Krishnamurthy Tandon Foundation Inc
The Krishnamurthy Tandon Foundation Inc is a private grantmaking foundation established in 2004 and based in New York, NY. The foundation operates as a 501(c)(3) organization with a focus on supporting organizations in education, the arts, community building, and spirituality. The foundation does not maintain a public website or accept unsolicited grant applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$166.5M
+4.3% YoY
Annual Giving
$312K
-59.8% YoY
Grant Count
19
-9.5% YoY
Avg Grant Size
$16K
-55.6% YoY
Mission & Focus Areas
The foundation's mission is to "elevate human happiness through economic and emotional empowerment."
Primary funding areas include:
- Education — particularly higher education institutions
- Arts and Music — including performing arts and music programs
- Community Building — organizations serving community development
- Spirituality and Wellness — Hindu religious organizations and wellness initiatives
- Indian-American Community — organizations serving the Indian-American diaspora
- Soul Chants Music — partnerships with organizations using the transformative power of music to empower individuals and sustain underprivileged musicians
Grantmaking
In 2024, the foundation made 13 grants totaling $2,223,381 in expenses. Recent grantees include:
Grant Range
s:**
Average Grant
amount varies by year
Invitation Only
** The foundation operates on an invitation-only basis and does not accept unsolicited proposals. All grants are made through trustee selection.
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Geographic Focus
Where this funder awards grants
The foundation focuses on:
- National: Primarily New York, with additional activity in Pennsylvania and California
- International: Primarily India
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $166,539,982
- Total Revenues: $9,086,107
- Total Expenses: $2,223,381
- Number of Employees: 0
As of 2023:
- Total Assets: $159,625,670
- Total Revenues: $35,050,231
- Total Expenses: $7,209,684
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $166,539,982 | $159,625,670 | $131,807,548 |
| Revenue | $9,086,107 | $35,050,231 | $14,180,903 |
| Expenses | $2,223,381 | $7,209,684 | $3,983,229 |
| Qualifying Distributions | $328,364 | $792,620 | $1,561,208 |
| Net Investment Income | $8,618,424 | $30,015,692 | $13,937,170 |
| Distributable Amount | $8,259,431 | $7,213,075 | $7,381,393 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Chandrika Krishnamurthy Tandon — Director and co-founder; former McKinsey partner, Grammy-winning musician, and Chair of the NYU Tandon Board
- Ranjan Tandon — Director and co-founder
- Lita Tandon — Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHANDRIKA TANDON | DIRECTOR | — | — |
| RANJAN TANDON | DIRECTOR | — | — |
| LITA TANDON | DIRECTOR | — | — |
| DEVEN SHARMA | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The Tandons have made significant philanthropic commitments beyond the foundation's grantmaking:
**NYU Tandon School of Engineering:** In 2015, Chandrika and Ranjan Tandon made a $100 million gift to NYU Polytechnic School of Engineering (now NYU Tandon School of Engineering), believed to be the largest philanthropic gift by an Indian-American at the time.
IIMA, Tandons Launch Krishnamurthy Tandon AI School**Krishnamurthy Tandon School of Artificial Intelligence at IIM Ahmedabad:** The Tandons funded an $11 million AI school at the Indian Institute of Management Ahmedabad, with a 100 crore rupee endowment, supporting the development of artificial intelligence education in India.
IIMA, Tandons Launch Krishnamurthy Tandon AI SchoolThe couple also operates the separate Tandon Family Foundation Inc., which has awarded nearly $6.9 million in grants in peak years.
Philanthropists Chandrika And Ranjan Tandon Fund $11 Million AI School AtSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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