Karandikar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHOENIX, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $749K in total assets. In 2024, it awarded 7 grants totaling $28K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$749K
+55.1% YoY
Annual Giving
$28K
+134.6% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$4K
+101.1% YoY
About Karandikar Foundation
Based on IRS filings
Karandikar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHOENIX, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $749K in total assets. In 2024, it awarded 7 grants totaling $28K. Net investment income was $10K.
Focus Areas
Ready to take the next step with Karandikar Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $748,648 | $482,545 | $304,029 |
| Revenue | $160,423 | $132,187 | $131,906 |
| Expenses | $30,897 | $13,147 | $12,088 |
| Qualifying Distributions | $28,450 | $12,125 | $10,663 |
| Net Investment Income | $9,684 | $19,614 | $2,045 |
| Distributable Amount | $28,369 | $17,685 | $10,236 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DILIP A KARANDIKAR | President Treasurer | 4 | — |
| DEEPALI D KARANDIKAR | VP Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Running River School Inc
SEDONA, AZ
Assets
—
Grants
0
Total Given
—
Revelation Wellness Foundation
PHOENIX, AZ
Assets
$1.3M
Grants
3
Total Given
$40K
Dennis Evans Charitable Foundation
SCOTTSDALE, AZ
Assets
$33K
Grants
4
Total Given
$4K
Along Side Ministries Inc
PHOENIX, AZ
Assets
$1.2M
Grants
1
Total Given
$6K
Arizona Western College Foundation
YUMA, AZ
Assets
$8.0M
Grants
1
Total Given
$25K
Sulphur Springs Valley Electric
WILLCOX, AZ
Assets
$5.7M
Grants
105
Total Given
$610K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Karandikar Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities