The Ninash Foundation

ONEONTA, NY EIN: 16-1512822

The Ninash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ONEONTA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it awarded 3 grants totaling $75K. Net investment income was $88K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$480K

+7.2% YoY

Annual Giving

$75K

+53.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$25K

+53.8% YoY

Under IRS private-foundation payout rules, The Ninash Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ninash Foundation

Based on IRS filings

The Ninash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ONEONTA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it awarded 3 grants totaling $75K. Net investment income was $88K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Oneonta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$69K$103K$137K20202021202220232024
Metric202420232022
Total Assets$479,874$447,485$463,292
Revenue$124,882$51,516$49,638
Expenses$92,493$67,323$59,700
Qualifying Distributions$77,384$52,088$45,342
Net Investment Income$87,922$7,482$3,955
Distributable Amount$28,385$28,339$29,861

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$56K$75K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

INDO ART CULTURE$60KREADS - RESEARCH EDUCATI…$15KVARIOUS AWARDS TO STUDENTS$200

Grant Size Distribution

15 grants across all recorded years

14<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indo Art Culture ($60,000), Reads - Research Education Audiolog ($15,000), Various Awards to Students ($200).

RecipientPurposeAmount
READS - RESEARCH EDUCATION AUDIOLOG POETRY MEMORIAL LIBRARY$15,000
INDO ART CULTURE SUPPORT FOR SCHOOL$60,000
VARIOUS AWARDS TO STUDENTS ONEONTA, NYSCHOLARSHIP TO PROMOTE MUSIC EDUCATION$200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASHOK MALHOTRAPresident28
JOHN KOLLERVice President2
RAJ MALHOTRASecretary2
LINDA DRAKETreasurer10
TODD SCUDIEREDirector1
CHRISTINA MALHOTRADirector1
MIMI FORMANDirector1
KEN SIDERDirector1
RAVI MALHOTRADirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ninash Foundation?

The Ninash Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ONEONTA, NY. It holds $480K in total assets as of 2024.

How large is The Ninash Foundation?

As of 2024, The Ninash Foundation holds $480K in total assets with $125K in annual revenue. It awarded 3 grants totaling $75K in 2024.

Where does The Ninash Foundation operate?

The Ninash Foundation has awarded grants in New York.

What size grants does The Ninash Foundation award?

In 2024, The Ninash Foundation awarded 3 grants totaling $75K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Ninash Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ninash Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ninash Foundation's EIN?

The Ninash Foundation's EIN (Employer Identification Number) is 16-1512822. IRS Form 990 filing data is available on this page for 2020–2024.

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

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