Naon Inc is located in New York, NY. The organization was established in 2000. 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. Naon 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 12/2021, Naon Inc generated $1.7m 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 (10.1%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Naon Inc has awarded 23 individual grants totaling $3,113,253. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE HESDER CAMPS PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres, Secy, Treas, Dir | 0 | $0 | |
G Levy Director | 0 | $0 | |
W Feinstein Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $18 |
Dividends & Interest | $634,376 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $903,311 |
Capital Gain Net Income | $903,311 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $128,357 |
Total Revenue | $1,666,062 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $3,879 |
Taxes | $51,041 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $129,693 |
Total operating and administrative expenses | $190,974 |
Contributions, gifts, grants paid | $1,676,032 |
Total expenses and disbursements | $1,867,006 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $140,584 |
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 | $27,025,651 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $27,166,235 |
Accounts payable and accrued expenses | $1,350 |
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 | $1,350 |
Over the last fiscal year, Naon Inc has awarded $1,676,032 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
LEGACY HERITAGE PROGRAMMING XIII LLC PURPOSE: SUPPORT THE ORGANIZATION'S SUMMERTIME EDUCATIONAL PROGRAMMING. | $508,390 |
Paramus, NJ PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S EFFORTS TO COMBAT POVERTY AND HUNGER. | $452,802 |
ASSOC OF JEWISH AGING SERVICES PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S TELE-HEALTH SERVICES. | $403,000 |
New York, NY PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S RELIGIOUS EDUCATIONAL PROGRAMMING. | $130,000 |
Waltham, MA PURPOSE: FUNDING TO SUPPORT THE UNIVERSITY'S POST-GRADUATE STUDIES PROGRAMS FOR STUDENTS SEEKING TO OBTAIN A MASTERS DEGREE IN JEWISH EDUCATION OR JEWISH COMMUNAL SERVICE. | $72,139 |
New York, NY PURPOSE: PROVIDE SUPPORT FOR THE ORGANIZATION'S RELIGIOUS AND EDUCATIONAL PROGRAMMING. | $59,701 |
Organization Name | Assets | Revenue |
---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |