Jain Foundation
Jain Foundation is a private foundation, based in SANTA CRUZ, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.7M in total assets. In 2024, it awarded 4 grants totaling $1.1M. Net investment income was $365K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
-7.1% YoY
Annual Giving
$1.1M
+293.0% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$266K
+96.5% YoY
Under IRS private-foundation payout rules, Jain Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About Jain Foundation
Based on IRS filings
Jain Foundation is a private foundation, based in SANTA CRUZ, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.7M in total assets. In 2024, it awarded 4 grants totaling $1.1M. Net investment income was $365K.
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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 | $9,691,743 | $10,432,119 | $10,120,362 |
| Revenue | $364,695 | $584,157 | $7,830,874 |
| Expenses | $1,101,957 | $272,400 | $84,525 |
| Qualifying Distributions | $1,065,000 | $271,000 | $14,500 |
| Net Investment Income | $364,695 | $584,157 | $5,071,423 |
| Distributable Amount | $1,131,003 | $554,298 | $292,513 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Digambar Jain Sangh of Northern Cal ($560,000), Jain Center of Northern California ($400,000), Sempervirens Fund ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Digambar Jain Sangh of Northern Cal Cupertino, CA | Construction of Temple | $560,000 |
| Jain Center of Northern California Milpitas, CA | Religious | $400,000 |
| Foundation for Excellence Sunnyvale, CA | Higher Education for unprivileged bright student | $5,000 |
| Sempervirens Fund Los Altos, CA | Conservation of Redwood Trees | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Navindra Jain | President | 2 | — |
| Madhu Jain | CFO | 0.5 | — |
| Nalini Jain | Secretary | 0.5 | — |
Frequently Asked Questions
How large is Jain Foundation?
As of 2024, Jain Foundation holds $9.7M in total assets with $365K in annual revenue. It awarded 4 grants totaling $1.1M in 2024.
Where does Jain Foundation operate?
Jain Foundation has awarded grants in California, Maryland.
What size grants does Jain Foundation award?
In 2024, Jain Foundation awarded 4 grants totaling $1.1M — an average of about $266K per grant, based on its IRS Form 990 filings.
How much is Jain Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jain Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jain Foundation's EIN?
Jain Foundation's EIN (Employer Identification Number) is 77-0261398. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jain Foundation'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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