Ashvin and Danielas Foundation
Ashvin and Danielas Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 2 grants totaling $583K. Net investment income was $676K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+190.2% YoY
Annual Giving
$583K
Grant Count
2
Avg Grant Size
$292K
Under IRS private-foundation payout rules, Ashvin and Danielas Foundation reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.
About Ashvin and Danielas Foundation
Based on IRS filings
Ashvin and Danielas Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 2 grants totaling $583K. Net investment income was $676K.
Ready to take the next step with Ashvin and Danielas Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $11,615,560 | $4,002,278 |
| Revenue | $9,457,974 | $4,002,278 |
| Expenses | $615,260 | — |
| Qualifying Distributions | $583,000 | — |
| Net Investment Income | $676,079 | $2,278 |
| Distributable Amount | $223,994 | $868 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include California Institute of Technology ($500,000), Institute for Advanced Study ($83,000).
| Recipient | Purpose | Amount |
|---|---|---|
| California Institute of Technology Pasadena, CA | Operating support Fund | $500,000 |
| Institute for Advanced Study Princeton, NJ | Operating support Fund | $83,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ashvin B Chhabra | President | 10 | — |
| Daniela Bonafede-Chhabra | Co-President | 10 | — |
Frequently Asked Questions
How large is Ashvin and Danielas Foundation?
As of 2024, Ashvin and Danielas Foundation holds $11.6M in total assets with $9.5M in annual revenue. It awarded 2 grants totaling $583K in 2024.
Where does Ashvin and Danielas Foundation operate?
Ashvin and Danielas Foundation has awarded grants in California, New Jersey.
What size grants does Ashvin and Danielas Foundation award?
In 2024, Ashvin and Danielas Foundation awarded 2 grants totaling $583K — an average of about $292K per grant, based on its IRS Form 990 filings.
How much is Ashvin and Danielas Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ashvin and Danielas Foundation reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ashvin and Danielas Foundation's EIN?
Ashvin and Danielas Foundation's EIN (Employer Identification Number) is 93-4832609. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Ashvin and Danielas Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Eqt Foundation
CANONSBURG, PA
Assets
$26.2M
Grants
367
Total Given
$6.3M
Henry L Guenther Foundation
SEAL BEACH, CA
Assets
$115.9M
Grants
58
Total Given
$4.2M
Change Happens Foundation
URBANDALE, IA
Assets
$17.8M
Grants
12
Total Given
$255K
Universities Research Association Inc
WASHINGTON, DC
Assets
$21.0M
Grants
21
Total Given
$328K
Susan E Riley Foundation Dtd
ENCINO, CA
Assets
$9.5M
Grants
4
Total Given
$285K
Aerojet Rocketdyne Foundation
MELBOURNE, FL
Assets
$11.7M
Grants
13
Total Given
$219K
The Tinybell Charitable Fund
WILMINGTON, DE
Assets
$15.4M
Grants
11
Total Given
$453K
Mettler Family Charitable Foundation
WEST PALM BEACH, FL
Assets
$2.1M
Grants
8
Total Given
$102K
Lundquist Institute for Biomedical
TORRANCE, CA
Assets
$159.7M
Grants
29
Total Given
$3.3M
Cystic Fibrosis Foundation
BETHESDA, MD
Assets
$5.0B
Grants
624
Total Given
$189.6M
Trilience Research
PASADENA, CA
Assets
$99K
Grants
1
Total Given
$95K
Marni & Morris Propp Ii Family Foundation Inc
JUPITER, FL
Assets
$16.4M
Grants
163
Total Given
$734K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ashvin and Danielas 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