Nathan Foundation Inc
- Assets
- $4.8m
- Revenue
- $93.6k
- Investments
- $4.6m
- Employees
- 0
- Location
- Cambridge, MD
- Founding
- 07/1962
- Data as of
- 12/2022
- EIN
- 52-6033999
Organization Overview
Nathan Foundation Inc is located in Cambridge, MD. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nathan Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nathan Foundation Inc generated $93.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $332.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nathan Foundation Inc has awarded 106 individual grants totaling $821,419. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward H Nabb Jr President | 1 | $0 | |
Robert S Collison Secretary | 1 | $0 | |
Linda K Nabb Treasurer | 1 | $0 | |
William Batson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $122,053 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,473 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,048 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,415 |
| Total operating and administrative expenses | $32,703 |
| Contributions, gifts, grants paid | $299,650 |
| Total expenses and disbursements | $332,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $204,975 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,861,054 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,800,793 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nathan Foundation Inc has awarded $299,650 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
MID-SHORE COMMUNITY FOUNDATION INC PURPOSE: GENERAL SUPPORT | $5,000 |
NANTICOKE HISTORIC PRESERVATION ALLIANCE PURPOSE: FOR THREE ENTRYWAYS | $22,800 |
ONE MISSION CAMBRIDGE PURPOSE: GENERAL OPERATING | $4,000 |
ALPHA GENESIS CDC PURPOSE: GENERAL OPERATING | $10,000 |
PLEASANT DAY ADULT DAY CARE PURPOSE: GENERAL OPERATING | $10,000 |
DORCHESTER CENTER FOR THE ARTS INC PURPOSE: GENERAL SUPPORT | $5,000 |