Bioworld Foundation Inc
Bioworld Foundation Inc is a private foundation, based in Irving, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 2 grants totaling $110K. Net investment income was $150K.
Bioworld Foundation Inc at a glance
In short: Bioworld Foundation Inc gave $110K across 2 grants in 2024 (avg $55K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $110,000
- -26.7% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $55,000
- +10.0% vs 2023
- Median grant
- $55,000
- Total assets
- $1,865,201
- +1.9% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Bioworld Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was North Texas Food Bank ($100K). Together the top 2 received $110K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 11 grants of 14 (79%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Bioworld Foundation Inc gives
- Giving grew 125% from 2021 to 2024. Method
- In 2024 it paid out 105% 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 2019 to 2024, annual grant giving ranged from $40K (2020) to $250K (2019). In 2024 it made 2 grants totaling $110K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Texas Food Bank Plano, TX | General support to focus on education and feeding the hungry students and their families. | $100,000 |
| Dallas Indian Lions Club Charities Inc Plano, TX | General support for charities, various organizations for Lions International for Disaster Relief and local charities, and financial aid and scholarships towards furthering education for the youth and youth program. | $10,000 |
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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 | $1,865,201 | $165,550 | $132,895 | $110,000 | 2 | $117,665 | $150,320 | $112,405 |
| 2023 | $1,830,935 | $90,269 | $170,886 | $150,000 | 3 | $156,930 | $76,313 | $107,006 |
| 2022 | $1,914,787 | $594,692 | $159,820 | $137,500 | 3 | $143,835 | $82,907 | $80,291 |
| 2021 | $1,477,180 | $165,445 | $61,556 | $48,800 | 4 | $49,728 | $153,696 | $90,120 |
| 2020 | $1,373,082 | $-1,241 | $63,500 | $40,000 | 2 | — | $24,202 | $76,524 |
| 2019 | $1,445,066 | $84,508 | $264,567 | $250,000 | 1 | — | $74,595 | $80,920 |
Under IRS private-foundation payout rules, Bioworld Foundation Inc reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bioworld Foundation Inc is led by Rajeev Malik, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Rajeev Malik
President
On filings since 2019
1 hr/week
No compensation reported
Ritu Malik
Secretary-Treasurer
Secretary → Secretary-Treasurer, 2020
On filings since 2019
1 hr/week
No compensation reported
Nishali Malik
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Bioworld Foundation Inc
How much does Bioworld Foundation Inc give each year?
Bioworld Foundation Inc gave $110K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $150K across 3 grants.
How large is Bioworld Foundation Inc?
Bioworld Foundation Inc reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $118K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets).
Where does Bioworld Foundation Inc operate?
Bioworld Foundation Inc has awarded grants in Minnesota, New York, Texas.
What is Bioworld Foundation Inc's EIN?
Bioworld Foundation Inc's EIN (Employer Identification Number) is 47-2615080. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 2, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Bioworld Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Bioworld Foundation Inc's focus areas in our free grants database
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