Sss Foundation Inc

Foundation · Grantmaker ST PETERSBURG, FL EIN: 32-0314794

SSS Foundation Inc is a private grantmaking foundation based in St. Petersburg, Florida. Designated as a 501(c)(3) organization, the foundation operates as a philanthropic entity focused on supporting charitable initiatives across multiple sectors and geographic regions.

Key facts about Sss Foundation Inc

EIN: 32-0314794
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,133,305
Grants made (2024): 18
Average grant: $62,961
Median grant: $5,275
Total assets: $6,231,250
Primary geography: Florida (99% of itemized 2024 grant dollars)
Accepts unsolicited proposals: No
How to apply: The foundation uses a standard grant application form that includes all necessary information about charitable organizations.

Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Sss Foundation Inc funds

By grant dollars, the top recipient states for Sss Foundation Inc's 18 itemized 2024 grants were Florida (99%). The most frequent recipient cities were India, FL (11 grants) and Clearwater, FL (2 grants). 6% of grants with a stated purpose were for general or operating support. Recurring purposes include "See Attached Rev Pro 92-94 Statement" (9 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.2M

+9.6% YoY

Annual Giving

$1.1M

-0.6% YoY

Grant Count

+5.9% YoY

Avg Grant Size

$63K

-6.1% YoY

Under IRS private-foundation payout rules, Sss Foundation Inc reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

Education
Health
Human Services

The foundation also supports vision services for the poor and provides food, shelter, and medical care assistance.

Grantmaking

The foundation uses a standard grant application form that includes all necessary information about charitable organizations. However, the foundation does not accept unsolicited grant application requests.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports projects in multiple locations:

Florida: St. Petersburg, Clearwater, Tampa
California: Rancho Cordova
Maryland: Germantown
India: Karnataka

Grant Distribution by State

Florida $1.1M (99%)

California $7K (1%)

Maryland $5K (0%)

Share of all 18 itemized 2024 grant dollars.

States

California Florida Maryland

Cities

IndiaSt PetersburgClearwaterKarnataka IndiaTampaFrederickGermantownPacific PalisadesRancho CordovaVista

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2023):

Total Assets: $5.69M–$6.23M
Total Revenue: $1.54M–$2.21M
Total Expenses: $1.07M–$1.14M
Total Liabilities: $0

2022 Data:

Total Assets: $5.29M
Total Revenue: $2.21M
Total Expenses: $1.07M
Investment Income: $9,110

Tax Status: Tax-exempt since August 2011. EIN: 32-0314794

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,231,250	$5,687,131	$5,291,381
Revenue	$1,691,215	$1,538,918	$2,214,361
Expenses	$1,147,096	$1,143,168	$1,071,740
Qualifying Distributions	$1,133,305	$1,139,770	$1,071,100
Net Investment Income	$212,161	$81,674	$9,110
Distributable Amount	$261,478	$241,113	$195,433

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

74 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sri Sathya Sai Central Trust ($950,300 across 3 grants), Sri Sathya Sai Trust Karnataka ($100,180 across 4 grants), Jss Medical College ($41,025).

Recipient	Purpose	Amount
SRI SATHYA SAI CENTRAL TRUST INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$350,000
SRI SATHYA SAI CENTRAL TRUST INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$300,300
SRI SATHYA SAI CENTRAL TRUST INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$300,000
SRI SATHYA SAI TRUST KARNATAKA INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$50,050
JSS MEDICAL COLLEGE INDIA, FL	SEE ATTACHED REV PROC92-94 STATEMENT	$41,025
SRI SATHYA SAI TRUST KARNATAKA INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$25,030
SRI SATHYA SAI TRUST KARNATAKA INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$20,050
ISHWARAMBA TRUST INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$10,050
MYSORE MEDICAL COLLEGE GRAD ASSN PACIFIC PALISADES, CA	ENCOURAGE MENTORSHIP AND RESEARCH	$5,500
ISHWARAMBA TRUST INDIA, FL	SEE ATTACHED REV PRO 92-94 STATEMENT	$5,050

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's volunteer leadership team includes:

Jayaprakash K Kamath – President
Geetha J Kamath – Secretary
Peter C Schatzel – Treasurer

All leadership members serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAYAPRAKASH K KAMATH	PRESIDENT	0.5	—
GEETHA J KAMATH	SECRETARY	0.75	—
PETER C SCHATZEL	TREASURER	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Sss Foundation Inc fund?

The foundation's primary funding areas include: • **Education** • **Health** • **Human Services** The foundation also supports vision services for the poor and provides food, shelter, and medical care assistance.

How do I apply for a grant from Sss Foundation Inc?

**Grant Activity:** • Made 11 grants in 2022 • Typical award range: $1,000–$400,000 • Recent grantees include Sri Sathya Sai Global Council Foundation, which received multiple grants for humanitarian projects ($108,000, $100,000, and $35,000 in December 2022) • St. Petersburg Free Clinic received support for food, shelter, and medical care provision **Application Process:** The foundation uses a standard grant application form that includes all necessary information about charitable organizatio…

Where does Sss Foundation Inc make grants?

The foundation supports projects in multiple locations: • **Florida:** St. Petersburg, Clearwater, Tampa • **California:** Rancho Cordova • **Maryland:** Germantown • **India:** Karnataka

What size grants does Sss Foundation Inc award?

In 2024, Sss Foundation Inc awarded 18 grants totaling $1.1M — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Sss Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sss Foundation Inc reported a distributable amount of $261K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sss Foundation Inc's EIN?

Sss Foundation Inc's EIN (Employer Identification Number) is 32-0314794. IRS Form 990 filing data is available on this page for 2020–2024.

Does Sss Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. The foundation uses a standard grant application form that includes all necessary information about charitable organizations.