Nasdaq Philanthropic Foundation Inc
- Assets
- $23.7m
- Revenue
- $2.7m
- Investments
- $23.2m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 52-1864429
Organization Overview
Nasdaq Philanthropic Foundation Inc is located in Rockville, MD. The organization was established in 1995. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasdaq Philanthropic Foundation 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 12/2022, Nasdaq Philanthropic Foundation Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nasdaq Philanthropic Foundation Inc has awarded 29 individual grants totaling $3,618,078. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jailan Griffiths President | 1 | $0 | |
Evan Harvey Vice President | 1 | $0 | |
Mark Campisi Treasurer | 1 | $0 | |
Amma Anaman Secretary | 6 | $0 | |
Angela Burruss Prg Mgr And Asst Sec | 1 | $0 | |
Jeremy Skule Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,375,000 |
| Interest on Savings | $6,609 |
| Dividends & Interest | $468,248 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$167,145 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $58,910 |
| Total Revenue | $2,741,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,029 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,976 |
| Total operating and administrative expenses | $376,048 |
| Contributions, gifts, grants paid | $2,580,421 |
| Total expenses and disbursements | $2,956,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,834 |
| Savings and temporary cash investments | $69,197 |
| Net Accounts receivable | $3,597 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,659,213 |
| Accounts payable and accrued expenses | $67,137 |
| Grants payable | $521,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,998 |
| Total liabilities | $593,135 |
Grants Awarded
Over the last fiscal year, Nasdaq Philanthropic Foundation Inc has awarded $2,635,421 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK AND BROWN FOUNDERS PURPOSE: THRIVE CAMPAIGN | $361,440 |
BLACK GIRL VENTURES PURPOSE: COMMUNITY OR NOTHING: BUILDING ECOSYSTEMS FOR AND OF BLACK AND BROWN WOMAN-IDENTIFYING ENTREPRENEURS | $149,990 |
BOSTON PUBLIC LIBRARY PURPOSE: ENTREPRENEUR-IN-RESIDENCE PROGRAM | $25,000 |
CENTRAL EUROPEAN UNIVERSITY PURPOSE: THE ENERGEIA PROJECT: TRANSFORMING FEMALE ENTREPRENEURSHIP IN CENTRAL AND EASTERN EUROPE | $99,991 |
CHANGE LABS PURPOSE: NATIVE AMERICAN KINSHIP LENDING PROGRAM | $50,000 |
CLIMB USA PURPOSE: LAUNCHPAD PROGRAM | $50,000 |