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Shamim & M Nafees Nagy Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 2018. It holds total assets of $1K. Annual income is reported at $678. Total assets have grown from N/A in 2019 to $26K in 2023. 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 2020 to 2023. According to available records, Shamim & M Nafees Nagy Foundation has made 3 grants totaling $150K, with a median grant of $50K. Annual giving has decreased from $100K in 2022 to $50K in 2023. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
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.
Shamim & M Nafees Nagy Foundation 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 TX.
Shamim & M Nafees Nagy Foundation has distributed a total of $150K across 3 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $50K.
Shamim & M Nafees Nagy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shamim & M Nafees Nagy Foundation is headquartered in LAS VEGAS, NV.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mn Nagy | PRESIDENT & CEO | $0 | $0 | N/A |
| Shamim Nagy | TREASURER | $0 | $0 | N/A |
| Aurangzeb N Nagy | DIRECTOR | $0 | $0 | N/A |
| Abraham J Nagy | DIRECTOR | $0 | $0 | N/A |
Total Giving
$50K
Total Assets
$26K
Fair Market Value
$26K
Net Worth
$26K
Grants Paid
$50K
Contributions
$25K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
3
Total Giving
$150K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
1
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Us Shape IncMEDICAL LOAN PROGRAM | Southlake, TX | $50K | 2023 |