Lakshan Foundation Inc
Lakshan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEACHTREE CORNERS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38.7M in total assets. In 2024, it awarded 5 grants totaling $2.2M. Net investment income was $1.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.7M
-0.2% YoY
Annual Giving
$2.2M
-6.4% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$442K
+12.4% YoY
Under IRS private-foundation payout rules, Lakshan Foundation Inc reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.
About Lakshan Foundation Inc
Based on IRS filings
Lakshan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEACHTREE CORNERS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38.7M in total assets. In 2024, it awarded 5 grants totaling $2.2M. Net investment income was $1.8M.
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 | $38,663,207 | $38,729,599 | $39,574,081 |
| Revenue | $1,943,519 | $1,669,985 | $782,497 |
| Expenses | $2,344,968 | $2,515,136 | $1,711,514 |
| Qualifying Distributions | $2,215,705 | $2,366,528 | $1,567,424 |
| Net Investment Income | $1,814,255 | $1,521,377 | $850,472 |
| Distributable Amount | $2,583,986 | $2,269,782 | $2,261,739 |
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
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Philanthropic Trust ($699,945), Atlanta Community Food Bank ($600,000), Emory University ($450,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ATLANTA COMMUNITY FOOD BANK ATLANTA, GA | 501(C)(3) SUPPORT | $600,000 |
| EMORY UNIVERSITY ATLANTA, GA | 501(C)(3) SUPPORT | $450,000 |
| IIT MADRAS FOUNDATION CUPERTINO, CA | 501(C)(3) SUPPORT | $450,000 |
| INDIA AMERICA CULTURAL ASSOCIATION SMYRNA, GA | 501(C)(3) SUPPORT | $10,000 |
| NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PA | 501(C)(3) SUPPORT | $699,945 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUBRAMONIAN SHANKAR | SECRETARY | 2 | — |
| LAKSHMI SHANKAR | SECRETARY | 0.5 | — |
| AMBIKA SHANKAR | SECRETARY | 0.5 | — |
| ANANTH SHANKAR | SECRETARY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lakshan Foundation Inc?
Lakshan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEACHTREE CORNERS, GA. It holds $38.7M in total assets as of 2024.
How large is Lakshan Foundation Inc?
As of 2024, Lakshan Foundation Inc holds $38.7M in total assets with $1.9M in annual revenue. It awarded 5 grants totaling $2.2M in 2024.
Where does Lakshan Foundation Inc operate?
Lakshan Foundation Inc has awarded grants in California, Georgia, Pennsylvania.
What size grants does Lakshan Foundation Inc award?
In 2024, Lakshan Foundation Inc awarded 5 grants totaling $2.2M — an average of about $442K per grant, based on its IRS Form 990 filings.
How much is Lakshan Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lakshan Foundation Inc reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lakshan Foundation Inc's EIN?
Lakshan Foundation Inc's EIN (Employer Identification Number) is 84-3298250. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lakshan Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.