Saxena Family Foundation
Saxena Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 11 grants totaling $148K. Net investment income was $902K.
Key facts about Saxena Family Foundation
In short: Saxena Family Foundation gave $148K across 11 grants in 2024 (avg $13K), top state Massachusetts. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 27-4196021
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $148,001
- Grants made (2024)
- 11
- Average grant
- $13,455
- Median grant
- $10,000
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2024)
- Total assets
- $7,275,162
- Primary geography
- Massachusetts (38% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+9.0% YoY
Annual Giving
$148K
-35.4% YoY
Grant Count
11
-26.7% YoY
Avg Grant Size
$13K
-11.9% YoY
Under IRS private-foundation payout rules, Saxena Family Foundation reported a distributable amount of $460K for 2024 — the minimum it must pay out in qualifying distributions.
Is Saxena Family Foundation open to new grantees?
60%
first-time grantees, 2024
In 2024, 6 of 10 grantees (60%) were first-time recipients. First grants averaged $16K; repeat grants $14K. How we count
Medians: $11K first-time, $14K repeat.
- 30% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−19%). Method
- In 2024 it paid out 48% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTH ASIAN IMPACT FOUNDATION Washington, DC | General & Unrestricted | $50,000 |
| VISION-AID INCORPORATED Lexington, MA | General & Unrestricted | $25,000 |
| SAKHI FOR SOUTH ASIAN SURVIVORS INC New York, NY | General & Unrestricted | $20,000 |
| SPECIAL OLYMPICS MASSACHUSETTS INC Malborough, MA | Charitable Event | $15,000 |
| MAYHEW Bristol, NH | General & Unrestricted | $12,500 |
| DESAI FOUNDATION Woburn, MA | Charitable Event | $10,000 |
| FRIENDS OF TEACH FOR INDIA INC New York, NY | General & Unrestricted | $10,000 |
| SPECIAL OLYMPICS MASSACHUSETTS INC Malborough, MA | General & Unrestricted | $3,750 |
| THE ELLIE FUND Needham, MA | General & Unrestricted | $1,000 |
| PAN-MASSACHUSETTS CHALLENGE INC Needham, MA | General & Unrestricted | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,275,162 | $6,673,496 | $6,811,954 |
| Revenue | $901,140 | $240,652 | $-27,755 |
| Expenses | $299,474 | $379,110 | $445,378 |
| Qualifying Distributions | $221,348 | $306,429 | $340,954 |
| Net Investment Income | $902,437 | $169,871 | $111,235 |
| Distributable Amount | $459,747 | $397,475 | $397,823 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Saxena Family Foundation is led by Jitendra Saxena, President, Director & Secretary on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Jitendra Saxena
President, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Sapna Saxena
Director & Treasurer
On filings since 2020
5 hrs/week
$10K (2021) → $25K (2024)
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.
Compensation Overview
From 2024 IRS filing
Frequently asked questions about Saxena Family Foundation
How much does Saxena Family Foundation give each year?
Saxena Family Foundation gave $148K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $229K across 15 grants.
What is Saxena Family Foundation's typical grant size?
Saxena Family Foundation's median grant in 2024 was $10,000, and its average grant was $13,455, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Saxena Family Foundation that year got $16K on average.
Where does Saxena Family Foundation give grants?
Saxena Family Foundation's top state is Massachusetts, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (34%) and New York (20%). The most frequent recipient cities were New York, NY (2 grants), Malborough, MA (2 grants) and Needham, MA (2 grants).
Does Saxena Family Foundation give general operating support?
Yes: 82% of Saxena Family Foundation's 2024 grants with a stated purpose (9 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Saxena Family Foundation's largest grantees?
Saxena Family Foundation's largest 2024 grantees include South Asian Impact Foundation ($50,000), Vision-Aid Incorporated ($25,000) and Sakhi for South Asian Survivors Inc ($20,000), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.
How large is Saxena Family Foundation?
Saxena Family Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $221K in qualifying distributions that year, against a required minimum of $460K (roughly 5% of its investment assets).
What is Saxena Family Foundation?
Saxena Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $7.3M in total assets as of 2024.
What is Saxena Family Foundation's EIN?
Saxena Family Foundation's EIN (Employer Identification Number) is 27-4196021. 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.
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