Impacteous Foundationinc

Private foundation · Grantmaker Rockville, MD EIN: 27-3455354

Impacteous Foundationinc is a private foundation, based in Rockville, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 1 grant totaling $200K.

Key facts about Impacteous Foundationinc

In short: Impacteous Foundationinc gave $200K across 1 grant in 2024 (avg $200K), mostly in Alabama. Source: 2024 IRS Form 990-PF.

EIN
27-3455354
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$200,000
Grants made (2024)
1
Average grant
$200,000
Median grant
$200,000
Total assets
$3,350,540
Primary geography
Alabama (100% 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

$3.4M

+10.7% YoY

Annual Giving

$200K

+33.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$200K

+33.3% YoY

Under IRS private-foundation payout rules, Impacteous Foundationinc reported a distributable amount of $195K for 2024 — the minimum it must pay out in qualifying distributions.

How Impacteous Foundationinc gives

  • Giving fell 52% from 2021 to 2024. Method
  • In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). 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

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

AuburnPhiladelphiaRichmondSmithville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 3 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $50K (2022) to $415K (2021). In 2024 it made 1 grant totaling $200K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Tigers Unlimited Foundation: $200KTigers Unlimited Foundation$200K

The largest 2024 recipient was Tigers Unlimited Foundation ($200K).

Grant Size Distribution

7 grants across all recorded years

1<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 7 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Tigers Unlimited Foundation Auburn, ALThe tigers unlimited foundation provides support for auburn university intercollegiate athletics. The foundation supports extracurricular sports programs and activities including athletic scholarships, athletic program enhancements, athletic-related equipment purchases, and construction of athletic facilities.$200,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,350,540$3,025,963$3,210,715
Revenue$899,382$293,733$159,356
Expenses$209,086$159,480$52,454
Qualifying Distributions$200,000$150,000$50,000
Distributable Amount$194,956$199,244$205,023

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Impacteous Foundationinc is led by Sanjay Govil, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sanjay Govil

    President

    On filings since 2020

    No compensation reported

  • Vidya Govil

    Vice President

    On filings since 2020

    No compensation reported

  • Lakshmi N. Babu

    Secretary

    Treasurer → Secretary, 2023

    On filings since 2022

    No compensation reported

Former officers (1)
  • Former: Ashoka Tankala (2020–2021) — Secretary

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 Impacteous Foundationinc

How much does Impacteous Foundationinc give each year?

Impacteous Foundationinc gave $200K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $150K across 1 grant.

How large is Impacteous Foundationinc?

Impacteous Foundationinc reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $200K in qualifying distributions that year, against a required minimum of $195K (roughly 5% of its investment assets).

Where does Impacteous Foundationinc operate?

Impacteous Foundationinc has awarded grants in Alabama, Pennsylvania, Tennessee, Texas.

What is Impacteous Foundationinc's EIN?

Impacteous Foundationinc's EIN (Employer Identification Number) is 27-3455354. 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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