Ekta Foundation

Foundation · Grantmaker Huntsville, AL EIN: 26-1644753

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

7states

Share of all 1 itemized 2025 grant dollars.

Cities

New YorkHuntsvilleWashingtonArlingtonDallasNatickPalo AltoWalnut

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K3 grants20192 grants20206 grants20214 grants20225 grants20234 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Hudson Alpha Foundation: $90KHudson Alpha Foundation$90K

Grant Size Distribution

20 grants across all recorded years

13<$50K2$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HUDSON ALPHA FOUNDATION Huntsville, ALGENERAL SUPPORT$90,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2019202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 14, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
  8. 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.

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