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Washington, D.C. · Nonprofit

NAREIT FOUNDATION

NAREIT FOUNDATION (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being EQUITY RESIDENTIAL FOUNDATION ($50,000). 0 of them have funded it in more than one year.

$568k
Revenue FY2025
2
Funders on record
$100k
Grants received
$1.4M
Net assets
0/2 repeat funderspeak grant-dependency 5%

Against its field

NAREIT FOUNDATION is better cushioned than half of the 6,426 community improvement nonprofits its size.

Operating margin−160% · bottom quartile
Months of reserve11.4mo · above the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 6,426 community improvement nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($312k) Expenses 100 ($331k) Net assets 100 ($302k)2021 Revenue 221 ($688k) Expenses 190 ($629k) Net assets 119 ($361k)2022 Revenue 970 ($3.0M) Expenses 150 ($496k) Net assets 955 ($2.9M)2023 Revenue 300 ($936k) Expenses 272 ($901k) Net assets 967 ($2.9M)2024 Revenue 93 ($290k) Expenses 275 ($911k) Net assets 762 ($2.3M)2025 Revenue 182 ($568k) Expenses 445 ($1.5M) Net assets 462 ($1.4M)
202020212022202320242025
Revenue (182)Expenses (445)Net assets (462)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

95% of NAREIT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,403 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$19k
20
$59k
21
$2.5M
22
$35k
23
$620k
24
$906k
25
11
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $105k → $50k.

Left out of every figure on this page: $1.7M from one payer (the payer shares this organization's board, largest National Association of Real Estate Investment Trusts (Nareit)). These are real filings, and they are not money NAREIT FOUNDATION raised.

From the IRS filings of NAREIT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NAREIT FOUNDATION leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 48% · 2023 0%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NAREIT FOUNDATION draws 100% of its grant income from funders outside Washington, D.C., across 2 states in all.

IL
IN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NAREIT FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

11
board members
82%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 1 related entity

  • National Association of Real Estate Investment Trusts · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NAREIT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NAREIT FOUNDATION?
NAREIT FOUNDATION (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $100,000 to it, the largest being EQUITY RESIDENTIAL FOUNDATION ($50,000). 0 of them have funded it in more than one year.
How many funders does NAREIT FOUNDATION have?
IRS filings report 2 organizations giving $100,000 in grants to NAREIT FOUNDATION.
Who is the largest funder of NAREIT FOUNDATION?
EQUITY RESIDENTIAL FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like NAREIT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing