NonprofitsNareit Foundation

Community Improvement

Nareit Foundation

WASHINGTON, DC

Total revenue

$290K

Total expenses

$911K

Net assets

$2.3M

Grants received

$1.8M

10 grants

EIN

200455984

Tax year

2024

Mission

Making grants to charitable, educational, and other organizations qualified and recognized as exempt from federal income tax under section 501(c)(3) of the internal revenue code; taking steps to promote and advance social responsibility in the real estate investment trust industry; and sponsoring educational conferences or publishing written educational material dealing with legal, accounting and regulatory matters concerning real estate investment trusts.

Programs

1 program

Sponsoring educational conferences.

Expenses: $3K

Financials

FY 2024

Revenue

Contributions & grants$210K
Program service revenue
Investment income$80K
Other revenue
Total revenue$290K

Expenses

Grants paid$906K
Salaries & benefits
Fundraising
Other expenses$5K
Total expenses$911K
Total assets$2.3M
Net assets$2.3M

People

20 listed

NameRoleCompensation

STEVEN WECHSLER

PRESIDENT

Board

0

CATHERINE BARRE

TREASURER & SECRETARY

Board

1 hrs/wk

MARK J PARRELL

CHAIR

Board

0

THOMAS A BARTLETT

BOARD MEMBER (THRU 2/1/24)

Board

0

CONOR C FLYNN

BOARD MEMBER

Board

0

W MATTHEW KELLY

BOARD MEMBER

Board

0

MARGUERITE M NADER

BOARD MEMBER

Board

0

LISA PALMER

BOARD MEMBER

Board

0

JAMES F RISOLEO

BOARD MEMBER

Board

1 hrs/wk

SUMIT ROY

BOARD MEMBER

Board

0

DONALD C WOOD

BOARD MEMBER

Board

1 hrs/wk

LESLIE D HALE

CHAIR

Board

0

THOMAS J BALTIMORE JR

BOARD MEMBER

Board

1 hrs/wk

CONOR C FLYNN

BOARD MEMBER

Board

0

W MATTHEW KELLY

BOARD MEMBER

Board

0

LISA PALMER

BOARD MEMBER

Board

0

MARK J PARRELL

BOARD MEMBER

Board

0

JAMES F RISOLEO

BOARD MEMBER

Board

1 hrs/wk

SUMIT ROY

BOARD MEMBER

Board

0

STEVEN VONDRAN

BOARD MEMBER

Board

0

Grants received

Showing 10 of 10

FromAmountPurposeYear
$130K
GENERAL OPERATIONS SUPPORT
2024
$130K
GENERAL OPERATIONS SUPPORT
2023
$1M
CONTRIBUTION TO DDEI INITIATIVE
2022
$130K
GENERAL OPERATIONS SUPPORT
2022
$50K
Contribution to support the charitable and educational organizations and initiatives that will help create a more diverse, equitable, and inclusive REIT and publicly traded real estate industry
2022
$50K
CONTRIBUTION TO GENERAL OPERATING SUPPORT
2022
$50K
GENERAL OPERATIONS SUPPORT
2021
$172K
GENERAL OPERATIONS SUPPORT
2020
$5K
PUBLIC, SOCIETAL BENEFIT
2020

Funded by

$1.8M from 5 funders · 10 grants · 2020–2024

National Association Of Real Estate

$1.6M · 6 grants · 2020–2024

David E Simon & Jacqueline S Simon

$50K · 1 grant · 2022

Equity Residential Foundation

$50K · 1 grant · 2022

Welltower Charitable Foundation

$50K · 1 grant · 2022

Details

EIN200455984
NTEE codeS114
Subsection03
Ruling date2004-02
Formed2003
Employees0
Volunteers12
NAREIT FOUNDATION — Mission, Financials & Grants Received | Grantivo