Hemanth & Roopa Parasuram is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it awarded 19 grants totaling $67K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$89K
+18.0% YoY
Annual Giving
$67K
-5.7% YoY
Grant Count
19
+26.7% YoY
Avg Grant Size
$4K
-25.5% YoY
Under IRS private-foundation payout rules, Hemanth & Roopa Parasuram reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Hemanth & Roopa Parasuram
Based on IRS filings
Hemanth & Roopa Parasuram is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it awarded 19 grants totaling $67K. Net investment income was $4K.
Focus Areas
Ready to take the next step with Hemanth & Roopa Parasuram?
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 | $89,162 | $75,539 | $36,796 |
| Revenue | $95,059 | $139,237 | $26,277 |
| Expenses | $81,436 | $100,494 | $76,257 |
| Qualifying Distributions | $79,486 | $98,967 | $42,160 |
| Net Investment Income | $4,322 | $2,915 | $120 |
| Distributable Amount | $4,061 | $4,112 | $3,041 |
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
78 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Magellan International School ($31,603), Sourashtra Medical Camp ($12,063), Sourashtra Girls School ($10,926).
| Recipient | Purpose | Amount |
|---|---|---|
| MAGELLAN INTERNATIONAL SCHOOL AUSTIN, TX | HOLIDAY/ANNUAL/NOCE DE GALA | $31,603 |
| THE STANFORD UNIVERSITY FUND STANFORD, CA | ANNUAL GIFT | $5,000 |
| STATESMAN SEASON FOR CARING AUSTIN, TX | ANNUAL FUND | $1,000 |
| KUT PUBLIC MEDIA STUDIOS AUSTIN, TX | ANNUAL GIFT | $600 |
| CALM WATERS OKLAHOMA CITY, OK | ANNUAL GIFT | $1,545 |
| INDIEMEMEORG AUSTIN, TX | ANNUAL GIFT | $200 |
| SOURASHTRA ASSOCIATION SAN JOSE, CA | ANNUAL GIFT | $175 |
| SOURASHTRA MEDICAL CAMP AUSTIN, TX | MEDICAL SERVICES | $12,063 |
| SOURASHTRA GIRLS SCHOOL AUSTIN, TX | BREAKFAST PROGRAM/2 BUSES | $10,926 |
| SHALOM AUSTIN AUSTIN, TX | ANNUAL GIFT | $700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEMANTH PARASURAM | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hemanth & Roopa Parasuram?
Hemanth & Roopa Parasuram is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $89K in total assets as of 2024.
How large is Hemanth & Roopa Parasuram?
As of 2024, Hemanth & Roopa Parasuram holds $89K in total assets with $95K in annual revenue. It awarded 19 grants totaling $67K in 2024.
Where does Hemanth & Roopa Parasuram operate?
Hemanth & Roopa Parasuram has awarded grants in California, Georgia, Maryland, Michigan, New York, Oklahoma, Texas, Virginia.
What size grants does Hemanth & Roopa Parasuram award?
In 2024, Hemanth & Roopa Parasuram awarded 19 grants totaling $67K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Hemanth & Roopa Parasuram required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hemanth & Roopa Parasuram reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hemanth & Roopa Parasuram's EIN?
Hemanth & Roopa Parasuram's EIN (Employer Identification Number) is 20-5582215. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hemanth & Roopa Parasuram's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Hemanth & Roopa Parasuram 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 Hemanth & Roopa Parasuram to a real strategy.