Bashambu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $66K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-7.9% YoY
Annual Giving
$66K
-35.8% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$33K
+60.4% YoY
Under IRS private-foundation payout rules, Bashambu Family Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About Bashambu Family Foundation
Based on IRS filings
Bashambu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $66K. Net investment income was $16K.
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 | $1,227,745 | $1,333,147 | $1,379,488 |
| Revenue | $15,525 | $32,113 | $2,013 |
| Expenses | $65,996 | $102,125 | $66,329 |
| Qualifying Distributions | $65,500 | $102,100 | $66,302 |
| Net Investment Income | $15,525 | $32,113 | $2,013 |
| Distributable Amount | $60,856 | $64,735 | $67,832 |
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
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American India Foundation ($45,500), Head Royce School ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Head Royce School Oakland, CA | Charitable Contribution for education-related purposes for children | $20,000 |
| American India Foundation New York, NY | Charitable Contribution for education and vocational training of children and women | $45,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Urvashi Bashambu | Director | 2 | — |
| Montu Bashambu | Director Officer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bashambu Family Foundation?
Bashambu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. It holds $1.2M in total assets as of 2024.
How large is Bashambu Family Foundation?
As of 2024, Bashambu Family Foundation holds $1.2M in total assets with $16K in annual revenue. It awarded 2 grants totaling $66K in 2024.
Where does Bashambu Family Foundation operate?
Bashambu Family Foundation has awarded grants in California, District of Columbia, Louisiana, Massachusetts, New York, Washington.
What size grants does Bashambu Family Foundation award?
In 2024, Bashambu Family Foundation awarded 2 grants totaling $66K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Bashambu Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bashambu Family Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bashambu Family Foundation's EIN?
Bashambu Family Foundation's EIN (Employer Identification Number) is 81-4739246. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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