Deshpande Family Foundation

Private foundation · Grantmaker Stoneham, MA EIN: 22-6705396

Deshpande Family Foundation is a private foundation, based in Stoneham, MA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $612K in total assets. In 2026, it awarded 9 grants totaling $55K. Net investment income was $71K.

Deshpande Family Foundation at a glance

In short: Deshpande Family Foundation gave $55K across 9 grants in 2026 (avg $6K), mostly in Massachusetts. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$54,500
+947.9% vs 2025
Grants made (2026)
9
+350.0% vs 2025
Average grant
$6,056
+132.9% vs 2025
Median grant
$5,000
Total assets
$612,022
+1.9% vs 2025
Primary geography
Massachusetts (63% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

Who Deshpande Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2026

Chinmaya Mission Boston: $11KChinmaya Mission Boston$11KEkal Vidyalaya Foundation of USA: $10KEkal Vidyalaya Foundation ofUSA$10KSamskrita Bharati: $10KSamskrita Bharati$10KMuseum of Science: $5KMuseum of Science$5KRwanda Youth Partnership: $5KRwanda Youth Partnership$5KNe-SRS Brundavan: $5KNe-SRS Brundavan$5KFriends of Freeland Foundation: $5KFriends of Freeland Foundation$5KPrerna Performing Arts: $2KPrerna Performing Arts$2KPan-Mass Challenge: $2KPan-Mass Challenge$2K

The largest 2026 recipient was Chinmaya Mission Boston ($11K). Together the top 9 received $55K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2026 grant dollars across all 9 itemized grants.

Cities

BostonAndoverNeedhamSanta ClaraChelmsfordHopkintonHoustonLexingtonLincolnNewtonRocky RiverSan DiegoShirley

How Deshpande Family Foundation gives

  • Giving grew 106% from 2023 to 2026. Method
  • In 2026 it paid out 147% 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

$0$20K$40K$60K3 grants2021 5 grants2022 5 grants2023 2 grants2024 2 grants2025 9 grants2026

From 2021 to 2026, annual grant giving ranged from $5K (2025) to $55K (2026). In 2026 it made 9 grants totaling $55K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chinmaya Mission Boston Andover, MAUnrestricted General Support$11,000
Ekal Vidyalaya Foundation of USA Houston, TXUnrestricted General Support$10,000
Samskrita Bharati San Diego, CAUnrestricted General Support$10,000
Museum of Science Boston, MAUnrestricted General Support$5,000
Rwanda Youth Partnership Boston, MAUnrestricted General Support$5,000
Ne-SRS Brundavan Shirley, MAUnrestricted General Support$5,000
Friends of Freeland Foundation Chelmsford, MAUnrestricted General Support$5,000
Prerna Performing Arts Newton, MAUnrestricted General Support$2,000
Pan-Mass Challenge Needham, MAUnrestricted General Support$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$612,022$71,128$59,776$54,5009$54,500$71,128$37,142
2025$600,670$-5,576$11,372$5,2012$5,225$3,868$41,027
2024$617,618$49,837$21,217$11,5002$11,559$49,837$34,268
2023$588,998$-16,937$26,507$26,5005$26,507$3,013$31,857
2022$632,442$28,902$51,791$48,0005$48,042$28,902$43,451
2021$654,331$146,286$28,816$26,0003—$146,286$42,428

Under IRS private-foundation payout rules, Deshpande Family Foundation reported a distributable amount of $37K for 2026 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Deshpande Family Foundation's 2026 filing lists 2 officers; none of the 2 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Gururaj Deshpande

    Co-Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jaishree Deshpande

    Co-Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2026. "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 $55K across 9 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $5K across 2 grants.

What is Deshpande Family Foundation's typical grant size?

Deshpande Family Foundation's median grant in 2026 was $5,000, and its average grant was $6,056, across 9 grants on its 2026 IRS Form 990-PF.

Where does Deshpande Family Foundation give grants?

Deshpande Family Foundation gives mostly in Massachusetts: 63% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Texas (18%) and California (18%). The most frequent recipient cities were Boston, MA (2 grants).

Does Deshpande Family Foundation give general operating support?

Yes: 100% of Deshpande Family Foundation's 2026 grants with a stated purpose (9 of 9) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are Deshpande Family Foundation's largest grantees?

Deshpande Family Foundation's largest 2026 grantees include Chinmaya Mission Boston ($11,000), Ekal Vidyalaya Foundation of USA ($10,000) and Samskrita Bharati ($10,000), according to its 2026 IRS Form 990-PF. Together they received 57% of its itemized 2026 grant dollars.

How large is Deshpande Family Foundation?

Deshpande Family Foundation reported $612K in total assets on its 2026 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).

What is Deshpande Family Foundation's EIN?

Deshpande Family Foundation's EIN (Employer Identification Number) is 22-6705396. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated November 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS September 24, 2026)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Deshpande Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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