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Nitram Foundation Inc. is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 1999. The principal officer is Andrew V Martin. It holds total assets of $1.2M. Annual income is reported at $259K. The foundation is governed by 4 officers and trustees. 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 2018 to 2023. The foundation primarily funds organizations in Florida, New Jersey and New York. According to available records, Nitram Foundation Inc. has made 27 grants totaling $101K, with a median grant of $3K. Annual giving has decreased from $58K in 2022 to $43K in 2023. Individual grants have ranged from $500 to $16K, with an average award of $4K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Florida and New Jersey and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$7K
Based on 14 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.
Nitram Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in FL, NJ, NY.
Nitram Foundation Inc. has distributed a total of $101K across 27 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $16K.
Nitram Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nitram Foundation Inc. is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert A Martin | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Margaret C Martin | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Andrew V Martin | TREASURER/TRUSTEE | $0 | $0 | N/A |
| Christan E Horne | ASSISTANT TREASURER | $0 | $0 | N/A |
Total Giving
$66K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$56K
Total: $514K
Total Grants
27
Total Giving
$101K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchUNRESTRICTED GENERAL | Vero Beach, FL | $16K | 2023 |
| Lake Wales Care Center IncUNRESTRICTED GENERAL | Lake Wales, FL | $6K | 2023 |
| Trustees Of Columbia University In NycUNRESTRICTED GENERAL | New York, NY | $5K | 2023 |
| Childcare Resources Of Indian River IncUNRESTRICTED GENERAL | Vero Beach, FL | $5K | 2023 |
| Interfaith Neighbors IncUNRESTRICTED GENERAL | Asbury Park, NJ | $3K | 2023 |
| Indian River County Medical Society FdnUNRESTRICTED GENERAL | Sebastian, FL | $3K | 2023 |
| Point Pleasant Presbyterian ChurchUNRESTRICTED GENERAL | Point Pleasant Beach, NJ | $2K | 2023 |
| Operation Bling FoundationUNRESTRICTED GENERAL | New Providence, NJ | $2K | 2023 |
| Bay Head Chapel AssociationUNRESTRICTED GENERAL | Bay Head, NJ | $1K | 2023 |
| Hope For Families Center IncUNRESTRICTED GENERAL | Vero Beach, FL | $1K | 2023 |
| Environmental Learning Center IncUNRESTRICTED GENERAL | Vero Beach, FL | $500 | 2023 |
| Trustees Of Columbia Univerisy In NycUNRESTRICTED GENERAL | New York, NY | $5K | 2022 |
| Indian River Medical Center FoundationCARDIAC CARE DIVISION | Vero Beach, FL | $5K | 2022 |
| Vna & Hospice FoundationUNRESTRICTED GENERAL | Vero Beach, FL | $5K | 2022 |
| IrcvasUNRESTRICTED GENERAL | Vero Beach, FL | $3K | 2022 |
| Eye Bank For Sight RestorationUNRESTRICTED GENERAL | New York, NY | $2K | 2022 |
| St Vincent De Paul SocietyST. LUKE CONFERENCE | Toms River, NJ | $1K | 2022 |
| Lake Wales Care Center FoundationUNRESTRICTED GENERAL | Lake Wales, FL | $1K | 2022 |