Rajam Family Foundation
Rajam Family Foundation is a private foundation established in 2021 and based in Wilmington, Delaware. The foundation operates as a 501(c)(3) organization with no employees and primarily funds general initiatives through grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+31.4% YoY
Annual Giving
$1.8M
+165.9% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$162K
+141.7% YoY
Under IRS private-foundation payout rules, Rajam Family Foundation reported a distributable amount of $574K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include scholarship funding and support for educational initiatives. Based on recent grantmaking patterns, the foundation demonstrates particular interest in supporting children's education and development programs.
Grantmaking
The foundation made nine grants in 2023. Recent grants include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $8,827,150
- Total Revenues: $5,156,682
- Total Expenses: $743,478
- Total Grants and Contributions Received: $3,300,317
- Investment Income and Dividends: $201,978
The foundation experienced significant growth in contributions year-over-year, with total grants and contributions increasing from $0 in 2022 to $3,300,317 in 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,602,007 | $8,827,150 | $7,436,880 |
| Revenue | $7,363,541 | $5,156,682 | $116,350 |
| Expenses | $1,990,552 | $743,478 | $776,257 |
| Qualifying Distributions | $1,884,835 | $719,594 | $776,257 |
| Net Investment Income | $4,210,350 | $1,770,807 | $116,350 |
| Distributable Amount | $574,000 | $392,861 | $377,509 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shanti Bhavan Children's Project Inc ($1,000,000), University of Southern California ($300,000), The David Sheldrick Wildlife Trust Usa ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HARVARD UNIVERSITY CAMBRIDGE, MA | SCHOLARSHIP | $20,452 |
| PARSONS SCHOOL OF DESIGN NEW YORK, NY | SCHOLARSHIP | $62,472 |
| COLUMBIA UNIVERSITY FINE ARTS MAJOR AMSTERDAM AVE, NY | SCHOLARSHIP | $73,741 |
| SHANTI BHAVAN CHILDREN'S PROJECT INC BOONTON, NJ | SCHOLARSHIP | $1,000,000 |
| THE DAVID SHELDRICK WILDLIFE TRUST USA LAGUNA HILLS, CA | PROGRAM SUPPORT | $250,000 |
| DUKE UNIVERSITY DURHAM, NC | SCHOLARSHIP | $17,245 |
| PURUDE UNIVERSITY GLOBAL INC WEST LAFAYETTE, IN | SCHOLARSHIP | $4,426 |
| UNITEK COLLEGE STUDENT NURSES ASSOCIATIO FREMONT, CA | SCHOLARSHIP | $40,218 |
| CAL STATE EAST BAY EDUCATIONAL HAYWARD, CA | SCHOLARSHIP | $2,539 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | SCHOLARSHIP | $300,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Satish Dharmaraj serves as Director of the foundation (as of May 2023).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SATISH DHARMARAJ | DIRECTOR, CHAIRPERSON, PRESIDENT | — | — |
| SMITA DHARMARAJ | DIRECTOR, SECRETARY, TREASURER | — | — |
Frequently Asked Questions
What does Rajam Family Foundation fund?
The foundation's primary focus areas include scholarship funding and support for educational initiatives. Based on recent grantmaking patterns, the foundation demonstrates particular interest in supporting children's education and development programs.
How do I apply for a grant from Rajam Family Foundation?
The foundation made nine grants in 2023. Recent grants include: • **Shanti Bhavan Children's Project**: $500,000 (Scholarship, December 2023) • **Nova Southeastern University (NSU)**: $31,304 (Scholarship, December 2023) • **Cal State East Bay Educational Foundation**: $6,995 (Scholarship, December 2023) Total giving in 2023 was $671,372.
What size grants does Rajam Family Foundation award?
In 2024, Rajam Family Foundation awarded 11 grants totaling $1.8M — an average of about $162K per grant, based on its IRS Form 990 filings.
How much is Rajam Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rajam Family Foundation reported a distributable amount of $574K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rajam Family Foundation's EIN?
Rajam Family Foundation's EIN (Employer Identification Number) is 86-2217899. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Rajam Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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