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 grants totaling $10K. Net investment income was $5K.

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 $127K (100%)

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

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 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

From 2024 IRS filing

From 2024 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 grants 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 grants 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.