Indus Foundation of Utah
Indus Foundation of Utah is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. In 2025, it made $36 in qualifying distributions.
Indus Foundation of Utah at a glance
- Qualifying distributions (2025)
- $36
- -99.9% vs 2024
- Expenses (2025)
- $38
- -99.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Indus Foundation of Utah funds
How this funder distributes its grants
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 14 grants of 16 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Indus Foundation of Utah gives
- Giving fell 75% from 2021 to 2024. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $5K (2023) to $228K (2021). In 2024 it made 5 grants totaling $57K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Afef Inc New York, NY | General & Unrestricted | $20,000 |
| Utah State University Logan, UT | USU Educational opportunity scholarship fund for 5 students | $18,000 |
| University of Utah Salt Lake City, UT | First Ascent Scholars program at the David Eccles School of Business | $15,000 |
| English Skills Learning Center Salt Lake City, UT | General & Unrestricted | $3,000 |
| Helo Incorporated Wethersfield, CT | General & Unrestricted | $1,260 |
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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 | — | — | $38 | — | — | $36 | — | $1 |
| 2024 | $38 | $37,135 | $65,271 | $57,260 | 5 | $65,271 | $35 | $320 |
| 2023 | $28,174 | $25,117 | $12,878 | $5,000 | 1 | $12,878 | $117 | $854 |
| 2021 | $57,590 | $50,442 | $242,852 | $227,579 | 10 | $241,952 | $146,824 | $6,939 |
Under IRS private-foundation payout rules, Indus Foundation of Utah reported a distributable amount of $1 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Indus Foundation of Utah is led by Ajay Krishnan, Co- President & Director on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ajay Krishnan
Co- President & Director
On filings since 2021
1 hr/week
No compensation reported
Shailaja Akkapeddi
Co- President, Director, Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Foundation of Utah
Where does Indus Foundation of Utah operate?
Indus Foundation of Utah has awarded grants in Connecticut, New York, Texas, Utah.
How much is Indus Foundation of Utah required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Indus Foundation of Utah reported a distributable amount of $1 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Indus Foundation of Utah's EIN?
Indus Foundation of Utah's EIN (Employer Identification Number) is 85-3048732. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 20, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 27, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Indus Foundation of Utah funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Figures come from Indus Foundation of Utah'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.
Indus Foundation of Utah down — hundreds of funders to go?