Asa Family Foundation

HOUSTON, TX EIN: 85-6492370

Asa Family Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19K in total assets. In 2024, it awarded 5 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19K

-20.9% YoY

Annual Giving

$6K

+37.9% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$1K

+10.3% YoY

Under IRS private-foundation payout rules, Asa Family Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Asa Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $9K (71%)

Maryland $4K (29%)

States

Maryland Texas

Cities

ColumbusHoustonLinthicumStafford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,776	$23,738	$27,159
Revenue	$2,070	$1,759	$920
Expenses	$6,967	$5,180	$1,761
Qualifying Distributions	$5,806	$4,210	$1,001
Net Investment Income	—	—	—
Distributable Amount	$1,073	$1,297	$1,346

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hindu Worship Society ($2,203), Hope & Helping Hands ($1,300), Smile Foundation Usa ($1,102).

Recipient	Purpose	Amount
HINDU WORSHIP SOCIETY HOUSTON, TX	SUPPORT OF GENERAL FUND	$2,203
HOPE & HELPING HANDS LINTHICUM, MD	SUPPORT OF PROGRAMS TO BRING MEDICAL CARE AND ESSENTIALS TO IMPOVRISHED AREAS OF INDIA.	$1,300
SHRI SITA RAM FOUNDATION USA HOUSTON, TX	SUPPORT OF FUNDING TO CULTURAL AND EDUCATIONAL INSTITUTIONS IN PROMOTING VEDIC CULTURE. IT ALSO PROVIDES SCHOLARSHIPS TO UNDERPRIVILEGED STUDENTS AND ASSISTS DISADVANTAGED PERSONS OF THE COMMUNITY.	$1,100
SMILE FOUNDATION USA STAFFORD, TX	SMILE FOUNDATION USA WAS WET UP IN 2020 TO WORK FOR THE WELFARE OF LESS PRIVILEDGED CHILDREN, YOUTH AND WOMEN IN INDIA. SMILE FOUNDATION USA WAS SET UP IN 2020 TO HELP TAKE THIS MISSION FORWARD, WITH A FOCUS ON GIRL CHILD EMPOWERMENT AND GENDER EQUALITY.	$1,102
INDIAN DOCTORS CHARITY CLINIC HOUSTON, TX	TO PROVIDE ESSENTIAL NON-EMERGENCY PRIMARY CARE AND EYE CARE SERVICES TO THE GREATER HOUSTON COMMUNITY.	$101

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AJAY KUMAR AGGARWAL	TRUSTEE	—	—
SHOBHA AGGARWAL	TRUSTEE	—	—

Frequently Asked Questions

How large is Asa Family Foundation?

As of 2024, Asa Family Foundation holds $19K in total assets with $2K in annual revenue. It awarded 5 grants totaling $6K in 2024.

Where does Asa Family Foundation operate?

Asa Family Foundation has awarded grants in Maryland, Texas.

What size grants does Asa Family Foundation award?

In 2024, Asa Family Foundation awarded 5 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Asa Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Asa Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.