,285,553 | $2,318,757 |
| Revenue | $227,500 | $78,190 | $102,045 |
| Expenses | $137,727 | $111,394 | $58,676 |
| Qualifying Distributions | $117,250 | $94,750 | $35,000 |
| Net Investment Income | $207,023 | $61,546 | $84,862 |
| Distributable Amount | $132,717 | $118,887 | $119,004 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH NEMEC JR | TRUSTEE | 1 | — |
| JUTTA M NEMEC | TRUSTEE | 1 | — |
| JOSEPH EDWARD NEMEC III | TRUSTEE | 1 | — |
| JOHN WILLIAMS NEMEC | TRUSTEE | 1 | — |
| CARMEN LAMAS | TRUSTEE | 1 | — |
| MICHAEL PAUL NEMEC | TRUSTEE | 1 | — |
| JENNIFER BERGERON | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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