813211 - Grantmaking Foundations
When navigating the complex world of government contracting and industry classification, NAICS code 813211 stands out as a pivotal category within the philanthropic landscape. This code represents Grantmaking Foundations, integral organizations that play a crucial role in funding and supporting charitable, educational, religious, and other public-benefit initiatives. Whether you're a nonprofit professional, a government contractor, or a business analyst, understanding NAICS 813211 helps clarify the economic footprint and eligibility requirements of these impactful entities.
What is NAICS Code 813211?
NAICS 813211 specifically covers Grantmaking Foundations—entities primarily engaged in making grants to individuals, organizations, or other groups. Unlike direct service providers, these foundations provide financial support to a wide array of causes aligned with their mission and philanthropic goals.
Key Activities under NAICS 813211 Include:
- Awarding grants to charitable organizations
- Funding educational programs and institutions
- Supporting religious activities and organizations
- Backing scientific and social welfare research through grant funding
Sector: Social Assistance
NAICS 813211 is classified under the broader Social Assistance sector, highlighting the social impact these foundations have in addressing societal needs. Grantmaking foundations bridge funding gaps and foster community development through strategic philanthropy.
Typical Business Types in NAICS 813211
Grantmaking Foundations can vary widely but generally fall into three main types:
- Private Foundations: Funded by an individual, family, or corporation with a specific charitable objective.
- Corporate Foundations: Established by businesses to support philanthropic efforts often linked to corporate social responsibility.
- Community Foundations: Public charities that pool donations from multiple donors to support community initiatives.
NAICS 813211 Size Standard
For government contracting and SBA-related purposes, the size standard for NAICS code 813211 is $40 million in average annual receipts. This threshold determines business eligibility for small business programs and contracting preferences.
Examples of Organizations Under NAICS 813211
- The Bill & Melinda Gates Foundation (Private Foundation)
- Walmart Foundation (Corporate Foundation)
- Cleveland Foundation (Community Foundation)
- The Ford Foundation
- Local community grantmaking foundations supporting public schools or healthcare
What types of grants do organizations under NAICS 813211 provide?
They provide grants in areas including education, health, arts and culture, social services, scientific research, and religious initiatives.
Are Grantmaking Foundations involved in direct service delivery?
No, these organizations typically do not provide direct services but fund other entities that do.
How is NAICS 813211 used in government contracting?
This NAICS code identifies eligible grantmaking foundation businesses for SBA size standards, procurement opportunities, and statistical purposes.
Can a for-profit company fall under NAICS 813211?
No, this category is dedicated to nonprofit organizations focusing on philanthropy and grantmaking.
What is the SBA size standard for this NAICS code?
The size standard is $40 million in average annual receipts.
Final Thoughts
NAICS code 813211 captures the essence of philanthropic organizations driving social good through grantmaking. Understanding this classification is essential for nonprofits, government agencies, and contractors engaged in social assistance initiatives. Whether you're seeking funding or navigating federal programs, recognizing the scope and size standards of Grantmaking Foundations ensures smarter decisions and stronger partnerships.
Keywords: NAICS 813211, Grantmaking Foundations, Social Assistance sector, Private foundations, Corporate foundations, Community foundations, SBA size standard, government contracting, philanthropic organizations, grantmaking grants
