Koushik Foundation
Koushik Foundation is a private foundation, based in New Albany, OH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $412K in total assets. In 2025, it awarded 2 grants totaling $50K. Net investment income was $37K.
Koushik Foundation at a glance
In short: Koushik Foundation gave $50K across 2 grants in 2025 (avg $25K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $50,002
- -9.1% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $25,001
- -9.1% vs 2024
- Median grant
- $25,001
- Total assets
- $412,143
- -3.1% vs 2024
- Primary geography
- Illinois (60% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Koushik Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The Ohio State University Foundation-Athletics ($30K). Together the top 2 received $50K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Koushik Foundation gives
- Giving grew 105% from 2022 to 2025. Method
- In 2025 it paid out 254% of 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 2022 to 2025, annual grant giving ranged from $24K (2022) to $55K (2024). In 2025 it made 2 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Ohio State University Foundation-Athletics Chicago, IL | Charitable | $30,000 |
| Sri Ventkateswara Temple Delaware, OH | Temple | $20,002 |
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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 | $412,143 | $40,498 | $53,787 | $50,002 | 2 | $53,787 | $36,713 | $21,156 |
| 2024 | $425,432 | $29,907 | $58,647 | $55,000 | 2 | $58,647 | $26,260 | $21,231 |
| 2023 | $454,154 | $21,608 | $32,886 | $29,025 | 2 | $32,760 | $17,747 | $19,683 |
| 2022 | $465,362 | $18,910 | $33,163 | $24,435 | 4 | $24,435 | $10,182 | $21,205 |
| 2021 | $479,801 | $503,460 | $23,659 | — | — | — | $221,656 | — |
Under IRS private-foundation payout rules, Koushik Foundation reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Koushik Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sheena Patterson
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Shobha Koushik
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Shreya Koushik
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Srinivas Koushik
Trustee
On filings since 2021
2 hrs/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 Koushik Foundation
How much does Koushik Foundation give each year?
Koushik Foundation gave $50K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 2 grants.
How large is Koushik Foundation?
Koushik Foundation reported $412K in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
Where does Koushik Foundation operate?
Koushik Foundation has awarded grants in Colorado, Connecticut, Illinois, Ohio.
What is Koushik Foundation's EIN?
Koushik Foundation's EIN (Employer Identification Number) is 87-3015324. 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 25, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Koushik Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Koushik Foundation's focus areas in our free grants database
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