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Nabit Foundation Incorporated is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 1992. It holds total assets of $2.8M. Annual income is reported at $989K. Total assets have grown from $1.7M in 2011 to $2.4M in 2022. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maryland. According to available records, Nabit Foundation Incorporated has made 103 grants totaling $814K, with a median grant of $1K. Annual giving has grown from $167K in 2021 to $647K in 2022. Individual grants have ranged from $900 to $86K, with an average award of $8K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Maryland, Tennessee, Massachusetts, which account for 73% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$900
Median Grant
$1K
Average Grant
$8K
Largest Grant
$86K
Based on 40 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.
Nabit Foundation Incorporated is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 103 grants. Its grantmaking reaches organizations primarily in MD, TN, MA.
Nabit Foundation Incorporated has distributed a total of $814K across 103 grants. The median grant size is $1K, with an average of $8K. Individual grants have ranged from $900 to $86K.
Nabit Foundation Incorporated typically selects its grantees rather than accepting unsolicited proposals.
Nabit Foundation Incorporated is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles J Nabit | PRESIDENT | $0 | $0 | N/A |
Total Giving
$254K
Total Assets
$2.4M
Fair Market Value
$6M
Net Worth
$2.4M
Grants Paid
$184K
Contributions
$13K
Net Investment Income
$344K
Distribution Amount
$253K
Total: $2M
Total Grants
103
Total Giving
$814K
Average Grant
$8K
Median Grant
$1K
Unique Recipients
51
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Great Chesapeake Bay SwimUNRESTRICTED | Baltimore, MD | $86K | 2022 |
| Heaven On Earth Now IncUNRESTRICTED | Timonium, MD | $35K | 2022 |
| The Church Of The RedeemerUNRESTRICTED | Baltimore, MD | $35K | 2022 |
| Gilman SchoolUNRESTRICTED | Baltimore, MD | $25K | 2022 |
| Maryvale Preparatory SchoolUNRESTRICTED | Lutherville, MD | $25K | 2022 |
| March Of Dimes IncUNRESTRICTED | Baltimore, MD | $25K | 2022 |
| Hippodrome Foundation IncUNRESTRICTED | Baltimore, MD | $17K | 2022 |
| Notre Dame Preparatory SchoolUNRESTRICTED | Towson, MD | $10K | 2022 |
| Global Operations Group Ukraine Aid IncUNRESTRICTED | West Friendship, MD | $10K | 2022 |
| Helping Up MissionUNRESTRICTED | Baltimore, MD | $6K | 2022 |
| Calvert SchoolUNRESTRICTED | Baltimore, MD | $5K | 2022 |
| Chesapeake Bay TrustUNRESTRICTED | Annapolis, MD | $5K | 2022 |
| Baltimore Council On Foreign AffairsUNRESTRICTED | Baltimore, MD | $5K | 2022 |
| The University Of The SouthUNRESTRICTED | Sewanee, TN | $5K | 2022 |
| Mcdonogh SchoolUNRESTRICTED | Owings Mills, MD | $3K | 2022 |
| Shriners Hospitals For ChildrenUNRESTRICTED | Tampa, FL | $2K | 2022 |
| St Judes Children'S HospitalUNRESTRICTED | Arlington, VA | $2K | 2022 |
| Climate Emergency FundUNRESTRICTED | Beverly Hills, CA | $1K | 2022 |
| Aca Scholarship Fund For Camp SkylemarUNRESTRICTED | Naples, ME | $1K | 2022 |
| AspcaUNRESTRICTED | New York, NY | $1K | 2022 |
| Love & CornbreadUNRESTRICTED | Towson, MD | $1K | 2022 |
| Maryland Horse FoundationUNRESTRICTED | Reisterstown, MD | $1K | 2022 |
| Rainforest Foundation UsUNRESTRICTED | Brooklyn, NY | $1K | 2022 |
| SunriseUNRESTRICTED | Herndon, VA | $1K | 2022 |
| The Walters Art MuseumUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Ulman Cancer Fund For Young Adults IncUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Living Classrooms FoundationUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Cystic Fibrosis FoundationUNRESTRICTED | Bethesda, MD | $1K | 2022 |
| B&O Railroad MuseumUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Bais Yaakov School For GirlsUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Baltimore School For The ArtsUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Baltimore Squashwise IncUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Baltimore Tennis PatronsUNRESTRICTED | Towson, MD | $1K | 2022 |