Avasant Foundation
Avasant Foundation's mission is to improve lives and communities by empowering youth and women in emerging economies through education, employment and entrepreneurship. The foundation's impact is aligned to the sustainable development goals, #1, #4, #5, #8, #10 and #17.
Avasant Foundation at a glance
In short: Avasant Foundation gave $25K across 1 grant in 2024 (avg $25K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $25,000
- -37.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $25,000
- -37.5% vs 2023
- Median grant
- $25,000
- Total assets
- $1,446,879
- +19.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Avasant Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Indiaspora ($25K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Avasant Foundation gives
- Giving grew 150% from 2021 to 2024. Method
From the foundation's IRS Form 990 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 $10K (2020) to $140K (2022). In 2024 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiaspora San Francisco, CA | To Support the Organization's Mission. | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $1,446,879 | $419,508 | $195,562 | $25,000 | 1 |
| 2023 | $1,209,479 | $923,356 | $245,102 | $40,000 | 1 |
| 2022 | $541,225 | $371,573 | $331,116 | $140,000 | 2 |
| 2021 | $490,768 | $373,127 | $294,952 | $10,000 | 1 |
| 2020 | $412,593 | $411,291 | $219,798 | $10,000 | 1 |
About Avasant Foundation
Based on IRS filings
Avasant Foundation is a public charity focused on Education, based in El Segundo, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grant totaling $25K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Avasant Foundation is led by Chitra Rajeshwari, Executive Director on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Chitra Rajeshwari
Executive Director
On filings since 2020
20 hrs/week
$154K (2020) → $4K (2024)
Kevin Parikh
Chairman
President → Chairman, 2023
On filings since 2020
15 hrs/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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to Chitra Rajeshwari (Exec Director).
Frequently asked questions about Avasant Foundation
How much does Avasant Foundation give each year?
Avasant Foundation gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $40K across 1 grant.
How large is Avasant Foundation?
Avasant Foundation reported $1.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $420K.
What is Avasant Foundation?
Avasant Foundation is a public charity focused on Education, based in El Segundo, CA. It holds $1.4M in total assets as of 2024.
Where does Avasant Foundation operate?
Avasant Foundation has awarded grants in California, New York.
What is Avasant Foundation's EIN?
Avasant Foundation's EIN (Employer Identification Number) is 46-0691011. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Avasant Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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