The Dr. Prem Reddy Family Foundation is a private operating foundation established in California in 1989 (originally known as the Desert Valley Charitable Foundation). Based in Victorville in the High Desert region of Southern California, the foundation is dedicated to improving access to healthcare, supporting aligned charitable organizations, and increasing educational opportunities in healthcare fields.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.1M
+5.1% YoY
Annual Giving
$562K
-41.7% YoY
Grant Count
54
-3.6% YoY
Avg Grant Size
$10K
-39.5% YoY
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.
Mission & Focus Areas
The foundation's mission centers on "lending a helping hand" through:
- Healthcare Access: Funding free clinics and organizations supporting preventative care, assisting patients unable to afford treatment
- Health Education: Supporting public healthcare education initiatives
- Scholarships: Providing educational opportunities for students pursuing careers in medicine and healthcare-related fields
- Community Services: Supporting human services and youth services organizations
Grantmaking
The foundation operates an annual scholarship program for High Desert residents with the following parameters:
Grant Range
$4,300
Review Cycle
April 17, 2026
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary funding areas include:
- High Desert communities in California
- California, Texas, and Illinois (broader giving areas)
- International giving to poverty-stricken areas for clinic equipment and healthcare support
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of December 2024):
- Total assets: $48,072,894
- Total revenues: $1,348,129
- Total expenses: $934,049
- Total giving: $561,562
Historical Assets (2023):
- Total assets: $45.8 million
- Total liabilities: $118,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,072,894 | $45,761,850 | $43,304,945 |
| Revenue | $1,348,129 | $1,531,925 | $-57,940 |
| Expenses | $934,049 | $1,457,028 | $11,520,196 |
| Qualifying Distributions | $601,377 | $988,893 | $10,748,085 |
| Net Investment Income | $1,023,991 | $725,631 | $308,864 |
| Distributable Amount | $2,299,069 | $2,167,738 | $2,529,934 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Leukemia & Lymphoma Society ($100,000), Telangana American Telugu Associati ($50,000), American Telugu Association ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VICTOR VALLEY COLLEGE VICTORVILLE, CA | SCHOLARSHIP | $28,000 |
| AZUSA PACIFIC UNIVERSITY AZUSA, CA | SCHOLARSHIP | $13,000 |
| CALIFORNIA BAPTIST UNIVERSITY RIVERSIDE, CA | SCHOLARSHIP | $6,000 |
| UCLA LOS ANGELES, CA | SCHOLARSHIP | $12,000 |
| KECK SCHOOL OF MEDICINE LOS ANGELES, CA | SCHOLARSHIP | $3,500 |
| UNIVERSITY OF SAN DIEGO LA JOLA, CA | SCHOLARSHIP | $4,000 |
| USC ALFRED MANN SCHOOL OF PHARMACY LOS ANGELES, CA | SCHOLARSHIP | $2,000 |
| UNIVERSITY OF RIVERSIDE RIVERSIDE, CA | SCHOLARSHIP | $13,000 |
| RIVERSIDE COMMUNITY COLLEGE RIVERSIDE, CA | SCHOLARSHIP | $1,000 |
| CA UNIVERSITY OF SCIENCE-MEDICINE COLTON, CA | SCHOLARSHIP | $5,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members:
- Prem Reddy — President (0 hours/week, $0 compensation)
- Kavitha Reddy Bhatia — Secretary (0 hours/week, $0 compensation)
- Sunitha Reddy — Director (0 hours/week, $0 compensation)
The foundation operates with limited paid staffing, relying on volunteer board leadership.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PREM REDDY | PRESIDENT | — | — |
| KAVITHA REDDY BHATIA | SECRETARY | — | — |
| SUNITHA REDDY | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained active grant-making and scholarship distribution in recent years:
Dr. Prem Reddy Family Foundation Awards Scholarships to 85 Students PursuingAwarded scholarships to 85-90 students pursuing careers in healthcare (recent years)
Dr. Prem Reddy Family Foundation Awards Scholarships to 85 Students PursuingContinues annual scholarship program with consistent recipient numbers
Recent grant activity documented in 2024 tax filings
Tax-exempt status maintained since January 1992
Contact Information
Address: 16850 Bear Valley Road, Suite 200 Victorville, CA 92395
Phone: 760-381-8913 (Scholarships) / 760-241-8000 (General)
Email: scholarships@reddyfamilyfoundation.org
Website: www.premreddyfamilyfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Dr Prem Reddy Family Foundation fund?
The foundation's mission centers on "lending a helping hand" through: • **Healthcare Access**: Funding free clinics and organizations supporting preventative care, assisting patients unable to afford treatment • **Health Education**: Supporting public healthcare education initiatives • **Scholarships**: Providing educational opportunities for students pursuing careers in medicine and healthcare-related fields • **Community Services**: Supporting human services and youth services organizations
How do I apply for a grant from Dr Prem Reddy Family Foundation?
**Grant Activity:** • 54 grants reported in recent filings • Median grant size: $4,300 • Grant range: $1,000 to $100,000 • Total giving (2024): $561,562 **Scholarship Program:** The foundation operates an annual scholarship program for High Desert residents with the following parameters: • Open to students enrolled in accredited programs leading to healthcare or medical-related careers • Minimum eligibility requirement: 3.0 GPA • Available to recent high school graduates with proof of college a…
Where does Dr Prem Reddy Family Foundation make grants?
Primary funding areas include: • High Desert communities in California • California, Texas, and Illinois (broader giving areas) • International giving to poverty-stricken areas for clinic equipment and healthcare support
What size grants does Dr Prem Reddy Family Foundation award?
In 2024, Dr Prem Reddy Family Foundation awarded 54 grants totaling $562K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Dr Prem Reddy Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Prem Reddy Family Foundation reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Dr Prem Reddy Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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