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NADDISY FOUNDATION INC
NEW YORK, NY · EIN 050544092 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$847K
expenses
$101K
net assets
$25.1M
employees
—
profile · synthesized from sources

NADDISY FOUNDATION INC is a private foundation based in New York that supports charitable organizations through general-purpose grants. The foundation funds a diverse range of recipients including arts institutions, health organizations, educational programs, and humanitarian causes. Its giving focuses on established nonprofits with broad charitable missions.

named programs · 1 · from sources

What they call their work

General Charitable Grantmaking
Provides unrestricted financial support to nonprofit organizations across arts, health, education, and humanitarian sectors
activities · 4 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding general charitable purposes at cultural and educational institutions
      Funds organizations such as the Metropolitan Museum of Art, Bedford Playhouse, and Convent of Sacred Heart for general charitable purposes. These grants support broad institutional missions in education, arts, and culture.
    • Funding general charitable purposes at health and medical organizations
      Funds institutions including the Hospital for Special Surgery, Food Allergy Initiative, and Schwarzman Animal Center for general charitable purposes, supporting healthcare, medical research, and animal welfare initiatives.
  • Fundraising and Financial Support for IDD Services 1 activity
    • Funding general charitable purposes at disability and assistance organizations
      Funds The Seeing Eye for general charitable purposes, supporting services for individuals with visual impairments.
  • Literacy Program Funding 1 activity
    • Funding general charitable purposes at international literacy organizations
      Funds Ethiopia Reads for general charitable purposes, supporting literacy and education initiatives in Ethiopia.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding general charitable purposes at social service and youth development organizations
      Funds nonprofits such as Beginning With Children and Action Against Hunger for general charitable purposes, supporting youth development, food security, and human services programs.
financials · form 990PF · fy2024
revenue
Total revenue$847K
Contributions & grants$00%
Program service revenue——
Investment income$752K89%
Other revenue$69K
expenses
Total expenses$101K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$611K
balance sheet
Total assets$25.13M
Cash—
Investments—
Liabilities—
Net assets$25.13M
5 years on record · 2020–2024 · YoY revenue -33.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • SACHA LAINOVIC — DIRECTOR/PRESIDENT
relationships · 10

Who they work with

  • ACTION AGAINST HUNGER Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • BEDFORD PLAYHOUSE Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • BEGINNING WITH CHILDREN Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • CONVENT OF SACRED HEART Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • EHTOPIA READS Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • FOOD ALLERGY INITIATIVE Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • HOSPITAL FOR SPECIAL SURGERY Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • METROPOLITAN MUSEUM OF ART Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • SCHWARZMAN ANIMAL CENTER Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.
  • SEEING EYE Partner — Receives general charitable purpose grants from NADDISY FOUNDATION INC.