Bashambu Family Foundation
Bashambu Family Foundation is a private foundation, 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.
Bashambu Family Foundation at a glance
In short: Bashambu Family Foundation gave $66K across 2 grants in 2024 (avg $33K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $65,500
- -35.8% vs 2023
- Grants made (2024)
- 2
- -60.0% vs 2023
- Average grant
- $32,750
- +60.4% vs 2023
- Median grant
- $32,750
- Total assets
- $1,227,745
- -7.9% vs 2023
- Primary geography
- New York (69% 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 Bashambu Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was American India Foundation ($46K). Together the top 2 received $66K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 27 grants of 28 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Bashambu Family Foundation gives
- Giving grew 64% from 2021 to 2024. Method
- In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). 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 $22K (2020) to $102K (2023). In 2024 it made 2 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American India Foundation New York, NY | Charitable Contribution for education and vocational training of children and women | $45,500 |
| Head Royce School Oakland, CA | Charitable Contribution for education-related purposes for children | $20,000 |
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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 | $1,227,745 | $15,525 | $65,996 | $65,500 | 2 | $65,500 | $15,525 | $60,856 |
| 2023 | $1,333,147 | $32,113 | $102,125 | $102,100 | 5 | $102,100 | $32,113 | $64,735 |
| 2022 | $1,379,488 | $2,013 | $66,329 | $66,302 | 9 | $66,302 | $2,013 | $67,832 |
| 2021 | $1,416,525 | $300,110 | $40,053 | $40,000 | 8 | $40,000 | $110 | $56,253 |
| 2020 | $1,138,943 | $302,018 | $21,815 | $21,500 | 4 | — | $2,018 | $42,520 |
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.
Leadership & Key People
Officers and directors from IRS filings
Bashambu Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Montu Bashambu
Director Officer
On filings since 2020
1 hr/week
No compensation reported
Urvashi Bashambu
Director
On filings since 2020
2 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.
Frequently asked questions about Bashambu Family Foundation
How much does Bashambu Family Foundation give each year?
Bashambu Family Foundation gave $66K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $102K across 5 grants.
How large is Bashambu Family Foundation?
Bashambu Family Foundation reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).
Where does Bashambu Family Foundation operate?
Bashambu Family Foundation has awarded grants in California, District of Columbia, Louisiana, Massachusetts, New York, Washington.
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.
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
Live grants for the work Bashambu Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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