Gwen and Madan Kandula Foundation Inc
Gwen and Madan Kandula Foundation Inc is a private foundation, 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.
Key facts about Gwen and Madan Kandula Foundation Inc
In short: Gwen and Madan Kandula Foundation Inc gave $91K across 2 grants in 2024 (avg $45K), mostly in California. Source: 2024 IRS Form 990-PF.
- EIN
- 85-3618208
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $90,748
- Grants made (2024)
- 2
- Average grant
- $45,374
- Median grant
- $45,374
- Total assets
- $3,593,853
- Primary geography
- California (83% 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
$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.
How Gwen and Madan Kandula Foundation Inc gives
- Giving grew 1034% from 2021 to 2024. Method
- In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of 2024 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $8K (2021) to $96K (2022). In 2024 it made 2 grants totaling $91K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Pandas Networkorg - Pediatrics ($75K). Together the top 2 received $91K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 7 grants of 10 (70%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| Women's Care Center Milwaukee, WI | To provide counseling, support, and education for pregnant women | $15,748 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Gwen and Madan Kandula Foundation Inc is led by Madan Kandula, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Madan Kandula
President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Gwen Kandula
Vice President, Secretary, Treasurer & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Mia Kandula
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Joseph Van Rooy (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Gwen and Madan Kandula Foundation Inc
How much does Gwen and Madan Kandula Foundation Inc give each year?
Gwen and Madan Kandula Foundation Inc gave $91K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95K across 3 grants.
How large is Gwen and Madan Kandula Foundation Inc?
Gwen and Madan Kandula Foundation Inc reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $94K in qualifying distributions that year, against a required minimum of $118K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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 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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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