Aimtron Foundation
Aimtron Foundation is a private foundation focused on Education, based in Palatine, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $61K in total assets. In 2024, it awarded 3 grants totaling $198K.
Aimtron Foundation at a glance
In short: Aimtron Foundation gave $198K across 3 grants in 2024 (avg $66K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $197,703
- +91.9% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $65,901
- +91.9% vs 2023
- Median grant
- $11,000
- Total assets
- $61,187
- -76.7% vs 2023
- Primary geography
- Illinois (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Aimtron Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Devotional Associates of Yogeshwar ($186K). Together the top 3 received $198K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Aimtron Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $52K (2022) to $198K (2024). In 2024 it made 3 grants totaling $198K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Devotional Associates of Yogeshwar Streamwood, IL | Charitable | $186,152 |
| University Park Rochester, NY | Charitable | $11,000 |
| Hanuman Mandir Glenview, IL | Charitable | $551 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $61,187 | $100,000 | $301,575 | $197,703 | 3 | $197,703 | $1,003 |
| 2023 | $262,762 | $250,500 | $157,554 | $103,000 | 3 | $106,328 | $513 |
| 2022 | $250,099 | $301,021 | $133,844 | $52,360 | 2 | $52,370 | $768 |
Under IRS private-foundation payout rules, Aimtron Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Aimtron Foundation is led by Mukesh Vasani, President on every filing since 2022; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mukesh Vasani
President
On filings since 2022
1 hr/week
No compensation reported
Sahana Hedge
Executive Director
New on the 2024 filing
10 hrs/week
No compensation reported
Bhanu Vasani
Secretary
On filings since 2022
1 hr/week
No compensation reported
Dhruti Vasani
Vice President
On filings since 2022
1 hr/week
No compensation reported
Nirmal Vasai
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: Sahana Hegde (2023) — Executive Director
- Former: Janet Gow (2022) — Executive Director
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Aimtron Foundation
How much does Aimtron Foundation give each year?
Aimtron Foundation gave $198K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $103K across 3 grants.
What is Aimtron Foundation's typical grant size?
Aimtron Foundation's median grant in 2024 was $11,000, and its average grant was $65,901, across 3 grants on its 2024 IRS Form 990-PF.
Where does Aimtron Foundation give grants?
Aimtron Foundation gives mostly in Illinois: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (6%).
Does Aimtron Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Aimtron Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).
How large is Aimtron Foundation?
Aimtron Foundation reported $61K in total assets on its 2024 IRS Form 990-PF. It paid out $198K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What is Aimtron Foundation?
Aimtron Foundation is a private foundation focused on Education, based in Palatine, IL. It holds $61K in total assets as of 2024.
What is Aimtron Foundation's EIN?
Aimtron Foundation's EIN (Employer Identification Number) is 82-2151209. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Aimtron Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Aimtron Foundation's focus areas in our free grants database
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