Ron and Chitra Gupta Foundation Inc

POTOMAC, MD EIN: 26-1838383

Ron and Chitra Gupta Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-2.6% YoY

Annual Giving

$9K

-91.4% YoY

Grant Count

-66.7% YoY

Avg Grant Size

$9K

-74.1% YoY

Under IRS private-foundation payout rules, Ron and Chitra Gupta Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About Ron and Chitra Gupta Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nebraska $127K (65%)

Virginia $65K (33%)

California $2K (1%)

New Jersey $1K (1%)

Maryland $702 (0%)

States

California Maryland Nebraska New Jersey Virginia

Cities

AlexandriaFreemontFremontGaithersburgHerndonOmahaPrincetonTyson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,677,539	$1,721,741	$1,814,771
Revenue	$23,078	$20,616	$18,054
Expenses	$9,150	$103,191	$9,990
Qualifying Distributions	$8,909	$103,183	$9,785
Net Investment Income	—	—	—
Distributable Amount	$17,622	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Capital IIT ($8,900).

Recipient	Purpose	Amount
Capital IIT Herndon, VA	Education	$8,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Ron S Gupta	President	2	—
Chitra Gupta	Treasurer	2	—
Avni Gupta Kagan	Board Member	1	—
Josh Gupta Kagan	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ron and Chitra Gupta Foundation Inc?

Ron and Chitra Gupta Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. It holds $1.7M in total assets as of 2024.

How large is Ron and Chitra Gupta Foundation Inc?

As of 2024, Ron and Chitra Gupta Foundation Inc holds $1.7M in total assets with $23K in annual revenue. It awarded 1 grants totaling $9K in 2024.

Where does Ron and Chitra Gupta Foundation Inc operate?

Ron and Chitra Gupta Foundation Inc has awarded grants in California, Maryland, Nebraska, New Jersey, Virginia.

What size grants does Ron and Chitra Gupta Foundation Inc award?

In 2024, Ron and Chitra Gupta Foundation Inc awarded 1 grants totaling $9K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Ron and Chitra Gupta Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ron and Chitra Gupta Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ron and Chitra Gupta Foundation Inc's EIN?

Ron and Chitra Gupta Foundation Inc's EIN (Employer Identification Number) is 26-1838383. IRS Form 990 filing data is available on this page for 2020–2024.