Doctors Mody Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLASGOW, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $487K in total assets. In 2024, it awarded 4 grants totaling $24K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$487K
+17.6% YoY
Annual Giving
$24K
+17.5% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$6K
+46.9% YoY
Under IRS private-foundation payout rules, Doctors Mody Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Doctors Mody Foundation Inc
Based on IRS filings
Doctors Mody Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLASGOW, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $487K in total assets. In 2024, it awarded 4 grants totaling $24K. Net investment income was $16K.
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 | $487,379 | $414,461 | $394,731 |
| Revenue | $65,261 | $56,572 | $70,066 |
| Expenses | $26,790 | $22,803 | $18,872 |
| Qualifying Distributions | $23,500 | $20,000 | $16,000 |
| Net Investment Income | $16,471 | $12,458 | $8,942 |
| Distributable Amount | $23,563 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Share & Care ($15,000), Barren Co Reads & Feeds ($5,000), T J Mission Foundation ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BARREN CO READS & FEEDS GLASGOW, KY | CHARITABLE PURPOSES | $5,000 |
| T J MISSION FOUNDATION GLASGOW, KY | CHARITABLE PURPOSES | $2,500 |
| T J HELPING HANDS GLASGOW, KY | CHARITABLE PURPOSES | $1,000 |
| SHARE & CARE ROCHELLE PARK, NJ | CHARITABLE PURPOSES | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BHARAT M MODY | PRESIDENT | — | — |
| BHARATI B MODY | SECRETARY | — | — |
| BHAVANA MODY | DIRECTOR | — | — |
| BHAVANI MODY HIGH | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Doctors Mody Foundation Inc?
Doctors Mody Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLASGOW, KY. It holds $487K in total assets as of 2024.
How large is Doctors Mody Foundation Inc?
As of 2024, Doctors Mody Foundation Inc holds $487K in total assets with $65K in annual revenue. It awarded 4 grants totaling $24K in 2024.
Where does Doctors Mody Foundation Inc operate?
Doctors Mody Foundation Inc has awarded grants in Kentucky, New Jersey, New York.
What size grants does Doctors Mody Foundation Inc award?
In 2024, Doctors Mody Foundation Inc awarded 4 grants totaling $24K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Doctors Mody Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Doctors Mody Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Doctors Mody Foundation Inc's EIN?
Doctors Mody Foundation Inc's EIN (Employer Identification Number) is 81-0778146. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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