Madavi and Gaugarin Oliver Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 46-1551696
EducationReligionHuman services

Madavi and Gaugarin Oliver Foundation is a private foundation focused on Education, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $281K in total assets. In 2025, it awarded 6 grants totaling $22K. Net investment income was $25K.

Key facts about Madavi and Gaugarin Oliver Foundation

In short: Madavi and Gaugarin Oliver Foundation gave $22K across 6 grants in 2025 (avg $4K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
46-1551696
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$21,750
Grants made (2025)
6
Average grant
$3,625
Median grant
$3,000
Total assets
$281,148
Primary geography
Massachusetts (98% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$281K

-1.5% YoY

Annual Giving

$22K

-44.9% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$4K

-44.9% YoY

Under IRS private-foundation payout rules, Madavi and Gaugarin Oliver Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How Madavi and Gaugarin Oliver Foundation gives

  • Giving fell 43% from 2022 to 2025. Method
  • In 2025 it paid out 183% 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

7states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

BoxboroughBurlingtonCanoga ParkHoustonLittletonN ChelmsfordRoslindaleShrewsburyBostonBurr RidgeConcordDedhamFremontWoburnArlingtonAshlandCambridgeFraminghamGreen LakeHerndon

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K11 grants2019 4 grants2020 9 grants2021 7 grants2022 7 grants2023 6 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $5K (2020) to $40K (2024). In 2025 it made 6 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Desai Foundation: $10KDesai Foundation$10KBrooke School Foundation: $5KBrooke School Foundation$5KChurch of South India Congregation of New England: $5KChurch of South IndiaCongregation of New England$5KThree Squares New England: $1KThree Squares New England$1KFriends of Freeland Foundation: $500Friends of Freeland Foundation$500Artspace Inc: $250Artspace Inc$250

The largest 2025 recipient was Desai Foundation ($10K). Together the top 6 received $22K.

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 35 grants of 35 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Desai Foundation Woburn, MAGeneral & Unrestricted$10,000
Brooke School Foundation Roslindale, MAGeneral & Unrestricted$5,000
Church of South India Congregation of New England Boxborough, MAGeneral & Unrestricted$5,000
Three Squares New England Dedham, MAGeneral & Unrestricted$1,000
Friends of Freeland Foundation Green Lake, WIGeneral & Unrestricted$500
Artspace Inc Maynard, MAGeneral & Unrestricted$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$281,148$285,429$313,423
Revenue$27,038$21,373$14,978
Expenses$31,319$49,367$33,135
Qualifying Distributions$28,521$46,106$29,775
Net Investment Income$24,540$18,276$11,810
Distributable Amount$15,587$15,740$15,981

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 5, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 5, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 21, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Madavi and Gaugarin Oliver Foundation is led by Gaugarin Oliver, President, Director & Secretary on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gaugarin Oliver

    President, Director & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Madavi Oliver

    Director & Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Madavi and Gaugarin Oliver Foundation

How much does Madavi and Gaugarin Oliver Foundation give each year?

Madavi and Gaugarin Oliver Foundation gave $22K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 6 grants.

What is Madavi and Gaugarin Oliver Foundation's typical grant size?

Madavi and Gaugarin Oliver Foundation's median grant in 2025 was $3,000, and its average grant was $3,625, across 6 grants on its 2025 IRS Form 990-PF.

Where does Madavi and Gaugarin Oliver Foundation give grants?

Madavi and Gaugarin Oliver Foundation gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Madavi and Gaugarin Oliver Foundation give general operating support?

Yes: 100% of Madavi and Gaugarin Oliver Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Madavi and Gaugarin Oliver Foundation's largest grantees?

Madavi and Gaugarin Oliver Foundation's largest 2025 grantees include Desai Foundation ($10,000), Brooke School Foundation ($5,000) and Church of South India Congregation of New England ($5,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.

How large is Madavi and Gaugarin Oliver Foundation?

Madavi and Gaugarin Oliver Foundation reported $281K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is Madavi and Gaugarin Oliver Foundation?

Madavi and Gaugarin Oliver Foundation is a private foundation focused on Education, based in Wilmington, DE. It holds $281K in total assets as of 2025.

What is Madavi and Gaugarin Oliver Foundation's EIN?

Madavi and Gaugarin Oliver Foundation's EIN (Employer Identification Number) is 46-1551696. IRS Form 990 filing data is available on this page for 2019–2025.

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

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