Euphoria Foundation

Private foundation · Grantmaker New York, NY EIN: 87-3958344

Euphoria Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $238K in total assets. In 2024, it awarded 2 grants totaling $17K. Net investment income was $2K.

Key facts about Euphoria Foundation

In short: Euphoria Foundation gave $17K across 2 grants in 2024 (avg $8K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
87-3958344
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$16,715
Grants made (2024)
2
Average grant
$8,358
Median grant
$8,358
Total assets
$238,202
Primary geography
New York (88% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$238K

+8.4% YoY

Annual Giving

$17K

+234.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$8K

+67.2% YoY

Under IRS private-foundation payout rules, Euphoria Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

How Euphoria Foundation gives

  • In 2024 it paid out 149% 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

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

New YorkSearingtownWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 0 grants2022 1 grant2023 2 grants2024

From 2023 to 2024, annual grant giving ranged from $5K (2023) to $17K (2024). In 2024 it made 2 grants totaling $17K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

International Foundation for Social: $15KInternational Foundation forSocial$15KSoka Gakkai International USA: $2KSoka Gakkai International USA$2K

The largest 2024 recipient was International Foundation for Social ($15K). Together the top 2 received $17K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
International Foundation for Social New York, NYAdvancing Education & Social Impact$14,715
Soka Gakkai International USA Washington, DCBuddhist Org Promotes Peace, Culture$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024
Metric202420232022
Total Assets$238,202$219,779$324,941
Revenue$-9,060$444$146,197
Expenses$18,254$5,051$943
Qualifying Distributions$16,715$5,000—
Net Investment Income$1,848$1,330$943
Distributable Amount$11,253$9,793$9,909

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Euphoria Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nitin Rakesh

    Director

    On filings since 2021

    No compensation reported

  • Sandeepa Vig

    Director

    On filings since 2021

    No compensation reported

  • Simran Arora

    Director

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Euphoria Foundation

How much does Euphoria Foundation give each year?

Euphoria Foundation gave $17K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 1 grant.

How large is Euphoria Foundation?

Euphoria Foundation reported $238K in total assets on its 2024 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).

Where does Euphoria Foundation operate?

Euphoria Foundation has awarded grants in District of Columbia, New York.

What is Euphoria Foundation's EIN?

Euphoria Foundation's EIN (Employer Identification Number) is 87-3958344. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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