Saras Foundation

EXCELSIOR, MN EIN: 83-2686548

Saras Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EXCELSIOR, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $108K. Net investment income was $679K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+30.3% YoY

Annual Giving

$108K

+0.3% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$22K

+40.4% YoY

About Saras Foundation

Based on IRS filings

Saras Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EXCELSIOR, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $108K. Net investment income was $679K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AlexandriaEvanstonExcelsiorKimberlyMinneapolisMinnetonkaMt TremperSaint PaulSan JoseWayzata

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$196K$392K$588K$784K20202021202220232024
Metric202420232022
Total Assets$1,622,904$1,245,375$946,468
Revenue$713,125$286,597$252,110
Expenses$128,445$113,710$67,183
Qualifying Distributions$117,359$109,360$63,403
Net Investment Income$679,490$182,650$16,384
Distributable Amount$65,735$50,783$53,912

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$108K4 grants20202 grants20216 grants20227 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

NORTHWESTERN UNIVERSITY …$100KHAMMER RESIDENCES$5KMATAGIRI SRI AUROBINDO C…$1KMINNETONKA CURTAIN CALL …$1KSTAND UP FOR KIDS SILICO…$1K

Grant Size Distribution

24 grants across all recorded years

21<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SURESH KRISHNAPRESIDENT1
BHUVANA NANDAKUMARSECRETARY AND TREASURER1
PARTHIV KRISHNADIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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