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Nismat Foundation Inc. is a private corporation based in GARDEN CITY, NY. The foundation received its IRS ruling in 2012. The principal officer is % Anna M Boutzalis. It holds total assets of $219K. Annual income is reported at $235K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Nismat Foundation Inc. has made 3 grants totaling $9K, with a median grant of $2K. Annual giving has grown from $4K in 2022 to $5K in 2023. Individual grants have ranged from $2K to $5K, with an average award of $3K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Connecticut and New York. Contributions to this foundation are tax-deductible.
Nismat Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CT, NY.
Nismat Foundation Inc. has distributed a total of $9K across 3 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $2K to $5K.
Nismat Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nismat Foundation Inc. is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen J Nicholas | DIRECTOR | $0 | $0 | $0 |
| William Spanos | DIRECTOR | $0 | $0 | $0 |
| Steven Jlee | DIRECTOR | $0 | $0 | $0 |
Total Giving
$106K
Total Assets
$223K
Fair Market Value
$251K
Net Worth
$223K
Grants Paid
$5K
Contributions
$193K
Net Investment Income
$46K
Distribution Amount
$9K
Total: $218K
Total Grants
3
Total Giving
$9K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bush Cup FoundationGENERAL FUND | Greenwich, CT | $5K | 2023 |
| Scarsdale Raiders Football AssociationGENERAL FUND | Scarsdale, NY | $2K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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