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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Nareit Foundation

Nareit Foundation

Fiscal year ending 2023. Filed on May 14, 2024.

1875 I Street NW 500
Washington, District of Columbia 20006

Nareit Foundation (EIN: 20-0455984) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2023 IRS Form 990 filing, Nareit Foundation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $1,577,111. The highest compensated employee at Nareit Foundation is Steven Wechsler with fiscal year 2023 compensation of $2,750,652.

Revenue, expenses, and employee compensation

Revenue

$935,929

Expenses

$901,246

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Wechsler
President
$2,750,652
$0 $2,685,856 $64,796
Tony Edwards
Former Treasurer and Secretary
$1,120,773
$0 $1,053,513 $67,260
Catherine Barre
Treasurer and Secretary
$859,909
$0 $781,490 $78,419

Benchmark Employee Compensation

Non-Employee Board Members

Conor C Flynn
Board Member
Donald C Wood
Board Member
James F Risoleo
Board Member
Lisa Palmer
Board Member
Marguerite M Nader
Board Member
Mark J Parrell
Chair
Sumit Roy
Chair
Sumit Roy
Board Member
Thomas A Bartlett
Board Member
W Matthew Kelly
Board Member

Mission Statement

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.

Revisions to this organization profile

September 14, 2025:
2024 Nareit Foundation 990 filed
May 14, 2024:
2023 Nareit Foundation 990 filed
May 15, 2023:
2022 Nareit Foundation 990 filed

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