Indus Charitable Foundation Inc
Indus Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 28 grants totaling $106K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-8.2% YoY
Annual Giving
$106K
+41.1% YoY
Grant Count
28
-26.3% YoY
Avg Grant Size
$4K
+91.5% YoY
Under IRS private-foundation payout rules, Indus Charitable Foundation Inc reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
About Indus Charitable Foundation Inc
Based on IRS filings
Indus Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 28 grants totaling $106K. Net investment income was $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,414,219 | $1,540,524 | $657,980 |
| Revenue | $21,163 | $980,545 | $54,815 |
| Expenses | $140,420 | $105,049 | $101,833 |
| Qualifying Distributions | $116,590 | $90,064 | $93,366 |
| Net Investment Income | $9,530 | $966,253 | $49,878 |
| Distributable Amount | $78,481 | $55,154 | $76,389 |
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
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harlem Children's Zone ($25,000), Pure Earth ($15,000), The Asia Foundation ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Harlem Children's Zone New York, NY | Support children and families to end generational poverty. | $25,000 |
| Big Brothers Big Sisters of NYC New York, NY | To empower youth in NYC by offering variety of mentoring programs. | $11,280 |
| Asian University for Women Cambridge, MA | Support for women to graduate and become skilled and innovative professionals in Asia and throughout the world. | $10,000 |
| Pure Earth New York, NY | General Support | $15,000 |
| Asian American Invest Managers (AAAIM) San Francisco, CA | General Support | $10,000 |
| First Presbyterian Church of Matawan Matawan, NJ | GENERAL SUPPORT | $1,180 |
| Alameda County Food Bank Oakland, CA | GENERAL SUPPORT | $100 |
| Marine Mammal Center Sausalito, CA | GENERAL SUPPORT | $100 |
| Muttville Senior Dog Rescue San Francisco, CA | GENERAL SUPPORT | $100 |
| Operation Smile Virginia Beach, VA | GENERAL SUPPORT | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES WEINER | TREASURER | 1 | — |
| Saemee Hwang | Secretary | 1 | — |
| James Shannon | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Indus Charitable Foundation Inc?
Indus Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $1.4M in total assets as of 2024.
How large is Indus Charitable Foundation Inc?
As of 2024, Indus Charitable Foundation Inc holds $1.4M in total assets with $21K in annual revenue. It awarded 28 grants totaling $106K in 2024.
Where does Indus Charitable Foundation Inc operate?
Indus Charitable Foundation Inc has awarded grants in Arizona, California, Connecticut, District of Columbia, Iowa, Illinois, Massachusetts, New Jersey, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, Vermont, Washington, West Virginia.
What size grants does Indus Charitable Foundation Inc award?
In 2024, Indus Charitable Foundation Inc awarded 28 grants totaling $106K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Indus Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Indus Charitable Foundation Inc reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Indus Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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