IP TAKE: The Naddisy Foundation is a modest funder that makes grants for causes close to the family’s personal interests and affiliations. The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities. Contact information is below, but this is a funder that will require grantseekers to work to get on its radar. This funder does not appear to have a staff and it doesn’t accept LOIs or unsolicited applications.Sacha Lainovic is still very much engaged in business, but perhaps more money will move out of the foundation in the coming years.
PROFILE: Established in 2002, the Naddisy Foundation was founded by Invus Financial Advisors founder Sacha and Rebecca Lainovic. Sacha Lainovic has an M.S. in engineering from Institut National des Sciences Appliquees Lyon, France, and an M.B.A. from Stanford University Graduate School of Business. He cofounded The Invus Group LLC, a global private equity firm, and was executive vice president from 1985 to 2006. Lainovic is a cofounder of Invus Financial Advisors. According to tax filings, the Naddisy Foundation’s grantmaking has supported educational and health institutions.
Grants for Public Health and Human Services
The Lainovics make grants for causes that have effected their family or for organizations in which they have a personal interest. Past grantees include the Food Allergy Research & Education, an interest that may stem from their son’s food allergies. Other grantees include Ronald McDonald House (Lainovic has been on the board), Lucille Packard Foundation, Action Against Hunger, and Memorial Sloan Kettering.
Grants for K-12 and Higher Education
Personal interests and affiliations guide the family’s education giving. Lainovic supports his alma mater, Stanford University. Other grantees include Regis High School, Williams College, and Covenant of Sacred Heart. Stefan attended Regis and Williams.
Important Grant Details:
In a recent fiscal year, grants ranged from $50,000 to $351,000. Tax filings do not indicate whether it accepts unsolicited applications; however, given its lack of transparency, it’s likely that it does not.
PEOPLE:
Search for staff contact info and bios in PeopleFinder (paid subscribers only.)
CONTACT:
The Naddisy Foundation.does not provide a clear avenue for getting in touch with the couple, but below is an address
Naddisy Foundation
126 E. 56th St., 20th Fl.
New York City, NY 10022
