The Nesi Family Foundation is a private foundation established in 2003 in Connecticut and currently based in New York City. The foundation operates as a 501(c)(3) organization with the primary purpose of generating investment income to be granted at a later date.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+2.2% YoY
Annual Giving
$641K
+47.7% YoY
Grant Count
46
+12.2% YoY
Avg Grant Size
$14K
+31.7% YoY
Under IRS private-foundation payout rules, The Nesi Family Foundation reported a distributable amount of $609K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose is to generate investment income that will be granted at a later date. The foundation makes grants described as "general contributions" to its grantees.
Grantmaking
The Nesi Family Foundation is an active grantmaker with a demonstrated commitment to educational institutions and charitable organizations.
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Geographic Focus
Where this funder awards grants
The foundation funds organizations nationally, with documented grants to institutions in multiple states including Connecticut, Indiana, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,250,888
- Total Revenues: $742,781
- Total Expenses: $696,154
- Number of Employees: 0
The foundation maintains a lean operational structure with no full-time employees, consistent with its role as a private grantmaking foundation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,250,888 | $8,076,680 | $8,143,664 |
| Revenue | $742,781 | $426,376 | $602,420 |
| Expenses | $696,154 | $496,793 | $616,319 |
| Qualifying Distributions | $641,354 | $440,623 | $552,859 |
| Net Investment Income | $687,981 | $370,206 | $553,310 |
| Distributable Amount | $609,427 | $515,134 | $518,878 |
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 2024
Grant Size Distribution
179 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Adam J Lewis Academy ($100,000), University of Notre Dame ($100,000), Brown Annual Fund ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 911 MEMORIAL MUSEUM NEW YORK, NY | GENERAL CONTRIBUTION | $5,000 |
| ADAM J LEWIS ACADEMY BRIDGEPORT, CT | GENERAL CONTRIBUTION | $100,000 |
| BRONX LACROSSE PURCHASE, NY | GENERAL CONTRIBUTION | $15,000 |
| BROWN ANNUAL FUND PROVIDENCE, RI | GENERAL CONTRIBUTION | $50,000 |
| CAMP CHINGACHGOOK KATTSKILL BAY, NY | GENERAL CONTRIBUTION | $2,500 |
| CIRCLE OF CARE WILTON, CT | GENERAL CONTRIBUTION | $7,500 |
| CONNECTICUT FOOD BANK WALLINGFORD, CT | GENERAL CONTRIBUTION | $5,000 |
| FAIRFIELD MUSEUM AND HISTORY CENTER FAIRFIELD, CT | GENERAL CONTRIBUTION | $1,000 |
| GEORGETOWN UNIVERSITY WASHINGTON, DC | GENERAL CONTRIBUTION | $50,000 |
| GREENS FARM ACADEMY WESTPORT, CT | GENERAL CONTRIBUTION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTOR J NESI | PRESIDENT | 5 | — |
| DENISE S NESI | TREASURER | 1 | — |
| GERALD D DESROCHES | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Nesi Family Foundation fund?
The foundation's stated purpose is to generate investment income that will be granted at a later date. The foundation makes grants described as "general contributions" to its grantees.
How do I apply for a grant from The Nesi Family Foundation?
The Nesi Family Foundation is an active grantmaker with a demonstrated commitment to educational institutions and charitable organizations. **Recent Grant Activity (2024):** • Made 36 grants in the most recent year • Notable grantees include: • Adam J Lewis Academy: $100,000 • University of Notre Dame: $100,000 • Georgetown University: $50,000 • Additional 25 grants totaling $442,015 All grants are categorized as "General Contribution" grants.
Where does The Nesi Family Foundation make grants?
The foundation funds organizations nationally, with documented grants to institutions in multiple states including Connecticut, Indiana, and Washington, D.C.
What size grants does The Nesi Family Foundation award?
In 2024, The Nesi Family Foundation awarded 46 grants totaling $641K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Nesi Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nesi Family Foundation reported a distributable amount of $609K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nesi Family Foundation's EIN?
The Nesi Family Foundation's EIN (Employer Identification Number) is 20-0449533. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Nesi Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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