Ashai Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available for 2024. As of 2024, the organization holds $740K in total assets.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$740K
Revenue
$740K
Net Investment Income
—
Expenses
—
Under IRS private-foundation payout rules, Ashai Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Ashai Foundation
Based on IRS filings
Ashai Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available for 2024. As of 2024, the organization holds $740K in total assets.
Focus Areas
Ready to take the next step with Ashai Foundation?
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $739,737 |
| Revenue | $739,737 |
| Expenses | — |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | $1,822 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Zaid Ahmad Ashai | Pres, Dir | 1 | — |
| Sarah Rahman | Dir, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ashai Foundation?
Ashai Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $740K in total assets as of 2024.
How large is Ashai Foundation?
As of 2024, Ashai Foundation holds $740K in total assets with $740K in annual revenue.
How much is Ashai Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ashai Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ashai Foundation's EIN?
Ashai Foundation's EIN (Employer Identification Number) is 33-2025257. IRS Form 990 filing data is available on this page for 2024.
Explore Open Grants
Browse active grant opportunities in Ashai Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
American Electric Power Foundation
WILMINGTON, DE
Assets
$65.2M
Grants
752
Total Given
$22.6M
Puget Sound Energy Foundation
WILMINGTON, DE
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
WILMINGTON, DE
Assets
—
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
WILMINGTON, DE
Assets
—
Grants
330
Total Given
$192K
McNabb Foundation
WILMINGTON, DE
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
WILMINGTON, DE
Assets
$208.0M
Grants
325
Total Given
$6.2M
Wsfs Cares Foundation
WILMINGTON, DE
Assets
$12.3M
Grants
323
Total Given
$2.7M
Delaware Community Foundation Inc
WILMINGTON, DE
Assets
$346.1M
Grants
323
Total Given
$41.9M
Webster Bank Charitable Foundation
WILMINGTON, DE
Assets
$5.0M
Grants
302
Total Given
$4.5M
The Papa John's Foundation Inc
WILMINGTON, DE
Assets
$1.1M
Grants
267
Total Given
$2.6M
The Slemp Foundation
WILMINGTON, DE
Assets
$28.8M
Grants
263
Total Given
$1.3M
Stephen & Mary Birch Foundation Inc
WILMINGTON, DE
Assets
$83.6M
Grants
244
Total Given
$6.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ashai Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Ashai Foundation to a real strategy.