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Also known as: Attn Ken Slutsky Tax Exempt Inst Grp
Nsn Foundation Inc. is a private corporation based in ROSELAND, NJ. The foundation received its IRS ruling in 2001. The principal officer is % Kenneth J Slutsky. It holds total assets of $171M. Annual income is reported at $377.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Nsn Foundation Inc. has made 6 grants totaling $753.9M, with a median grant of $138.5M. Annual giving has grown from $334M in 2022 to $419.9M in 2023. Individual grants have ranged from $34M to $245.4M, with an average award of $125.6M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Jersey and New York. Contributions to this foundation are tax-deductible.
Nsn Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NJ, NY.
Nsn Foundation Inc. has distributed a total of $753.9M across 6 grants. The median grant size is $138.5M, with an average of $125.6M. Individual grants have ranged from $34M to $245.4M.
Nsn Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nsn Foundation Inc. is headquartered in ROSELAND, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John L Berger | Vice President/Asst Secy. | $0 | $0 | $0 |
| Nison Mangement Llc | Member | $0 | $0 | $0 |
| David Mills | Vice President/Secy. | $0 | $0 | $0 |
| Kenneth J Slutsky | President/Treasurer | $0 | $0 | $0 |
Total Giving
$420M
Total Assets
$81.3M
Fair Market Value
N/A
Net Worth
$81.3M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$3.4M
Distribution Amount
$14.9M
Total Grants
6
Total Giving
$753.9M
Average Grant
$125.6M
Median Grant
$138.5M
Unique Recipients
3
Most Common Grant
$150M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chdi Foundation Inc Attn Ken Slutsky Tax Exempt Inst GrpTo further CHDI's direct charitable activities of promoting and assisting in medical and scientific research in the field of neurodegenerative diseases. | Roseland, NJ | $245.4M | 2023 |
| High Q Foundation Inc Attn Ken Slutsky Tax Exempt Inst GrpTo increase the charitable endowment which shall serve as a philanthropic fund for the primary purpose of supporting suitable clinical trials. | Roseland, NJ | $126.9M | 2023 |
| Jewish Communal FundFor the general fund of the charity | New York, NY | $47.5M | 2023 |
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