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EIN 52-1756376

The Nabit Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Baltimore
State
Maryland
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
T20: Private Foundations
Description
The Nabit Foundation is a family foundation based in Baltimore, MD, that primarily funds unrestricted grants and contributions to other section 501(c)(3) organizations. It awards grants to grantees such as The Church Of The Redeemer and made 28 grants last year.
Total revenues
$375,613
2023
Total expenses
$253,736
2023
Total assets
$2,407,795
2023
Num. employees
0
2023

Program areas at The Nabit Foundation

Award grants & contributions to other section 501(c)3 organizations.
Contributions received from other 501(c)(3) orgs

Grants made by The Nabit Foundation

GranteeGrant descriptionAmount
Church of the RedeemerUnrestricted$40,000
Maryvale Preparatory SchoolUnrestricted$25,000
Gilman SchoolUnrestricted$25,000
...and 18 more grants made totalling $157,250

Personnel at The Nabit Foundation

NameTitleCompensation
Charles J NabitPresident$0

Financials for The Nabit Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$13,000
Investment income and dividends$93,028
Net rental income$0
Net gain from sale of non-inventory assets$269,585
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$375,613

Form 990s for The Nabit Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-22990PFView PDF
2022-062023-03-10990PFView PDF
2021-062022-05-10990PFView PDF
2020-062021-06-14990PFView PDF
2019-062020-01-21990PFView PDF
...and 7 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990PF for fiscal year 2022
May 17, 2023
Received grants
Identified 1 new grant, including a grant for $116,000 from The Great Chesapeake Bay Swim
June 8, 2022
Posted financials
Added Form 990PF for fiscal year 2020
February 24, 2021
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
20 Commerce St
Baltimore, MD 21202
Metro area
Baltimore-Columbia-Towson, MD
County
Baltimore City, MD
Phone
(410) 727-2404
IRS details
EIN
52-1756376
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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