The Asha and Sajjan Agarwal Foundation

RALEIGH, NC EIN: 42-1747195

The Asha and Sajjan Agarwal Foundation is a private family foundation established in 2007 and based in Raleigh, North Carolina. The foundation operates as a 501(c)(3) organization with a focus on education, human services, and philanthropic initiatives primarily serving communities in North Carolina, Texas, and California.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.7M

+9.8% YoY

Grant Count

24

+84.6% YoY

Avg Grant Size

$154K

-40.5% YoY

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

Mission & Focus Areas

The foundation's primary mission centers on education and student support. Key focus areas include:

  • Education Support: General support to supplement learning for students who struggle to reach school-system benchmarks, with particular emphasis on grades 6-12
  • The Agarwal Scholars Program: A direct charitable activity launched in 2021 that provides support to "at-risk students" to ensure access to quality education and preparation for post-secondary education and careers. The program includes educational assessment, resource direction, and ongoing mentoring and advocacy throughout the grant period
  • Human Services: Serving the homeless in the Raleigh community
  • Patient Care: Providing patient care services

Grantmaking

The foundation operates on an invite-only basis and does not accept unsolicited applications.

Grant Range

$100,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports initiatives across multiple U.S. locations and internationally, including:

  • Primary states: North Carolina, Texas, California
  • Additional locations: Atlanta, Cary, Chapel Hill, Cupertino, Delhi North West, Durham, Houston, London, Morrisville, Orlando, San Francisco, Washington, and West Chester
  • States served: California, District of Columbia, Florida, Georgia, North Carolina, Ohio, and Texas

Grant Distribution by State

9states
+1 more states

Cities

AtlantaCaryChapel HillCupertinoDurhamHoustonLos AngelesMorrisvilleNew YorkOrlandoRaleighRentonSan FranciscoSan FransiscoSugar LandWashingtonWest Chester

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2023):

  • Total Assets: $86,550,901
  • Total Revenue: $15,147,263
  • Total Expenses: $4,216,820
  • Annual Giving: $3,339,000–$3,695,000
  • Giving Rate: Approximately 3.9% of assets
  • Number of Employees: 1
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$924K$2M$3M$4M14 grants202013 grants202112 grants202213 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hindu Society of NC$1.3MRishihood Foundation$600KHindu University of Amer…$300KSchwab Charitable Fund$150KSri Venkateswara Temple …$150KVivekananda Yoga Univers…$150KGlobal Hindu Federation$125KHindu American Foundation$100KTexas Hindu Campsite Inc$100KVivekananda Yoga Univers…$100K

Grant Size Distribution

76 grants across all recorded years

27<$50K21$50–100K17$100–250K5$250–500K3$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Asha Rani Agarwal – President/Director
  • Richa Deedwania – Executive Director and Vice President/Director
  • Ankit Agarwal – Vice President/Director
  • Rohit Agarwal – Vice President/Director
  • Linwood A Jackson – Secretary/Treasurer/Director

All directors serve on a voluntary basis without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Asha Rani AgarwalPresident/Director3
Ankit AgarwalVP/Director0.5
Rohit AgarwalVP/Director0.5
Richa DeedwaniaVP/Director0.5
Linwood A JacksonSecretary/Treasurer/Director1

Recent News & Activity

Recent developments and announcements

The foundation has expanded its philanthropic reach internationally. Sajjan Agarwal, one of the foundation's namesakes, joined Rishihood University in India as a founder, with the university announcing a Rs. 100 Crore commitment to deep tech education through the Sajjan Agarwal School of Technology (SASTech), described as India's first endowed deep tech school.

Rishihood University Announces a Rs. 100 Crore Commitment to Deep Tech Education

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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