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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+0.8% YoY
Annual Giving
$33K
-3.0% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$5K
+24.7% YoY
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.
About Asvins Foundation
Based on IRS filings
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,053,648 | $1,044,866 | $1,045,781 |
| Revenue | $53,886 | $46,962 | $43,724 |
| Expenses | $45,104 | $47,877 | $47,723 |
| Qualifying Distributions | $43,449 | $46,235 | $45,525 |
| Net Investment Income | $53,746 | $48,040 | $46,347 |
| Distributable Amount | $51,151 | $44,165 | $45,601 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trustees of Tufts College ($15,000), Berklee College of Music Inc ($5,000), All India Movement Aim for Seva Inc ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL INDIA MOVEMENT AIM FOR SEVA INC SAYLORSBURG, PA | For Chatralayas and relief efforts in Tamilnadu, India | $3,000 |
| BERKLEE COLLEGE OF MUSIC INC BOSTON, MA | For the Berklee India Exchange fund | $5,000 |
| CHILDREN'S ROOM - CENTER FOR GRIEVING CHILDREN & T ARLINGTON, MA | For mental and physical wellness and counseling sessions for bereaved children | $2,000 |
| EMERSON HOSPITAL CONCORD, MA | Mass General Cancer Center at Emerson Hospital | $3,000 |
| LASA FOUNDATION INC LOWELL, MA | General & Unrestricted | $1,500 |
| TRUSTEES OF TUFTS COLLEGE BOSTON, MA | Tufts University Medical School fund | $15,000 |
| VIRGINIA THURSTON HEALING GARDEN INC HARVARD, MA | In support of programs in collaboration with Mass General cancer center at Emerson hopsital | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Uma Narayanasami | Co- Pres, Dir, Sec | 1 | — |
| Kavya Sasisekharan | VP | 1 | — |
| Ram Sasisekharan | Co- Pres, Dir, Treas | 1 | — |
| Varun Sasisekharan | VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Asvins Foundation?
As of 2024, Asvins Foundation holds $1.1M in total assets with $54K in annual revenue. It awarded 7 grants totaling $33K in 2024.
Where does Asvins Foundation operate?
Asvins Foundation has awarded grants in Florida, Massachusetts, Pennsylvania.
What size grants does Asvins Foundation award?
In 2024, Asvins Foundation awarded 7 grants totaling $33K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Asvins Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Asvins Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Asvins Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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