Bajaj Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 15 grants totaling $69K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-6.4% YoY
Annual Giving
$69K
+29.9% YoY
Grant Count
15
-16.7% YoY
Avg Grant Size
$5K
+55.8% YoY
Under IRS private-foundation payout rules, Bajaj Family Foundation Inc reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Bajaj Family Foundation Inc
Based on IRS filings
Bajaj Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 15 grants totaling $69K. Net investment income was $9K.
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 | $1,412,971 | $1,509,281 | $1,704,392 |
| Revenue | $9,250 | $-61,022 | $-51,679 |
| Expenses | $89,730 | $58,689 | $173,897 |
| Qualifying Distributions | $68,701 | $52,900 | $165,428 |
| Net Investment Income | $9,250 | $37,421 | $25,198 |
| Distributable Amount | $80,508 | $74,587 | $85,380 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Guru Nanak Foundation of America ($40,351), The Guru Gobind Singh Foundation ($7,350), Montgomery County Law Enforcement ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN DIABETES ASSOCIATION ARLINGTON, VA | GENERAL USE | $2,000 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | GENERAL USE | $2,500 |
| COVENANT HOUSE NEW YORK, NY | GENERAL USE | $1,000 |
| DC FOOD BANK WASHINGTON, DC | GENERAL USE | $1,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | GENERAL USE | $1,000 |
| GURU NANAK FOUNDATION OF AMERICA SILVER SPRING, MD | GENERAL USE | $40,351 |
| NEHA K RAJPAL FOUNDATION MCLEAN, VA | GENERAL USE | $1,000 |
| MONTGOMERY COUNTY LAW ENFORCEMENT GAITHERSBURG, MD | GENERAL USE | $5,000 |
| SAVE THE CHILDREN FAIRFIELD, CT | GENERAL USE | $1,000 |
| SMILE TRAIN NEW YORK, NY | GENERAL USE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEN S BAJAJ | DIRECTOR | 2 | — |
| KAVELLE R BAJAJ | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bajaj Family Foundation Inc?
Bajaj Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. It holds $1.4M in total assets as of 2024.
How large is Bajaj Family Foundation Inc?
As of 2024, Bajaj Family Foundation Inc holds $1.4M in total assets with $9K in annual revenue. It awarded 15 grants totaling $69K in 2024.
Where does Bajaj Family Foundation Inc operate?
Bajaj Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Maryland, New York, Texas, Virginia.
What size grants does Bajaj Family Foundation Inc award?
In 2024, Bajaj Family Foundation Inc awarded 15 grants totaling $69K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Bajaj Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bajaj Family Foundation Inc reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bajaj Family Foundation Inc's EIN?
Bajaj Family Foundation Inc's EIN (Employer Identification Number) is 52-2007925. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bajaj Family Foundation Inc'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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