Madavi and Gaugarin Oliver Foundation
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.
Ready to take the next step with Madavi and Gaugarin Oliver Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Desai Foundation ($10K). Together the top 6 received $22K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Desai Foundation Woburn, MA | General & Unrestricted | $10,000 |
| Brooke School Foundation Roslindale, MA | General & Unrestricted | $5,000 |
| Church of South India Congregation of New England Boxborough, MA | General & Unrestricted | $5,000 |
| Three Squares New England Dedham, MA | General & Unrestricted | $1,000 |
| Friends of Freeland Foundation Green Lake, WI | General & Unrestricted | $500 |
| Artspace Inc Maynard, MA | General & Unrestricted | $250 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 21, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- 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.
Here's the math on researching Madavi and Gaugarin Oliver Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Madavi and Gaugarin Oliver Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Boston Foundation Inc
Boston, MA
The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health-access initiatives for disproportionately affected populations, including cancer, blood disorders, brain health, and clinical-trial participation, in the United States and internationally. In 2024, its median grant was $134,090, though awards varied widely; it says application materials are available upon request and advises organizations to contact it about the process, but does not state whether unsolicited requests are accepted.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds STEM education, basic needs such as hunger and housing, social justice, and environmental protection. Its 2025 grants had a median of $10,000, with awards ranging from $500 to about $1.43 million; funding is concentrated in Ohio, with grants also going to states including Texas, Indiana, Virginia, and West Virginia. It accepts applications only from preselected organizations invited through a local AEP Operating Company and does not accept unsolicited requests.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
McNabb Foundation
Wilmington, DE
The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
Wilmington, DE
The Raskob Foundation for Catholic Activities supports Catholic organizations, ministries, and projects in the United States and its territories and internationally, across areas such as education, health care, and humanitarian aid. Domestic awards are typically $15,000–$35,000; international grants can be up to $200,000. It does not restrict giving to preselected organizations, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$208.0M
Grants
325
Total Given
$6.2M
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation funds nonprofits across areas such as health, education, conservation, arts, and youth services, primarily in Delaware, though it also awards grants elsewhere. Its 2025 grants had a median of $21,500, and it invites nonprofits to apply for specific grant programs; the profile does not state whether it accepts general unsolicited requests.
Assets
$392.5M
Grants
323
Total Given
$20.4M
WSFS Cares Foundation
Wilmington, DE
The WSFS CARES Foundation funds qualified nonprofits working in community investment, affordable housing, revitalization and economic empowerment, education and leadership, and services for people in need across Delaware, Pennsylvania, and New Jersey. Its 2024 grants ranged from $1,000 to $100,000, with a median of $5,000. The filing says giving is not restricted to preselected organizations, but does not state whether unsolicited requests are accepted.
Assets
$12.3M
Grants
323
Total Given
$2.7M
More Funders in Delaware
Madavi and Gaugarin Oliver Foundation down — hundreds of funders to go?