Nem K Charitable Foundation Inc
Preselected recipients only
Nem K Charitable Foundation Inc is a private foundation in New York, New York. In tax year 2024 it gave $70,000 in 5 grants; the typical grant was $10,000 and the largest $20,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$70,000
- Number of grants5
- Typical grant$10,000
- Largest grant$20,000
- Assets$117,036
- New grantees80%
Giving in 2024 was down from $128,903 the year before.
80% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $128,903 | 7 | $89,466 |
| 2024 | $70,000 | 5 | $117,036 |
How to apply
Nem K Charitable 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.
Where it gives
Its grants went to recipients in 4 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 2 | $30,000 |
| New Jersey | 1 | $20,000 |
| New York | 1 | $10,000 |
| Texas | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Akshaya Patra Foundation USA | Donation to a domestically registered charitable organization. | $20,000 |
| International Mahavir Jain Mission | Donation to a domestically registered charitable organization. | $20,000 |
| Ekal Vidhyalaya Foundation of USA | Donation to a domestically registered charitable organization. | $10,000 |
| Arihanta Institute | Donation to a domestically registered charitable organization. | $10,000 |
| Jain Center of America | Donation to a domestically registered charitable organization. | $10,000 |
Officers and trustees
- Sunil Jain
- Sudhir Jain
- Ankit Jain
Questions people ask
Does Nem K Charitable Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Nem K Charitable Foundation Inc give?
$70,000 in tax year 2024, across 5 grants, with a typical grant of $10,000.
Who runs Nem K Charitable Foundation Inc?
Its 2024 filing lists Sunil Jain (President), Sudhir Jain (Secretary) and Ankit Jain (Treasurer).