Alka & Ajay Gupta is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 9 grants totaling $61K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+17.8% YoY
Annual Giving
$61K
+111.2% YoY
Grant Count
9
+350.0% YoY
Avg Grant Size
$7K
-53.1% YoY
Under IRS private-foundation payout rules, Alka & Ajay Gupta reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
About Alka & Ajay Gupta
Based on IRS filings
Alka & Ajay Gupta is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 9 grants totaling $61K. Net investment income was $36K.
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 | $2,504,887 | $2,127,168 | $1,571,578 |
| Revenue | $646,244 | $541,838 | $845,241 |
| Expenses | $305,698 | $148,150 | $236,737 |
| Qualifying Distributions | $217,591 | $132,412 | $228,051 |
| Net Investment Income | $36,239 | $1,449 | — |
| Distributable Amount | $245,382 | $232,195 | $161,624 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include SAI Global Mission ($20,000), Sunrise Learning Foundation ($10,000), Sankat Mochan Hanuman ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Sunrise Learning Foundation | General support | $10,000 |
| SAI Global Mission Santa Clara, CA | General support | $20,000 |
| Texas Gaushala Waller, TX | General support | $1,500 |
| Sankat Mochan Hanuman Old Bridge, NJ | General support | $10,000 |
| BAPS Shri Swaminarayan Mandir Stafford, TX | General support | $5,000 |
| Smile Foundation Stafford, TX | General support | $10,000 |
| Hanuman Swami Tampa, FL | General support | $1,000 |
| Agarwal Association of America Stafford, TX | General support | $2,000 |
| Self Enquiry Life Fellowship Santa Barbara, CA | General support | $1,001 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ajay Gupta | President | 1 | — |
| Mihir Gupta | Vice Pres. | 1 | — |
| Alka Gupta | Secretary | 1 | — |
| Avani Gupta | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alka & Ajay Gupta?
Alka & Ajay Gupta is a private foundation focused on Education, based in HOUSTON, TX. It holds $2.5M in total assets as of 2024.
How large is Alka & Ajay Gupta?
As of 2024, Alka & Ajay Gupta holds $2.5M in total assets with $646K in annual revenue. It awarded 9 grants totaling $61K in 2024.
Where does Alka & Ajay Gupta operate?
Alka & Ajay Gupta has awarded grants in California, District of Columbia, Florida, Georgia, Illinois, Louisiana, Maryland, New Jersey, Texas.
What size grants does Alka & Ajay Gupta award?
In 2024, Alka & Ajay Gupta awarded 9 grants totaling $61K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Alka & Ajay Gupta required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alka & Ajay Gupta reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alka & Ajay Gupta's EIN?
Alka & Ajay Gupta's EIN (Employer Identification Number) is 46-4447005. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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