NSN Foundation Inc
Preselected recipients only
NSN Foundation Inc is a private foundation in Roseland, New Jersey. In tax year 2023 it gave $279 million in 3 grants; the typical grant was $100 million and the largest $115 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$279 million
- Number of grants3
- Typical grant$100 million
- Largest grant$115 million
- Assets$171 million
- New grantees0%
Giving in 2023 was down from $420 million the year before.
0% of its 2023 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $420 million | 3 | $81.3 million |
| 2023 | $279 million | 3 | $171 million |
How to apply
NSN Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What NSN Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 2 | $215 million |
| New York | 1 | $64.0 million |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| High Q Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp | To increase the charitable endowment which shall serve as a philanthropic fund for the primary purpose of supporting suitable clinical trials. | $115 million |
| CHDI Foundation Inc Attn Ken Slutsky Tax Exempt Inst Grp | To further CHDI's direct charitable activities of promoting and assisting in medical and scientific research in the field of neurodegenerative diseases. | $100 million |
| Jewish Communal Fund | For the general fund of the charity | $64.0 million |
Officers and trustees
- John L Berger
- Kenneth J Slutsky
- David Mills
- Timothy I Hentzel
- NISON Mangement LLC
Questions people ask
Does NSN Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does NSN Foundation Inc give?
$279 million in tax year 2023, across 3 grants, with a typical grant of $100 million.
Who runs NSN Foundation Inc?
Its 2023 filing lists John L Berger (Dir./Vice President/Asst Secretary), Kenneth J Slutsky (Dir./President/Asst Treasurer), David Mills (Dir./Vice President/Secretary) and Timothy I Hentzel (Vice President/Treasurer) among 5 officers and trustees.
What does NSN Foundation Inc fund?
Based on its grants, mainly health, science and research and faith communities.