Kumar Foundation Inc
Kumar Foundation Inc is a private foundation focused on Human Services, based in Miami Beach, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 6 grants totaling $79K. Net investment income was $14K.
Kumar Foundation Inc at a glance
In short: Kumar Foundation Inc gave $79K across 6 grants in 2025 (avg $13K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $78,500
- +48.1% vs 2024
- Grants made (2025)
- 6
- +200.0% vs 2024
- Average grant
- $13,083
- -50.6% vs 2024
- Median grant
- $7,500
- Total assets
- $1,923,058
- -3.7% vs 2024
- Primary geography
- Ohio (64% 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 Kumar Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Mount Sinai Foundation ($50K). Together the top 5 received $68K.
Organizations only. It also paid 1 individual scholarship ($10,500), which are not listed by name.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 6 grants of 9 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Kumar Foundation Inc gives
- In 2025 it paid out 34% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2023 to 2025, annual grant giving ranged from $53K (2024) to $100K (2023). In 2025 it made 6 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Sinai Foundation Cleveland, OH | Scientific Reasearch | $50,000 |
| 1 individual scholarship Recipients not named | — | $10,500 |
| Tunnel to Tower Information Staten Island, NY | To Help Disabled Veterans | $10,000 |
| St Jude Childrens Research Hospital Memphis, TN | Lifesaving Research | $5,000 |
| Stimson M School for National Huntington Station, NY | Research | $2,000 |
| University of Miami Miami, FL | Scholarship Support for Student Pursuing Medical | $1,000 |
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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 | $1,923,058 | $14,245 | $88,992 | $78,500 | 6 | $78,500 | $14,245 | $228,719 |
| 2024 | $1,997,805 | $148,915 | $55,174 | $53,000 | 2 | $53,000 | $148,915 | $160,664 |
| 2023 | $1,904,064 | $2,004,064 | $100,000 | $100,000 | 1 | $100,000 | $99,501 | $65,776 |
| 2022 | $1 | $1 | — | — | — | — | — | — |
| 2021 | $1 | $1 | — | — | — | — | — | — |
Under IRS private-foundation payout rules, Kumar Foundation Inc reported a distributable amount of $229K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kumar Foundation Inc is led by Nita Kumar, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nita Kumar
President
On filings since 2021
1 hr/week
No compensation reported
Lisa Kumar
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Vinod Kumar
Secretary
On filings since 2023
1 hr/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 Kumar Foundation Inc
How much does Kumar Foundation Inc give each year?
Kumar Foundation Inc gave $79K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $53K across 2 grants.
What is Kumar Foundation Inc's typical grant size?
Kumar Foundation Inc's median grant in 2025 was $7,500, and its average grant was $13,083, across 6 grants on its 2025 IRS Form 990-PF.
Where does Kumar Foundation Inc give grants?
Kumar Foundation Inc gives mostly in Ohio: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (15%) and Florida (15%).
Does Kumar Foundation Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Kumar Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Kumar Foundation Inc's largest grantees?
Kumar Foundation Inc's largest 2025 grantees include Mount Sinai Foundation ($50,000), Tunnel to Tower Information ($10,000) and St Jude Childrens Research Hospital ($5,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($10,500), which are not listed by name. Together they received 83% of its itemized 2025 grant dollars.
How large is Kumar Foundation Inc?
Kumar Foundation Inc reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $79K in qualifying distributions that year, against a required minimum of $229K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Kumar Foundation Inc?
Kumar Foundation Inc is a private foundation focused on Human Services, based in Miami Beach, FL. It holds $1.9M in total assets as of 2025.
What is Kumar Foundation Inc's EIN?
Kumar Foundation Inc's EIN (Employer Identification Number) is 86-3883444. 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 24, 2026)
- IRS filings on file for fiscal years 2021–2024
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