Asvins Foundation
Asvins Foundation is a private foundation focused on Arts, Culture & Humanities, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $33K. Net investment income was $54K.
Asvins Foundation at a glance
In short: Asvins Foundation gave $33K across 7 grants in 2024 (avg $5K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $32,500
- -3.0% vs 2023
- Grants made (2024)
- 7
- -22.2% vs 2023
- Average grant
- $4,643
- +24.7% vs 2023
- Median grant
- $3,000
- Total assets
- $1,053,648
- +0.8% vs 2023
- Primary geography
- Massachusetts (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Asvins Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Trustees of Tufts College ($15K). Together the top 7 received $33K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Asvins Foundation gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $33K (2024) to $35K (2022). In 2024 it made 7 grants totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Tufts College Boston, MA | Tufts University Medical School fund | $15,000 |
| Berklee College of Music Inc Boston, MA | For the Berklee India Exchange fund | $5,000 |
| All India Movement Aim for Seva Inc Saylorsburg, PA | For Chatralayas and relief efforts in Tamilnadu, India | $3,000 |
| Emerson Hospital Concord, MA | Mass General Cancer Center at Emerson Hospital | $3,000 |
| Virginia Thurston Healing Garden Inc Harvard, MA | In support of programs in collaboration with Mass General cancer center at Emerson hopsital | $3,000 |
| Children's Room - Center for Grieving Children & T Arlington, MA | For mental and physical wellness and counseling sessions for bereaved children | $2,000 |
| Lasa Foundation Inc Lowell, MA | General & Unrestricted | $1,500 |
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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 | $1,053,648 | $53,886 | $45,104 | $32,500 | 7 | $43,449 | $53,746 | $51,151 |
| 2023 | $1,044,866 | $46,962 | $47,877 | $33,500 | 9 | $46,235 | $48,040 | $44,165 |
| 2022 | $1,045,781 | $43,724 | $47,723 | $35,000 | 6 | $45,525 | $46,347 | $45,601 |
| 2021 | $1,049,780 | $41,716 | $44,164 | $34,000 | 7 | $42,932 | $42,284 | $47,964 |
| 2020 | $1,052,228 | $40,030 | $47,443 | $35,000 | 5 | — | $48,565 | $43,145 |
Under IRS private-foundation payout rules, Asvins Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Asvins Foundation is led by Ram Sasisekharan, Co- President, Director & Treasurer on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ram Sasisekharan
Co- President, Director & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Uma Narayanasami
Co- President, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Kavya Sasisekharan
Vice President
On filings since 2020
1 hr/week
No compensation reported
Varun Sasisekharan
Vice President
On filings since 2020
1 hr/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 Asvins Foundation
How much does Asvins Foundation give each year?
Asvins Foundation gave $33K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $34K across 9 grants.
What is Asvins Foundation's typical grant size?
Asvins Foundation's median grant in 2024 was $3,000, and its average grant was $4,643, across 7 grants on its 2024 IRS Form 990-PF.
Where does Asvins Foundation give grants?
Asvins Foundation gives mostly in Massachusetts: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (9%). The most frequent recipient cities were Boston, MA (2 grants).
Does Asvins Foundation give general operating support?
Yes: 43% of Asvins Foundation's 2024 grants with a stated purpose (3 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Asvins Foundation's largest grantees?
Asvins Foundation's largest 2024 grantees include Trustees of Tufts College ($15,000), Berklee College of Music Inc ($5,000) and All India Movement Aim for Seva Inc ($3,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
How large is Asvins Foundation?
Asvins Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $43K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Asvins Foundation?
Asvins Foundation is a private foundation focused on Arts, Culture & Humanities, based in Wilmington, DE. It holds $1.1M in total assets as of 2024.
What is Asvins Foundation's EIN?
Asvins Foundation's EIN (Employer Identification Number) is 82-4110325. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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