Foundation for World Education Inc is a private foundation focused on Education, based in LOWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 18 grants totaling $160K. Net investment income was $197K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-1.3% YoY
Annual Giving
$160K
+772.7% YoY
Grant Count
18
+350.0% YoY
Avg Grant Size
$9K
+93.9% YoY
Under IRS private-foundation payout rules, Foundation for World Education Inc reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation for World Education Inc
Based on IRS filings
Foundation for World Education Inc is a private foundation focused on Education, based in LOWELL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 18 grants totaling $160K. Net investment income was $197K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,867,131 | $2,903,625 | $2,336,178 |
| Revenue | $212,760 | $353,494 | $171,121 |
| Expenses | $137,070 | $94,816 | $107,285 |
| Qualifying Distributions | $174,987 | $26,856 | $91,196 |
| Net Investment Income | $197,205 | $131,194 | $84,576 |
| Distributable Amount | $139,478 | $123,354 | $118,326 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Auroville Unity Fund ($25,641), Auroville Unity Fund ($24,000), Auro Mira Service Society ($18,647).
| Recipient | Purpose | Amount |
|---|---|---|
| Auroville Unity Fund | Support for 2 PCG projects in Auroville (Building Completion of AV Language Lab, Educational Support Fund (ESF) ) - donation to Matrimandir and AV City Services BCC | $10,933 |
| Auroville Unity Fund | Support for 6 PCG projects in Auroville (It Matters Art Gallery, Integral Activities on Mother's Qualities, Joyful Learning Programme, Mantrimandir and I, Seeking Our Inner Being, Sports Teacher & Training) - donation to AV City Services BCC | $14,400 |
| Auroville Unity Fund | Auroville Cyclone Fengal Support | $24,000 |
| Auroville Unity Fund | 2023 PCG Projects paid out in 2024 | $25,641 |
| Auro Mira Service Society | Annual disbursal from Sapru Kohl Fund to support the Kechla school | $18,647 |
| Auro Mira Service Society in Kechla | Annual disbursal from Sapru Kohl Fund to support the Kechla school but actually for 2023 | $17,817 |
| Sri Aurobindo Delhi Ashram | 7 Day workshop @ Delhi Ashram for Teachers to implement new NEP Policy: Cost of Travel, Accomodation, Materials, etc. | $7,190 |
| Fundacion Auromira | Reprint of Book in Spanish on Integral Education | $1,914 |
| Matagiri Tremper, NY | "Awareness Through the Body in North America." | $3,019 |
| Matagiri Tremper, NY | Annual disbursal from Mickeys Fund to support Matagiri | $628 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW A NEEDHAM | President | 12 | — |
| SUSAN CURTISS | Secretary | 4 | — |
| CHAITANYA DATLA | Trustee | 4 | — |
| ANDREW KAY | Treasurer | 4 | — |
| NORBERT SCHUSTER | Trustee | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for World Education Inc?
Foundation for World Education Inc is a private foundation focused on Education, based in LOWELL, MA. It holds $2.9M in total assets as of 2024.
How large is Foundation for World Education Inc?
As of 2024, Foundation for World Education Inc holds $2.9M in total assets with $213K in annual revenue. It awarded 18 grants totaling $160K in 2024.
Where does Foundation for World Education Inc operate?
Foundation for World Education Inc has awarded grants in California, Colorado, Missouri, New York, Utah.
What size grants does Foundation for World Education Inc award?
In 2024, Foundation for World Education Inc awarded 18 grants totaling $160K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Foundation for World Education Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for World Education Inc reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation for World Education Inc's EIN?
Foundation for World Education Inc's EIN (Employer Identification Number) is 13-6169404. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for World Education Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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