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Helen G Nassif Foundation Inc. is a private corporation based in CHARLESTON, WV. The foundation received its IRS ruling in 1997. The principal officer is The Foundation. It holds total assets of $10.3M. Annual income is reported at $668K. Total assets have grown from $1.4M in 2011 to $10.2M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa, West Virginia and Indiana. According to available records, Helen G Nassif Foundation Inc. has made 9 grants totaling $1.3M, with a median grant of $156K. Annual giving has grown from $467K in 2020 to $800K in 2022. Individual grants have ranged from $100K to $200K, with an average award of $141K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Iowa and West Virginia and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$156K
Median Grant
$156K
Average Grant
$156K
Largest Grant
$156K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Helen G Nassif Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IA, WV, IN.
Helen G Nassif Foundation Inc. has distributed a total of $1.3M across 9 grants. The median grant size is $156K, with an average of $141K. Individual grants have ranged from $100K to $200K.
Helen G Nassif Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Helen G Nassif Foundation Inc. is headquartered in CHARLESTON, WV. While based in WV, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tom Amosson | DIRECTOR | $0 | $0 | N/A |
| Dr Alex Skaff | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Dr John M Nassif | DIRECTOR | $0 | $0 | N/A |
| Marina A Nassif | DIRECTOR | $0 | $0 | N/A |
| Jeanne Amosson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$609K
Total Assets
$10.2M
Fair Market Value
$13.9M
Net Worth
$10.2M
Grants Paid
$600K
Contributions
N/A
Net Investment Income
$388K
Distribution Amount
$692K
Total: $8.8M
Total Grants
9
Total Giving
$1.3M
Average Grant
$141K
Median Grant
$156K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Cedar Rapids Community FoundationRESTRICTED CONTRIBUTION TO SUPPORT CHARITABLE PROJECTS DESIGNATED BY THE HELEN G NASSIF FUND (DONOR-ADVISED FUND). | Cedar Rapids, IA | $200K | 2022 |
| St George ChurchCAPITAL PROJECT (ADDITION TO MULTIPLE PURPOSE HALL) | Cedar Rapids, IA | $100K | 2022 |
| St George Foundation IncUNRESTRICTED CONTRIBUTION TO FURTHER THE DONEE'S EXEMPT PURPOSE | Charleston, WV | $100K | 2022 |
| St John Chrysostom ChurchUNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | Fort Wayne, IN | $156K | 2020 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV