Amarican-indus Corporation is a private foundation focused on Education, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 3 grants totaling $31K. Net investment income was $133K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+2.4% YoY
Annual Giving
$31K
-8.5% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$10K
+82.9% YoY
Under IRS private-foundation payout rules, Amarican-indus Corporation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
About Amarican-indus Corporation
Based on IRS filings
Amarican-indus Corporation is a private foundation focused on Education, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 3 grants totaling $31K. Net investment income was $133K.
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 | $2,813,232 | $2,746,900 | $2,714,148 |
| Revenue | $142,372 | $77,502 | $81,583 |
| Expenses | $145,122 | $119,750 | $176,751 |
| Qualifying Distributions | $135,615 | $108,896 | $160,190 |
| Net Investment Income | $132,960 | $66,673 | $65,046 |
| Distributable Amount | $151,545 | $141,518 | $141,484 |
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
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include John Hopkins University ($20,000), Hindu University of America ($10,000), St Mary of Nazareth School ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHN HOPKINS UNIVERSITY BALTIMORE, MD | CHARITABLE | $20,000 |
| HINDU UNIVERSITY OF AMERICA PEORIA, AZ | CHARITABLE | $10,000 |
| ST MARY OF NAZARETH SCHOOL WHITE OAK, PA | CHARITABLE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VAIKUNTH GUPTA | PRESIDENT | 5 | — |
| SUJATA GUPTA | SECRETARY | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Amarican-indus Corporation?
Amarican-indus Corporation is a private foundation focused on Education, based in POTOMAC, MD. It holds $2.8M in total assets as of 2024.
How large is Amarican-indus Corporation?
As of 2024, Amarican-indus Corporation holds $2.8M in total assets with $142K in annual revenue. It awarded 3 grants totaling $31K in 2024.
Where does Amarican-indus Corporation operate?
Amarican-indus Corporation has awarded grants in Arizona, District of Columbia, Delaware, Illinois, Maryland, Michigan, Minnesota, New York, Pennsylvania, South Dakota, Texas, Virginia.
What size grants does Amarican-indus Corporation award?
In 2024, Amarican-indus Corporation awarded 3 grants totaling $31K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Amarican-indus Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Amarican-indus Corporation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Amarican-indus Corporation's EIN?
Amarican-indus Corporation's EIN (Employer Identification Number) is 27-4391099. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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