Rama and Shashi Marda Foundation

UPPER HOLLAND, PA EIN: 46-2902292

The Rama and Shashi Marda Foundation is a private foundation established in 2013, based in Upper Holland, Pennsylvania. The foundation operates as a 501(c)(3) organization with a primary focus on grantmaking to other qualified nonprofits.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.2M

-60.6% YoY

Grant Count

14

-17.6% YoY

Avg Grant Size

$83K

-52.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to use interest on cash, dividends from securities, and gains from the sale of stock to make grants to 501(c)(3) organizations. Primary funding areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

The foundation makes grants to qualified 501(c)(3) organizations. Recent grant activity includes:

Grant Range

of approximately $25,000 based on historical data.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Pennsylvania, New York, and Virginia.

Grant Distribution by State

12states
+4 more states

Cities

BostonHersheyNew YorkNewyorkRoyersfordbostonchicagocranburydcdoylestowndurhamherndonhoustonhpustonlanghornelong beachmerrifieldnew yorknewarknewport beach

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $46,111,933
  • Total Expenses: $1,381,432
  • Total Revenues: -$3,438
  • Total Giving: $1,168,000

As of 2023:

  • Total Assets: $57,000,000 (approximately)
  • Total Distributions: $3,100,000

The foundation has zero employees and is staffed by volunteer leadership.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$741K$1M$2M$3M7 grants202010 grants202110 grants202217 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

trustee of univ of pa$225Kst mary medical center$218KHospital For Special Sur…$200Kcoalition for radical li…$100KTPIRC$100Kuniversity of delaware$100Kcolumbia university$50Kprinceton health foundat…$50Kichan school of medicine$25Kamerican heart association$25K

Grant Size Distribution

58 grants across all recorded years

31<$50K8$50–100K14$100–250K4$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include trustee of univ of pa ($225,000), st mary medical center ($218,000), Hospital For Special Surgery ($200,000).

RecipientPurposeAmount
ichan school of medicine New York, NY501c3$25,000
st mary medical center langhorne, PA501c3$218,000
breakthrough greater phildelphia philadelphia, PA501c3$15,000
coalition for radical life extensio scottsdale, AZ501c3$100,000
american heart association philadelphia, PA501C3 Donation$25,000
mass general hospital Boston, MA501c3$25,000
MMNA herndon, VA501 C 3 donation$25,000
Hospital For Special Surgery new york, NY501c3$200,000
TPIRC long beach, CA501c3$100,000
green chillies enttertainment Royersford, PA501c3$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Rama Marda serves as President and Chief Executive Officer of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
rama mardapresident2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Rama and Shashi Marda Foundation fund?

The foundation's purpose is to use interest on cash, dividends from securities, and gains from the sale of stock to make grants to 501(c)(3) organizations. Primary funding areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

How do I apply for a grant from Rama and Shashi Marda Foundation?

The foundation makes grants to qualified 501(c)(3) organizations. Recent grant activity includes: **2024 Grants:** • St. Mary Medical Center: $218,000 • University of Delaware: $100,000 • Doylestown Health: $0 The foundation made seven grants in 2024. Typical award amounts range from $500 to $2,000,000, with a median grant size of approximately $25,000 based on historical data.

Where does Rama and Shashi Marda Foundation make grants?

The foundation primarily funds organizations in Pennsylvania, New York, and Virginia.

What size grants does Rama and Shashi Marda Foundation award?

In 2024, Rama and Shashi Marda Foundation awarded 14 grants totaling $1.2M — an average of about $83K per grant, based on its IRS Form 990 filings.

What is Rama and Shashi Marda Foundation's EIN?

Rama and Shashi Marda Foundation's EIN (Employer Identification Number) is 46-2902292. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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