Challa Foundation is a private foundation focused on Education, based in MC LEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 5 grants totaling $6K.
Key facts about Challa Foundation
- EIN
- 20-5937510
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,500
- Grants made (2024)
- 5
- Average grant
- $1,100
- Median grant
- $1,000
- Total assets
- $172,238
- Primary geography
- Maryland (36% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Challa Foundation funds
By grant dollars, the top recipient states for Challa Foundation's 5 itemized 2024 grants were Maryland (36%), Delaware (18%) and Ohio (18%). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Contribution" (4 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$172K
-6.4% YoY
Annual Giving
$6K
+1000.0% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$1K
+120.0% YoY
Under IRS private-foundation payout rules, Challa Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Challa Foundation
Based on IRS filings
Challa Foundation is a private foundation focused on Education, based in MC LEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 5 grants totaling $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $172,238 | $183,937 | $159,264 |
| Revenue | $-4,886 | $51,931 | $51,434 |
| Expenses | $6,813 | $2,759 | $11,130 |
| Qualifying Distributions | $5,500 | $500 | $11,100 |
| Net Investment Income | — | $1,480 | $5 |
| Distributable Amount | $8,483 | $6,066 | $8,499 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Idrf ($2,000), Mid-atlantic Vipasana ($1,000), Gnyana Sangha ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IDRF North Bethesda, MD | Contribution | $2,000 |
| MID-ATLANTIC VIPASANA Claymont, DE | Contribution | $1,000 |
| GNYANA SANGHA Cincinnati, OH | contribution | $1,000 |
| GREATER DC VIPASSANA Ashburn, VA | contribution | $1,000 |
| MD ANDERSON HOUSTON, TX | CANCER RESEARCH | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PRASAD CHALLA | DIRECTOR | — | — |
| SASALA CHALLA | DIRECTOR | — | — |
| NARASIMHULU CHALLA | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Challa Foundation?
Challa Foundation is a private foundation focused on Education, based in MC LEAN, VA. It holds $172K in total assets as of 2024.
How large is Challa Foundation?
As of 2024, Challa Foundation holds $172K in total assets with $-4,886 in annual revenue. It awarded 5 grants totaling $6K in 2024.
Where does Challa Foundation operate?
Challa Foundation has awarded grants in Delaware, Maryland, Michigan, Ohio, Texas, Virginia.
What size grants does Challa Foundation award?
In 2024, Challa Foundation awarded 5 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Challa Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Challa Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Challa Foundation's EIN?
Challa Foundation's EIN (Employer Identification Number) is 20-5937510. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Challa Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.