The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.2M
+4.9% YoY
Annual Giving
$100K
+400.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$100K
+400.0% YoY
About Deshpande Foundation Inc
Based on IRS filings
Deshpande Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,172,855 | $13,506,530 | $14,002,342 |
| Revenue | $110,055 | $-226,805 | $126,792 |
| Expenses | $681,277 | $842,802 | $711,056 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $110,055 | $-232,813 | $126,792 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kate R Guedj | Treasurer & Director | 1 | — |
| Paul S Grogan | Clerk & Director | 1 | — |
| Gururaj Deshpande | President & Director | 5 | — |
| Hemang Dave | Director | 1 | — |
| Jaishree Deshpande | Director | 5 | — |
| Sushil Vachani | Director | 1 | — |
| Servjeet Bhachu | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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