Nourished Minds Foundation

Nourished Minds Foundation is not a conventional grantmaking organization with an open application funnel — it is a brand-new, closely-held private foundation administered through Foundation Source (the outsourced back-office provider whose Wilmington, DE address, 501 Silverside Rd, appears as the foundation's own address). IRS records show a January 2026 exemption ruling and a first Form 990-PF covering only fiscal year 2024, meaning the foundation has essentially no operating history: two individuals, Sujata Thakker (President, Director, Secretary, and Treasurer) and Parag Thakker (Director), run it with zero compensation, and total charitable disbursements to date are $13,269 — a single-year, early-stage figure, not an annual grants budget. There is no grants page, no published RFP, no application portal, and no listed program officer. The database's own "application_instructions" field is explicitly marked as having no filing on record, and the website associated with the foundation in enrichment data (nourishedminds.org) turns out to belong to an unrelated wellness-coaching business, not this foundation. For grant seekers, this changes the calculus entirely: this profile behaves like a stealth or family-directed foundation in its capitalization year, not an active funder soliciting proposals. First-time applicants should not expect an LOI-to-full-proposal pipeline or site visits — those structures typically emerge only after a foundation has several years of grant cycles under its belt. Instead, the realistic path in is relational: warm introduction to the Thakker family or their Foundation Source administrator, alignment with the foundation's stated mission ("empower individuals with the knowledge and resources they need to enhance their mental well-being") and its three focus areas — mental health and well-being enhancement, recovery support and maintenance, and personal growth and development — and patience, since the foundation is still years from the scale of giving its ~$2.99M asset base implies. Organizations working in mental health, recovery, and personal-development programming are the closest mission fit; broad human-services or unrelated-cause applicants are unlikely to find traction here regardless of outreach quality.

The financial picture is a single data point, not a trend: FY2024 (the only year on file) shows total assets of $2,991,129, total revenue of $2,012,591 (99.4% — $2,000,000 — from one contribution, with $9,384 in interest, $2,979 in asset sales, and $228 in dividends rounding out the rest), and total expenses of just $13,269, all classified as charitable disbursements. Net assets stand at $1,999,322 against $991,807 in liabilities. There is no grantee list, no dollar-by-dollar breakdown of the $13,269 in disbursements, and no multi-year giving history to analyze for median grant size, program-area split, or geographic distribution — the underlying data bundle's grantee and financials arrays are both empty, and this is consistent with what the 990-PF shows: a foundation in its first operating year. The one analytically useful figure is a forward-looking one: IRS rules require private foundations to distribute roughly 5% of average net investment assets annually to remain compliant, which on a ~$2.99M base works out to approximately $150,000 per year. Against that benchmark, $13,269 in FY2024 disbursements is far short — typical for a foundation's inaugural year, since the IRS calculates the minimum distribution off average assets and gives newly formed foundations initial runway before enforcement bites. The practical implication for grant seekers: this foundation is structurally required to ramp its giving substantially in the next 1-3 filing years to stay in compliance, which means real grant dollars are coming even though none of the current record shows where they'll land. No program-area or geographic breakdown is possible yet because no grants of record have been publicly itemized.

Nourished Minds Foundation sits in a cluster of similarly sized, similarly opaque private foundations — the peer set below shares its NTEE classification (Philanthropy & Grantmaking) and a near-identical asset band just under $3M, which suggests these may be foundations formed through the same administrative pipeline (e.g., Foundation Source) around the same period, though that cannot be confirmed from public data alone.

None of the five peers have a listed website in this dataset, and none have disclosed annual giving figures available in the source bundle, reinforcing that this entire peer cluster consists of low-visibility family or closely-held foundations rather than public-facing grant programs. Nourished Minds Foundation is distinguishable within this group only by its explicit mental-health mission statement and its verifiable — if minimal — FY2024 disbursement record; the peers offer no comparable public grantmaking footprint to benchmark against.

There is no public news coverage, press release, or announcement identifiably tied to Nourished Minds Foundation (EIN 99-3683941) as of September 2026 — searches for the foundation's name return either unrelated organizations with similar names (a Seattle Public Library youth mental-health toolkit, a Switzerland-based "Nourishing Minds" nonprofit in Malawi, an Australian "NourishED Mind" research project, and a health-coaching business at the foundation's listed web domain) or generic mental-health grant directories. The only verifiable "recent activity" is regulatory: the IRS ruling date of January 2026 establishing the foundation's 501(c)(3) status, and the filing of its first Form 990-PF on May 9, 2025 for the fiscal year ending December 31, 2024. No leadership changes have occurred since the foundation has had only its two founding directors, Sujata Thakker and Parag Thakker, from inception. No new program announcements, grant cycles, or notable large grants have been publicly reported, which is expected given the foundation's $13,269 in total disbursements to date. The social media handles listed for the foundation (@nourishedminds.ed on TikTok, YouTube, and Instagram) could not be independently verified as active or as belonging to this entity through the searches conducted, and the contact email on file (nourishedminds.ed@gmail.com) is a generic Gmail address rather than an institutional domain — both consistent with a foundation that has not yet built out public-facing infrastructure. Grant seekers should treat the absence of news not as a sign of inactivity but as confirmation that the foundation is still in its pre-launch, asset-building phase.

Because Nourished Minds Foundation has no published RFP, application form, deadline, or program officer, conventional grant-writing tactics (portal submissions, LOI templates, cold proposal mailers) have no address to go to and are unlikely to be read. The single highest-leverage move for a grant seeker is a warm, personal introduction to Sujata Thakker or Parag Thakker, or to their Foundation Source account team at the 501 Silverside Rd, Wilmington, DE administrative address — private foundations at this stage of formation typically make their earliest grants to organizations the founders already know personally or discover through their own networks, not through open solicitation. Mission alignment language should mirror the foundation's own stated wording as closely as possible: frame the ask around "empowering individuals with the knowledge and resources they need to enhance their mental well-being," and tie the specific ask to one of the three named focus areas — mental health and well-being enhancement, recovery support and maintenance, or personal growth and development — rather than a generic wellness pitch. Given zero-compensation officers and no visible administrative staff beyond the Foundation Source back office, keep any outreach materials extremely concise: a one-to-two-page overview of the organization and a specific, modest funding request is far more appropriate than a full formal proposal package, since the foundation's entire FY2024 disbursement total was $13,269. The most common mistake would be treating this as an established funder and investing in a full grant-application cycle (needs statements, logic models, multi-year budgets) that no one at the foundation is positioned to review. A better use of effort is to monitor the foundation's future Form 990-PF filings (via ProPublica Nonprofit Explorer or Candid) for its first itemized grant list, which will reveal actual funding interests, typical award size, and geographic pattern once it exists — none of that exists yet. Do not use the nourishedminds.org contact channels; that domain belongs to an unrelated business.