Rajam Family Foundation
Rajam Family Foundation is a private foundation based in Wilmington, Delaware. In 2024, it gave $1,785,112 through 11 grants, primarily for scholarships, with one listed grant for program support.
Rajam Family Foundation at a glance
In short: Rajam Family Foundation gave $1.8M across 11 grants in 2024 (avg $162K), mostly in New Jersey. 45% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,785,112
- +165.9% vs 2023
- Grants made (2024)
- 11
- +10.0% vs 2023
- Average grant
- $162,283
- +141.7% vs 2023
- Median grant
- $40,218
- Total assets
- $11,602,007
- +31.4% vs 2023
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2024; small sample)
- Primary geography
- New Jersey (56% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Rajam Family Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Its filing names Goldman Sachs Trust Company of DE as the contact; forms and materials, and award restrictions, are referred to in a footnote.
- Review Cycle
- No specific deadline.
- Deadline
- No specific deadline.
- Contact
Application contact: Goldman Sachs Trust Company Of De
Mailing address: 200 Bellevue Pkwy Suite 250, Wilmington, DE 19809
Phone: (302) 793-3290
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rajam Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Shanti Bhavan Children's Project Inc ($1.0M). Together the top 10 received $1.8M.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 23 grants of 38 (61%).
Geographic Focus
Where this funder awards grants
In 2024, the reported shares of grant dollars by recipient state were New Jersey 56%, California 34%, New York 8%, Massachusetts 1%, and North Carolina 1%. The itemized grants also include a $4,426 scholarship grant to Purdue University Global in Indiana.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is Rajam Family Foundation open to new grantees?
45%
first-time grantees, 2024
In 2024, 5 of 11 grantees (45%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $83K; repeat grants $228K. How we count
Medians: $20K first-time, $57K repeat.
- 45% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−15%). Method
- In 2024 it paid out 328% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $671K (2023) to $2.1M (2021). In 2024 it made 11 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shanti Bhavan Children's Project Inc Boonton, NJ | Scholarship | $1,000,000 |
| University of Southern California Los Angeles, CA | Scholarship | $300,000 |
| The David Sheldrick Wildlife Trust USA Laguna Hills, CA | Program Support | $250,000 |
| Columbia University Fine Arts Major Amsterdam Ave, NY | Scholarship | $73,741 |
| Parsons School of Design New York, NY | Scholarship | $62,472 |
| Unitek College Student Nurses Associatio Fremont, CA | Scholarship | $40,218 |
| Harvard University Cambridge, MA | Scholarship | $20,452 |
| Duke University Durham, NC | Scholarship | $17,245 |
| UCLA Foundation Los Angeles, CA | Scholarship | $14,019 |
| Purude University Global Inc West Lafayette, IN | Scholarship | $4,426 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,602,007 | $7,363,541 | $1,990,552 | $1,785,112 | 11 | $1,884,835 | $4,210,350 | $574,000 |
| 2023 | $8,827,150 | $5,156,682 | $743,478 | $671,372 | 10 | $719,594 | $1,770,807 | $392,861 |
| 2022 | $7,436,880 | $116,350 | $776,257 | $731,099 | 9 | $776,257 | $116,350 | $377,509 |
| 2021 | $8,101,820 | $20,811,599 | $2,332,945 | $2,095,000 | 8 | $2,332,945 | $10,385,211 | $118,153 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated. Its 2024 grants show support for scholarships and program support. Among its grantees, Shanti Bhavan Children’s Project describes its work as providing support and educational aid to vulnerable and disadvantaged children in India, including by setting up schools. UCLA Foundation says it enables private donors to support UCLA’s academic and research work, while Cal State East Bay Educational says it manages gifts benefiting California State University East Bay.
Grantmaking
In 2024, the foundation made 11 grants totaling $1,785,112. Grant amounts ranged from $2,539 to $1,000,000, with a median of $40,218. The largest grants were $1,000,000 to Shanti Bhavan Children’s Project for a scholarship, $300,000 to the University of Southern California for a scholarship, and $250,000 to The David Sheldrick Wildlife Trust USA for program support. Other listed scholarship grants included $73,741 to Columbia University Fine Arts Major and $62,472 to Parsons School of Design.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Satish Dharmaraj as director, chairperson, and president, and Smita Dharmaraj as director, secretary, and treasurer.
Rajam Family Foundation is led by Satish Dharmaraj, Director, Chairperson & President on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Satish Dharmaraj
Director, Chairperson & President
On filings since 2021
No compensation reported
Smita Dharmaraj
Director, Secretary & Treasurer
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Rajam Family Foundation
How much does Rajam Family Foundation give each year?
Rajam Family Foundation gave $1.8M across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $671K across 10 grants.
What is Rajam Family Foundation's typical grant size?
Rajam Family Foundation's median grant in 2024 was $40,218, and its average grant was $162,283, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Rajam Family Foundation that year got $83K on average.
Where does Rajam Family Foundation give grants?
Rajam Family Foundation gives mostly in New Jersey: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (34%) and New York (8%). The most frequent recipient cities were Los Angeles, CA (2 grants).
Does Rajam Family Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Rajam Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (10 grants).
Who are Rajam Family Foundation's largest grantees?
Rajam Family Foundation's largest 2024 grantees include Shanti Bhavan Children's Project Inc ($1,000,000), University of Southern California ($300,000) and The David Sheldrick Wildlife Trust USA ($250,000), according to its 2024 IRS Form 990-PF. Together they received 87% of its itemized 2024 grant dollars.
How large is Rajam Family Foundation?
Rajam Family Foundation reported $11.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $574K (roughly 5% of its investment assets).
What does Rajam Family Foundation fund?
No foundation mission is stated. Its 2024 grants show support for scholarships and program support. Among its grantees, Shanti Bhavan Children’s Project describes its work as providing support and educational aid to vulnerable and disadvantaged children in India, including by setting up schools. See mission & focus areas ↑
How do I apply for a grant from Rajam Family Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Rajam Family Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/rajam-family-foundation-morg_d449bf9d60034f2da90164d0e6b24305
BibTeX
@misc{grantable_862217899_2026,
author = {{Grantable}},
title = {{Rajam Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rajam-family-foundation-morg_d449bf9d60034f2da90164d0e6b24305},
note = {Accessed 2026-10-18. 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 Rajam Family 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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