Kusum Jayesh Aseem Seva Charitable Foundation Inc

Private foundation · Grantmaker Cupertino, CA EIN: 22-3696326

Kusum Jayesh Aseem Seva Charitable Foundation Inc is a private foundation, based in Cupertino, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 9 grants totaling $50K. Net investment income was $70K.

Key facts about Kusum Jayesh Aseem Seva Charitable Foundation Inc

In short: Kusum Jayesh Aseem Seva Charitable Foundation Inc gave $50K across 9 grants in 2024 (avg $6K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
22-3696326
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$49,502
Grants made (2024)
9
Average grant
$5,500
Median grant
$2,500
Total assets
$1,520,769
Primary geography
California (73% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-7.0% YoY

Annual Giving

$50K

-25.5% YoY

Grant Count

9

-30.8% YoY

Avg Grant Size

$6K

+7.5% YoY

Under IRS private-foundation payout rules, Kusum Jayesh Aseem Seva Charitable Foundation Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

How Kusum Jayesh Aseem Seva Charitable Foundation Inc gives

  • Giving grew 667% from 2021 to 2024. Method
  • In 2024 it paid out 589% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

New YorkSan JoseEssex FellsMilpitasBlairstownRochelle ParkSaratogaCedar GroveParamusSan FranciscoCanoga ParkDaytonDowneyGlen RockGreenwood VillageHoustonIrvineMarltonMemphisMontvale

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K11 grants2020 6 grants2021 10 grants2022 13 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $6K (2021) to $76K (2022). In 2024 it made 9 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Sankara Eye Foundation: $20KSankara Eye Foundation$20KColumbia University: $11KColumbia University$11KArihanta Institute: $5KArihanta Institute$5KCommunity Seva Inc: $5KCommunity Seva Inc$5KListin Foundation Inc: $3KListin Foundation Inc$3KNarkar Health Foundation: $3KNarkar Health Foundation$3KHi 5 Youth Foundation: $2KHi 5 Youth Foundation$2KDevelopment in Literacy: $1KDevelopment in Literacy$1KIndia Community Center: $1KIndia Community Center$1K

The largest 2024 recipient was Sankara Eye Foundation ($20K). Together the top 9 received $50K.

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 49 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sankara Eye Foundation Milpitas, CACharitable Purpose$20,000
Columbia University New York, NYCharitable Purpose$11,000
Arihanta Institute San Jose, CACharitable Purpose$5,001
Community Seva Inc San Jose, CACharitable Purpose$5,000
Listin Foundation Inc Greenwood Village, COCharitable Purpose$2,500
Narkar Health Foundation Downey, CACharitable Purpose$2,500
Hi 5 Youth Foundation Saratoga, CACharitable Purpose$1,500
Development in Literacy Irvine, CACharitable Purpose$1,001
India Community Center Milpitas, CACharitable Purpose$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,520,769$1,635,343$247,602
Revenue$-63,763$1,457,478$22,049
Expenses$50,811$69,737$75,980
Qualifying Distributions$49,502$66,486$75,783
Net Investment Income$70,063$37,714$22,049
Distributable Amount$8,409$10,286$13,075

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Kusum Jayesh Aseem Seva Charitable Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Vimal Solanki

    Chief Financ

    Treasurer → Chief Financ, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sonal Solanki

    Treasurer

    On filings since 2022

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Rita Bhavsar (2020–2021) — Treasurer
  • Former: Kusum Shah (2020) — President

Data from IRS Form 990 filings, 2020–2024. "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 Kusum Jayesh Aseem Seva Charitable Foundation Inc

How much does Kusum Jayesh Aseem Seva Charitable Foundation Inc give each year?

Kusum Jayesh Aseem Seva Charitable Foundation Inc gave $50K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $66K across 13 grants.

What is Kusum Jayesh Aseem Seva Charitable Foundation Inc's typical grant size?

Kusum Jayesh Aseem Seva Charitable Foundation Inc's median grant in 2024 was $2,500, and its average grant was $5,500, across 9 grants on its 2024 IRS Form 990-PF.

Where does Kusum Jayesh Aseem Seva Charitable Foundation Inc give grants?

Kusum Jayesh Aseem Seva Charitable Foundation Inc gives mostly in California: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (22%) and Colorado (5%). The most frequent recipient cities were Milpitas, CA (2 grants) and San Jose, CA (2 grants).

Who are Kusum Jayesh Aseem Seva Charitable Foundation Inc's largest grantees?

Kusum Jayesh Aseem Seva Charitable Foundation Inc's largest 2024 grantees include Sankara Eye Foundation ($20,000), Columbia University ($11,000) and Arihanta Institute ($5,001), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.

How large is Kusum Jayesh Aseem Seva Charitable Foundation Inc?

Kusum Jayesh Aseem Seva Charitable Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What is Kusum Jayesh Aseem Seva Charitable Foundation Inc's EIN?

Kusum Jayesh Aseem Seva Charitable Foundation Inc's EIN (Employer Identification Number) is 22-3696326. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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