Gupta Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRIMES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $100K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-16.6% YoY
Annual Giving
$100K
-13.8% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$33K
+43.7% YoY
Under IRS private-foundation payout rules, Gupta Family Foundation reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.
About Gupta Family Foundation
Based on IRS filings
Gupta Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRIMES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $100K. Net investment income was $36K.
Focus Areas
Ready to take the next step with Gupta Family Foundation?
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 | $2,197,992 | $2,635,796 | $2,618,914 |
| Revenue | $-262,015 | $69,586 | $5,622 |
| Expenses | $109,038 | $120,819 | $63,062 |
| Qualifying Distributions | $107,711 | $116,000 | $40,000 |
| Net Investment Income | $35,996 | $9,809 | $4,725 |
| Distributable Amount | $137,926 | $120,412 | $115,723 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cultureall Inc ($50,000), Indian Heritage and Cultural Center ($40,000), Hindu Temple and Culture Center ($10,001).
| Recipient | Purpose | Amount |
|---|---|---|
| CULTUREALL INC URBANDALE, IA | GENERAL | $50,000 |
| HINDU TEMPLE AND CULTURE CENTER GRANGER, IA | GENERAL | $10,001 |
| INDIAN HERITAGE AND CULTURAL CENTER MADRID, IA | GENERAL | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ATUL GUPTA | PRESIDENT | — | — |
| SHERRY GUPTA | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gupta Family Foundation?
Gupta Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRIMES, IA. It holds $2.2M in total assets as of 2024.
How large is Gupta Family Foundation?
As of 2024, Gupta Family Foundation holds $2.2M in total assets with $-262,015 in annual revenue. It awarded 3 grants totaling $100K in 2024.
Where does Gupta Family Foundation operate?
Gupta Family Foundation has awarded grants in California, Iowa, Massachusetts, Maryland, Texas.
What size grants does Gupta Family Foundation award?
In 2024, Gupta Family Foundation awarded 3 grants totaling $100K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Gupta Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gupta Family Foundation reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gupta Family Foundation's EIN?
Gupta Family Foundation's EIN (Employer Identification Number) is 82-3685372. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gupta Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Daniel J & Ann L Krumm Charitable Trus
AMES, IA
Assets
—
Grants
21
Total Given
$228K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
Change Happens Foundation
URBANDALE, IA
Assets
$17.8M
Grants
12
Total Given
$255K
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Gupta Family Foundation 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
Go from researching Gupta Family Foundation to a real strategy.