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Nelco Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1957. It holds total assets of $8.6M. Annual income is reported at $1.4M. Total assets have grown from $6M in 2010 to $8.5M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in New York. According to available records, Nelco Foundation Inc. has made 65 grants totaling $405K, with a median grant of $2K. Individual grants have ranged from $180 to $50K, with an average award of $6K. The foundation has supported 65 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Florida, which account for 78% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$6K
Largest Grant
$100K
Based on 63 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.
Nelco Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in NY, NJ, FL.
Nelco Foundation Inc. has distributed a total of $405K across 65 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $180 to $50K.
Nelco Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nelco Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Blumenthal | VICE PRESIDENT | $0 | $0 | N/A |
| Barbara Blumenthal | PRESIDENT & TRUSTEE | $0 | $0 | N/A |
Total Giving
$595K
Total Assets
$8.5M
Fair Market Value
$9.5M
Net Worth
$8.5M
Grants Paid
$483K
Contributions
$887K
Net Investment Income
$461K
Distribution Amount
$395K
Total: $6.1M
Total Grants
65
Total Giving
$405K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
65
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab CharitableTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Orlando, FL | $50K | 2022 |
| The Jewish Life Center IncTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Madison, NJ | $48K | 2022 |
| Beit Issie ShapiroTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $45K | 2022 |
| Yad VashemTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $38K | 2022 |
| American Israel Education FoundationTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Nw Washington, DC | $36K | 2022 |
| Better Future For IsraelTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Teaneck, NJ | $24K | 2022 |
| Fjc Jewish Community Of PolandTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $23K | 2022 |
| North American Friends Of OranimTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Milwaukee, WI | $10K | 2022 |
| Friends Of Israel Defense ForcesTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $10K | 2022 |
| Jcc Greater Coney Island IncTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Brooklyn, NY | $10K | 2022 |
| Maimonides Medical CenterTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Brooklyn, NY | $10K | 2022 |
| Bayit LepleitotTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Brooklyn, NY | $5K | 2022 |
| Chabad Student CenterTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS SEE | Boca Raton, FL | $5K | 2022 |
| Manhattan Jewish Students CenterTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $5K | 2022 |
| Hillel InternationalTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Nw Washington, DC | $4K | 2022 |
| It Gets Better ProjectTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Los Angeles, CA | $4K | 2022 |
| Heschel SchoolTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $4K | 2022 |
| Gesher FoundationTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $4K | 2022 |
| Jewish Foundation For Group HomesTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Rockville, MD | $4K | 2022 |
| Basser Center For BrcaTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Philadelphia, PA | $4K | 2022 |
| Ohel Bais EzraTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Brooklyn, NY | $4K | 2022 |
| Museuem Of Jewish HeritageTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $4K | 2022 |
| Shorefront Jewish Community CouncilTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Brooklyn, NY | $3K | 2022 |
| The Jewish Center Of Atlantic BeachTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Atlantic Beach, NY | $3K | 2022 |
| Jewish CenterTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $3K | 2022 |
| American Jewish World ServiceTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $3K | 2022 |
| Tannenbaum Chabad HouseTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Evanston, IL | $2K | 2022 |
| Romemu CongregationTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Broadway Caresequity Fights AidsTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS SEE | New York, NY | $2K | 2022 |
| American Freinds Of Magen David AdomTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Robin HoodTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| American Committee For The Weizman InstituteTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| HiasTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Yivo Institute For Jewish ResearchTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Israel Special Kids FundTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Teaneck, NJ | $2K | 2022 |
| Algemeiner IncTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Israel Sports Assoc For The Disabled Co Pef Endowment FundsTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $2K | 2022 |
| Georgetown University Law CenterTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Washington, DC | $1K | 2022 |
| Columbia College FundTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| Nyu SternTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| American Foundation For Suicide PreventionTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| Innocence ProjectTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| San Antonio Broadway TheatreTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | San Antonio, TX | $1K | 2022 |
| Fisher House FoundationTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS TO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS SEE ATTACHED | Rockville, MD | $1K | 2022 |
| DorotTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| Blue CardTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS SEE | New York, NY | $1K | 2022 |
| Friends Of Israel Disabled Veterans Beit HalochemTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| Drug Policy AllianceTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |
| John C Byrd Md Leukemia Research Fund University Of Cincinnati FoundationTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | Cincinatti, OH | $1K | 2022 |
| Seeds Of PeaceTO FUND JEWISH CHARITABLE ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS | New York, NY | $1K | 2022 |