National Charitable Endowment Inc

Organization Overview

National Charitable Endowment Inc is located in Darien, CT. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public 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. National Charitable Endowment 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, National Charitable Endowment Inc generated $63.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, National Charitable Endowment Inc has awarded 101 individual grants totaling $5,919,325. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NATIONAL CHARITABLE ENDOWMENT'S MISSION IS TO SERVE AND SUPPORT OTHERS THROUGH ITS ROLE AS AN INDEPENDENT SPONSOR OF DONOR ADVISED FUNDS BY PROVIDING AN EASY, EFFECTIVE, AND LOW COST SOLUTION FOR ESTABLISHING GIVING PROGRAMS TO QUALIFIED CHARITABLE ORGANIZATIONS.

Describe the Organization's Program Activity:

NATIONAL CHARITABLE ENDOWMENT MAKES GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS THROUGHOUT THE UNITED STATES OF AMERICA.


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Board, Officers & Key Employees

Name (title)Compensation
Dominic Napolitano
President
$0
Frank Napolitano
Secretary
$0
Michael Dolan
Director
$0
Samuel Halpert
Director
$0
Gina Laversa
Director
$0
David Upson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,950,933
Noncash contributions included in lines 1a–1f $13,057,346
Total Revenue from Contributions, Gifts, Grants & Similar$59,950,933
Total Program Service Revenue$0
Investment income $985,633
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,616,957
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $63,553,523

Grants Awarded

Over the last fiscal year, National Charitable Endowment Inc has awarded $3,472,475 in support to 73 organizations.

Grant RecipientAmount

SYRACUSE UNIVERSITY

Org PageRecipient Profile

Syracuse, NY

PURPOSE: GENERAL CHARITABLE USE

$400,000

Tempe, AZ

PURPOSE: GENERAL CHARITABLE USE

$255,000

INNOCENCE PROJECT INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL CHARITABLE USE

$250,000

THE FRIENDS OF MCGILL UNIVERSITY

Org PageRecipient Profile

New Rochelle, NY

PURPOSE: GENERAL CHARITABLE USE

$250,000

SUN ANGEL FOUNDATION INC

Org PageRecipient Profile

Tempe, AZ

PURPOSE: GENERAL CHARITABLE USE

$200,000

QUAD CITIES COMMUNITY FOUNDATION

Org PageRecipient Profile

Bettendorf, IA

PURPOSE: GENERAL CHARITABLE USE

$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Charitable Endowment Inc has recieved totaling $5,000,000.

Awarding OrganizationAmount
Speedwell Foundation

Atlanta, GA

PURPOSE: DONOR ADVISED FUND

$5,000,000
View Grant Recipient Profile

Peer Organizations

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