Rani & Babu Foundation is a private foundation focused on Human Services, based in SANTA MARIA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 6 grants totaling $350K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16K
-86.0% YoY
Annual Giving
$350K
Grant Count
6
Avg Grant Size
$58K
Under IRS private-foundation payout rules, Rani & Babu Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Rani & Babu Foundation
Based on IRS filings
Rani & Babu Foundation is a private foundation focused on Human Services, based in SANTA MARIA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 6 grants totaling $350K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,395 | $117,242 | $17,897 |
| Revenue | $249,480 | $100,000 | $161,500 |
| Expenses | $350,327 | $655 | $143,603 |
| Qualifying Distributions | $349,550 | — | $138,660 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,479 | $1,061 | $3,871 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The East West Foundation of India ($101,050), The East West Foundation of India ($100,050), The East West Foundation of India ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE EAST WEST FOUNDATION OF INDIA | INTERNATIONAL SERVICE/EDUCATION-ENDOWMENT FUND | $100,000 |
| THE EAST WEST FOUNDATION OF INDIA | INTERNATIONAL SERVICE/COMMUNITY-CHILDREN CLOTHINGINTERNATIONAL SERVICE/COMMUNITY-CHILDRENS CLOTHES POP | $2,450 |
| THE EAST WEST FOUNDATION OF INDIA | INTERNATIONAL SERVICE/EDUCATION-SEWING MACHINES & SCHOOL BUS | $36,000 |
| THE EAST WEST FOUNDATION OF INDIA | INTERNATIONAL SERVICE/EDUCATION | $101,050 |
| THE EAST WEST FOUNDATION OF INDIA | INTERNATIONAL SERVICE/EDUCATION | $100,050 |
| LAS CUMBRES OBSERVATORY GOLETA, CA | EDUCATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M BABU | PRESIDENT | 5 | — |
| RANI BABU | VICE PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rani & Babu Foundation?
Rani & Babu Foundation is a private foundation focused on Human Services, based in SANTA MARIA, CA. It holds $16K in total assets as of 2024.
How large is Rani & Babu Foundation?
As of 2024, Rani & Babu Foundation holds $16K in total assets with $249K in annual revenue. It awarded 6 grants totaling $350K in 2024.
Where does Rani & Babu Foundation operate?
Rani & Babu Foundation has awarded grants in California.
What size grants does Rani & Babu Foundation award?
In 2024, Rani & Babu Foundation awarded 6 grants totaling $350K — an average of about $58K per grant, based on its IRS Form 990 filings.
How much is Rani & Babu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rani & Babu Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rani & Babu Foundation's EIN?
Rani & Babu Foundation's EIN (Employer Identification Number) is 88-0577864. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.