Dr Prem Reddy Family Foundation
The Dr Prem Reddy Family Foundation is a private foundation based in Victorville, California. Its 2024 filing reports grants to educational institutions, charitable and cultural organizations, and other nonprofits, and the foundation’s scholarship program supports eligible High Desert residents pursuing healthcare- or medical-related careers.
Dr Prem Reddy Family Foundation at a glance
In short: Dr Prem Reddy Family Foundation gave $562K across 54 grants in 2024 (avg $10K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $561,562
- -41.7% vs 2023
- Grants made (2024)
- 54
- -3.6% vs 2023
- Average grant
- $10,399
- -39.5% vs 2023
- Median grant
- $4,250
- Total assets
- $48,072,894
- +5.1% vs 2023
- Primary geography
- California (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Dr Prem Reddy Family Foundation
- Review Cycle
- The filing states that scholarship submissions are due May 31. The scholarship website says applications are not currently being accepted and that its portal will reopen in February 2027.
- Deadline
- The filing states that scholarship submissions are due May 31.
- Contact
Application contact: Executive Director
Mailing address: 16716 Bear Valley Rd, Victorville, CA 92395
Phone: (760) 241-8000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dr Prem Reddy Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Telangana American Telugu Associati ($100K across 2 grants). Together the top 10 received $403K.
Organizations only. It also paid 4 individual scholarships ($7,500), which are not listed by name.
Grant Size Distribution
374 grants across all recorded years
The most common grant size was under $50K: 351 grants of 374 (94%).
Geographic Focus
Where this funder awards grants
The foundation is based in Victorville, California. In 2024, 48% of grant dollars went to California recipients, 18% to New Jersey, 10% to Illinois, and 9% to Texas. Its scholarship program is limited to High Desert residents.
Grant Distribution by State
Share of 2024 grant dollars across all 54 itemized grants.
States
Cities
How Dr Prem Reddy Family Foundation gives
- 24% of 2024 grantees were also funded in 2023. Method
- Giving fell 71% from 2021 to 2024. Method
- In 2024 it paid out 26% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $562K (2024) to $10.7M (2022). In 2024 it made 54 grants totaling $562K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Leukemia & Lymphoma Society Los Angeles, CA | Donation | $100,000 |
| Telangana American Telugu Associati Princeton, NJ | Donation | $50,000 |
| American Telugu Association Naperville, IL | Donation | $50,000 |
| Telangana American Telugu Associati Princeton, NJ | Donation | $50,000 |
| Sri Ashtalakshmi Temple Sugar Land, TX | Donation | $36,000 |
| Victor Valley College Victorville, CA | Scholarship | $28,000 |
| Northumbria University | Scholarship | $22,926 |
| India Home Jamaica, NY | Donation | $15,000 |
| Telugu Association of Southern Cali Irvine, CA | Donation | $15,000 |
| Kent State University Kent, OH | Scholarship | $13,550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $48,072,894 | $1,348,129 | $934,049 | $561,562 | 54 | $601,377 | $1,023,991 | $2,299,069 |
| 2023 | $45,761,850 | $1,531,925 | $1,457,028 | $963,000 | 56 | $988,893 | $725,631 | $2,167,738 |
| 2022 | $43,304,945 | $-57,940 | $11,520,196 | $10,732,392 | 101 | $10,748,085 | $308,864 | $2,529,934 |
| 2021 | $59,640,803 | $7,595,439 | $2,537,162 | $1,929,093 | 86 | $1,946,677 | $6,797,945 | $2,786,715 |
| 2020 | $56,798,427 | $4,738,269 | $3,911,050 | $3,339,595 | 77 | — | $4,411,805 | $2,276,289 |
Under IRS private-foundation payout rules, Dr Prem Reddy Family Foundation reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s website describes its scholarship program as recognizing academic achievement alongside involvement in school and community service. The program is open to High Desert residents enrolled in an accredited program leading to a healthcare or medical-related career. Applicants must meet a minimum 3.0 GPA requirement.
Its 2024 grants show support for a range of organizations. For example, the American Telugu Association describes its work as providing cultural, social, disaster recovery, charitable, religious, and educational support to people of Telugu origin in North America and India. India Home says it serves South Asian and Indo-Caribbean senior immigrants in New York City through culturally competent programs and services. Wisconsin Adaptive Sports Association describes its work as improving quality of life for people with physical disabilities or visual impairments through adaptive sports, recreation, fitness, and education.
Grantmaking
In 2024, the foundation reported 54 grants totaling $561,562. Grants ranged from $1,000 to $100,000, with a median of $4,250. Notable awards included $100,000 to the Leukemia & Lymphoma Society in Los Angeles, $50,000 each to the Telangana American Telugu Association and the American Telugu Association, $36,000 to Sri Ashtalakshmi Temple, and $28,000 to Victor Valley College for a scholarship.
The foundation also reported $963,000 across 56 grants in 2023, and $10,732,392 across 101 grants in 2022. The 2024 filing says grant applicants should submit an organizational brochure or pamphlet, details of community services, the event or purpose for the donation, and the organization’s tax identification number. Applicants are directed to contact the executive director.
Scholarship applicants are instructed to provide an application form, at least two school or work references, an official high school or college transcript and supporting data, a personal statement of plans and goals, and their most recent personal income tax return. The filing says the scholarship program is open to High Desert residents currently enrolled or planning to enroll in an accredited healthcare- or medically related program.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Prem Reddy as president, Kavitha Reddy Bhatia as secretary, and Sunitha Reddy as director.
Dr Prem Reddy Family Foundation is led by Prem Reddy, President since 2022 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Prem Reddy
President
President & Director → President, 2022
On filings since 2020
No compensation reported
Sunitha Reddy
Director
On filings since 2020
No compensation reported
Kavitha Reddy Bhatia
Secretary
Secretary, CFO & Director → Secretary & C, 2022
Secretary & C → Secretary, 2023
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Dr Prem Reddy Family Foundation
How much does Dr Prem Reddy Family Foundation give each year?
Dr Prem Reddy Family Foundation gave $562K across 54 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $963K across 56 grants.
What is Dr Prem Reddy Family Foundation's typical grant size?
Dr Prem Reddy Family Foundation's median grant in 2024 was $4,250, and its average grant was $10,399, across 54 grants on its 2024 IRS Form 990-PF.
Where does Dr Prem Reddy Family Foundation give grants?
Dr Prem Reddy Family Foundation's top state is California, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (18%) and Illinois (10%). The most frequent recipient cities were Irvine, CA (4 grants), Los Angeles, CA (3 grants), Riverside, CA (3 grants) and Princeton, NJ (2 grants).
Does Dr Prem Reddy Family Foundation give general operating support?
Not in 2024: none of the 54 grants with a stated purpose on Dr Prem Reddy Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (34 grants) and "Donation" (20 grants).
Who are Dr Prem Reddy Family Foundation's largest grantees?
Dr Prem Reddy Family Foundation's largest 2024 grantees include Telangana American Telugu Associati ($100,000 across 2 grants), Leukemia & Lymphoma Society ($100,000) and American Telugu Association ($50,000), according to its 2024 IRS Form 990-PF. It also paid 4 individual scholarships ($7,500), which are not listed by name. Together they received 45% of its itemized 2024 grant dollars.
How large is Dr Prem Reddy Family Foundation?
Dr Prem Reddy Family Foundation reported $48.1M in total assets on its 2024 IRS Form 990-PF. It paid out $601K in qualifying distributions that year, against a required minimum of $2.3M (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.
What does Dr Prem Reddy Family Foundation fund?
The foundation’s website describes its scholarship program as recognizing academic achievement alongside involvement in school and community service. The program is open to High Desert residents enrolled in an accredited program leading to a healthcare or medical-related career. See mission & focus areas ↑
How do I apply for a grant from Dr Prem Reddy Family Foundation?
Dr Prem Reddy Family Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Dr Prem Reddy Family Foundation's EIN?
Dr Prem Reddy Family Foundation's EIN (Employer Identification Number) is 33-0486173. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Dr Prem Reddy Family Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/dr-prem-reddy-family-foundation-morg_d2c1fdc5d07641b2b54915a284111a7b
BibTeX
@misc{grantable_330486173_2026,
author = {{Grantable}},
title = {{Dr Prem Reddy Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dr-prem-reddy-family-foundation-morg_d2c1fdc5d07641b2b54915a284111a7b},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dr Prem Reddy Family 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.
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