Sevika Foundation
Sevika Foundation is a private foundation, based in Brownsville, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $71K in total assets. In 2024, it awarded 5 grants totaling $36K.
Sevika Foundation at a glance
In short: Sevika Foundation gave $36K across 5 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $35,953
- -66.5% vs 2023
- Grants made (2024)
- 5
- +25.0% vs 2023
- Average grant
- $7,191
- -73.2% vs 2023
- Median grant
- $3,027
- Total assets
- $70,535
- -33.9% vs 2023
- Primary geography
- Texas (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Sevika Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was AceGlobal ($2K). Together the top 2 received $3K.
Organizations only. It also paid 3 grants to individuals ($32,850), which are not listed by name.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 24 grants of 25 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Sevika Foundation gives
- Giving held roughly steady from 2021 to 2024 (−20%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2022) to $107K (2023). In 2024 it made 5 grants totaling $36K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 grants to individuals Recipients not named | — | $32,850 |
| AceGlobal Bakersfield, CA | Eye care project | $2,003 |
| America India Foundation New York, NY | Donation to Circle of hope a girls' education initiative | $1,100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $70,535 | — | $36,108 | $35,953 | 5 | $35,953 |
| 2023 | $106,643 | $155,000 | $107,213 | $107,203 | 4 | $107,203 |
| 2022 | $58,856 | $1,000 | $21,635 | $20,128 | 8 | $20,128 |
| 2021 | $79,491 | $45,000 | $46,537 | $44,857 | 4 | $44,857 |
| 2020 | $3,379 | — | $38,740 | $38,165 | 4 | — |
Leadership & Key People
Officers and directors from IRS filings
Sevika Foundation is led by Madhavi Reddy, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Madhavi Reddy
President
On filings since 2020
No compensation reported
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.
Frequently asked questions about Sevika Foundation
How much does Sevika Foundation give each year?
Sevika Foundation gave $36K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $107K across 4 grants.
What is Sevika Foundation's typical grant size?
Sevika Foundation's median grant in 2024 was $3,027, and its average grant was $7,191, across 5 grants on its 2024 IRS Form 990-PF.
Where does Sevika Foundation give grants?
Sevika Foundation gives mostly in Texas: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (27%).
Does Sevika Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Sevika Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Sevika Foundation?
Sevika Foundation reported $71K in total assets on its 2024 IRS Form 990-PF.
What is Sevika Foundation's EIN?
Sevika Foundation's EIN (Employer Identification Number) is 84-4041776. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 3, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Sevika Foundation's focus areas in our free grants database
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