The Nesi Family Foundation is a private foundation established in 2003 in Connecticut and currently based in New York City. The foundation operates as a 501(c)(3) organization with the primary purpose of generating investment income to be granted at a later date.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+2.2% YoY
Annual Giving
$641K
+47.7% YoY
Grant Count
46
+12.2% YoY
Avg Grant Size
$14K
+31.7% YoY
Mission & Focus Areas
The foundation's stated purpose is to generate investment income that will be granted at a later date. The foundation makes grants described as "general contributions" to its grantees.
Grantmaking
The Nesi Family Foundation is an active grantmaker with a demonstrated commitment to educational institutions and charitable organizations.
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Geographic Focus
Where this funder awards grants
The foundation funds organizations nationally, with documented grants to institutions in multiple states including Connecticut, Indiana, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,250,888
- Total Revenues: $742,781
- Total Expenses: $696,154
- Number of Employees: 0
The foundation maintains a lean operational structure with no full-time employees, consistent with its role as a private grantmaking foundation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,250,888 | $8,076,680 | $8,143,664 |
| Revenue | $742,781 | $426,376 | $602,420 |
| Expenses | $696,154 | $496,793 | $616,319 |
| Qualifying Distributions | $641,354 | $440,623 | $552,859 |
| Net Investment Income | $687,981 | $370,206 | $553,310 |
| Distributable Amount | $609,427 | $515,134 | $518,878 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
179 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTOR J NESI | PRESIDENT | 5 | — |
| DENISE S NESI | TREASURER | 1 | — |
| GERALD D DESROCHES | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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