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Filing year 2024

THE NABIT FOUNDATION INC

Baltimore, Maryland·EIN 52-1756376·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$193k
Total assets
$2.8M
Total expenses
$344k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. THE NABIT FOUNDATION INC reported 1 unpaid officer or board member on its 990-PF.

President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$285k

Itemized grants

21

Median grant

$5k

RecipientLocationPurposeAmount
GILMAN SCHOOLBALTIMORE, MDUNRESTRICTED$54k
REBUILD METROBALTIMORE, MDUNRESTRICTED$50k
THE CHURCH OF THE REDEEMERBALTIMORE, MDUNRESTRICTED$40k
HELPING UP MISSIONBALTIMORE, MDUNRESTRICTED$25k
FOXCROFT SCHOOLMIDDLEBURG, VAUNRESTICTED$25k
SWEET BRIAR COLLEGESWEET BRIAR, VAUNRESTICTED$25k
BALTIMORE COUNCIL ON FOREIGN AFFAIRSBALTIMORE, MDUNRESTRICTED$20k
HEAVEN ON EARTH NOW INCREAR TIMONIUM, MDUNRESTRICTED$20k
CALVERT SCHOOLBALTIMORE, MDUNRESTRICTED$5k
HIPPODROME FOUNDATION INCBALTIMORE, MDUNRESTRICTED$5k
THE UNIVERSITY OF THE SOUTHSEWANEE, TNUNRESTRICTED$5k
SHRINERS HOSPITALS FOR CHILDRENATLANTA, GAUNRESTRICTED$2k
ST JUDES CHILDREN'S HOSPITALMEMPHIS, TNUNRESTRICTED$2k
ACA SCHOLARSHIP FUND FOR CAMP SKYLEMARNAPLES, MEUNRESTRICTED$1k
ASPCANEW YORK, NYUNRESTRICTED$1k
B&O RAILROAD MUSEUMBALTIMORE, MDUNRESTRICTED$1k
BAIS YAAKOV SCHOOL FOR GIRLSBALTIMORE, MDUNRESTRICTED$1k
CHESAPEAKE THERAPEUTIC RIDINGABINGOTN, MDUNRESTRICTED$1k
THE WALTERS ART MUSEUMBALTIMORE, MDUNRESTRICTED$1k
ULMAN FOUNDATIONBALTIMORE, MDUNRESTRICTED$1k
BETHANY BEACH VOLUNTEER FIRE CO INCBETHANY BEACH, DEUNRESTRICTED$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE NABIT FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$376k
$254k
2022
$1.2M
$218k
2023
$193k
$344k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maryland

THE NABIT FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maryland earns a median of $40,778.

25th percentile
$12k
Median
$40,778
75th percentile
$115k
90th percentile
$207k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 389 organizations across 389 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maryland
FAQ

Common questions about THE NABIT FOUNDATION INC

What are THE NABIT FOUNDATION INC's revenue and expenses?

In 2024, THE NABIT FOUNDATION INC reported $193k in total revenue and $344k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.