P-Squared Philanthropies Inc
P-Squared Philanthropies Inc is a private foundation based in Wilmington, Delaware. It supports work in gender equity and reproductive justice, medical discovery, research and talent, and storytelling and narrative change, with stated giving geographies of New York City, the United States, and India.
P-Squared Philanthropies Inc at a glance
In short: P-Squared Philanthropies Inc gave $3.8M across 44 grants in 2024 (avg $87K), mostly in New York. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,820,500
- +10.4% vs 2023
- Grants made (2024)
- 44
- +18.9% vs 2023
- Average grant
- $86,830
- -7.2% vs 2023
- Median grant
- $25,000
- Total assets
- $107,781,190
- +3.8% vs 2023
- New grantees (estimate)
- 32% first-time grantees (13 of 41, 2024)
- Primary geography
- New York (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to P-Squared Philanthropies Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://p-squared.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who P-Squared Philanthropies Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New York University ($1.0M across 2 grants). Together the top 10 received $3.1M.
Grant Size Distribution
142 grants across all recorded years
The most common grant size was under $50K: 92 grants of 142 (65%).
Geographic Focus
Where this funder awards grants
The foundation says it funds organizations in New York City, the United States, and India. In 2024, the largest shares of grant dollars by recipient state were directed to New York (51%), Massachusetts (23%), California (14%), and the District of Columbia (6%); Texas received 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 44 itemized grants.
States
Cities
Is P-Squared Philanthropies Inc open to new grantees?
32%
first-time grantees, 2024
In 2024, 13 of 41 grantees (32%) were first-time recipients. First grants averaged $33K; repeat grants $121K. How we count
Medians: $10K first-time, $45K repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving grew 170% from 2021 to 2024. Method
- In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $657K (2020) to $3.8M (2024). In 2024 it made 44 grants totaling $3.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York University New York, NY | The parekh family center for neuroinflammation, or such other name as may be mutually determined by the parties within 60 days of execution of this agreement (the "center") and to support its activities (such establishment and support, the "program") | $1,000,000 |
| Fidelity Investments Charitable Gift Fund Boston, MA | The Hypothesis Fund | $500,000 |
| Rockefeller Philanthropy Advisors Inc New York, NY | Collaborative for Gender and Reproductive Equity | $500,000 |
| The Board of Trustees of the Leland Stanford Junio Stanford, CA | Parekh Metabolic Psychiatry Research Fund | $300,000 |
| Massachusetts General Hospital Boston, MA | research project focused on understanding the complex genetics and pathophysiology of epilepsy | $250,000 |
| Public Health Institute Oakland, CA | Project Access Bridge - Advancing reproductive health equity in emergency departments | $125,000 |
| Advocates for Youth Washington, DC | AMAZE program and unrestricted | $100,000 |
| Carnegie Endowment for International Peace Washington, DC | General & Unrestricted | $100,000 |
| Council on Foreign Relations Inc New York, NY | General & Unrestricted | $100,000 |
| If When How Oakland, CA | General & Unrestricted | $100,000 |
Ready to take the next step with P-Squared Philanthropies Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $107,781,190 | $17,058,355 | $5,914,479 | $3,820,500 | 44 | $4,258,349 | $14,082,720 | $5,000,981 |
| 2023 | $103,792,503 | $16,356,407 | $4,294,772 | $3,460,844 | 37 | $3,797,275 | $8,958,706 | $4,238,312 |
| 2022 | $84,581,418 | $12,404,656 | $3,685,542 | $2,786,500 | 26 | $3,078,993 | $14,106,535 | $3,981,617 |
| 2021 | $75,862,304 | $33,790,366 | $2,062,320 | $1,416,000 | 16 | $1,499,965 | $22,570,832 | $3,341,666 |
| 2020 | $44,134,258 | $24,177,130 | $1,121,115 | $657,323 | 19 | — | $26,412,313 | $1,641,293 |
Under IRS private-foundation payout rules, P-Squared Philanthropies Inc reported a distributable amount of $5.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated goal for medical discovery and research is to prevent, alleviate, and cure neurodegenerative disorders and related conditions, while catalyzing diverse, interdisciplinary models of talent in medical research. Its stated goal for gender equity and reproductive justice is to advance the reproductive and mental health of women and girls in the United States and India. In storytelling and narrative change, it supports creative projects intended to raise awareness, foster understanding, encourage dialogue, and promote social change, prioritizing stories by and about women and other emerging voices.
Its portfolio includes research institutions and universities, reproductive-health and youth organizations, donor collaboratives, and documentary and other creative projects. For example, NYU describes its own primary missions as education, research and scholarship, and patient care. Advocates for Youth describes its work as partnering with young people and adult allies to advance youth rights to bodily autonomy and sexual health and equity. The Collaborative for Gender + Reproductive Equity describes itself as building the reproductive-justice field through unrestricted, multi-year support to grantee partners.
The foundation also says it retains a relatively small portion of annual giving to experiment when critical needs arise, and that it is interested in exploring education, economic mobility, and mental health and wellness in the future.
Grantmaking
In 2024, the foundation made 44 grants totaling $3,820,500. Awards ranged from $1,000 to $1,000,000, with a median of $25,000.
Among the largest 2024 grants were $1,000,000 to New York University for the Parekh Family Center for Neuroinflammation and its activities; $500,000 to Fidelity Investments Charitable Gift Fund for the Hypothesis Fund; and $500,000 to Rockefeller Philanthropy Advisors for the Collaborative for Gender and Reproductive Equity. Other grants included $300,000 to the Board of Trustees of the Leland Stanford Junior University for the Parekh Metabolic Psychiatry Research Fund, $250,000 to Massachusetts General Hospital for epilepsy research, and $125,000 to Public Health Institute for Project Access Bridge, focused on reproductive-health equity in emergency departments.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Deven Parekh as director, secretary, and treasurer, and Monika Parekh as director and president.
P-Squared Philanthropies Inc is led by Monika Parekh, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Monika Parekh
Director & President
On filings since 2020
1 hr/week
No compensation reported
Deven Parekh
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 P-Squared Philanthropies Inc
How much does P-Squared Philanthropies Inc give each year?
P-Squared Philanthropies Inc gave $3.8M across 44 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.5M across 37 grants.
What is P-Squared Philanthropies Inc's typical grant size?
P-Squared Philanthropies Inc's median grant in 2024 was $25,000, and its average grant was $86,830, across 44 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from P-Squared Philanthropies Inc that year got $33K on average.
Where does P-Squared Philanthropies Inc give grants?
P-Squared Philanthropies Inc gives mostly in New York: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (23%) and California (14%). The most frequent recipient cities were New York, NY (17 grants), Boston, MA (4 grants), Washington, DC (3 grants) and Austin, TX (3 grants).
Does P-Squared Philanthropies Inc give general operating support?
Yes: 48% of P-Squared Philanthropies Inc's 2024 grants with a stated purpose (21 of 44) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Charitable Event" (3 grants).
Who are P-Squared Philanthropies Inc's largest grantees?
P-Squared Philanthropies Inc's largest 2024 grantees include New York University ($1,025,000 across 2 grants), Fidelity Investments Charitable Gift Fund ($500,000) and Rockefeller Philanthropy Advisors Inc ($500,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is P-Squared Philanthropies Inc?
P-Squared Philanthropies Inc reported $107.8M in total assets on its 2024 IRS Form 990-PF. It paid out $4.3M in qualifying distributions that year, against a required minimum of $5.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does P-Squared Philanthropies Inc fund?
The foundation’s stated goal for medical discovery and research is to prevent, alleviate, and cure neurodegenerative disorders and related conditions, while catalyzing diverse, interdisciplinary models of talent in medical research. See mission & focus areas ↑
How do I apply for a grant from P-Squared Philanthropies Inc?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is P-Squared Philanthropies Inc's EIN?
P-Squared Philanthropies Inc's EIN (Employer Identification Number) is 83-1042303. IRS Form 990 filing data is available on this page for 2020–2024.
Does P-Squared Philanthropies Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in P-Squared Philanthropies Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). P-Squared Philanthropies Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/p-squared-philanthropies-inc-morg_79e35a5770ff44d1b84018d0d1977562
BibTeX
@misc{grantable_831042303_2026,
author = {{Grantable}},
title = {{P-Squared Philanthropies Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/p-squared-philanthropies-inc-morg_79e35a5770ff44d1b84018d0d1977562},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from P-Squared Philanthropies Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
P-Squared Philanthropies Inc down — hundreds of funders to go?