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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$61K
-76.7% YoY
Annual Giving
$198K
+91.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$66K
+91.9% YoY
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.
About Aimtron Foundation
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $61,187 | $262,762 | $250,099 |
| Revenue | $100,000 | $250,500 | $301,021 |
| Expenses | $301,575 | $157,554 | $133,844 |
| Qualifying Distributions | $197,703 | $106,328 | $52,370 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,003 | $513 | $768 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Devotional Associates of Yogeshwar ($186,152), University Park ($11,000), Hanuman Mandir ($551).
| Recipient | Purpose | Amount |
|---|---|---|
| DEVOTIONAL ASSOCIATES OF YOGESHWAR STREAMWOOD, IL | CHARITABLE | $186,152 |
| HANUMAN MANDIR GLENVIEW, IL | CHARITABLE | $551 |
| UNIVERSITY PARK ROCHESTER, NY | CHARITABLE | $11,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MUKESH VASANI | PRESIDENT | 1 | — |
| DHRUTI VASANI | VICE PRESIDENT | 1 | — |
| BHANU VASANI | SECRETARY | 1 | — |
| NIRMAL VASAI | TREASURER | 1 | — |
| SAHANA HEDGE | EXECUTIVE DIRECTOR | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Aimtron Foundation?
As of 2024, Aimtron Foundation holds $61K in total assets with $100K in annual revenue. It awarded 3 grants totaling $198K in 2024.
Where does Aimtron Foundation operate?
Aimtron Foundation has awarded grants in California, Illinois, New York.
What size grants does Aimtron Foundation award?
In 2024, Aimtron Foundation awarded 3 grants totaling $198K — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is Aimtron Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aimtron Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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