Raamkrut Foundation
Raamkrut Foundation is a private foundation based in Herndon, Virginia, that supports students through scholarships, grants, and loans to individuals. Its website describes it as a 501(c)(3) organization registered in Texas.
Raamkrut Foundation at a glance
In short: Raamkrut Foundation gave $125K across 10 grants in 2025 (avg $13K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $125,494
- +1227.3% vs 2024
- Grants made (2025)
- 10
- +900.0% vs 2024
- Average grant
- $12,549
- +32.7% vs 2024
- Median grant
- $5,192
- Total assets
- $2,471,316
- +5.6% vs 2024
- Primary geography
- California (76% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Raamkrut Foundation
- How to Apply
-
Submit the application form through the foundation’s website.
- Review Cycle
- The filing lists “51525” for the Fall 2025 semester. This is a past application cycle.
- Deadline
- The filing lists “51525” for the Fall 2025 semester.
- Contact
Application contact: Madhumati Joshi
Mailing address: 11906 Champion Lake Ct, Herndon, VA 20170
Phone: (832) 766-3928
Website: https://raamkrut.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Raamkrut Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Jnana Prabodhini Foundation ($75K). Together the top 6 received $105K.
Organizations only. It also paid 4 individual scholarships ($20,485), which are not listed by name.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 10 grants of 11 (91%).
Geographic Focus
Where this funder awards grants
The 2025 grants went to recipients in several states. California accounted for 76% of grant dollars, followed by Washington, DC (8%), and Arizona, New Jersey, and Illinois (4% each).
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
How Raamkrut Foundation gives
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $9K (2024) to $125K (2025). In 2025 it made 10 grants totaling $125K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jnana Prabodhini Foundation Milpitas, CA | Charitable purposes such as education and public welfare | $75,080 |
| Georgetown University Washington, DC | Tuition scholarship for a student named Urvashi Suraj | $10,000 |
| 4 individual scholarships Recipients not named | — | $20,485 |
| Arizona State University Tempe, AZ | Scholarship tuition paid for a student named Mrunmaya Sahastrabudhe | $5,383 |
| Bruhan Maharashtra Mandal Moorestown, NJ | Charitable assistance to flood affected communities | $5,000 |
| US Kids 4 Water Schaumburg, IL | charitable support for education | $4,950 |
| Chinmaya Mission Washington Regional Center Silver Spring, MD | Charitable food service 20022000594 | $4,596 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,471,316 | $61,317 | $126,465 | $125,494 | 10 | $125,494 | $64,390 | $115,946 |
| 2024 | $2,339,433 | $2,361,163 | $10,200 | $9,455 | 1 | $10,200 | $46,507 | $8,810 |
Under IRS private-foundation payout rules, Raamkrut Foundation reported a distributable amount of $116K for 2025 — 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 website says it is dedicated to uplifting students through education. Its stated support includes scholarships, grants, and loans to individuals.
Among its 2025 grantees, Jnana Prabodhini Foundation describes its work as advancing education and health in underserved communities through financial assistance, educational resources, and skill development. Georgetown University describes its mission as fostering intellectual, ethical, and spiritual understanding through sustained discourse among people of different faiths, cultures, and beliefs.
Grantmaking
In 2025, the foundation gave 10 grants totaling $125,494. Grant amounts ranged from $2,856 to $75,080, with a median of $5,192. The largest grants were $75,080 to Jnana Prabodhini Foundation for charitable purposes such as education and public welfare; $10,000 to Georgetown University for a student’s tuition scholarship; and $8,757 to an individual recipient State University for a student’s scholarship tuition. Other grants included tuition scholarships to an individual recipient, Arizona State University, and California State University Long Beach, as well as charitable assistance to flood-affected communities and support for education and food service.
The foundation’s filing says it does not restrict giving to preselected organizations. It lists Madhumati Joshi as the application contact and says applicants should submit an application form through the foundation’s website. The filing lists financial need and academic performance as award restrictions.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Vikas S. Joshi as Treasurer, Omkar V. Joshi as President, and Madhumati V. Joshi as Director.
Raamkrut Foundation is led by Omkar V. Joshi, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Omkar V. Joshi
President
On filings since 2024
No compensation reported
Madhumati V. Joshi
Director
On filings since 2024
No compensation reported
Vikas S. Joshi
Treasurer
On filings since 2024
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Raamkrut Foundation
How much does Raamkrut Foundation give each year?
Raamkrut Foundation gave $125K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 1 grant.
What is Raamkrut Foundation's typical grant size?
Raamkrut Foundation's median grant in 2025 was $5,192, and its average grant was $12,549, across 10 grants on its 2025 IRS Form 990-PF.
Where does Raamkrut Foundation give grants?
Raamkrut Foundation gives mostly in California: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (8%).
Does Raamkrut Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on Raamkrut Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Raamkrut Foundation's largest grantees?
Raamkrut Foundation's largest 2025 grantees include Jnana Prabodhini Foundation ($75,080), Georgetown University ($10,000) and Arizona State University ($5,383), according to its 2025 IRS Form 990-PF. It also paid 4 individual scholarships ($20,485), which are not listed by name. Together they received 72% of its itemized 2025 grant dollars.
How large is Raamkrut Foundation?
Raamkrut Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $116K (roughly 5% of its investment assets).
What does Raamkrut Foundation fund?
The foundation’s website says it is dedicated to uplifting students through education. Its stated support includes scholarships, grants, and loans to individuals. See mission & focus areas ↑
How do I apply for a grant from Raamkrut Foundation?
Submit the application form through the foundation’s website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Raamkrut Foundation's EIN?
Raamkrut Foundation's EIN (Employer Identification Number) is 99-0389981. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 29, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 3, 2025)
- IRS filings on file for fiscal years 2024–2025
Live grants for the work Raamkrut Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). Raamkrut Foundation funder profile. GrantGraph. Retrieved November 6, 2026, from https://grantable.co/funders/raamkrut-foundation-morg_132243789de5471a99b821364a4d319b
BibTeX
@misc{grantable_990389981_2026,
author = {{Grantable}},
title = {{Raamkrut Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/raamkrut-foundation-morg_132243789de5471a99b821364a4d319b},
note = {Accessed 2026-11-06. 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 Raamkrut Foundation'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.
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