The Asha and Sajjan Agarwal Foundation
The Asha and Sajjan Agarwal Foundation is a private foundation based in Raleigh, North Carolina. It makes grants to charitable organizations and runs the Agarwal Scholars Program, which provides educational support to students in grades 6–12.
The Asha and Sajjan Agarwal Foundation at a glance
In short: The Asha and Sajjan Agarwal Foundation gave $3.7M across 24 grants in 2024 (avg $154K), top state North Carolina. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,695,000
- +9.8% vs 2023
- Grants made (2024)
- 24
- +84.6% vs 2023
- Average grant
- $153,958
- -40.5% vs 2023
- Median grant
- $62,500
- Total assets
- $134,413,787
- +55.3% vs 2023
- New grantees (estimate)
- 32% first-time grantees (6 of 19, 2024; small sample)
- Primary geography
- North Carolina (47% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Asha and Sajjan Agarwal Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 33787, Raleigh, NC 27636
Phone: (919) 861-2919
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Asha and Sajjan Agarwal Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hindu Society of NC ($1.4M across 3 grants). Together the top 10 received $3.2M.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 27 grants of 76 (36%).
Geographic Focus
Where this funder awards grants
In 2024, 47% of grant dollars went to recipients in North Carolina, 11% to California, 8% to Florida, and 7% to Texas. The recipient-state data also lists an unidentified state share of 20%. Named recipients included organizations in North Carolina, Florida, California, Texas, and Washington, among other locations.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
Cities
Is The Asha and Sajjan Agarwal Foundation open to new grantees?
32%
first-time grantees, 2024
In 2024, 6 of 19 grantees (32%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $103K; repeat grants $237K. How we count
Medians: $83K first-time, $100K repeat.
- 47% of 2024 grantees were also funded in 2023. Method
- Giving grew 184% from 2021 to 2024. Method
- In 2024 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.0M (2020) to $3.7M (2024). In 2024 it made 24 grants totaling $3.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hindu Society of NC Morrisville, NC | Meet religious, cultural, linguistic and spiritual needs, promote India's rich heritage | $1,250,000 |
| Rishihood Foundation | Restricted Grant - development & up-fitting of Phase 2 of a Student Resident Facility supporting Rishihood University | $600,000 |
| Hindu University of America Orlando, FL | Sustenance Funds for the rejuvination and revitalization of the University | $300,000 |
| Schwab Charitable Fund San Francisco, CA | General support | $150,000 |
| Sri Venkateswara Temple of NC Cary, NC | Hindu temple and uphold Hindu religious activities | $150,000 |
| Vivekananda Yoga University (VaYU) Los Angeles, CA | Provide yoga education and research at the graduate level. | $150,000 |
| Global Hindu Federation | Restricted Grant - Project to Research Anti-Indic Sentiment | $125,000 |
| Hindu American Foundation Washington, DC | Educational and advocacy organization | $100,000 |
| Texas Hindu Campsite Inc Sugar Land, TX | Building a better future for Hindu youth | $100,000 |
| Vivekananda Yoga University (VaYU) Los Angeles, CA | Provide yoga education and research at the graduate level. | $100,000 |
Ready to take the next step with The Asha and Sajjan Agarwal Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $134,413,787 | $43,229,509 | $4,651,073 | $3,695,000 | 24 | $3,818,979 | $1,545,874 | $4,585,813 |
| 2023 | $86,550,901 | $15,147,263 | $4,216,820 | $3,364,000 | 13 | $3,466,249 | $1,338,573 | $3,993,420 |
| 2022 | $70,000,847 | $23,725,135 | $2,900,918 | $2,203,250 | 12 | $2,303,243 | $584,650 | $3,366,417 |
| 2021 | $52,064,258 | $19,788,914 | $1,641,914 | $1,300,500 | 13 | $1,349,708 | $2,123,646 | $2,291,973 |
| 2020 | $28,498,561 | $2,740,285 | $1,290,180 | $1,032,500 | 14 | — | $1,335,707 | $1,307,227 |
Under IRS private-foundation payout rules, The Asha and Sajjan Agarwal Foundation reported a distributable amount of $4.6M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes the Agarwal Scholars Program, started in 2021, as support for “At Risk Students” in grades 6–12, intended to help them access quality education and prepare for post-secondary education and careers. An Educational Professional assesses each student’s needs, directs resources, and provides ongoing advocacy, interaction, and mentoring during the grant period. In 2024, the foundation hired a second full-time Educational Professional to facilitate program expansion. This is a direct charitable activity for participating students, not a grant program for outside applicants.
The foundation’s grants include support for religious and cultural organizations, educational institutions, and other charitable organizations. For example, Hindu University of America describes its mission as providing an educational and spiritual bridge in Hindu thought and preparing students for service, leadership, and global engagement. The Hindu American Foundation says it advances understanding of Hinduism to secure the rights and dignity of Hindu Americans. The Carying Place says it teaches homeless working families with children life skills while providing short-term housing and support services.
Grantmaking
In 2024, the foundation made 24 grants totaling $3,695,000. The grants ranged from $20,000 to $1,250,000, with a median of $62,500. Other recent giving was $3,364,000 across 13 grants in 2023 and $2,203,250 across 12 grants in 2022.
Among the largest 2024 grants were $1,250,000 to Hindu Society of NC for religious, cultural, linguistic, and spiritual needs and promoting India’s heritage; $600,000 to Rishihood Foundation for development and up-fitting of Phase 2 of a student residential facility supporting Rishihood University; and $300,000 to Hindu University of America for university sustenance funds. The foundation also gave $150,000 each to Schwab Charitable Fund for general support, Sri Venkateswara Temple of NC to support Hindu temple and religious activities, and Vivekananda Yoga University to provide graduate-level yoga education and research.
Other 2024 grants included $125,000 to Global Hindu Federation for research on anti-Indic sentiment; $100,000 to Hindu American Foundation for its educational and advocacy work; $100,000 to Texas Hindu Campsite for building a better future for Hindu youth; and $65,000 to Dharma Civilization Foundation for scholarships. Dharma Civilization Foundation describes its mission as establishing systematic academic study of Dharma and creating related academic and intellectual infrastructure.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Asha Rani Agarwal as President/Director; Ankit Agarwal, Rohit Agarwal, and Richa Deedwania as Vice Presidents/Directors; and Linwood A Jackson as Secretary/Treasurer/Director.
The Asha and Sajjan Agarwal Foundation is led by Asha Rani Agarwal, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Asha Rani Agarwal
President & Director
On filings since 2020
3 hrs/week
No compensation reported
Ankit Agarwal
Vice President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Linwood A Jackson
Secretary, Treasurer & Director
Secretary, Tr & Director → Secretary, Treasurer & Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Richa Deedwania
Vice President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Rohit Agarwal
Vice President & Director
On filings since 2020
0.5 hrs/week
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 The Asha and Sajjan Agarwal Foundation
How much does The Asha and Sajjan Agarwal Foundation give each year?
The Asha and Sajjan Agarwal Foundation gave $3.7M across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.4M across 13 grants.
What is The Asha and Sajjan Agarwal Foundation's typical grant size?
The Asha and Sajjan Agarwal Foundation's median grant in 2024 was $62,500, and its average grant was $153,958, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Asha and Sajjan Agarwal Foundation that year got $103K on average.
Where does The Asha and Sajjan Agarwal Foundation give grants?
The Asha and Sajjan Agarwal Foundation's top state is North Carolina, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (11%) and Florida (8%). The most frequent recipient cities were Morrisville, NC (4 grants), Cary, NC (3 grants), Houston, TX (3 grants) and Los Angeles, CA (2 grants).
Does The Asha and Sajjan Agarwal Foundation give general operating support?
Occasionally: 4% of The Asha and Sajjan Agarwal Foundation's 2024 grants with a stated purpose (1 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Asha and Sajjan Agarwal Foundation's largest grantees?
The Asha and Sajjan Agarwal Foundation's largest 2024 grantees include Hindu Society of NC ($1,360,000 across 3 grants), Rishihood Foundation ($600,000) and Hindu University of America ($300,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.
How large is The Asha and Sajjan Agarwal Foundation?
The Asha and Sajjan Agarwal Foundation reported $134.4M in total assets on its 2024 IRS Form 990-PF. It paid out $3.8M in qualifying distributions that year, against a required minimum of $4.6M (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 does The Asha and Sajjan Agarwal Foundation fund?
The foundation’s filing describes the Agarwal Scholars Program, started in 2021, as support for “At Risk Students” in grades 6–12, intended to help them access quality education and prepare for post-secondary education and careers. See mission & focus areas ↑
How do I apply for a grant from The Asha and Sajjan Agarwal Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Asha and Sajjan Agarwal Foundation's EIN?
The Asha and Sajjan Agarwal Foundation's EIN (Employer Identification Number) is 42-1747195. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Asha and Sajjan Agarwal Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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 October 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Asha and Sajjan Agarwal Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/the-asha-and-sajjan-agarwal-foundation-morg_9e44234cd00f4071a5a9058490972672
BibTeX
@misc{grantable_421747195_2026,
author = {{Grantable}},
title = {{The Asha and Sajjan Agarwal Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-asha-and-sajjan-agarwal-foundation-morg_9e44234cd00f4071a5a9058490972672},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Asha and Sajjan Agarwal Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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