Maker Bhavan Foundation logo

Maker Bhavan Foundation

Public charity · Grantmaker Palo Alto, CA EIN: 82-2933252 Website

To enable Stem Education in India to train students to be innovative and job-ready upon graduation. The foundation acts as a global resource for Indian engineering colleges to provide access to tools, equipment, financial resources, and knowledge so that the education imparted is more relevant and responsive to the real life needs of students and society at large.

Key facts about Maker Bhavan Foundation

In short: Maker Bhavan Foundation reported $207K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
82-2933252
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$207,156 — reported as a total on the IRS filing, without an itemized list
Total assets
$9,968,547

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$10.0M

+1458.8% YoY

Grants Paid (reported total)

$207K

-59.5% YoY

Revenue

$9.7M

+927.3% YoY

Net Investment Income

$49K

+210.3% YoY

About Maker Bhavan Foundation

Based on IRS filings

Maker Bhavan Foundation is a public charity focused on Education, based in Palo Alto, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10.0M in total assets. In 2025, it reported $207K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $49K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

CupertinoPalo Alto

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600KTotal only2020 2 grants2021 2 grants2022 Total only2023 Total only2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $94K (2022) to $512K (2020). In 2025 it reported $207K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

1<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,968,547$639,503$348,467
Revenue$9,665,194$940,846$602,283
Expenses$343,700$648,225$497,259
Net Investment Income$48,601$15,665$-5,365

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS March 5, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
  3. Updated Form 990 for fiscal year 2020 (received by the IRS April 14, 2021)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 29, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Maker Bhavan Foundation is led by Ruyintan Mehta, President on every filing since 2023; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ruyintan Mehta

    President

    On filings since 2023

    2 hrs/week

    No compensation reported

  • hemant Kanakia

    Chairman

    On filings since 2023

    1 hr/week

    No compensation reported

  • ajay lavakare

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • pari Choksi

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Paula Mariwala

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ravi Mariwala

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • shaibal roy

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Timothy A Gonsalvas

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ranbir Singh

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • S M saraf

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Subhash Tantry

    Treasurer

    President → Treasurer, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ashish Vengsarkar

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: sudarshan saraf (2023–2024) — Director
  • Former: kirat Patel (2024) — Director
  • Former: Bakul Shah (2020–2022) — Secretary
  • Former: Paritosh Choksi (2020–2022) — Treasurer

Data from IRS Form 990 filings, 2020–2025. "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 Maker Bhavan Foundation

How much does Maker Bhavan Foundation give each year?

Maker Bhavan Foundation reported $207K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $512K in grants paid.

How large is Maker Bhavan Foundation?

Maker Bhavan Foundation reported $10.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.7M.

What is Maker Bhavan Foundation?

Maker Bhavan Foundation is a public charity focused on Education, based in Palo Alto, CA. It holds $10.0M in total assets as of 2025.

Where does Maker Bhavan Foundation operate?

Maker Bhavan Foundation has awarded grants in California.

What is Maker Bhavan Foundation's EIN?

Maker Bhavan Foundation's EIN (Employer Identification Number) is 82-2933252. IRS Form 990 filing data is available on this page for 2020–2025.

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

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