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Nessim Family Foundation is a private trust based in SAG HARBOR, NY. The foundation received its IRS ruling in 2022. The principal officer is Michael Nessim. It holds total assets of $1.9M. Annual income is reported at $881K. Total assets have grown from $180K in 2020 to $1.9M in 2024. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. Grantmaking is concentrated in New York. According to available records, Nessim Family Foundation has made 45 grants totaling $112K, with a median grant of $2K. Annual giving has grown from $24K in 2021 to $88K in 2022. Individual grants have ranged from $100 to $11K, with an average award of $2K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in New York, Florida, Wisconsin, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$2K
Largest Grant
$8K
Based on 11 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.
Nessim Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in NY, FL, WI.
Nessim Family Foundation has distributed a total of $112K across 45 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $100 to $11K.
Nessim Family Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 12/31.
Nessim Family Foundation is headquartered in SAG HARBOR, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Nessim | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
45
Total Giving
$112K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
22
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chai LifelineCHARITY | New York, NY | $3K | 2022 |
| Larger Than LifeCHARITY | Long Island City, NY | $361 | 2021 |
| United WayCHARITY | Atlanta, GA | $100 | 2021 |
| Moise Safra Community CenterCHARITY | New York, NY | $11K | 2022 |
| Wizo UsaCHARITY | New York, NY | $7K | 2022 |
| Give ButterCHARITY | Rye Brook, NY | $5K | 2022 |
| Beit RuthCHARITY | Jericho, NY | $3K | 2022 |
| Abraham Heschel SchoolCHARITY | New York, NY | $3K | 2022 |
| UchabadCHARITY | Coral Gables, FL | $3K | 2022 |
| Elementary Youth In DistressCHARITY | New York, NY | $3K | 2022 |
| NamiCHARITY | New York, NY | $2K | 2022 |
| Persian Jewish CenterCHARITY | New York, NY | $1K | 2022 |
| Temple EmanuelCHARITY | Miami Beach, FL | $780 | 2022 |
| Univ Of Wisconsin Hillel FoundationCHARITY | Milwaukee, WI | $540 | 2022 |
| T'Shuvah CenterCHARITY | New York, NY | $515 | 2022 |
| DtcareCHARITY | Moon Township, PA | $500 | 2022 |
| MiscellaneousCHARITY | Rye Brook, NY | $360 | 2022 |
| The Shefa SchoolCHARITY | New York, NY | $360 | 2022 |
| UjaCHARITY | New York, NY | $150 | 2022 |
| Jpm CenterCHARITY | Sag Harbor, NY | $8K | 2021 |
| Sag Harbor FlipcauseCHARITY | Sag Harbor, NY | $4K | 2021 |
| Kids For Kids FoundationCHARITY | Brooklyn, NY | $2K | 2021 |