Nasdaq Philanthropic Foundation Inc
- Assets
- $28.9m
- Revenue
- $5.5m
- Investments
- $28.9m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 03/1995
- Data as of
- 12/2021
- 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 12/2021, Nasdaq Philanthropic Foundation Inc generated $5.5m in total revenue. All expenses for the organization totaled $851.5k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amma Anaman Secretary | 6 | $0 | |
Angela Burruss Prg Mgr And Asst Sec | 1 | $0 | |
Jailan Griffiths President | 1 | $0 | |
Mark Campisi Treasurer | 1 | $0 | |
Jameel Johnson Board Member | 1 | $0 | |
C Nelson Griggs Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $450,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,612 |
| Capital Gain Net Income | $34,612 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,485,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72,738 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $371,482 |
| Contributions, gifts, grants paid | $480,000 |
| Total expenses and disbursements | $851,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,937,508 |
| Accounts payable and accrued expenses | $475,424 |
| Grants payable | $160,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $63,908 |
| Total liabilities | $699,332 |
Grants Awarded
Over the last fiscal year, Nasdaq Philanthropic Foundation Inc has awarded $530,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN'S BUSINESS CENTER OF UTAH PURPOSE: TO SUPPORT EDUCATIONAL PURPOSE | $150,000 |
DIDTECHNOLOGY INC DBA DIGITALUNDIVIDED PURPOSE: TO FUND THE DO YOU FELLOWSHIP PROGRAM, REGIONAL ENTREPRENEURIAL ECOSYSTEM REPORT | $100,000 |
ACCELERATE 500 INC DBA 1863 VENTURES PURPOSE: TO FUND THE RECOVER, REBUILD, RESILIENCE - PROGRAM | $100,000 |
VILLAGE CAPITAL PURPOSE: TO FUND THE RESOURCE INITIATIVE | $100,000 |
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: TO SUPPORT EDUCATIONAL PURPOSE | $50,000 |
New York, NY PURPOSE: TO FUND WALL STREET BOOTCAMP | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |
Virginia Commonwealth University College Of Engineering Foundation Richmond, VA | $131,974,636 | $12,076,889 |
University Of Maryland Foundation Inc Adelphi, MD | $2,110,990,979 | $62,167,598 |
Communities In Schools Inc Alexandria, VA | $73,470,009 | $25,993,702 |
University Of Virginia Law School Foundation Charlottesville, VA | $789,832,433 | $37,875,854 |
University Of Maryland Baltimore Foundation Inc Baltimore, MD | $437,980,331 | $59,974,746 |