Gandhi Charitable Foundation Inc
Gandhi Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 5 grants totaling $246K. Net investment income was $136K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+24.8% YoY
Annual Giving
$246K
+96.8% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$49K
+18.1% YoY
Under IRS private-foundation payout rules, Gandhi Charitable Foundation Inc reported a distributable amount of $126K for 2024 — the minimum it must pay out in qualifying distributions.
About Gandhi Charitable Foundation Inc
Based on IRS filings
Gandhi Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 5 grants totaling $246K. Net investment income was $136K.
Focus Areas
Ready to take the next step with Gandhi Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,689,750 | $2,155,570 | $2,009,250 |
| Revenue | $661,648 | $277,371 | $2,009,250 |
| Expenses | $262,165 | $131,051 | — |
| Qualifying Distributions | $246,019 | $125,010 | — |
| Net Investment Income | $135,502 | $165,442 | $9,606 |
| Distributable Amount | $125,586 | $101,222 | $57,683 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yogi Divine Society ($100,000), JAINA Federation of Jain Associations in North America ($65,000), Muni Seva Charitable Foundation USA Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Jain Society of Metropolitan Chicago Bartlett, IL | General Support | $21,018 |
| JAINA Federation of Jain Associations in North America Milpitas, CA | General Support | $65,000 |
| Muni Seva Charitable Foundation USA Inc Dayton, OH | General Support | $50,000 |
| Peace of Mind Yogic Center Round Rock, TX | General Support | $10,001 |
| Yogi Divine Society Waukegan, IL | General Support | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Manish Gandhi | Chairman | 1 | — |
| Shailja Gandhi | President | 1 | — |
| Eric Gandhi | Secretary | 1 | — |
| Monil Gandhi | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gandhi Charitable Foundation Inc?
Gandhi Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK, IL. It holds $2.7M in total assets as of 2024.
How large is Gandhi Charitable Foundation Inc?
As of 2024, Gandhi Charitable Foundation Inc holds $2.7M in total assets with $662K in annual revenue. It awarded 5 grants totaling $246K in 2024.
Where does Gandhi Charitable Foundation Inc operate?
Gandhi Charitable Foundation Inc has awarded grants in California, Illinois, Ohio, Texas.
What size grants does Gandhi Charitable Foundation Inc award?
In 2024, Gandhi Charitable Foundation Inc awarded 5 grants totaling $246K — an average of about $49K per grant, based on its IRS Form 990 filings.
How much is Gandhi Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gandhi Charitable Foundation Inc reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gandhi Charitable Foundation Inc's EIN?
Gandhi Charitable Foundation Inc's EIN (Employer Identification Number) is 87-3711130. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Gandhi Charitable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Parag and Dulari Doshi Foundation
S BARRINGTON, IL
Assets
$1.3M
Grants
8
Total Given
$62K
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
ROLLING MEADOWS, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
NORTHBROOK, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
CHICAGO, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
DEERFIELD, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
CHICAGO, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
CHICAGO, IL
Assets
—
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan
CHICAGO, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Polk Bros Foundation Inc
CHICAGO, IL
Assets
—
Grants
676
Total Given
$24.5M
Circle of Service Foundation
CHICAGO, IL
Assets
—
Grants
637
Total Given
$37.0M
Ea Mellinger Educational
MONMOUTH, IL
Assets
$23.3M
Grants
556
Total Given
$1.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Gandhi Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities