Iworks Foundation Inc

Private foundation · Grantmaker Reston, VA EIN: 81-4566899

Iworks Foundation Inc is a private foundation based in Reston, Virginia. Its 2024 filing describes its direct charitable activity as philanthropic support and development in higher education; its reported 2024 grants also supported healthcare and community services.

Iworks Foundation Inc at a glance

In short: Iworks Foundation Inc gave $24K across 10 grants in 2024 (avg $2K), mostly in Virginia. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$23,820
+87.3% vs 2023
Grants made (2024)
10
+11.1% vs 2023
Average grant
$2,382
+68.6% vs 2023
Median grant
$1,060
Total assets
$705,841
+2.4% vs 2023
New grantees (estimate)
60% first-time grantees (6 of 10, 2024; small sample)
Primary geography
Virginia (53% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Iworks 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: 1889 Preston White Dr Ste 100, Reston, VA 20191
Phone: (703) 598-3761

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Iworks Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Jude Childrens Research Hospit: $10KSt Jude Childrens ResearchHospit$10KFetna: $5KFetna$5KOperation Uplift: $3KOperation Uplift$3KNdia: $2KNdia$2KIvy and Pearls of Southern Maryland: $1KIvy and Pearls of SouthernMaryland$1KWounded Warrior: $1KWounded Warrior$1KLiam: $750Liam$750Balagan Saraswathi Charitable Trust: $750Balagan Saraswathi CharitableTrust$750Non-profit: $400Non-profit$400Valluvan Tamil Academy: $300Valluvan Tamil Academy$300

The largest 2024 recipient was St Jude Childrens Research Hospit ($10K). Together the top 10 received $24K.

Grant Size Distribution

57 grants across all recorded years

56<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 56 grants of 57 (98%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went to recipients in Virginia (53%), New York (21%), Washington state (10%), Maryland (8%), and the District of Columbia (4%). Listed grants also included recipients in Delaware.

Grant Distribution by State

15states

Share of 2024 grant dollars across all 10 itemized grants.

Cities

WashingtonFairfaxHerndonArlingtonMemphisAshburnCheyneyLeesburgPort AngelesAlexandriaAnnandaleBeltsvilleBooneBostonChicagoColorado SpringsCoppellExtonFalls ChurchFrederick

Is Iworks Foundation Inc open to new grantees?

60%

first-time grantees, 2024

In 2024, 6 of 10 grantees (60%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $2K; repeat grants $3K. How we count

Medians: $750 first-time, $2K repeat.

  • 30% of 2024 grantees were also funded in 2023. Method
  • Giving fell 63% from 2021 to 2024. Method
  • In 2024 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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

$0$20K$40K$60K$80K26 grants2020 6 grants2021 6 grants2022 9 grants2023 10 grants2024

From 2020 to 2024, annual grant giving ranged from $13K (2023) to $64K (2021). In 2024 it made 10 grants totaling $24K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Jude Childrens Research Hospit Arlington, VASupport for Healthcare Programs$10,000
Fetna Saint James, NYCommunity Support Services$5,000
Operation Uplift Port Angeles, WACommunity Support Service$2,500
Ndia Arlington, VACommunity Service$2,000
Ivy and Pearls of Southern Maryland Suitland, MDCommunity Support Services$1,090
Wounded Warrior Washington, DCCommunity Support Services$1,030
Liam Wilmington, DEHealth Care$750
Balagan Saraswathi Charitable Trust Beltsville, MDhigher education$750
Non-profit Herndon, VACommunity Support Services$400
Valluvan Tamil Academy Herndon, VACommunity Support Services$300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$705,841$40,282$23,972$23,82010$23,820$30,130$33,942
2023$689,531$18,088$12,772$12,7179$12,772—$34,344
2022$684,214$2,929$44,817$44,4536$364—$35,260
2021$726,167$61,092$64,572$64,3116$64,522—$35,873
2020$730,605$2,125$15,717$15,55026——$36,319

Under IRS private-foundation payout rules, Iworks Foundation Inc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s 2024 filing describes its direct charitable activity as “philanthropic support and the development in higher education.” Its grants show support for organizations and causes including healthcare, community services, and higher education. Valluvan Tamil Academy, which received a grant, says it teaches Tamil to children in the community and organizes cultural and educational activities.

Grantmaking

In 2024, the foundation gave 10 grants totaling $23,820. Grant amounts ranged from $300 to $10,000, with a median of $1,060. Notable grants included $10,000 to St Jude Childrens Research Hospit for healthcare programs, $5,000 to FETNA for community support services, $2,500 to OPERATION UPLIFT for community support service, and $2,000 to NDIA for community service. Other listed recipients included Ivy and Pearls of Southern Maryland ($1,090), WOUNDED WARRIOR ($1,030), Liam ($750), Balagan Saraswathi Charitable Trust ($750), Non-profit ($400), and Valluvan Tamil Academy ($300).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jothi Radhakrishnan as president, Kumar Gnanamurthy as treasurer, and Kathamuthu Rajendran as secretary.

Iworks Foundation Inc is led by Jothi Radhakrishnan, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jothi Radhakrishnan

    President

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Kathamuthu Rajendran

    Secretary

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Kumar Gnanamurthy

    Treasurer

    On filings since 2020

    3 hrs/week

    No compensation reported

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 Iworks Foundation Inc

How much does Iworks Foundation Inc give each year?

Iworks Foundation Inc gave $24K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 9 grants.

What is Iworks Foundation Inc's typical grant size?

Iworks Foundation Inc's median grant in 2024 was $1,060, and its average grant was $2,382, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Iworks Foundation Inc that year got $2K on average.

Where does Iworks Foundation Inc give grants?

Iworks Foundation Inc gives mostly in Virginia: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (21%) and Washington (10%). The most frequent recipient cities were Arlington, VA (2 grants) and Herndon, VA (2 grants).

Does Iworks Foundation Inc give general operating support?

Not in 2024: none of the 10 grants with a stated purpose on Iworks Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Support Services" (5 grants).

Who are Iworks Foundation Inc's largest grantees?

Iworks Foundation Inc's largest 2024 grantees include St Jude Childrens Research Hospit ($10,000), Fetna ($5,000) and Operation Uplift ($2,500), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.

How large is Iworks Foundation Inc?

Iworks Foundation Inc reported $706K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Iworks Foundation Inc fund?

The foundation’s 2024 filing describes its direct charitable activity as “philanthropic support and the development in higher education.” Its grants show support for organizations and causes including healthcare, community services, and higher education. See mission & focus areas ↑

How do I apply for a grant from Iworks 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 Iworks Foundation Inc's EIN?

Iworks Foundation Inc's EIN (Employer Identification Number) is 81-4566899. IRS Form 990 filing data is available on this page for 2020–2024.

Does Iworks 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

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Iworks 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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