Latika & Rajiv Jain Foundation
Latika & Rajiv Jain Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $17.5M in total assets. In 2025, it awarded 2 grants totaling $2.0M. Net investment income was $16.8M.
Latika & Rajiv Jain Foundation at a glance
In short: Latika & Rajiv Jain Foundation gave $2.0M across 2 grants in 2025 (avg $1.0M), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,025,000
- +2354.5% vs 2024
- Grants made (2025)
- 2
- -50.0% vs 2024
- Average grant
- $1,012,500
- +4809.1% vs 2024
- Median grant
- $1,012,500
- Total assets
- $17,514,936
- +202.0% vs 2024
- Primary geography
- California (100% 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 Latika & Rajiv Jain Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Sankara Eye Foundation USA ($2.0M). Together the top 2 received $2.0M.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 24 grants of 32 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Latika & Rajiv Jain Foundation gives
- Giving grew 187% from 2022 to 2025. Method
- In 2025 it paid out 291% of its IRS minimum distribution (the 5% rule). 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 2020 to 2025, annual grant giving ranged from $83K (2024) to $2.0M (2025). In 2025 it made 2 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sankara Eye Foundation USA Milpitas, CA | Akhand Jyoti hospital, Bihar, India | $2,000,000 |
| Akshaya Patra Foundation USA Fremont, CA | General & Unrestricted | $25,000 |
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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 | $17,514,936 | $13,783,079 | $2,067,798 | $2,025,000 | 2 | $2,065,833 | $16,769,921 | $709,087 |
| 2024 | $5,799,655 | $124,309 | $124,104 | $82,500 | 4 | $122,504 | $124,309 | $789,110 |
| 2023 | $5,799,450 | $111,633 | $1,172,332 | $1,131,501 | 6 | $1,170,721 | $111,633 | $682,219 |
| 2022 | $6,860,149 | $96,283 | $746,792 | $706,500 | 9 | $745,492 | $96,283 | $698,473 |
| 2021 | $7,484,657 | $77,728 | $738,963 | $676,001 | 11 | $716,723 | $77,728 | $732,565 |
| 2020 | $8,145,892 | $1,207,716 | $289,501 | $248,502 | 17 | — | $1,700,236 | $642,756 |
Under IRS private-foundation payout rules, Latika & Rajiv Jain Foundation reported a distributable amount of $709K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Latika & Rajiv Jain Foundation is led by Rajiv Jain, President, Director, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rajiv Jain
President, Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Latika Jain
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Latika & Rajiv Jain Foundation
How much does Latika & Rajiv Jain Foundation give each year?
Latika & Rajiv Jain Foundation gave $2.0M across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $83K across 4 grants.
How large is Latika & Rajiv Jain Foundation?
Latika & Rajiv Jain Foundation reported $17.5M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $709K (roughly 5% of its investment assets).
Where does Latika & Rajiv Jain Foundation operate?
Latika & Rajiv Jain Foundation has awarded grants in California, Florida, Maryland, New Jersey, New York, Oregon, Washington.
What is Latika & Rajiv Jain Foundation's EIN?
Latika & Rajiv Jain Foundation's EIN (Employer Identification Number) is 47-2378768. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 23, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Latika & Rajiv Jain Foundation's focus areas in our free grants database
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