Neena Rao Charitable Corp is a private foundation based in Amsterdam, New York. The organization was established in 1999 and holds 501(c)(3) tax-exempt status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
Annual Giving
$337K
Grant Count
39
Avg Grant Size
$9K
Under IRS private-foundation payout rules, Neena Rao Charitable Corp reported a distributable amount of $201K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
Grantmaking
The foundation primarily directs grants to organizations in New York, New Jersey, and California.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $4,861,497
- Total giving: $337,480
- Most recent financial data from 2024 IRS Form 990 filing
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,861,497 | $4,327,575 | $4,719,465 |
| Revenue | $1,050,913 | $568,808 | $1,313,345 |
| Expenses | $349,983 | $960,698 | $865,444 |
| Qualifying Distributions | $337,480 | $941,820 | $864,728 |
| Net Investment Income | $219,857 | $184,307 | $157,261 |
| Distributable Amount | $201,048 | $212,237 | $222,384 |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shuttle Worth Park Foundation ($200,000), Hindu Temple Society ($31,467), Benevity Donation ($14,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBANY COLLEGE OF PHARMACY AND HEAL ALBANY, NY | CHARITY | $9,782 |
| AMSTERDAM ELKS LODGE AMSTERDAM, NY | CHARITABLE | $3,000 |
| AMSTERDAM FOOTBALL BOOSTER CLUB AMSTERDAM, NY | CHARITABLE | $115 |
| AMSTERDAM M R NEW YORK, NY | CHARITABLE | $250 |
| AMSTERDAM ROTARY CLUB AMSTERDAM, NY | CHARITABLE | $10,000 |
| AMSTERDAM TRAVEL BASKETBALL AMSTERDAM, NY | CHARITY | $1,000 |
| AMSTERDAM YOUTH SOCCER CLUB AMSTERDAM, NY | CHARITABLE | $1,000 |
| BAPS ROBBINSVILLE, NJ | CHARITABLE | $1,000 |
| BENEVITY DONATION NEW YORK, NY | CHARITABLE | $14,500 |
| CATHOLIC CHARITIES FREEPORT, NY | CHARITABLE | $6,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is associated with Dr. Rao and his wife, Jyothi, who have been described as supporters of their local Amsterdam and Montgomery County community as well as international philanthropic causes.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C K GOVIND RAO | PRESIDENT | — | — |
| C P RAO | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Neena Rao Charitable Corp fund?
The foundation's grantmaking priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Health Care
How do I apply for a grant from Neena Rao Charitable Corp?
**Grant Activity:** • Total giving: $337,480 (based on most recent IRS Form 990 filing from 2024) • Typical award range: $13,000 to $280,000 **Geographic Focus:** The foundation primarily directs grants to organizations in New York, New Jersey, and California.
What size grants does Neena Rao Charitable Corp award?
In 2024, Neena Rao Charitable Corp awarded 39 grants totaling $337K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Neena Rao Charitable Corp required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Neena Rao Charitable Corp reported a distributable amount of $201K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Neena Rao Charitable Corp's EIN?
Neena Rao Charitable Corp's EIN (Employer Identification Number) is 14-1816910. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Neena Rao Charitable Corp's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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