Kulkarni Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAVIS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $720K in total assets. In 2024, it awarded 5 grants totaling $40K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$720K
+0.1% YoY
Annual Giving
$40K
+233.3% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$8K
+33.3% YoY
Under IRS private-foundation payout rules, Kulkarni Foundation reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About Kulkarni Foundation
Based on IRS filings
Kulkarni Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAVIS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $720K in total assets. In 2024, it awarded 5 grants totaling $40K. Net investment income was $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $720,235 | $719,175 | $659,696 |
| Revenue | $45,072 | $76,014 | $260,465 |
| Expenses | $44,473 | $15,977 | $78,829 |
| Qualifying Distributions | $40,000 | $12,000 | $75,000 |
| Net Investment Income | $44,897 | $25,969 | $10,390 |
| Distributable Amount | $37,035 | $33,261 | $21,430 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shree Trust ($15,000), Konkani Chaitable Fund USA Inc ($10,000), University of Maryland ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Shree Trust | Contribution to support the expansion of a school building to accommodate an increase in the number of physically challenged students. | $15,000 |
| University of Maryland College Park, MD | Contribution to support the Endowed Award for McNair Scholars and the Summer Research Fellowship Graduate School at the University of Maryland. | $5,000 |
| University of Maryland College Park, MD | Contribution to create a second scholarship at the University of Maryland, called the Kulkarni Foundation Endowed Award for McNair Scholars that would award scholarships to McNair Scholars who are qualified PhD candidates requiring tuition support to finish their degree. | $5,000 |
| AshRa Charitable Fund Inc Redwood City, CA | Contribution to support the Youth 4 Jobs Charity in India. | $5,000 |
| Konkani Chaitable Fund USA Inc Fremont, CA | To fund and assist orphanages, old age homes, provide educational scholarships, organize health camps and food drives for needy and deserving Konkani brethren in India. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ashok Kulkarni | President | 1 | — |
| Ranjana Kulkarni | CFO | 1 | — |
| Vedant Kulkarni | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kulkarni Foundation?
Kulkarni Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAVIS, CA. It holds $720K in total assets as of 2024.
How large is Kulkarni Foundation?
As of 2024, Kulkarni Foundation holds $720K in total assets with $45K in annual revenue. It awarded 5 grants totaling $40K in 2024.
Where does Kulkarni Foundation operate?
Kulkarni Foundation has awarded grants in California, Hawaii, Maryland.
What size grants does Kulkarni Foundation award?
In 2024, Kulkarni Foundation awarded 5 grants totaling $40K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Kulkarni Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kulkarni Foundation reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kulkarni Foundation's EIN?
Kulkarni Foundation's EIN (Employer Identification Number) is 77-0527357. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kulkarni 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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