Indus Charitable Foundation Inc
Indus Charitable Foundation Inc is a private foundation based in New York, NY. In its 2025 filing, it reported 11 grants totaling $105,000 to charitable organizations, including organizations working in areas such as children and families, education, hunger relief, and international relations.
Indus Charitable Foundation Inc at a glance
In short: Indus Charitable Foundation Inc gave $105K across 11 grants in 2025 (avg $10K), mostly in New York. 27% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $105,000
- -1.1% vs 2024
- Grants made (2025)
- 11
- -60.7% vs 2024
- Average grant
- $9,545
- +151.8% vs 2024
- Median grant
- $10,000
- Total assets
- $1,357,891
- -4.0% vs 2024
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2025; small sample)
- Primary geography
- New York (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Indus Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1700 Broadway 39Th Floor, New York, NY 10019
Phone: (212) 212-2888
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Indus Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Harlem Children's Zone Inc ($25K). Together the top 10 received $103K.
Grant Size Distribution
147 grants across all recorded years
The most common grant size was under $50K: 146 grants of 147 (99%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in New York (50%), California (25%), Massachusetts (11%), Washington, DC (10%), and Georgia (5%).
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is Indus Charitable Foundation Inc open to new grantees?
27%
first-time grantees, 2025
In 2025, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $9K; repeat grants $10K. How we count
Medians: $10K first-time, $8K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- Giving grew 20% from 2022 to 2025. Method
- In 2025 it paid out 130% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $75K (2023) to $241K (2021). In 2025 it made 11 grants totaling $105K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harlem Children's Zone Inc New York, NY | Support Children and Families to End Generational Poverty. | $25,000 |
| Pure Earth New York, NY | General Support | $15,000 |
| Asian University for Women Cambridge, MA | Support for women to graduate and become skilled and innovative professionals in asia and throughout the world. | $12,000 |
| Association of Asian American Investment Managers (Aaaim) San Francisco, CA | General Support | $11,000 |
| The Asia Foundation San Francisco, CA | General Support | $10,000 |
| US Japan Council Washington, DC | General Support | $10,000 |
| New York Common Pantry Inc New York, NY | General Support | $5,000 |
| The Salvation Army Southern Territory Emergency Disaster Services Brookhaven, GA | General Support | $5,000 |
| U-Go Initiative Solana Beach, CA | General Support | $5,000 |
| Untermyer Gardens Conservancy Yonkers, NY | General Support | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,357,891 | $61,753 | $118,081 | $105,000 | 11 | $111,879 | $7,278 | $86,054 |
| 2024 | $1,414,219 | $21,163 | $140,420 | $106,160 | 28 | $116,590 | $9,530 | $78,481 |
| 2023 | $1,540,524 | $980,545 | $105,049 | $75,250 | 38 | $90,064 | $966,253 | $55,154 |
| 2022 | $657,980 | $54,815 | $101,833 | $87,200 | 31 | $93,366 | $49,878 | $76,389 |
| 2021 | $704,998 | $305,024 | $252,892 | $240,750 | 39 | $246,292 | $219,934 | $87,519 |
| 2020 | $652,866 | $134,014 | $130,979 | $113,750 | 44 | — | $108,722 | $72,477 |
Under IRS private-foundation payout rules, Indus Charitable Foundation Inc reported a distributable amount of $86K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. For example, Harlem Children’s Zone said its work is to support children and families to end generational poverty; Asian University for Women described its work as helping women graduate and become skilled and innovative professionals; and New York Common Pantry said it reduces hunger while promoting dignity, health, and self-sufficiency.
Other 2025 grantees described their work as strengthening U.S.-Japan relations through people-to-people connections (U.S.-Japan Council), addressing social and economic challenges in Asia and the Pacific (The Asia Foundation), providing tertiary-education scholarships to young women in low-income countries (U-Go Initiative), and revitalizing and maintaining a public garden in Yonkers (Untermyer Gardens Conservancy).
Grantmaking
In filing year 2025, the foundation gave 11 grants totaling $105,000. Grants ranged from $2,000 to $25,000, with a median of $10,000. Its largest grants included $25,000 to Harlem Children’s Zone, $15,000 to Pure Earth, $12,000 to Asian University for Women, and $11,000 to the Association of Asian American Investment Managers (AAAIM). Other grants included $10,000 each to The Asia Foundation and U.S.-Japan Council, and $5,000 each to New York Common Pantry, The Salvation Army Southern Territory Emergency Disaster Services, U-Go Initiative, and Untermyer Gardens Conservancy.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists James Shannon as director and president, Alona Strait as treasurer, and Saemee Hwang as secretary.
Indus Charitable Foundation Inc is led by James Shannon, Director & President since 2025 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
James Shannon
Director & President
Director → Director & President, 2025
On filings since 2021
1 hr/week
No compensation reported
Saemee Hwang
Secretary
On filings since 2021
1 hr/week
No compensation reported
Alona Strait
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: James Weiner (2020–2024) — Treasurer
- Former: Matthew Sippel (2020–2021) — Director
- Former: Brian Guzman (2020) — Secretary
Data from IRS Form 990 filings, 2020–2025. "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 Indus Charitable Foundation Inc
How much does Indus Charitable Foundation Inc give each year?
Indus Charitable Foundation Inc gave $105K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $106K across 28 grants.
What is Indus Charitable Foundation Inc's typical grant size?
Indus Charitable Foundation Inc's median grant in 2025 was $10,000, and its average grant was $9,545, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Indus Charitable Foundation Inc that year got $9K on average.
Where does Indus Charitable Foundation Inc give grants?
Indus Charitable Foundation Inc gives mostly in New York: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (25%) and Massachusetts (11%). The most frequent recipient cities were New York, NY (4 grants) and San Francisco, CA (2 grants).
Does Indus Charitable Foundation Inc give general operating support?
Yes: 82% of Indus Charitable Foundation Inc's 2025 grants with a stated purpose (9 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Indus Charitable Foundation Inc's largest grantees?
Indus Charitable Foundation Inc's largest 2025 grantees include Harlem Children's Zone Inc ($25,000), Pure Earth ($15,000) and Asian University for Women ($12,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is Indus Charitable Foundation Inc?
Indus Charitable Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $112K in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets).
What does Indus Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Indus Charitable Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Indus Charitable Foundation Inc's EIN?
Indus Charitable Foundation Inc's EIN (Employer Identification Number) is 26-1496848. IRS Form 990 filing data is available on this page for 2020–2025.
Does Indus Charitable Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 25, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
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Cite this profile
Grantable. (2026). Indus Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/indus-charitable-foundation-inc-morg_8ba7fca45aef43f78e08d9b239f2e0c8
BibTeX
@misc{grantable_261496848_2026,
author = {{Grantable}},
title = {{Indus Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/indus-charitable-foundation-inc-morg_8ba7fca45aef43f78e08d9b239f2e0c8},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Indus Charitable Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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