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.
Key facts about Rajam Family Foundation
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.
- EIN
- 86-2217899
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,785,112
- Grants made (2024)
- 11
- Average grant
- $162,283
- Median grant
- $40,218
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2024)
- Total assets
- $11,602,007
- Primary geography
- New Jersey (56% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Quick answers 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).
Is Rajam Family Foundation open to new grantees?
45%
first-time grantees, 2024
In 2024, 5 of 11 grantees (45%) were first-time recipients. 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.
Next steps with Rajam Family Foundation
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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
Share of all 11 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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
| 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 |
Leadership & Key People
Leadership team and compensation from IRS filings
Satish Dharmaraj serves as Director of the foundation (as of May 2023).
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
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 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.