NonprofitsNest Inc

International, Foreign Affairs & National Security

Nest Inc

NEW YORK, NY

Total revenue

$3.4M

Total expenses

$2.9M

Net assets

$5.6M

Grants received

$11.0M

105 grants

EIN

205450672

Tax year

2024

Mission

Nest, inc. Is an irs section 501(c)(3) organization that identifies and collaborates with responsible artisian business through the provision of customized capacity building programs to enable each enterprise to become profitable and have a significant positive social impact. Nest has searched globally to identify a network of existing artisanal workshops that have strong leadership, are scalable and can transform their communities in one of three ways: alleviate poverty, empower women, and promote peace. Through their participatory model, nest works with the artisans to provide the services they need to both preserve and enhance artistic traditions and increase their ability to meet the capacity and quality demands of the exporting marketplace.

Programs

2 programs

Nest's ethical handcraft program is revolutionizing the industry by making homework a safe and viable option for workers worldwide. Leveraging international labor organization principles, nest developed the first-ever set of universally applicable standards and verification methodology for decentralized supply chains in the unregulated informal economy. Estimates suggest that around the world 300 million people, the majority of whom are women, are working from their homes or small workshops to support fashion and home decor production. This work ranges from skilled-based labor like hand-knotting rugs and sewing soles onto shoes, to stringing beaded jewelry, crafting decorative tassels, folding tissue paper, and packing poly bags. For these workers, handwork offers them an opportunity to earn an income while caring for their families and limits the need for long and sometimes dangerous travel into cities. Launched at the united nations alongside a committee of founding brands and retailers, the program has reached supply chains on 5 continents. Today, nest partners with brands like target, west elm, pottery barn, and patagonia to implement ethical handcraft programming within select supply chains. To date, the connections nest has made between retailers and artisans have yielded $6.7 million in purchase orders for the members of the nest guild. 50,000+ artisans, across 172 businesses and 202 supply chains, have been positively impacted through the ethical handcraft program.fee for service programs: nest's sourcing services advance transparency, social wellbeing, and economic opportunity for global artisans and us makers by facilitating matches between brands and designers and nest's network of artisans and makers. Nest collaborates with industry-leading brands including chlo, ralph lauren, tory burch, west elm, and madewell to celebrate the beauty and artisanship of makers in the united states and artisan business leaders worldwide through curated handcrafted collections. Nest believes that sustainable economic growth for artisans is achieved through transparent sourcing relationships, which is why nest connects brands and designers with handcraft vendors or independent makers directly. We never require exclusivity agreements that may inhibit an artisan business' ability to grow and encourage celebration and storytelling for the artisans involved. Nest's model fosters successful long-term relationships between makers and brands. Our consultations, reports, and retainer services support the creation of craft vendor profiles with beautiful product photos, details on the techniques, as well as contact information, approximate prices and lead times. All of nest services include an exclusive artisan best practice training based on nest's two decades of experience for corporate teams, as well as marketing and storytelling support for launches. Nest partners with designers, brands, and retailers of all sizes to provide highly customized sourcing services and deliver innovative impact solutions which prioritize diversity, equity, inclusion, and circularity. Through customized initiatives, like the etsy's uplift makers program, and unique upcycling solutions, we work alongside brands to develop opportunities to support us makers and global artisans that extend beyond sourcing to benefit individuals, families, and communities.

Expenses: $477K

Research & advocacy: makers united brings visibility to under-represented makers and the challenges they face to inclusion in the micro- and small-business economy by mapping the regional landscape of small business supports and connecting the dots between makers and the local, national, and peer resources they need. We publish a report that showcases the opportunities for the creative economy in each city we work in to help build a strong ecosystem of support for makers. Nest's research and advocacy initiatives aim to bring industry and public awareness to the often overlooked and under-represented handworker sector. Recognizing the disproportionate impact of more frequent and costly severe weather events on small, creative businesses, we partnered with the environmental defense fund, with support from etsy, to develop a new set of resources for us makers.from thought leadership pieces to concise research briefs and full reports, nest's publications investigate research topics that are timely and important to the sector and aim to synthesize results in a way that can be conveyed with ease to any audience.

Expenses: $430K

Financials

FY 2024

Revenue

Contributions & grants$2.7M
Program service revenue$555K
Investment income$144K
Other revenue
Total revenue$3.4M

Expenses

Grants paid$154K
Salaries & benefits$1.9M
Fundraising$290K
Other expenses$765K
Total expenses$2.9M
Total assets$6.2M
Net assets$5.6M

People

12 listed

NameRoleCompensation

JIM BRIGHAM

CHAIR

Board

5 hrs/wk

MARTY CORDES

PARTNERSHIP CHAIR

Board

5 hrs/wk

NICOLE PECHANEC LUCK

FINANCE CHAIR

Board

5 hrs/wk

LOUISE PARZICK

TRUSTEE

Board

5 hrs/wk

JULIE MEYER

TRUSTEE

Board

5 hrs/wk

HEATHER WINN BOWMAN

TRUSTEE

Board

5 hrs/wk

TRACY REESE

TRUSTEE

Board

5 hrs/wk

CLEMENT KING

TRUSTEE

Board

5 hrs/wk

TRACEY AUSTIN-GROOMS

TRUSTEE

Board

5 hrs/wk

AMANDA NUSZ

TRUSTEE

Board

5 hrs/wk

CARMEN BUSQUETS

TRUSTEE

Board

5 hrs/wk

CHRISTOPHER VAN BERGEN

CHIEF FINANCIAL OFFICER

Board

40 hrs/wk

Grants received

Showing 105 of 105

FromAmountPurposeYear
$1.5M
TO SUPPORT ECONOMIC DEVELOPMENT
2024
$311K
ARTISAN ACCELERATOR PROGRAM.
2024
$117K
GENERAL SUPPORT
2024
$85K
PROTECTING HUMAN RIGHTS (US OR GENERAL)
2024
$54K
SUPPORT TO BUILD AND DISSEMINATE KNOWLEDGE AROUND THE BARRIERS TO ECONOMIC ADVANCEMENT FACED BY MAKERS AND CREATIVE ENTREPRENEURS, PARTICULARLY THOSE IN BLACK AND INDIGENOUS COMMUNITIES. 202204-12285
2024
$50K
SUPPORT FOR ARTISAN DESIGN COLLABORATION
2024
$38K
GENERAL SUPPORT
2024
$35K
GENERAL SUPPORT
2024
$15K
ELEVATE PRIZE PROGRAM - TO SUPPORT PROTECTING THE INTERESTS OF ARTISAN HOMEWORKERS AND MAKERS AROUND THE WORLD
2024
$5K
GIVEN TO THE CHARITY'S GENERAL FUND TO BE USED AS THEY SEE FIT
2024
$5K
CURRENT USE FOR GENERAL CHARITABLE PURPOSES
2024
$1K
GENERAL SUPPORT
2024
$311K
ARTISAN ACCELERATOR PROGRAM.
2023
$158K
For grant recipient's exempt purposes
2023
$108K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$100K
GENERAL OPERATING
2023
$100K
ELEVATE PRIZE PROGRAM - TO PROTECT THE INTERESTS OF ARTISAN HOMEWORKERS AND MAKERS AROUND THE WORLD
2023
$57K
SUPPORT COMMUNITY
2023
$54K
SUPPORT TO BUILD AND DISSEMINATE KNOWLEDGE AROUND THE BARRIERS TO ECONOMIC ADVANCEMENT FACED BY MAKERS AND CREATIVE ENTREPRENEURS, PARTICULARLY THOSE IN BLACK AND INDIGENOUS COMMUNITIES. 202204-12285
2023
$50K
GENERAL SUPPORT
2023
$38K
GENERAL SUPPORT
2023
$35K
SUPPORT FOR ARTISAN DESIGN COLLABORATION
2023
$25K
PROTECTING HUMAN RIGHTS (US OR GENERAL)
2023
$20K
FOSTER JOB CREATION IN GEES BEND, AL
2023
$15K
ARTS AND CULTURE PROGRAMS
2023
$15K
ETHICAL HANDCRAFT GIVING CIRCLE
2023
$10K
Operating Support/Annual Fund
2023
$1K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES.
2023
$1K
GENERAL SUPPORT
2023
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2023
$945
Further Exempt Purpose
2023
$1M
TO CREATE ECONOMIC OPPORTUNITY FOR WOMEN
2022
$207K
For grant recipient's exempt purposes
2022
$150K
ELEVATE PRIZE PROGRAM - TO PROTECT THE INTERESTS OF ARTISAN HOMEWORKERS AND MAKERS AROUND THE WORLD
2022
$121K
INTERNATIONAL, FOREIGN AFFAIRS
2022
$76K
INTERNATIONAL
2022
$73K
SUPPORT TO BUILD AND DISSEMINATE KNOWLEDGE AROUND THE BARRIERS TO ECONOMIC ADVANCEMENT FACED BY MAKERS AND CREATIVE ENTREPRENEURS, PARTICULARLY THOSE IN BLACK AND INDIGENOUS COMMUNITIES. 202204-12285
2022
$40K
TOWARDS CREATING A FIRST-OF-ITS-KIND EVIDENCE BASE OF ENVIRONMENTAL AND CLIMATE IMPACTS ON LOCAL ARTISAN COMMUNITIES AND LIVELIHOODS AS WELL AS GREEN ENTERPRISE SOLUTIONS.
2022
$38K
DIRECT PROGRAM SUPPORT
2022
$25K
GENERAL SUPPORT
2022
$18K
PPE INITIATIVE
2022
$10K
CURRENT USE FOR GENERAL CHARITABLE PURPOSES
2022
$10K
GENERAL SUPPORT
2022
$5K
GENERAL OPERATIONS
2022
$1K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES.
2022
$1K
GENERAL SUPPORT
2022
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2022
$100
General Operating Support
2022
$245K
TO SUPPORT THE ORGANIZATION'S NO-INTEREST OR LOW-INTEREST AND OTHERWISE NON-PREDATORY LOANS PROGRAM.
2021
$201K
For grant recipient's exempt purposes
2021
$201K
For grant recipient's exempt purposes
2021
$110K
INTERNATIONAL, FOREIGN AFFAIRS
2021
$50K
ELEVATE PRIZE PROGRAM - PROTECTING THE INTERESTS OF ARTISAN HOMEWORKERS AND MAKERS AROUND THE WORLD
2021
$43K
DIRECT PROGRAM SUPPORT
2021
$32K
INTERNATIONAL
2021
$6K
For recipient's exempt purpose
2021
$3K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES.
2021
$2K
GENERAL SUPPORT
2021
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2021
$175
Support Citywide school for gifted & talented students, grades K-12. We offer and academically challenging curriculum
2021
$450K
ARTISAN ACCELERATOR PROGRAM AND COVID-19 RELIEF.
2020
$236K
TO CREATE ECONOMIC OPPORTUNITY FOR WOMEN CRAFT WORKERS
2020
$105K
Unrestricted
2020
$101K
TO DEVELOP A HOLISTIC, SUSTAINABLE APPROACH TO SUPPORTING THE GEE'S BEND QUILTERS
2020
$92K
Financial Inclusion
2020
$88K
INTERNATIONAL, FOREIGN AFFAIRS
2020
$50K
COVID-19 EMERGENCY RESPONSE
2020
$50K
COVID-19 RESPONSE
2020
$50K
COVID-19 RESPONSE
2020
$30K
SUPPORT FOR ARTISAN DESIGN COLLABORATION
2020
$27K
INTERNATIONAL
2020
$25K
Same Sky Foundation's Makers United Detroit
2020
$25K
Same Sky Foundation's Makers United Detroit
2020
$5K
CURRENT USE FOR GENERAL CHARITABLE PURPOSES
2020
$5K
GENERAL SUPPORT
2020
$3K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES.
2020
$3K
TO IMPROVE WOMEN'S WELLBEING BEYOND FACTORIES
2020
$1K
GENERAL SUPPORT
2020
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2020
$1K
Further Exempt Purpose
2020
$200
General Operating Support
2020
$200
General Operating Support
2020
$200
General Operating Support
2020
$200
General Operating Support
2020
$2.0M
INTERNATIONAL
2019
$133K
For grant recipient's exempt purposes
2019
$3K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES
2019
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2019
$1K
TO SUPPORT THE CHARITY'S CORE ACTIVITIES
2019
$200
General operating support
2019
$96K
For grant recipient's exempt purposes
2018
$19K
INTERNATIONAL, FOREIGN AFFAIRS
2018
$1K
Further Exempt Purpose
2018
$500
TO SUPPORT THE BUILDING OF A NEW HANDWORKER ECONOMY TO INCREASE GLOBAL WORKFORCE INCLUSIVITY, IMPROVE WOMEN'S WELLBEING BEYOND FACTORIES, AND PRESERVE IMPORTANT CULTURAL TRADITIONS AROUND THE WORLD.
2018
$87K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$12K
TO SUPPORT ENVIRONMENTAL PROJECTS.
2017

Funded by

$11.0M from 45 funders · 105 grants · 2017–2024

The Bloomberg Family Foundation Inc

$2.7M · 3 grants · 2020–2024

National Philanthropic Trust

$2.1M · 4 grants · 2019–2022

Brooklyn Community Foundation

$1.1M · 4 grants · 2020–2022

Fidelity Investments Charitable Gift Fund

$1.1M · 7 grants · 2017–2023

Winn Family Foundation

$1.1M · 3 grants · 2020–2024

Donor Advised Charitable Giving Inc

$445K · 5 grants · 2018–2023

The Elevate Prize Foundation Inc

$315K · 4 grants · 2021–2024

Tory Burch Foundation Inc

$245K · 1 grant · 2021

Details

EIN205450672
NTEE codeQ32
Subsection03
Ruling date2007-06
Formed2006
Employees0
Volunteers400
NEST INC — Mission, Financials & Grants Received | Grantivo