Albert H & Jane D Nahmad Foundation Inc

Miami, FL
Tax-exempt since Aug. 2012
EIN: 27-3971556

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$3M (2024)

Expenses

$3.78M (2024)

Total Assets

$33.7M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2010 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$2,998,035

Expenses

$3,780,203

Net Income

-$782,168

Net Assets

$33,730,992

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$563,071	18.8%
Interest Revenue	$27,551	0.9%
Dividends	$2,407,413	80.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,447,525	91.2%
Compensation of Officers*	$205,417	5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$33,730,992
Total Liabilities	$0
Net Assets	$33,730,992

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$205,417	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on Aug. 5, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$7,111,655

Expenses

$2,365,104

Net Income

$4,746,551

Net Assets

$34,513,160

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,074,770	71.4%
Interest Revenue	$39,714	0.6%
Dividends	$1,997,171	28.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,238,135	94.6%
Compensation of Officers*	$100,000	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,513,160
Total Liabilities	$0
Net Assets	$34,513,160

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$100,000	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on July 8, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$6,902,985

Expenses

$2,615,236

Net Income

$4,287,749

Net Assets

$29,817,757

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,390,075	78.1%
Interest Revenue	$8,417	0.1%
Dividends	$1,504,493	21.8%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,485,350	95.0%
Compensation of Officers*	$88,333	3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,817,757
Total Liabilities	$0
Net Assets	$29,817,757

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$88,333	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on July 30, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,660,413

Expenses

$1,889,816

Net Income

-$229,403

Net Assets

$25,530,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$325,813	19.6%
Interest Revenue	$5,105	0.3%
Dividends	$1,329,495	80.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,807,020	95.6%
Compensation of Officers*	$80,000	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,530,008
Total Liabilities	$0
Net Assets	$25,530,008

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$80,000	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on July 18, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$1,481,062

Expenses

$1,285,447

Net Income

$195,615

Net Assets

$25,759,410

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$271,543	18.3%
Interest Revenue	$2,076	0.1%
Dividends	$1,207,443	81.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,168,300	90.9%
Compensation of Officers*	$80,000	6.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,759,411
Total Liabilities	$1
Net Assets	$25,759,410

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$80,000	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on July 26, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$7,602,331

Expenses

$1,131,687

Net Income

$6,470,644

Net Assets

$25,563,795

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,649,667	87.5%
Interest Revenue	$15,960	0.2%
Dividends	$936,704	12.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,052,007	93.0%
Compensation of Officers*	$80,000	7.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,563,796
Total Liabilities	$1
Net Assets	$25,563,795

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$80,000	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on July 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$4,851,275

Expenses

$909,177

Net Income

$3,942,098

Net Assets

$19,093,152

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,167,835	85.9%
Interest Revenue	$11,020	0.2%
Dividends	$672,420	13.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$870,550	95.8%
Compensation of Officers*	$18,750	2.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,093,152
Total Liabilities	$0
Net Assets	$19,093,152

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$18,750	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on Nov. 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$5,066,433

Expenses

$612,180

Net Income

$4,454,253

Net Assets

$15,151,054

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,549,834	89.8%
Interest Revenue	$5,624	0.1%
Dividends	$510,975	10.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$604,350	98.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,151,054
Total Liabilities	$0
Net Assets	$15,151,054

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$0	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on May 4, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$2,452,636

Expenses

$375,962

Net Income

$2,076,674

Net Assets

$10,696,801

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,151,902	87.7%
Interest Revenue	$2,684	0.1%
Dividends	$298,050	12.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$363,225	96.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,696,801
Total Liabilities	$0
Net Assets	$10,696,801

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$0	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on Aug. 23, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$4,830,822

Expenses

$123,364

Net Income

$4,707,458

Net Assets

$8,620,127

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,669,298	96.7%
Interest Revenue	$1,924	0.0%
Dividends	$159,600	3.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$121,000	98.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,645,127
Total Liabilities	$25,000
Net Assets	$8,620,127

Compensation

Key Employees and Officers	Compensation	Other
Valerie F Schimel (President)	$0	$0
Jane D Nahmad (Secretary)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0

990-PF

Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$2,481,470

Expenses

$15,800

Net Income

$2,465,670

Net Assets

$3,912,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,434,148	98.1%
Interest Revenue	$522	0.0%
Dividends	$46,800	1.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,000	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,912,669
Total Liabilities	$0
Net Assets	$3,912,669

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,333,304

Expenses

$3,356

Net Income

$1,329,948

Net Assets

$1,446,999

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,332,939	100.0%
Interest Revenue	$365	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,830	84.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,446,999
Total Liabilities	$0
Net Assets	$1,446,999

Compensation

Key Employees and Officers	Compensation	Other
Jane D Nahmad (President)	$0	$0
Aaron J Nahmad (Treasurer)	$0	$0
Valerie F Schimel (Secretary)	$0	$0

990-PF

Filed on May 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$63,347

Expenses

$1,162

Net Income

$62,185

Net Assets

$117,051

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$63,152	99.7%
Interest Revenue	$195	0.3%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$219	18.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$117,051
Total Liabilities	$0
Net Assets	$117,051

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$52,613

Expenses

$34

Net Income

$52,579

Net Assets

$54,866

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$52,613	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7	20.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$54,866
Total Liabilities	$0
Net Assets	$54,866

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$2,287

Expenses

Net Income

$2,287

Net Assets

$2,287

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,287	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,287
Total Liabilities	$0
Net Assets	$2,287

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Albert H & Jane D Nahmad Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3M (2024)

Expenses $3.78M (2024)

Total Assets $33.7M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Revenue

$3M (2024)

Expenses

$3.78M (2024)

Total Assets

$33.7M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010