Ashok & Sharada Sarnaik Family Foundation

Private foundation · Grantmaker Grosse Pointe Woods, MI EIN: 46-5459064

Ashok & Sharada Sarnaik Family Foundation is a private foundation, based in Grosse Pointe Woods, MI. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $376K. Net investment income was $147.

Key facts about Ashok & Sharada Sarnaik Family Foundation

In short: Ashok & Sharada Sarnaik Family Foundation gave $376K across 1 grant in 2022 (avg $376K), mostly in Ohio. Source: 2022 IRS Form 990-PF.

EIN
46-5459064
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$376,068
Grants made (2022)
1
Average grant
$376,068
Median grant
$376,068
Primary geography
Ohio (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$376K

+2105.7% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$376K

+10928.4% YoY

Under IRS private-foundation payout rules, Ashok & Sharada Sarnaik Family Foundation reported a distributable amount of $5K for 2022 — the minimum it must pay out in qualifying distributions.

How Ashok & Sharada Sarnaik Family Foundation gives

  • Giving grew 8075% from 2019 to 2022. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Ashok & Sharada Sarnaik Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2022 grant dollars on its one itemized grant.

Cities

DetroitAuburn HillsChicagoCincinnatiDearbornHanoverNew YorkOak AprkOak BrookPetoskey

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K10 grants2019 3 grants2020 5 grants2021 1 grant2022

From 2019 to 2022, annual grant giving ranged from $5K (2019) to $376K (2022). In 2022 it made 1 grant totaling $376K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Fidelity Charitable: $376KFidelity Charitable$376K

The largest 2022 recipient was Fidelity Charitable ($376K).

Grant Size Distribution

19 grants across all recorded years

18<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 19 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Cincinnati, OHGeneral$376,068

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022
Metric202220212020
Total Assets—$370,571$220,598
Revenue$5,496$168,673$5,658
Expenses$376,068$18,700$22,032
Qualifying Distributions$376,068$17,050—
Net Investment Income$147$17,773$6,891
Distributable Amount$4,777$13,839$9,625

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2022)
  5. IRS filings on file for fiscal years 2019–2022

Leadership & Key People

Officers and directors from IRS filings

Ashok & Sharada Sarnaik Family Foundation is led by Ashok Sarnaik, President on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2022 filing

  • Ashok Sarnaik

    President

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 Ashok & Sharada Sarnaik Family Foundation

How much does Ashok & Sharada Sarnaik Family Foundation give each year?

Ashok & Sharada Sarnaik Family Foundation gave $376K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $17K across 5 grants.

Where does Ashok & Sharada Sarnaik Family Foundation operate?

Ashok & Sharada Sarnaik Family Foundation has awarded grants in Illinois, Maryland, Michigan, New York, Ohio.

How much is Ashok & Sharada Sarnaik Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Ashok & Sharada Sarnaik Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ashok & Sharada Sarnaik Family Foundation's EIN?

Ashok & Sharada Sarnaik Family Foundation's EIN (Employer Identification Number) is 46-5459064. IRS Form 990 filing data is available on this page for 2019–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Ashok & Sharada Sarnaik Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Ashok & Sharada Sarnaik Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.

Assets

$594.3M

Grants

1

Total Given

$101.4M

The Googasian Family Foundation

Bloomfield Hills, MI

Philanthropy, Voluntarism & Grantmaking

Assets

$65K

Grants

47

Total Given

$153K

The Barton Malow Foundation

Southfield, MI

The Barton Malow Foundation supports charitable organizations working in human services, medical research, education, and workforce development. Its 2025 grants ranged from $50 to $160,042, with a median of $3,000, and primarily supported organizations in Michigan, with additional giving in Delaware, Maryland, Florida, and Virginia. It does not accept unsolicited requests and contributes only to preselected organizations.

Assets

$10.0M

Grants

87

Total Given

$869K

Michigan First Foundation Inc

Lathrup Village, MI

The foundation supports educational scholarships and community organizations, typically awarding $1,000–$7,000, with a median grant of $1,250. Most funding goes to Michigan, though it also supports organizations in other states. It gives only to preselected charities and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$40K

Grants

83

Total Given

$174K

Rochelle Rosenthal Forester

Birmingham, MI

The foundation supports a range of charitable organizations, including those focused on basic needs, housing, food assistance, education, and the arts, with most funding going to Michigan nonprofits. Its 2025 grants ranged from $100 to $8,100, with a median of $2,000. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.3M

Grants

34

Total Given

$78K

Gerson Family Foundation

Troy, MI

The Gerson Family Foundation supports organizations in arts and culture, education, health, and community services, primarily in Michigan, which received 87% of its 2024 grant dollars. Its 26 grants in 2024 ranged from $1,000 to $83,000, with a median of $5,000. It funds only preselected charitable organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.0M

Grants

23

Total Given

$256K

Ferrantino Charitable Foundation Inc

Plymouth, MI

The Ferrantino Charitable Foundation supports medical research and health, education, children’s services, and community needs, with most 2025 funding going to Michigan recipients. Its 42 grants ranged from $100 to $33,333, with a median of $1,000. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.6M

Grants

42

Total Given

$158K

United Jewish Foundation

Bloomfield Hills, MI

The United Jewish Foundation supports Jewish community continuity, including Jewish organizations, older adults, education, children, medical research, and related services. Its 2025 grants had a median of $18,000, though awards ranged widely; 87% of grant dollars went to Michigan, with some support elsewhere in the U.S. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$761.7M

Grants

274

Total Given

$43.6M

Madeleine H and Mandell L Berman Support Foundation

Bloomfield Hills, MI

Madeleine H. and Mandell L. Berman supports eligible charitable organizations across areas including hunger relief, education, arts and culture, animal welfare, health research, and Jewish philanthropy. In 2024, it made 40 grants of $5,000 to $165,000, with a median of $18,000; most funding went to Michigan, followed by New York and Colorado. The profile does not state whether it accepts unsolicited requests.

Assets

—

Grants

40

Total Given

$1.2M

Greater Good Charities

Seattle, WA

Greater Good Charities supports animal welfare, humanitarian aid, conservation, and disaster response, including through cash grants, supplies, and programs. Its 2025 grants had a median of $37,406, though awards ranged widely, and it supports partners in the United States and internationally. Many grants are invitation-only; its website lists opportunities as they become available.

Assets

$24.4M

Grants

357

Total Given

$123.4M

Cathy and James Deutchman Family

Franklin, MI

The Cathy and James Deutchman Family funds preselected charitable organizations, with recent grants supporting Jewish and Israel-related organizations and education. In 2024, it distributed $143,110 across 17 grants, ranging from $110 to $50,000 (median $1,000), mainly to organizations in New York and Michigan. It does not accept unsolicited requests.

Assets

$2.1M

Grants

17

Total Given

$143K

WK Kellogg Foundation

Battle Creek, MI

The W.K. Kellogg Foundation funds community-led work focused on children’s health and education, good food, family economic security, racial equity and equitable opportunity. It gives across the United States, with long-term commitments in Michigan, Mississippi, New Mexico and New Orleans, and also funds in parts of Mexico and Haiti; its 2024 median grant was $100,000. It accepts proposals at any time through its website and does not limit giving to preselected organizations.

Assets

$481.0M

Grants

1,818

Total Given

$303.9M

More Funders in Michigan

Ashok & Sharada Sarnaik Family Foundation down — hundreds of funders to go?

Want AI to do this for you?