Annapurna Global Foundation
Annapurna Global Foundation is a private foundation, based in Fairfield, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $736K in total assets. In 2024, it awarded 1 grant totaling $175K. Net investment income was $92K.
Annapurna Global Foundation at a glance
In short: Annapurna Global Foundation gave $175K across 1 grant in 2024 (avg $175K), mostly in Iowa. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $175,190
- +629.5% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $175,190
- +2088.4% vs 2023
- Median grant
- $175,190
- Total assets
- $736,350
- -14.4% vs 2023
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Annapurna Global Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Health Research Institute ($175K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 9 grants of 10 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Annapurna Global Foundation gives
- Giving grew 3882% from 2021 to 2024. Method
- In 2024 it paid out 460% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2020) to $175K (2024). In 2024 it made 1 grant totaling $175K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Health Research Institute Fairfield, IA | To promote human health. | $175,190 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $736,350 | $52,474 | $176,528 | $175,190 | 1 | $175,190 | $91,751 | $38,045 |
| 2023 | $860,404 | $-26,834 | $25,152 | $24,016 | 3 | $24,016 | $41,145 | — |
| 2022 | $871,245 | $-18,130 | $43,160 | $42,202 | 2 | $42,202 | $25,452 | — |
| 2021 | $907,083 | $99,301 | $5,748 | $4,400 | 2 | $4,400 | $22,609 | — |
| 2020 | $790,921 | $59,539 | $10,355 | $1,100 | 2 | — | $28,602 | — |
Under IRS private-foundation payout rules, Annapurna Global Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Annapurna Global Foundation is led by John Fagan, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Fagan
President
On filings since 2020
2 hrs/week
No compensation reported
Bhavani Mair
Vice President
On filings since 2020
1 hr/week
No compensation reported
Susel A Fagan
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Annapurna Global Foundation
How much does Annapurna Global Foundation give each year?
Annapurna Global Foundation gave $175K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $24K across 3 grants.
How large is Annapurna Global Foundation?
Annapurna Global Foundation reported $736K in total assets on its 2024 IRS Form 990-PF. It paid out $175K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
Where does Annapurna Global Foundation operate?
Annapurna Global Foundation has awarded grants in Iowa.
What is Annapurna Global Foundation's EIN?
Annapurna Global Foundation's EIN (Employer Identification Number) is 47-1930892. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Annapurna Global Foundation funds
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