Alicia & Madu Rao Family Foundation
Alicia & Madu Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $128K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$128K
+574.1% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$21K
+124.7% YoY
Under IRS private-foundation payout rules, Alicia & Madu Rao Family Foundation reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.
About Alicia & Madu Rao Family Foundation
Based on IRS filings
Alicia & Madu Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $128K.
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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $138,938 | $162,363 |
| Revenue | $100 | $95 | $50,149 |
| Expenses | $129,099 | $23,520 | $23,465 |
| Qualifying Distributions | $128,082 | $19,000 | — |
| Net Investment Income | — | $95 | $149 |
| Distributable Amount | $2,838 | $6,800 | $304 |
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 2022
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Suny Downstate Health Science ($86,061), Suny Downstate Health Science ($18,000), Emory University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SUNY DOWNSTATE HEALTH SCIENCE BROOKLYN, NY | TRANSLATIONAL RESEARCH | $86,061 |
| SUNY DOWNSTATE HEALTH SCIENCE BROOKLYN, NY | PEDS PULMONARY | $18,000 |
| EMORY UNIVERSITY ATLANTA, GA | MEDICAL EDUCATION | $15,000 |
| ST GEORGE THEATRE STATEN ISLAND, NY | EDUCATION | $4,000 |
| ST GEORGE THEATRE STATEN ISLAND, NY | EDUCATION | $3,021 |
| NEW DROP HIGH SCHOOL STATEN ISLAND, NY | EDUCATION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICIA RAO | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alicia & Madu Rao Family Foundation?
Alicia & Madu Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATEN ISLAND, NY. It holds — in total assets as of 2022.
Where does Alicia & Madu Rao Family Foundation operate?
Alicia & Madu Rao Family Foundation has awarded grants in Alabama, Georgia, New York.
What size grants does Alicia & Madu Rao Family Foundation award?
In 2022, Alicia & Madu Rao Family Foundation awarded 6 grants totaling $128K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Alicia & Madu Rao Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Alicia & Madu Rao Family Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alicia & Madu Rao Family Foundation's EIN?
Alicia & Madu Rao Family Foundation's EIN (Employer Identification Number) is 26-2145011. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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