Thakur Family Foundation Inc
Thakur Family Foundation Inc is a private independent foundation based in St. Petersburg, Florida. Established in November 2018, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic initiatives with a focus on governance, public health, and civil liberties. The foundation functions as an independent funding organization with a vision to empower citizens to improve their lives through targeted grantmaking and capacity building.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$239K
+71.3% YoY
Annual Giving
$109K
-71.1% YoY
Grant Count
18
-43.8% YoY
Avg Grant Size
$6K
-48.7% YoY
Mission & Focus Areas
The foundation's mission centers on investing in capacity building for an empowered society through participative, socially-just governance, while promoting transparency and accountability for more effective governance. The foundation espouses protection of civil rights for citizenship empowerment.
The foundation identifies two primary focus areas:
- Public Health: Supporting research, engagement, debate, and policy implementation related to health issues
- Civil Liberties: Advancing protection of civil rights and supporting lawyers and academics working in this field
The foundation believes that access to information enables participative governance leading to citizen empowerment, allowing citizens to become aware of their right to live a healthy life, hold their governments accountable, and become positively engaged with governance processes.
Grantmaking
The foundation offers multiple grant types:
Grant Range
is $4,100, with grants ranging from $1,200 to $23,000.
Review Cycle
is provided; the foundation recommends direct contact for more information.
Grant Types
How to Apply
online
Ready to take the next step with Thakur Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation funds projects globally, with significant activity in India, particularly in cities including Bengaluru and Mumbai. Domestically, the foundation's activities span multiple U.S. states including Connecticut, Florida, Massachusetts, Maine, New Hampshire, and New York. International grantmaking has also extended to locations such as Rotterdam.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $238,601
- Total Revenue: $352,685
- Total Expenses: $138,850
- Total Grants, Contributions: $298,963
As of Fiscal Year 2023:
- Total Assets: $139,283
- Total Revenue: $23,820
- Total Expenses: $482,511
The foundation experienced significant growth in 2024, with revenues increasing 1,380.6% from 2023 to 2024, driven primarily by increased grants and contributions (up 1,241.4%) and net gains from asset sales (up 1,294.5%). Investment income declined 57.4% year-over-year.
The foundation maintains zero liabilities and is ranked in the top 50% of foundations by assets nationally (Rank #72,732 of 159,550).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $238,601 | $139,283 | $596,712 |
| Revenue | $352,685 | $23,820 | $64,061 |
| Expenses | $138,850 | $482,511 | $482,306 |
| Qualifying Distributions | $138,193 | $480,319 | $469,638 |
| Net Investment Income | $53,065 | $3,631 | $51,393 |
| Distributable Amount | $5,970 | $16,065 | $40,289 |
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
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a board of directors serving without compensation:
- Dinesh S. Thakur - Director (40 hours per week)
- Prashant Reddy - Director (12 hours per week)
- Dinesh Kasthuril - Director (2 hours per week)
- Venkat Swaminathan - Director (2 hours per week)
The foundation has no full-time employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DINESH S THAKUR | DIRECTOR | 40 | — |
| PRASHANT REDDY | DIRECTOR | 12 | — |
| DINESH KASTHURIL | DIRECTOR | 2 | — |
| VENKAT SWAMINATHAN | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation maintains an active grants program with recent grantmaking activity documented in 2024 filings. The foundation publishes information about past grants awarded and maintains a frequently asked questions section on its website to support potential applicants.
Thakur FoundationSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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