Kalvi Foundation Inc

Private foundation · Grantmaker Saratoga, CA EIN: 77-0571224

Kalvi Foundation Inc is a private foundation, based in Saratoga, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $762K in total assets. In 2024, it awarded 8 grants totaling $41K.

Kalvi Foundation Inc at a glance

In short: Kalvi Foundation Inc gave $41K across 8 grants in 2024 (avg $5K), top state Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$40,750
+13.2% vs 2023
Grants made (2024)
8
+60.0% vs 2023
Average grant
$5,094
-29.3% vs 2023
Median grant
$5,000
Total assets
$762,470
+4.2% vs 2023
Primary geography
Massachusetts (39% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Kalvi Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

33 grants across all recorded years

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 33 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

AthertonBelmontCollege ParkCovinaCupertinoHoustonMilpitasMiltonPlanoSanta ClaraStonehamSunnyvale

How Kalvi Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+2%). 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

$0$20K$40K$60K7 grants2020 6 grants2021 7 grants2022 5 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $36K (2023) to $43K (2022). In 2024 it made 8 grants totaling $41K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
8 grants to individuals Recipients not named —$40,750
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2024$762,470$41,591$41,949$40,7508$40,750
2023$731,438$9,604$36,000$36,0005$36,000
2022$683,389$-119,147$43,000$43,0007$43,000
2021$845,536$123,468$40,000$40,0006$40,000
2020$762,068$29,329$39,000$39,0007—

Leadership & Key People

Officers and directors from IRS filings

Kalvi Foundation Inc is led by Alanghat G. Karunakaran, CEO on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alanghat G. Karunakaran

    CEO

    On filings since 2020

    1 hr/week

    No compensation reported

  • Shanti Subramanyam

    Secretary

    On filings since 2020

    0.5 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 Kalvi Foundation Inc

How much does Kalvi Foundation Inc give each year?

Kalvi Foundation Inc gave $41K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 5 grants.

What is Kalvi Foundation Inc's typical grant size?

Kalvi Foundation Inc's median grant in 2024 was $5,000, and its average grant was $5,094, across 8 grants on its 2024 IRS Form 990-PF.

Where does Kalvi Foundation Inc give grants?

Kalvi Foundation Inc's top state is Massachusetts, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (29%) and Texas (25%).

Does Kalvi Foundation Inc give general operating support?

Yes: 38% of Kalvi Foundation Inc's 2024 grants with a stated purpose (3 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Kalvi Foundation Inc?

Kalvi Foundation Inc reported $762K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $42K.

What is Kalvi Foundation Inc's EIN?

Kalvi Foundation Inc's EIN (Employer Identification Number) is 77-0571224. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. 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 Kalvi 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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