813211 - Grantmaking Foundations
The world of philanthropy and charitable giving plays a crucial role in supporting communities, education, religion, and various social causes. For organizations involved in such efforts, NAICS code 813211 - Grantmaking Foundations provides a specific classification within the government and business sectors. Whether you’re a nonprofit, a corporate foundation, or a community trust, understanding this NAICS code helps clarify your organization’s role in social assistance and eligibility for government contracts or funding opportunities.
What is NAICS Code 813211?
NAICS code 813211 is designated for Grantmaking Foundations. These are organizations primarily engaged in making grants to individuals, organizations, or other entities for charitable, educational, religious, or other philanthropic purposes. The key activity under this code is the awarding of grants that support initiatives reflecting the foundation's mission and values.
Sector and Business Activities
- Sector: Social Assistance
- Primary Activities:
- Awarding grants to charitable trusts
- Supporting community development via community foundations
- Providing educational grants through educational trusts
- Fundraising and grant awarding by corporate foundations
- Funding religious trusts
- Dispensing scholarships and philanthropic awards
Typical organizations under this code include:
- Private Foundations: Independently funded entities focusing on a variety of philanthropic goals.
- Corporate Foundations: Funded by corporations to support charitable efforts aligned with corporate social responsibility.
- Community Foundations: Local organizations pooling donations to support area-specific initiatives.
Size Standards for NAICS Code 813211
For government contracting and program eligibility, NAICS code 813211 has a size standard of:
- $40 million dollars (average annual receipts)
This size standard is essential when determining eligibility for federal small business programs or understanding the scale of your grantmaking operations.
Examples of Businesses and Activities Under NAICS Code 813211
- Charitable Trusts that provide grants to nonprofit organizations.
- Community Foundations managing pooled funds for regional philanthropic efforts.
- Corporate Foundations awarding grants aligned with corporate giving programs.
- Educational Trusts focused on scholarship and research funding.
- Philanthropic Trusts supporting broader social causes.
- Religious Trusts granting funds for faith-based initiatives.
NAICS Code 813211 - Grantmaking Foundations: Code Details
| Code Element | Description |
|---|---|
| Charitable trusts, awarding grants | Grant funds aimed at charitable organizations |
| Community foundations | Local philanthropic organizations managing funds |
| Corporate foundations, awarding grants | Corporate-sponsored grantmaking activities |
| Educational trusts, awarding grants | Grants supporting educational initiatives |
| Grantmaking foundations | Core foundation activities focused on grant awards |
| Philanthropic trusts, awarding grants | Trusts dedicated to philanthropic efforts |
| Scholarship trusts | Trusts providing scholarships or educational grants |
| Trusts, charitable, awarding grants | Charitable trust fund distributions |
| Trusts, educational, awarding grants | Educational trusts managing grant programs |
| Trusts, religious, awarding grants | Religious organizations distributing grants |
Frequently Asked Questions (FAQ)
What is NAICS Code 813211 used for?
NAICS Code 813211 classifies organizations primarily engaged in awarding grants for charitable, educational, religious, and philanthropic purposes.
Which sector does this NAICS code belong to?
It falls under the Social Assistance sector.
What types of organizations fall under this code?
Typical examples include private foundations, corporate foundations, community foundations, charitable trusts, and educational or religious trusts focused on grantmaking.
What is the size standard for NAICS Code 813211?
The size standard is $40 million in average annual receipts.
Can organizations with this NAICS code receive government contracts?
Yes, many grantmaking foundations engage with government programs, particularly in social assistance and community development, making the correct NAICS classification important.
Conclusion
NAICS code 813211 - Grantmaking Foundations plays an essential role in categorizing philanthropic organizations involved in awarding grants for a wide spectrum of social causes. Whether you're part of a corporate foundation seeking clarity on government contract eligibility or a community foundation aligning your work within the social assistance sector, understanding this NAICS code helps frame your organization's mission and operations. Use this knowledge when applying for grants, government contracts, or when conducting market research in the nonprofit and foundation space.
Keywords: NAICS code 813211, grantmaking foundations, social assistance sector, charitable trusts, corporate foundations, community foundations, grant awarding, philanthropic organizations.
