Makadia Legacy Foundation Inc

Private foundation · Grantmaker Allen, TX EIN: 93-3578161

Makadia Legacy Foundation Inc is a private foundation, based in Allen, TX. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $40K in total assets. In 2025, it awarded 2 grants totaling $3K.

Key facts about Makadia Legacy Foundation Inc

In short: Makadia Legacy Foundation Inc gave $3K across 2 grants in 2025 (avg $1K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
93-3578161
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,934
Grants made (2025)
2
Average grant
$1,467
Median grant
$1,467
Total assets
$40,412
Primary geography
Texas (56% 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

$40K

+627.0% YoY

Annual Giving

$3K

-40.1% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$1K

+19.8% YoY

How Makadia Legacy Foundation Inc gives

  • In 2024 it paid out well above 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

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

RichardsonDallasMilpitasSt PetersburgWaxhaw

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K2 grants2023 4 grants2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $3K (2025) to $5K (2024). In 2025 it made 2 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Methodist Richardson Medical Founda: $2KMethodist Richardson MedicalFounda$2KKPSNA Charitable Foundation: $1KKPSNA Charitable Foundation$1K

The largest 2025 recipient was Methodist Richardson Medical Founda ($2K). Together the top 2 received $3K.

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 8 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Methodist Richardson Medical Founda Richardson, TXCharity$1,648
KPSNA Charitable Foundation Waxhaw, NCCharity$1,286

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K2023 2024 2025
Metric202520242023
Total Assets$40,412$5,559$82,530
Revenue$50,000—$99,209
Expenses$15,147$75,344$18,879
Qualifying Distributions$2,934$75,344—
Distributable Amount—$2,216—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 11, 2026)
  2. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Makadia Legacy Foundation Inc is led by Parin Makadia, President on every filing since 2023 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Parin Makadia

    President

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "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 Makadia Legacy Foundation Inc

How much does Makadia Legacy Foundation Inc give each year?

Makadia Legacy Foundation Inc gave $3K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 4 grants.

How large is Makadia Legacy Foundation Inc?

Makadia Legacy Foundation Inc reported $40K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $50K.

Where does Makadia Legacy Foundation Inc operate?

Makadia Legacy Foundation Inc has awarded grants in California, Florida, North Carolina, Texas.

What is Makadia Legacy Foundation Inc's EIN?

Makadia Legacy Foundation Inc's EIN (Employer Identification Number) is 93-3578161. IRS Form 990 filing data is available on this page for 2023–2025.

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

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