Ajay & Anshu Gupta Family Foundation Inc is a private foundation focused on Public, Societal Benefit, based in WILMETTE, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 6 grants totaling $44K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$100K
-0.7% YoY
Annual Giving
$44K
+6.4% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$7K
-11.4% YoY
Under IRS private-foundation payout rules, Ajay & Anshu Gupta Family Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Ajay & Anshu Gupta Family Foundation Inc
Based on IRS filings
Ajay & Anshu Gupta Family Foundation Inc is a private foundation focused on Public, Societal Benefit, based in WILMETTE, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 6 grants totaling $44K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $100,227 | $100,904 | $116,738 |
| Revenue | $45,098 | $25,820 | $189,374 |
| Expenses | $44,604 | $42,345 | $72,636 |
| Qualifying Distributions | $44,549 | — | — |
| Net Investment Income | $3,633 | $3,161 | $2,276 |
| Distributable Amount | $4,617 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends for Teach for India ($40,000), Team Bright Side Inc ($2,050), American India Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDS FOR TEACH FOR INDIA NEW YORK, NY | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $40,000 |
| TEAM BRIGHT SIDE INC NORTHFIELD, IL | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $2,050 |
| REHABILITATION INSTITUTE OF CHICAGO CHICAGO, IL | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $500 |
| METROPOLITAN ASIAN FAMILY SERVICES INC CHICAGO, IL | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $300 |
| AMERICAN INDIA FOUNDATION NEW YORK, NY | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $1,000 |
| FORGING OPPORTUNITIES FOR REFUGEES IN AMERICAN INC CHICAGO, IL | TO SUPPORT OPERATIONAL AND PROGRAM EXPENSES | $150 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AJAY GUPTA | DIRECTOR | 1 | — |
| ANSHU GUPTA | DIRECTOR | 1 | — |
| DIVYA GUPTA | DIRECTOR | 1 | — |
| VARUN GUPTA | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ajay & Anshu Gupta Family Foundation Inc?
Ajay & Anshu Gupta Family Foundation Inc is a private foundation focused on Public, Societal Benefit, based in WILMETTE, IL. It holds $100K in total assets as of 2024.
How large is Ajay & Anshu Gupta Family Foundation Inc?
As of 2024, Ajay & Anshu Gupta Family Foundation Inc holds $100K in total assets with $45K in annual revenue. It awarded 6 grants totaling $44K in 2024.
Where does Ajay & Anshu Gupta Family Foundation Inc operate?
Ajay & Anshu Gupta Family Foundation Inc has awarded grants in California, Illinois, Nebraska, New York, Ohio.
What size grants does Ajay & Anshu Gupta Family Foundation Inc award?
In 2024, Ajay & Anshu Gupta Family Foundation Inc awarded 6 grants totaling $44K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Ajay & Anshu Gupta Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ajay & Anshu Gupta Family Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ajay & Anshu Gupta Family Foundation Inc's EIN?
Ajay & Anshu Gupta Family Foundation Inc's EIN (Employer Identification Number) is 87-4123523. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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