Madhav Foundation
Madhav Foundation is a private foundation based in Arlington, Virginia. Its 2024 filing reports charitable contributions to preselected organizations, including educational, cultural, humanitarian, and environmental organizations.
Madhav Foundation at a glance
In short: Madhav Foundation gave $15K across 13 grants in 2024 (avg $1K), top state Michigan. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $14,500
- -54.0% vs 2023
- Grants made (2024)
- 13
- -18.8% vs 2023
- Average grant
- $1,115
- -43.3% vs 2023
- Median grant
- $500
- Total assets
- $597,791
- +107.3% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 13, 2024; small sample)
- Primary geography
- Michigan (34% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Madhav Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 2221 S Clark St Apt 712 Apt 712, Arlington, VA 22202
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Madhav Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Vedanta Institute of Midwest ($5K). Together the top 10 received $13K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that grant dollars went to recipients in Michigan (34%), Washington, DC (28%), Pennsylvania (14%), Iowa (7%), and Texas (7%), among other states.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Is Madhav Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 13 grantees (0%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving fell 65% from 2021 to 2024. Method
- In 2024 it paid out 534% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2024) to $41K (2021). In 2024 it made 13 grants totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vedanta Institute of Midwest West Bloomfield, MI | Charitable Donation | $5,000 |
| Aim for Seva Saylorsburg, PA | Charitable Donation | $2,000 |
| Hindu American Foundation Washington, DC | Charitable Donation | $1,000 |
| Maharishi Foundation USA Inc Fairfield, IA | Charitable Donation | $1,000 |
| PYP Yoga Foundation Inc Sugarland, TX | Charitable Donation | $1,000 |
| Wikimedia Foundation Inc Washington, DC | Charitable Donation | $1,000 |
| American Indian College Fund Denver, CO | Charitable Donation | $500 |
| Doctors Without Borders New York, NY | Charitable Donation | $500 |
| Earth Justice Washington, DC | Charitable Donation | $500 |
| UNICEF USA Washington, DC | Charitable Donation | $500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $597,791 | $101,904 | $18,750 | $14,500 | 13 | $14,500 | $53,036 | $2,715 |
| 2023 | $288,328 | $68,430 | $43,595 | $31,500 | 16 | $31,500 | $12,879 | $56,026 |
| 2022 | $294,835 | $79,433 | $45,600 | $33,000 | 18 | $33,000 | $10,078 | $52,915 |
| 2021 | $261,002 | $70,891 | $41,975 | $41,006 | 22 | $41,006 | $7,937 | — |
| 2020 | $232,086 | $22,163 | $25,300 | $24,750 | 14 | — | $6,613 | $41,155 |
Under IRS private-foundation payout rules, Madhav Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Vedanta Institute of Midwest says it promotes educational excellence through grants and financial assistance. Maharishi Foundation USA describes itself as an educational organization that administers and supervises Transcendental Meditation programs and related programs.
The American Indian College Fund says it invests in Native students and tribal college education. UNCF says its mission is to support underrepresented students through college and strengthen its member institutions.
Grantmaking
In 2024, the foundation reported 13 grants totaling $14,500. Grant amounts ranged from $500 to $5,000, with a median of $500. Its largest reported grant was $5,000 to Vedanta Institute of Midwest. Other listed 2024 grants included $2,000 to Aim for Seva; $1,000 each to Hindu American Foundation, Maharishi Foundation USA, PYP Yoga Foundation, and Wikimedia Foundation; and $500 each to American Indian College Fund, Doctors Without Borders, Earth Justice, UNICEF USA, Union of Concerned Scientists, and UNCF.
Leadership & Key People
Leadership team and compensation from IRS filings
Ramji Patel is listed as president on the 2024 filing.
Madhav Foundation is led by Ramji Patel, President since 2024 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Ramji Patel
President
President & S → President & Secretary, 2023
President & Secretary → President, 2024
On filings since 2020
1 hr/week
No compensation reported
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 Madhav Foundation
How much does Madhav Foundation give each year?
Madhav Foundation gave $15K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $32K across 16 grants.
What is Madhav Foundation's typical grant size?
Madhav Foundation's median grant in 2024 was $500, and its average grant was $1,115, across 13 grants on its 2024 IRS Form 990-PF.
Where does Madhav Foundation give grants?
Madhav Foundation's top state is Michigan, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (28%) and Pennsylvania (14%). The most frequent recipient cities were Washington, DC (6 grants).
Does Madhav Foundation give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Madhav Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (13 grants).
Who are Madhav Foundation's largest grantees?
Madhav Foundation's largest 2024 grantees include Vedanta Institute of Midwest ($5,000), Aim for Seva ($2,000) and Hindu American Foundation ($1,000), according to its 2024 IRS Form 990-PF. Together they received 55% of its itemized 2024 grant dollars.
How large is Madhav Foundation?
Madhav Foundation reported $598K in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What does Madhav Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Vedanta Institute of Midwest says it promotes educational excellence through grants and financial assistance. See mission & focus areas ↑
How do I apply for a grant from Madhav Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Madhav Foundation's EIN?
Madhav Foundation's EIN (Employer Identification Number) is 20-8089722. IRS Form 990 filing data is available on this page for 2020–2024.
Does Madhav Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Madhav Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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