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 2025. As of 2025, the organization holds $601K in total assets. In 2025, it awarded 2 grants totaling $5K. Net investment income was $4K.

Key facts about Deshpande Family Foundation

In short: Deshpande Family Foundation gave $5K across 2 grants in 2025 (avg $3K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
22-6705396
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,201
Grants made (2025)
2
Average grant
$2,601
Median grant
$2,601
Total assets
$600,670
Primary geography
Massachusetts (96% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$601K

-2.7% YoY

Annual Giving

$5K

-54.8% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$3K

-54.8% YoY

Under IRS private-foundation payout rules, Deshpande Family Foundation reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

How Deshpande Family Foundation gives

  • Giving fell 89% from 2022 to 2025. Method
  • In 2025 it paid out 13% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Your AI grants department

Ready to take the next step with Deshpande Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

BostonAndoverNeedhamSanta ClaraHopkintonLexingtonLincolnRocky River

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

From 2021 to 2025, annual grant giving ranged from $5K (2025) to $48K (2022). In 2025 it made 2 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Vision Aid: $5KVision Aid$5KAradhane Committee: $201Aradhane Committee$201

The largest 2025 recipient was Vision Aid ($5K). Together the top 2 received $5K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vision Aid Lexington, MAUnrestricted General Support$5,000
Aradhane Committee Rocky River, OHUnrestricted General Support$201

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$600,670$617,618$588,998
Revenue$-5,576$49,837$-16,937
Expenses$11,372$21,217$26,507
Qualifying Distributions$5,225$11,559$26,507
Net Investment Income$3,868$49,837$3,013
Distributable Amount$41,027$34,268$31,857

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Deshpande Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 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, 2021–2025. "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 $5K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 2 grants.

How large is Deshpande Family Foundation?

Deshpande Family Foundation reported $601K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Deshpande Family Foundation operate?

Deshpande Family Foundation has awarded grants in California, Massachusetts, Ohio.

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 2021–2025.

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

Your AI grants department

Here's the math on researching Deshpande Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Deshpande Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Eastern Bank Foundation

Wakefield, MA

Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.

Assets

$266.7M

Grants

1,786

Total Given

$19.0M

Boston Foundation Inc

Boston, MA

The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Edwin S Webster Foundation

Boston, MA

The foundation supports New England nonprofits, especially in health and medical research, education, youth services, culture, and programs serving minorities; it also funds social-service and civic organizations. Grants are typically $10,000–$25,000, with an average of about $15,000. It accepts unsolicited requests from eligible 501(c)(3) organizations through an online application.

Assets

$56.4M

Grants

63

Total Given

$2.5M

Ruggles Family Foundation

Garden City, NY

The Ruggles Family Foundation supports organizations in youth services, education, science, health, and the arts, with grants across multiple states, especially Massachusetts, Maryland, New York, New Jersey, and Connecticut. In 2025, it made 94 grants ranging from $100 to $400,000, with a median grant of $10,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$36.0M

Grants

94

Total Given

$2.4M

Alchemy Foundation

Cambridge, MA

Alchemy Foundation makes general-support grants to preselected charitable organizations; its two 2025 grants were $10,000 each, to organizations in California and Colorado. It does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$8.1M

Grants

2

Total Given

$20K

Highland Street Connection

Newton, MA

Highland Street Foundation funds programs supporting children and families, including education, youth mentoring, housing, health care, the environment, and the arts, primarily in Massachusetts, with some support in California and elsewhere. Its 2024 grants ranged from $400 to $100,000, with a median of $5,000. It does not accept unsolicited requests; eligible organizations may submit a letter of inquiry after completing its online eligibility quiz.

Assets

$60.4M

Grants

410

Total Given

$4.4M

Barr Foundation

Boston, MA

Barr Foundation funds arts and creativity, climate, education, and related initiatives, primarily supporting organizations and leaders in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. It welcomes inquiries through program pages and occasionally issues open requests for proposals; most grants go to returning partners.

Assets

$1.9B

Grants

903

Total Given

$123.2M

Liberty Mutual Foundation Inc

Boston, MA

Liberty Mutual Foundation funds nonprofits working on basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, primarily in the Boston area, with grants also made in other states. Its 2024 grants had a median of $35,000 and ranged from $2,500 to $11 million; it accepts online applications on a rolling basis, with no stated deadlines.

Philanthropy, Voluntarism & Grantmaking

Assets

$46.1M

Grants

706

Total Given

$50.6M

Cummings Foundation Grants Inc (Fka Oneworld Boston Inc)

Woburn, MA

The foundation supports nonprofits focused on human services, education, healthcare, fairness and justice, and environmental causes, primarily in greater Boston and eastern Massachusetts, with limited support for Rwanda’s recovery. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal for its local grant program.

Philanthropy, Voluntarism & Grantmaking

Assets

$258.2M

Grants

658

Total Given

$38.2M

American Tower Corporation Foundation

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$15.4M

Grants

632

Total Given

$1.7M

Good Sports Inc

Braintree, MA

Good Sports provides free sports equipment, footwear, and apparel to established schools and community organizations running ongoing youth sports and physical-activity programs in high-need communities; it serves all 50 states and Puerto Rico. In 2025, grants ranged from $5,004 to $229,133, with a median of $12,781. Youth programs and schools can apply through its community-organization application process.

Assets

$13.8M

Grants

619

Total Given

$11.2M

More Funders in Massachusetts

Deshpande Family Foundation down — hundreds of funders to go?

Want AI to do this for you?