Gwen and Madan Kandula Foundation Inc
Gwen and Madan Kandula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELM GROVE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 2 grants totaling $91K. Net investment income was $138K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+71.5% YoY
Annual Giving
$91K
-5.0% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$45K
+42.6% YoY
Under IRS private-foundation payout rules, Gwen and Madan Kandula Foundation Inc reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.
About Gwen and Madan Kandula Foundation Inc
Based on IRS filings
Gwen and Madan Kandula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELM GROVE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 2 grants totaling $91K. Net investment income was $138K.
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 | $3,593,853 | $2,095,719 | $2,132,464 |
| Revenue | $3,173,186 | $86,571 | $57,502 |
| Expenses | $111,514 | $123,316 | $149,390 |
| Qualifying Distributions | $94,219 | $103,346 | $105,413 |
| Net Investment Income | $137,966 | $82,556 | $70,949 |
| Distributable Amount | $117,833 | $100,126 | $103,035 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pandas Networkorg - Pediatrics ($75,000), Women's Care Center ($15,748).
| Recipient | Purpose | Amount |
|---|---|---|
| WOMEN'S CARE CENTER MILWAUKEE, WI | TO PROVIDE COUNSELING, SUPPORT, AND EDUCATION FOR PREGNANT WOMEN | $15,748 |
| PANDAS NETWORKORG - PEDIATRICS MENLO PARK, CA | TO IMPROVE THE DIAGNOSIS AND TREATMENT OF CHILDREN WITH PANDAS (PEDIATRIC AUTOIMMUNE NEUROPSYCHIATRIC DISORDERS ASSOCIATED WITH STREPTOCOCCAL INFECTIONS) AND PANS (PEDIATRIC ACUTE-ONSET NEUROPSYCHIATRIC SYNDROME). | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MADAN KANDULA | PRESIDENT AND DIRECTOR | 0.5 | — |
| GWEN KANDULA | VP, SECRETARY, TREASURER & DIRECTOR | 0.5 | — |
| MIA KANDULA | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gwen and Madan Kandula Foundation Inc?
Gwen and Madan Kandula Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELM GROVE, WI. It holds $3.6M in total assets as of 2024.
How large is Gwen and Madan Kandula Foundation Inc?
As of 2024, Gwen and Madan Kandula Foundation Inc holds $3.6M in total assets with $3.2M in annual revenue. It awarded 2 grants totaling $91K in 2024.
Where does Gwen and Madan Kandula Foundation Inc operate?
Gwen and Madan Kandula Foundation Inc has awarded grants in California, Indiana, Louisiana, Massachusetts, Wisconsin.
What size grants does Gwen and Madan Kandula Foundation Inc award?
In 2024, Gwen and Madan Kandula Foundation Inc awarded 2 grants totaling $91K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Gwen and Madan Kandula Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gwen and Madan Kandula Foundation Inc reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gwen and Madan Kandula Foundation Inc's EIN?
Gwen and Madan Kandula Foundation Inc's EIN (Employer Identification Number) is 85-3618208. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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