Saxena Family Foundation

WILMINGTON, DE EIN: 27-4196021

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.

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.

About Saxena Family Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

Albert LeaAndoverArlingtonBedfordBostonBristolBrooklineCanoga ParkDallasFremontHopkintonHoustonJamaica PlainLexingtonMalboroughMelroseNeedhamNew HopeNew YorkNew York City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$678K$1M$2M$3M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$204K$272K8 grants20207 grants202114 grants202215 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOUTH ASIAN IMPACT FOUND…$50KVISION-AID INCORPORATED$25KSAKHI FOR SOUTH ASIAN SU…$20KSPECIAL OLYMPICS MASSACH…$15KMAYHEW$13KDESAI FOUNDATION$10KFRIENDS OF TEACH FOR IND…$10KSPECIAL OLYMPICS MASSACH…$4KTHE ELLIE FUND$1KPAN-MASSACHUSETTS CHALLE…$500

Grant Size Distribution

55 grants across all recorded years

46<$50K7$50–100K2$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 South Asian Impact Foundation ($50,000), Vision-aid Incorporated ($25,000), Sakhi for South Asian Survivors Inc ($20,000).

RecipientPurposeAmount
DESAI FOUNDATION WOBURN, MACharitable Event$10,000
FRIENDS OF TEACH FOR INDIA INC NEW YORK, NYGeneral & Unrestricted$10,000
HOPKINTON YOUTH FIELD HOCKEY INC HOPKINTON, MAGeneral & Unrestricted$251
MAYHEW BRISTOL, NHGeneral & Unrestricted$12,500
PAN-MASSACHUSETTS CHALLENGE INC NEEDHAM, MAGeneral & Unrestricted$500
SAKHI FOR SOUTH ASIAN SURVIVORS INC NEW YORK, NYGeneral & Unrestricted$20,000
SOUTH ASIAN IMPACT FOUNDATION WASHINGTON, DCGeneral & Unrestricted$50,000
SPECIAL OLYMPICS MASSACHUSETTS INC MALBOROUGH, MACharitable Event$15,000
SPECIAL OLYMPICS MASSACHUSETTS INC MALBOROUGH, MAGeneral & Unrestricted$3,750
THE ELLIE FUND NEEDHAM, MAGeneral & Unrestricted$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Sapna SaxenaDir, Treas$25K

From 2024 filing

NameTitleHoursCompensation
Jitendra SaxenaPres, Dir, Sec1
Sapna SaxenaDir, Treas5$25,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is Saxena Family Foundation?

As of 2024, Saxena Family Foundation holds $7.3M in total assets with $901K in annual revenue. It awarded 11 grants totaling $148K in 2024.

Where does Saxena Family Foundation operate?

Saxena Family Foundation has awarded grants in California, District of Columbia, Illinois, Massachusetts, Minnesota, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Texas.

What size grants does Saxena Family Foundation award?

In 2024, Saxena Family Foundation awarded 11 grants totaling $148K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Saxena Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Saxena Family Foundation reported a distributable amount of $460K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

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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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