Ekta Foundation
Ekta Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Huntsville, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $413K in total assets. In 2025, it awarded 1 grant totaling $90K. Net investment income was $20K.
Key facts about Ekta Foundation
In short: Ekta Foundation gave $90K across 1 grant in 2025 (avg $90K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- EIN
- 26-1644753
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $90,000
- Grants made (2025)
- 1
- Average grant
- $90,000
- Median grant
- $90,000
- Total assets
- $413,320
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$413K
-19.3% YoY
Annual Giving
$90K
-65.0% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$90K
+39.9% YoY
Under IRS private-foundation payout rules, Ekta Foundation reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.
How Ekta Foundation gives
- Giving fell 43% from 2022 to 2025. Method
- In 2025 it paid out 373% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| HUDSON ALPHA FOUNDATION Huntsville, AL | GENERAL SUPPORT | $90,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $413,320 | $512,283 | $747,054 |
| Revenue | $20,333 | $9,504 | $-167,276 |
| Expenses | $119,786 | $302,211 | $432,838 |
| Qualifying Distributions | $90,000 | $257,317 | $402,000 |
| Net Investment Income | $20,333 | $5,897 | $4,138 |
| Distributable Amount | $24,102 | $30,386 | $58,524 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Ekta Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Amrita Mahbubani
Director
On filings since 2019
No compensation reported
Ashok K. Mahbubani
Director
On filings since 2019
No compensation reported
Scott Faulkner
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Ekta Foundation
How much does Ekta Foundation give each year?
Ekta Foundation gave $90K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $257K across 4 grants.
How large is Ekta Foundation?
Ekta Foundation reported $413K in total assets on its 2025 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
What is Ekta Foundation?
Ekta Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Huntsville, AL. It holds $413K in total assets as of 2025.
Where does Ekta Foundation operate?
Ekta Foundation has awarded grants in Alabama, California, District of Columbia, Massachusetts, New York, Texas, Virginia.
What is Ekta Foundation's EIN?
Ekta Foundation's EIN (Employer Identification Number) is 26-1644753. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Ekta Foundation by hand.
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