Sai Maa Foundation

MIAMI, FL EIN: 35-7089434

Sai Maa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $739K in total assets. In 2024, it awarded 4 grants totaling $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$739K

-8.8% YoY

Annual Giving

$80K

Grant Count

4

Avg Grant Size

$20K

Under IRS private-foundation payout rules, Sai Maa Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Sai Maa Foundation

Based on IRS filings

Sai Maa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $739K in total assets. In 2024, it awarded 4 grants totaling $80K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ChicagoDenverJenkintownLehigh AcresNaplesSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$63K$126K$189K$252K20202021202220232024
Metric202420232022
Total Assets$739,476$811,060$826,401
Revenue$12,687$113,862$228,659
Expenses$84,271$10,799$39,978
Qualifying Distributions$79,995$35,000
Net Investment Income$111,211$4,863
Distributable Amount$38,473$37,983$36,266

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants20200 grants20212 grants20220 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

MARICI$50KCENTER AT HAMPTON HOUSE$10KEHAS INC$10KHUMANITY IN UNITY INC$10K

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marici ($50,000), Center at Hampton House ($10,000), Ehas Inc ($10,000).

RecipientPurposeAmount
HUMANITY IN UNITY INC DENVER, COGENERAL OPERATIONS$9,995
CENTER AT HAMPTON HOUSE JENKINTOWN, PAGENERAL OPERATIONS$10,000
EHAS INC LEHIGH ACRES, FLGENERAL OPERATIONS$10,000
MARICI SAN FRANCISCO, CAGENERAL OPERATIONS$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LUCINDA HANOVERTRUSTEE0.5
TYLER FREEDMANTRUSTEE0.5
SHRI MUKTANANDATRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sai Maa Foundation?

Sai Maa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $739K in total assets as of 2024.

How large is Sai Maa Foundation?

As of 2024, Sai Maa Foundation holds $739K in total assets with $13K in annual revenue. It awarded 4 grants totaling $80K in 2024.

Where does Sai Maa Foundation operate?

Sai Maa Foundation has awarded grants in California, Colorado, Florida, Illinois, Pennsylvania.

What size grants does Sai Maa Foundation award?

In 2024, Sai Maa Foundation awarded 4 grants totaling $80K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Sai Maa Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sai Maa Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sai Maa Foundation's EIN?

Sai Maa Foundation's EIN (Employer Identification Number) is 35-7089434. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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