Prasad Jain Family Foundation

Private foundation · Grantmaker Bethesda, MD EIN: 35-2354360

Prasad Jain Family Foundation is a private foundation, based in Bethesda, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $275K in total assets.

Key facts about Prasad Jain Family Foundation

EIN
35-2354360
Latest 990 filing
Form 990-PF, 2025
Total assets
$275,469

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$275K

-3.2% YoY

Revenue

$3

-25.0% YoY

Expenses

$9K

+0.1% YoY

Under IRS private-foundation payout rules, Prasad Jain Family Foundation reported a distributable amount of $52 for 2025 — the minimum it must pay out in qualifying distributions.

How Prasad Jain Family Foundation gives

  • Giving fell 90% from 2020 to 2023. Method
  • In 2023 it paid out 169% of 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

1state

States

Cities

Chevy ChasePotomac

Giving Over Time

Total grant dollars and number of grants per year

$0$250$500$750$1K1 grant2020 0 grants2021 0 grants2022 1 grant2023 0 grants2024 0 grants2025

From 2020 to 2023, annual grant giving ranged from $100 (2023) to $1K (2020). In 2023 it made 1 grant totaling $100.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$275,469$284,662$293,848
Revenue$3$4$5
Expenses$9,196$9,190$100
Qualifying Distributions——$100
Net Investment Income——$5
Distributable Amount$52$54$59

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Prasad Jain Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Deepika Prasad

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sanjay Prasad

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

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 Prasad Jain Family Foundation

How large is Prasad Jain Family Foundation?

Prasad Jain Family Foundation reported $275K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $3.

Where does Prasad Jain Family Foundation operate?

Prasad Jain Family Foundation has awarded grants in Maryland.

How much is Prasad Jain Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Prasad Jain Family Foundation reported a distributable amount of $52 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Prasad Jain Family Foundation's EIN?

Prasad Jain Family Foundation's EIN (Employer Identification Number) is 35-2354360. IRS Form 990 filing data is available on this page for 2020–2025.

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

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