Devesh & Shilpa Mody Foundation
Devesh & Shilpa Mody Foundation is a private foundation focused on Human Services, based in Fulshear, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $114K in total assets. In 2024, it awarded 3 grants totaling $7K.
Devesh & Shilpa Mody Foundation at a glance
In short: Devesh & Shilpa Mody Foundation gave $7K across 3 grants in 2024 (avg $2K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,020
- +40.4% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $2,340
- -53.2% vs 2023
- Median grant
- $270
- Total assets
- $114,092
- +21.9% vs 2023
- Primary geography
- California (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Devesh & Shilpa Mody Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Agastya USA ($7K). Together the top 3 received $7K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Devesh & Shilpa Mody Foundation gives
- In 2024 it paid out 150% 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
From 2023 to 2024, annual grant giving ranged from $5K (2023) to $7K (2024). In 2024 it made 3 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Agastya USA San Jose, CA | Support Education for Children | $6,500 |
| IIT Madras Alumni Assoc North Amer Cupertino, CA | Promote Education & Social Assimilat | $270 |
| Giving Fund Washington, DC | Funding to Benefit Charities | $250 |
Ready to take the next step with Devesh & Shilpa Mody Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $114,092 | $30,000 | $9,485 | $7,020 | 3 | $7,020 | $4,684 |
| 2023 | $93,577 | — | $6,423 | $5,000 | 1 | $5,000 | $4,837 |
| 2022 | $100,000 | $100,000 | — | — | — | — | $304 |
Under IRS private-foundation payout rules, Devesh & Shilpa Mody Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Devesh & Shilpa Mody Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Devesh Mody
Director
On filings since 2022
No compensation reported
Sanjay Ramabhadran
Director
On filings since 2022
No compensation reported
Shilpa Mody
Director
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Devesh & Shilpa Mody Foundation
How much does Devesh & Shilpa Mody Foundation give each year?
Devesh & Shilpa Mody Foundation gave $7K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 1 grant.
What is Devesh & Shilpa Mody Foundation's typical grant size?
Devesh & Shilpa Mody Foundation's median grant in 2024 was $270, and its average grant was $2,340, across 3 grants on its 2024 IRS Form 990-PF.
Where does Devesh & Shilpa Mody Foundation give grants?
Devesh & Shilpa Mody Foundation gives mostly in California: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Devesh & Shilpa Mody Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Devesh & Shilpa Mody Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Devesh & Shilpa Mody Foundation?
Devesh & Shilpa Mody Foundation reported $114K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Devesh & Shilpa Mody Foundation?
Devesh & Shilpa Mody Foundation is a private foundation focused on Human Services, based in Fulshear, TX. It holds $114K in total assets as of 2024.
What is Devesh & Shilpa Mody Foundation's EIN?
Devesh & Shilpa Mody Foundation's EIN (Employer Identification Number) is 92-1308224. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Devesh & Shilpa Mody Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
Dhanam Foundation
Palo Alto, CA
Dhanam Foundation funds organizations in education and scientific research, the arts, conservation, international affairs, philanthropy, and youth development, with grants spanning several U.S. states and work supporting communities abroad. Its 2024 grants ranged from $5,000 to $12 million, with a median of $50,000. It funds only preselected charities and does not accept unsolicited requests.
Assets
$254.2M
Grants
38
Total Given
$20.2M
Sustainable Charitable Legacy Inc
Forest Hills, NY
Sustainable Charitable Legacy supports education, health, and social welfare, with grants reaching organizations in several states, including New York, Texas, New Jersey, Ohio, and California. Its 2025 grants ranged from $1,000 to $250,000, with a median of $21,250. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$16.9M
Grants
22
Total Given
$946K
The Oberoi Family Foundation
Assets
$2.3M
Grants
4
Total Given
$75K
The Lazard Charitable Foundation
New York, NY
Assets
$10K
Grants
437
Total Given
$1.6M
The Synopsys Foundation
Wilmington, DE
The Synopsys Foundation funds science and technology education, volunteering, community impact, and international giving. In 2024, it awarded 36 grants ranging from $1,000 to $1,451,173, with a median of $22,500; funding was concentrated in California, Georgia, Delaware, and New York. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$20.2M
Grants
36
Total Given
$4.4M
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Devesh & Shilpa Mody 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.
Devesh & Shilpa Mody Foundation down — hundreds of funders to go?