SV Foundation Inc
SV Foundation Inc is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in Manhasset Hills, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $54K in total assets. In 2025, it awarded 2 grants totaling $1K. Net investment income was $1K.
Key facts about SV Foundation Inc
In short: SV Foundation Inc gave $1K across 2 grants in 2025 (avg $550), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 47-1529125
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,100
- Grants made (2025)
- 2
- Average grant
- $550
- Median grant
- $550
- Total assets
- $53,639
- Primary geography
- California (64% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$54K
+0.2% YoY
Annual Giving
$1K
+175.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$550
+37.5% YoY
Under IRS private-foundation payout rules, SV Foundation Inc reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
How SV Foundation Inc gives
- Giving fell 44% from 2022 to 2025. Method
- In 2025 it paid out 18% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $400 (2024) to $3K (2021). In 2025 it made 2 grants totaling $1K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Foundation for Excellence Inc ($700). Together the top 2 received $1K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation for Excellence Inc Sunnyvale, CA | Charitable Purpose | $700 |
| New York Puja Association Glen Oaks, NY | Charitable purpose | $400 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $53,639 | $53,511 | $52,002 |
| Revenue | $1,402 | $3,355 | $1,251 |
| Expenses | $1,293 | $626 | — |
| Qualifying Distributions | $1,100 | $400 | — |
| Net Investment Income | $1,402 | $1,355 | $1,242 |
| Distributable Amount | $6,019 | $5,074 | $4,116 |
Data update history
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 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
SV Foundation Inc is led by Deepak Mahajan, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Deepak Mahajan
President
On filings since 2020
1 hr/week
No compensation reported
Sabaratnam Shanmuganthan
Director
On filings since 2020
1 hr/week
No compensation reported
Sucheta Mahajan
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 SV Foundation Inc
How much does SV Foundation Inc give each year?
SV Foundation Inc gave $1K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $400 across 1 grant.
How large is SV Foundation Inc?
SV Foundation Inc reported $54K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is SV Foundation Inc?
SV Foundation Inc is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in Manhasset Hills, NY. It holds $54K in total assets as of 2025.
Where does SV Foundation Inc operate?
SV Foundation Inc has awarded grants in California, New York.
What is SV Foundation Inc's EIN?
SV Foundation Inc's EIN (Employer Identification Number) is 47-1529125. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching SV Foundation Inc by hand.
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