Raman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 15 grants totaling $118K. Net investment income was $721K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+44.8% YoY
Annual Giving
$118K
-53.7% YoY
Grant Count
15
+15.4% YoY
Avg Grant Size
$8K
-59.9% YoY
Under IRS private-foundation payout rules, Raman Family Foundation reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.
About Raman Family Foundation
Based on IRS filings
Raman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 15 grants totaling $118K. Net investment income was $721K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,968,722 | $1,360,071 | $1,591,577 |
| Revenue | $753,544 | $58,295 | $85,614 |
| Expenses | $129,546 | $268,801 | $170,747 |
| Qualifying Distributions | $118,000 | $254,865 | $149,000 |
| Net Investment Income | $720,981 | $48,063 | $72,619 |
| Distributable Amount | $69,667 | $74,427 | $87,934 |
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
78 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of King County ($25,000), Seattle University ($20,000), Hindu Temple & Cultutal Center ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Seattle Art Museum Seattle, WA | Conservation and Maintenance of Art | $11,000 |
| Seattle University Seattle, WA | Alumni Support | $20,000 |
| UNITED WAY OF KING COUNTY SEATTLE, WA | COMMUNITY SUPPORT | $25,000 |
| HINDU TEMPLE & CULTUTAL CENTER BOTHELL, WA | GENERAL SUPPORT | $15,000 |
| THE SOPHIA WAY BELLEVUE, WA | GENERAL SUPPORT | $2,500 |
| Mary's Place Seattle Seattle, WA | GENERAL SUPPORT | $1,000 |
| Food Lifeline Seattle, WA | GENERAL SUPPORT | $2,500 |
| brown university providence, RI | general support | $15,000 |
| santa clara university santa clara, CA | general support | $5,000 |
| Friends of Waterfront Park Seattle, WA | General Support | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MALA RAMAN | PRESIDENT | — | — |
| SURI RAMAN | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raman Family Foundation?
Raman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. It holds $2.0M in total assets as of 2024.
How large is Raman Family Foundation?
As of 2024, Raman Family Foundation holds $2.0M in total assets with $754K in annual revenue. It awarded 15 grants totaling $118K in 2024.
Where does Raman Family Foundation operate?
Raman Family Foundation has awarded grants in California, Maryland, Rhode Island, Washington.
What size grants does Raman Family Foundation award?
In 2024, Raman Family Foundation awarded 15 grants totaling $118K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Raman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raman Family Foundation reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raman Family Foundation's EIN?
Raman Family Foundation's EIN (Employer Identification Number) is 76-0720949. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Raman Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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