Madhav Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 13 grants totaling $15K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$598K
+107.3% YoY
Annual Giving
$15K
-54.0% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$1K
-43.3% YoY
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.
About Madhav Foundation
Based on IRS filings
Madhav Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 13 grants totaling $15K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $597,791 | $288,328 | $294,835 |
| Revenue | $101,904 | $68,430 | $79,433 |
| Expenses | $18,750 | $43,595 | $45,600 |
| Qualifying Distributions | $14,500 | $31,500 | $33,000 |
| Net Investment Income | $53,036 | $12,879 | $10,078 |
| Distributable Amount | $2,715 | $56,026 | $52,915 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vedanta Institute of Midwest ($5,000), Aim for Seva ($2,000), Hindu American Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AIM FOR SEVA SAYLORSBURG, PA | Charitable Donation | $2,000 |
| 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 |
| 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 |
| UNICEF USA WASHINGTON, DC | Charitable Donation | $500 |
| UNION OF CONCERNED SCIENTISTS CAMBRIDGE, MA | Charitable Donation | $500 |
| UNITED NEGRO COLLEGE FUND INC WASHINGTON, DC | Charitable Donation | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ramji Patel | President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Madhav Foundation?
Madhav Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, VA. It holds $598K in total assets as of 2024.
How large is Madhav Foundation?
As of 2024, Madhav Foundation holds $598K in total assets with $102K in annual revenue. It awarded 13 grants totaling $15K in 2024.
Where does Madhav Foundation operate?
Madhav Foundation has awarded grants in California, Colorado, District of Columbia, Iowa, Kentucky, Massachusetts, Maryland, Michigan, New York, Pennsylvania, Texas.
What size grants does Madhav Foundation award?
In 2024, Madhav Foundation awarded 13 grants totaling $15K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Madhav Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Madhav Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Madhav Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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