NAICS 813211: Grantmaking foundations
NAICS 813211 is the industry code for grantmaking foundations. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 813211 covers
Grantmaking foundations award grants from endowment or trust funds to other organizations or individuals, including private, family and community foundations.
Included in this code
- Private foundations
- Family foundations
- Community foundations
- Corporate foundations
Not this code
- Voluntary health organizations: see 813212 Voluntary health organizations
- Other grantmaking and fundraising: see 813219 Other grantmaking and giving services
Businesses that use 813211
Financing for this trade
Foundations rarely borrow, though some use lines of credit secured by investment portfolios for liquidity or program related investments. Lenders look at endowment size and liquidity.
Apply for funding with AIIs 813211 the right code for a grantmaking foundation?
Yes, if your organization mainly awards grants from its own endowment or trust funds. Community, family and corporate foundations use 813211. Organizations raising money from the public to fund health causes use 813212. Federated fundraisers like united funds use 813219.
What is the SBA size standard for 813211?
SBA sets the size standard for 813211 at $40 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Grantmaking foundations at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent grantmaking foundations fall well inside the limit, so size is rarely what decides an SBA application.
Do foundations use financing?
Most foundations fund grants from investment income, but some use a line of credit secured by their portfolio to bridge timing or to make program related investments. Lenders look at endowment size, liquidity of assets and spending policy. Program related investments sometimes use bridge loans.
What does NAICS 813211 cover?
Grantmaking foundations. Industry level code in NAICS 2022, under 81 Other services (except public administration), 813 Religious, grantmaking, civic, professional, and similar organizations, 8132 Grantmaking and giving services, 81321 Grantmaking and giving services.
What financing do NAICS 813211 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 813211?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.