The Indu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $41K in total assets. In 2024, it awarded 5 grants totaling $12K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41K
-9.2% YoY
Annual Giving
$12K
+15.0% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$2K
-31.0% YoY
About The Indu Foundation
Based on IRS filings
The Indu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $41K in total assets. In 2024, it awarded 5 grants totaling $12K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,993 | $45,169 | $51,847 |
| Revenue | $3,832 | $5,789 | $8,183 |
| Expenses | $12,148 | $13,238 | $19,574 |
| Qualifying Distributions | $11,535 | $12,410 | $18,585 |
| Net Investment Income | $3,219 | $4,961 | $6,331 |
| Distributable Amount | $2,192 | $2,413 | $3,269 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| INDU S JAVERI | TRUSTEE | — | — |
| JOSHUA M ISAACS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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