Deshpande Family Foundation

Private foundation · Grantmaker Orlando, FL EIN: 20-1947794

Deshpande Family Foundation is a private foundation, based in Orlando, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 8 grants totaling $391K. Net investment income was $16K.

Key facts about Deshpande Family Foundation

In short: Deshpande Family Foundation gave $391K across 8 grants in 2024 (avg $49K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
20-1947794
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$391,000
Grants made (2024)
8
Average grant
$48,875
Median grant
$10,000
Total assets
$1,591,413
Primary geography
Florida (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-13.3% YoY

Annual Giving

$391K

+163.3% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$49K

+163.3% YoY

Under IRS private-foundation payout rules, Deshpande Family Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.

How Deshpande Family Foundation gives

  • Giving grew 136% from 2021 to 2024. Method
  • In 2024 it paid out 464% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

OrlandoGoldenrodWashingtonLongwoodGothaNew YorkPorter RanchCasselberryIrvingOviedoRancho Palos VerdesSilver SpringTampaWinter Park

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K9 grants2020 7 grants2021 8 grants2022 8 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $119K (2020) to $391K (2024). In 2024 it made 8 grants totaling $391K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Hindu University of America: $200KHindu University of America$200KUniversity of Central Florida: $100KUniversity of Central Florida$100KDr Phillips Center: $50KDr Phillips Center$50KHindu American Foundation: $10KHindu American Foundation$10KOrlando Science Center: $10KOrlando Science Center$10KPathway for Life Academy Inc: $10KPathway for Life Academy Inc$10KIndian American Business Association: $10KIndian American BusinessAssociation$10KRaas Rampage: $1KRaas Rampage$1K

The largest 2024 recipient was Hindu University of America ($200K). Together the top 8 received $391K.

Grant Size Distribution

40 grants across all recorded years

33<$50K3$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 40 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hindu University of America Orlando, FLCharitable/Educational$200,000
University of Central Florida Orlando, FLCharitable/Educational$100,000
Dr Phillips Center Orlando, FLCharitable/Education$50,000
Hindu American Foundation Washington, DCCharitable/Education$10,000
Orlando Science Center Orlando, FLCharitable/Education$10,000
Pathway for Life Academy Inc Gotha, FLCharitable/Education$10,000
Indian American Business Association Orlando, FLCharitable/Educational$10,000
Raas Rampage Orlando, FLCharitable/Educational$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,591,413$1,836,307$1,804,281
Revenue$76,934$46,951$75,097
Expenses$391,000$160,259$350,405
Qualifying Distributions$391,000$148,500$262,000
Net Investment Income$16,351$49,957$119,652
Distributable Amount$84,208$94,713$91,417

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Deshpande Family Foundation is led by Chitra A. Deshpande, V. President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Chitra A. Deshpande

    V. President

    On filings since 2020

    No compensation reported

  • Anil D. Deshpande Anil D. Deshpande E.

    President

    New on the 2024 filing

    No compensation reported

  • Anjali A. Desphande

    Secretary

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Anil D. Deshpande (2020–2023) — President

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 Deshpande Family Foundation

How much does Deshpande Family Foundation give each year?

Deshpande Family Foundation gave $391K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $149K across 8 grants.

What is Deshpande Family Foundation's typical grant size?

Deshpande Family Foundation's median grant in 2024 was $10,000, and its average grant was $48,875, across 8 grants on its 2024 IRS Form 990-PF.

Where does Deshpande Family Foundation give grants?

Deshpande Family Foundation gives mostly in Florida: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Orlando, FL (6 grants).

Does Deshpande Family Foundation give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Deshpande Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable/Education" (4 grants) and "Charitable/Educational" (4 grants).

Who are Deshpande Family Foundation's largest grantees?

Deshpande Family Foundation's largest 2024 grantees include Hindu University of America ($200,000), University of Central Florida ($100,000) and Dr Phillips Center ($50,000), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.

How large is Deshpande Family Foundation?

Deshpande Family Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $391K in qualifying distributions that year, against a required minimum of $84K (roughly 5% of its investment assets).

What is Deshpande Family Foundation's EIN?

Deshpande Family Foundation's EIN (Employer Identification Number) is 20-1947794. 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.

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