Radhika & Ambarish Malpani Foundation Inc

WILMINGTON, DE EIN: 20-3975649

Radhika & Ambarish Malpani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 15 grants totaling $164K. Net investment income was $91K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$556K

-12.8% YoY

Annual Giving

$164K

+2.3% YoY

Grant Count

15

-6.3% YoY

Avg Grant Size

$11K

+9.1% YoY

Under IRS private-foundation payout rules, Radhika & Ambarish Malpani Foundation Inc reported a distributable amount of $217K for 2024 — the minimum it must pay out in qualifying distributions.

About Radhika & Ambarish Malpani Foundation Inc

Based on IRS filings

Radhika & Ambarish Malpani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 15 grants totaling $164K. Net investment income was $91K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AtlantaBethesdaBozemanBristolBurlingameCity Of IndustryCupertinoDenverDiamond BarFremontHoustonHuntingtonLancasterLeesburgLos AngelesManchacaMilpitasNew YorkPalo AltoSacramento

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$109K$164K$218K20202021202220232024
Metric202420232022
Total Assets$555,594$636,843$732,627
Revenue$93,617$73,932$49,796
Expenses$174,866$169,716$198,444
Qualifying Distributions$172,020$168,119$193,984
Net Investment Income$90,971$72,335$47,650
Distributable Amount$217,264$169,092$169,392

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$93K$140K$186K20 grants202010 grants202118 grants202216 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IMPACTASSETS INC$35KARPAN FOUNDATION INCORPO…$20KMAGICIANS WITHOUT BORDERS$20KOCEAN VISIONS INC$20KGROUND GAME FUND$15KEDUCATE$10KISLAND CONSERVATION$10KNATURE CONSERVANCY$10KTALKINGPOINTS$10KADAS CAFE$5K

Grant Size Distribution

79 grants across all recorded years

79<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Impactassets Inc ($35,000), Arpan Foundation Incorporated ($20,000), Magicians Without Borders ($20,000).

RecipientPurposeAmount
ADAS CAFE PALO ALTO, CAGeneral & Unrestricted$5,000
ARPAN FOUNDATION INCORPORATED DIAMOND BAR, CAGeneral & Unrestricted$20,000
CLIMATE CONSERVATION BOZEMAN, MTGeneral & Unrestricted$5,000
EDUCATE DENVER, COGeneral & Unrestricted$10,000
FAMILY GIVING TREE MILPITAS, CATeam Fitness gift wrapping cart initiative$1,000
GROUND GAME FUND MANCHACA, TXFocus For Democracy c3$15,000
IMPACTASSETS INC BETHESDA, MDGrant to DAF account number: 454594 Current accou$35,000
INDIA LITERACY PROJECT BURLINGAME, CAGeneral & Unrestricted$1,211
ISLAND CONSERVATION CITY OF INDUSTRY, CAGeneral & Unrestricted$10,000
MAGICIANS WITHOUT BORDERS BRISTOL, VTGeneral & Unrestricted$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ambarish MalpaniVP, Dir1
Radhika A MalpaniPres, Dir, Sec1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Radhika & Ambarish Malpani Foundation Inc?

Radhika & Ambarish Malpani Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $556K in total assets as of 2024.

How large is Radhika & Ambarish Malpani Foundation Inc?

As of 2024, Radhika & Ambarish Malpani Foundation Inc holds $556K in total assets with $94K in annual revenue. It awarded 15 grants totaling $164K in 2024.

Where does Radhika & Ambarish Malpani Foundation Inc operate?

Radhika & Ambarish Malpani Foundation Inc has awarded grants in California, Colorado, District of Columbia, Georgia, Massachusetts, Maryland, Montana, New York, Texas, Virginia, Vermont.

What size grants does Radhika & Ambarish Malpani Foundation Inc award?

In 2024, Radhika & Ambarish Malpani Foundation Inc awarded 15 grants totaling $164K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Radhika & Ambarish Malpani Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Radhika & Ambarish Malpani Foundation Inc reported a distributable amount of $217K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Radhika & Ambarish Malpani Foundation Inc's EIN?

Radhika & Ambarish Malpani Foundation Inc's EIN (Employer Identification Number) is 20-3975649. IRS Form 990 filing data is available on this page for 2020–2024.

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

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