Prashant H Fadia Foundation Inc

Foundation · Grantmaker Houston, TX EIN: 22-3593932

Prashant H Fadia Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $5K.

Key facts about Prashant H Fadia Foundation Inc

EIN: 22-3593932
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $10,000
Grants made (2024): 1
Average grant: $10,000
Median grant: $10,000
Total assets: $150,748
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

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

How Prashant H Fadia Foundation Inc gives

Giving fell 23% from 2021 to 2024. Method
In 2024 it paid out 134% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Prashant H Fadia Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$151K

-3.4% YoY

Annual Giving

$10K

-88.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-88.9% YoY

Under IRS private-foundation payout rules, Prashant H Fadia Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Prashant H Fadia Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $10K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Massachusetts

Cities

Concord

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$150,748	$156,058	$250,279
Revenue	$4,865	$-3,450	$4,075
Expenses	$10,196	$90,646	$27,374
Qualifying Distributions	$10,000	$90,000	$14,057
Net Investment Income	$4,669	$3,812	—
Distributable Amount	$7,489	$11,292	$12,952

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Concord Antiquarian Society ($10,000).

Recipient	Purpose	Amount
CONCORD ANTIQUARIAN SOCIETY Concord, MA	GENERAL	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Saluni P Fadia	President, Treasurer	—	—
Usha L Doshi	Clerk	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Prashant H Fadia Foundation Inc?

Prashant H Fadia Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $151K in total assets as of 2024.

How large is Prashant H Fadia Foundation Inc?

As of 2024, Prashant H Fadia Foundation Inc holds $151K in total assets with $5K in annual revenue. It awarded 1 grant totaling $10K in 2024.

Where does Prashant H Fadia Foundation Inc operate?

Prashant H Fadia Foundation Inc has awarded grants in Massachusetts.

What size grants does Prashant H Fadia Foundation Inc award?

In 2024, Prashant H Fadia Foundation Inc awarded 1 grant totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Prashant H Fadia Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Prashant H Fadia Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Prashant H Fadia Foundation Inc's EIN?

Prashant H Fadia Foundation Inc's EIN (Employer Identification Number) is 22-3593932. IRS Form 990 filing data is available on this page for 2020–2024.