Ramaswamy Bansal Family Foundation
Ramaswamy Bansal Family Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.9M in total assets. In 2024, it awarded 5 grants totaling $1.1M. Net investment income was $1.4M.
Ramaswamy Bansal Family Foundation at a glance
In short: Ramaswamy Bansal Family Foundation gave $1.1M across 5 grants in 2024 (avg $224K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,120,325
- -3.2% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $224,065
- -3.2% vs 2023
- Median grant
- $50,000
- Total assets
- $16,916,172
- +8.6% vs 2023
- Primary geography
- New York (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ramaswamy Bansal Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Morgan Stanley DAF ($960K). Together the top 5 received $1.1M.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 16 grants of 27 (59%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Ramaswamy Bansal Family Foundation gives
- Giving grew 46% from 2021 to 2024. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $287K (2020) to $1.2M (2023). In 2024 it made 5 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley DAF New York, NY | GRANT | $960,000 |
| Brown University Providence, RI | Performing Arts Building & the Brown Fund | $100,000 |
| IIT Madras Foundation Cupertino, CA | Women leading initiative at iitm (WLI) endowment and merit cum means scholarships endowment | $50,000 |
| The Akshaya Patra Foundation Fremont, CA | Mid-Day Meal Program | $10,000 |
| SCHF Uste LP K-1 Menlo Park, CA | PER K-1 | $325 |
Ready to take the next step with Ramaswamy Bansal Family Foundation?
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 | $16,916,172 | $2,866,352 | $1,521,641 | $1,120,325 | 5 | $1,124,075 | $1,351,436 | $1,229,264 |
| 2023 | $15,571,461 | $2,158,442 | $1,524,109 | $1,157,206 | 5 | $1,160,456 | $635,980 | $1,124,657 |
| 2022 | $14,937,128 | $1,518,788 | $1,387,534 | $980,346 | 6 | $983,596 | $212,837 | $1,157,805 |
| 2021 | $14,805,874 | $3,828,539 | $1,075,621 | $765,473 | 5 | $768,473 | $2,785,332 | $1,017,931 |
| 2020 | $12,052,956 | $962,008 | $504,514 | $287,271 | 6 | — | $478,854 | $748,081 |
Under IRS private-foundation payout rules, Ramaswamy Bansal Family Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ramaswamy Bansal Family Foundation is led by Sridhar Ramaswamy, CEO & CFO on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sridhar Ramaswamy
CEO & CFO
On filings since 2020
No compensation reported
Seema Bansal
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Ramaswamy Bansal Family Foundation
How much does Ramaswamy Bansal Family Foundation give each year?
Ramaswamy Bansal Family Foundation gave $1.1M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 5 grants.
What is Ramaswamy Bansal Family Foundation's typical grant size?
Ramaswamy Bansal Family Foundation's median grant in 2024 was $50,000, and its average grant was $224,065, across 5 grants on its 2024 IRS Form 990-PF.
Where does Ramaswamy Bansal Family Foundation give grants?
Ramaswamy Bansal Family Foundation gives mostly in New York: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Rhode Island (9%) and California (5%).
Does Ramaswamy Bansal Family Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Ramaswamy Bansal Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Ramaswamy Bansal Family Foundation's largest grantees?
Ramaswamy Bansal Family Foundation's largest 2024 grantees include Morgan Stanley DAF ($960,000), Brown University ($100,000) and IIT Madras Foundation ($50,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Ramaswamy Bansal Family Foundation?
Ramaswamy Bansal Family Foundation reported $16.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ramaswamy Bansal Family Foundation's EIN?
Ramaswamy Bansal Family Foundation's EIN (Employer Identification Number) is 83-2880553. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Ramaswamy Bansal Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in California
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, democracy, gender equity, racial justice, and efforts to strengthen nonprofits and philanthropy, with work spanning the San Francisco Bay Area, the U.S. West, and locations including East and West Africa and Mexico. Its 2024 grants had a median award of $150,000, though amounts varied widely. It generally does not accept unsolicited requests, but sometimes invites proposals through open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ramaswamy Bansal 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.
Ramaswamy Bansal Family Foundation down — hundreds of funders to go?