Neena Rao Charitable Corp

Foundation · Grantmaker AMSTERDAM, NY EIN: 14-1816910

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.

Key facts about Neena Rao Charitable Corp

EIN: 14-1816910
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $337,480
Grants made (2024): 39
Average grant: $8,653
Median grant: $1,000
Total assets: $4,861,497
Primary geography: New York (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Neena Rao Charitable Corp funds

By grant dollars, the top recipient states for Neena Rao Charitable Corp's 39 itemized 2024 grants were New York (97%). The most frequent recipient cities were New York, NY (14 grants), Amsterdam, NY (9 grants), Albany, NY (3 grants) and Queens, NY (2 grants). None of its 39 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (31 grants) and "Charity" (8 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

Annual Giving

$337K

Grant Count

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New York $327K (97%)

California $5K (2%)

New Jersey $4K (1%)

West Virginia $1K (0%)

Share of all 39 itemized 2024 grant dollars.

States

Arizona California Gu Kentucky New Jersey New York Texas Virginia West Virginia

Cities

New YorkAmsterdamQueensAlbanyFlushingSwedesboroHicksvilleKentuckyPassaicHagatnaSan DiegoScottsdaleAlexandriaBrentwoodBrooklynBrunt HillsEast WindsorFort PlainFreeportHamilton

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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 recipients include Shuttle Worth Park Foundation ($200,000), Hindu Temple Society ($31,467), Benevity Donation ($14,500).

Recipient	Purpose	Amount
SHUTTLE WORTH PARK FOUNDATION AMSTERDAM, NY	CHARITABLE	$200,000
HINDU TEMPLE SOCIETY QUEENS, NY	CHARITY	$31,467
BENEVITY DONATION NEW YORK, NY	CHARITABLE	$14,500
UNIVERSITY OF ALBANY NEWYORK, NY	CHARITABLE	$12,664
AMSTERDAM ROTARY CLUB AMSTERDAM, NY	CHARITABLE	$10,000
FOUNDATION OF FMCC JOHNSTOWN, NY	CHARITABLE	$10,000
ALBANY COLLEGE OF PHARMACY AND HEAL ALBANY, NY	CHARITY	$9,782
EILS LODGE NEW YORK, NY	CHARITABLE	$8,000
CATHOLIC CHARITIES FREEPORT, NY	CHARITABLE	$6,000
MARIA COLLEGE OF ALBANY ALBANY, NY	CHARITABLE	$4,760

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

Philanthropy, Voluntarism & Grantmaking

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.