Deshpande Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About Deshpande Family Foundation
Based on IRS filings
Deshpande Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with Deshpande Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Vision Aid ($5,000), Aradhane Committee ($201).
| Recipient | Purpose | Amount |
|---|---|---|
| VISION AID LEXINGTON, MA | UNRESTRICTED GENERAL SUPPORT | $5,000 |
| ARADHANE COMMITTEE ROCKY RIVER, OH | UNRESTRICTED GENERAL SUPPORT | $201 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GURURAJ DESHPANDE | CO-TRUSTEE | 1 | — |
| JAISHREE DESHPANDE | CO-TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Deshpande Family Foundation?
Deshpande Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STONEHAM, MA. It holds $601K in total assets as of 2025.
How large is Deshpande Family Foundation?
As of 2025, Deshpande Family Foundation holds $601K in total assets with $-5,576 in annual revenue. It awarded 2 grants totaling $5K in 2025.
Where does Deshpande Family Foundation operate?
Deshpande Family Foundation has awarded grants in California, Massachusetts, Ohio.
What size grants does Deshpande Family Foundation award?
In 2025, Deshpande Family Foundation awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Deshpande Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Deshpande Family Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Deshpande Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Conservation Food and Health Foundation
BOSTON, MA
Assets
$14.6M
Grants
49
Total Given
$2.2M
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
The Bulens Family Foundation
WELLESLEY, MA
Assets
$3.0M
Grants
68
Total Given
$956K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Deshpande Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Deshpande Family Foundation to a real strategy.