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Nec Foundation Of Americas is a private corporation based in IRVING, TX. The foundation received its IRS ruling in 1991. The principal officer is Deon Retemeyer. It holds total assets of $12.1M. Annual income is reported at $1.1M. Total assets have grown from $8.9M in 2011 to $11.2M in 2022. The foundation is governed by 5 officers and trustees. Grants approved to 8 charitable educational or research organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Texas, Hawaii, Georgia. According to available records, Nec Foundation Of Americas has made 26 grants totaling $1.6M, with a median grant of $45K. Annual giving has decreased from $906K in 2020 to $520K in 2022. Individual grants have ranged from $5K to $150K, with an average award of $60K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Texas, Georgia, Hawaii, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$65K
Average Grant
$74K
Largest Grant
$150K
Based on 7 grants from the most recent 990-PF filing.
Grants approved to 8 charitable educational or research organizations
Grants approved to 8 charitable educational or research organizations. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in TX, GA, HI.
Nec Foundation Of Americas has distributed a total of $1.6M across 26 grants. The median grant size is $45K, with an average of $60K. Individual grants have ranged from $5K to $150K.
Nec Foundation Of Americas typically selects its grantees rather than accepting unsolicited proposals.
Nec Foundation Of Americas is headquartered in IRVING, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deon Retemeyer | SECRETARY | $0 | $0 | N/A |
| Masahiro Ikeno | PRESIDENT DIR | $0 | $0 | N/A |
| John Dow | TREASURER | $0 | $0 | N/A |
| Ken Wilson | VICE PRESIDENT | $0 | $0 | N/A |
| Akiko Shikimori | DIRECTOR | $0 | $0 | N/A |
Total Giving
$723K
Total Assets
$11.2M
Fair Market Value
$11.2M
Net Worth
$10.6M
Grants Paid
$655K
Contributions
N/A
Net Investment Income
$285K
Distribution Amount
$505K
Total Grants
26
Total Giving
$1.6M
Average Grant
$60K
Median Grant
$45K
Unique Recipients
21
Most Common Grant
$65K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fc Dallas FoundationCHARITABLE RESEARCH | Frisco, TX | $150K | 2022 |
| Fearless Foundation Get Ready ProgrCHARITY | Atlanta, GA | $125K | 2022 |
| Young Womens NetworkEDUCATION | Dallas, TX | $105K | 2022 |
| Catch Up And ReadEDUCATION | Dallas, TX | $65K | 2022 |
| Aio FoundationEDUCATIN | Honolulu, HI | $50K | 2022 |
| Hawaii Executive CollaborativeEDUCATION | Honolulu, HI | $20K | 2022 |
| World Central KitchenCHARITABLE | Washington, DC | $5K | 2022 |
| Irving CaresCHARITABLE | Irving, TX | $30K | 2021 |
| Northern Nj Community FoundationCHARITABLE | Hackensack, NJ | $25K | 2021 |
| Seton Fund Of The DaughtersCHARITABLE | Austin, TX | $25K | 2021 |
| Arlington Food Assistance CenterCHARITABLE | Arlington, VA | $20K | 2021 |
| Rancho Cordova Food LockerCHARITABLE | Rancho Cordova, CA | $20K | 2021 |
| Texas State UniversityEDUCATION | San Marcos, TX | $15K | 2021 |
| University Of Texas FoundationEDUCATION | Richardson, TX | $10K | 2021 |
| Young Womens Preparatory NetworkEDUCATION | Dallas, TX | $120K | 2020 |
| University Of TexasEDUCATION | Richardson, TX | $100K | 2020 |
| Catch Up ReadEDUCATION | Dallas, TX | $65K | 2020 |
| Texas St Univ Development FundEDUCATION | San Marcos, TX | $58K | 2020 |
| Unted Way - Stock The SchoolsEDUCATION | Dallas, TX | $40K | 2020 |
| Child Poverty Action LabCHARITABLE RESEARCH | Dallas, TX | $25K | 2020 |
| EarthxEDUCATION | Dallas, TX | $15K | 2020 |