Koushik Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $425K in total assets. In 2024, it awarded 2 grants totaling $55K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$425K
-6.3% YoY
Annual Giving
$55K
+89.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$28K
+89.5% YoY
Under IRS private-foundation payout rules, Koushik Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About Koushik Foundation
Based on IRS filings
Koushik Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $425K in total assets. In 2024, it awarded 2 grants totaling $55K. Net investment income was $26K.
Focus Areas
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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 | $425,432 | $454,154 | $465,362 |
| Revenue | $29,907 | $21,608 | $18,910 |
| Expenses | $58,647 | $32,886 | $33,163 |
| Qualifying Distributions | $58,647 | $32,760 | $24,435 |
| Net Investment Income | $26,260 | $17,747 | $10,182 |
| Distributable Amount | $21,231 | $19,683 | $21,205 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Ohio State University Foundation-Athletics ($30,000), Sri Ventkateswara Temple ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The Ohio State University Foundation-Athletics Chicago, IL | Charitable | $30,000 |
| Sri Ventkateswara Temple Delaware, OH | Temple | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Shobha Koushik | Trustee | 2 | — |
| Srinivas Koushik | Trustee | 2 | — |
| Sheena Patterson | Trustee | 2 | — |
| Shreya Koushik | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Koushik Foundation?
Koushik Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ALBANY, OH. It holds $425K in total assets as of 2024.
How large is Koushik Foundation?
As of 2024, Koushik Foundation holds $425K in total assets with $30K in annual revenue. It awarded 2 grants totaling $55K in 2024.
Where does Koushik Foundation operate?
Koushik Foundation has awarded grants in Colorado, Connecticut, Illinois, Ohio.
What size grants does Koushik Foundation award?
In 2024, Koushik Foundation awarded 2 grants totaling $55K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Koushik Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Koushik Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Koushik 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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