The Kundu Foundation Inc

Private foundation · Grantmaker Weymouth, MA EIN: 04-3534283

The Kundu Foundation Inc is a private foundation based in Weymouth, Massachusetts. Its 2025 filing reports grants to charitable organizations, including organizations in Massachusetts and other states; the foundation states that it contributes only to preselected charitable organizations.

The Kundu Foundation Inc at a glance

In short: The Kundu Foundation Inc gave $76K across 11 grants in 2025 (avg $7K), mostly in California. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$75,937
+17.6% vs 2024
Grants made (2025)
11
+10.0% vs 2024
Average grant
$6,903
+6.9% vs 2024
Median grant
$240
Total assets
$1,381,279
+10.5% vs 2024
New grantees (estimate)
36% first-time grantees (4 of 11, 2025; small sample)
Primary geography
California (77% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Kundu Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 37 School House Rd 10, Weymouth, MA 02188-4164
Phone: (617) 767-7887

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Kundu Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Asti: $59KAsti$59KGreater Boston Food Bank: $8KGreater Boston Food Bank$8KConcord Academy: $5KConcord Academy$5KPrinceton University: $2KPrinceton University$2KNew York University: $2KNew York University$2KWbur: $240Wbur$240American Foundation for Suicide Prevention: $105American Foundation forSuicide Prevention$105Pan-Mass Challenge: $103Pan-Mass Challenge$103Revere and Son Heritage Trust Corporation: $100Revere and Son Heritage TrustCorporation$100St Jude Children's Research Hospital: $52St Jude Children's ResearchHospital$52

The largest 2025 recipient was Asti ($59K). Together the top 10 received $76K.

Grant Size Distribution

49 grants across all recorded years

45<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 45 grants of 49 (92%).

Geographic Focus

Where this funder awards grants

The 2025 grant dollars were distributed among recipients in California (77%), Massachusetts (18%), New Jersey (3%), New York (2%), and Tennessee (0%, rounded as reported).

Grant Distribution by State

10states

Share of 2025 grant dollars across all 11 itemized grants.

Cities

BostonCosta MesaCambridgeNeedhamConcordNew YorkPrincetonLexingtonNewtonCantonWashingtonDallasHoustonManchesterMarlboroughMattapoisettMemphisSpokaneWoburn

Is The Kundu Foundation Inc open to new grantees?

36%

first-time grantees, 2025

In 2025, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $421; repeat grants $11K. How we count

Medians: $79 first-time, $2K repeat.

  • 55% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−5%). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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

$0$20K$40K$60K$80K9 grants2019 9 grants2020 10 grants2021 7 grants2022 11 grants2023 10 grants2024 11 grants2025

From 2019 to 2025, annual grant giving ranged from $22K (2019) to $80K (2022). In 2025 it made 11 grants totaling $76K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Asti Costa Mesa, CAsupporting foundation purposes$58,820
Greater Boston Food Bank Boston, MAsupporting foundation purposes$8,000
Concord Academy Concord, MAsupporting foundation purposes$5,000
Princeton University Princeton, NJsupporting foundation purposes$1,992
New York University New York, NYsupporting foundation purposes$1,500
Wbur Boston, MAsupporting foundation purposes$240
American Foundation for Suicide Prevention New York, NYsupporting foundation purposes$105
Pan-Mass Challenge Needham, MAsupporting foundation purposes$103
Revere and Son Heritage Trust Corporation Canton, MAsupporting foundation purposes$100
St Jude Children's Research Hospital Memphis, TNsupporting foundation purposes$52
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$1,381,279$84,346$77,883$75,93711$75,937$84,346
2024$1,249,721$30,735$71,960$64,56910$66,109$24,884
2023$1,051,992$15,640$65,740$63,41211$65,542$15,442
2022$890,987$17,003$81,457$79,6117$80,976$27,242
2021$1,211,256$71,577$71,813$70,12310$70,123$70,874
2020$1,086,232$174,976$63,873$62,1789—$63,269
2019$868,311$52,917$24,587$22,1029—$23,881

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied purposes. For example, the Greater Boston Food Bank describes its work as acquiring, sorting, and distributing food through member agencies and direct distribution sites. Concord Academy describes itself as a learning community that seeks to build a more just and sustainable future. St. Jude Children’s Research Hospital says its mission is to advance cures and prevention for pediatric catastrophic diseases through research and treatment.

Grantmaking

In filing year 2025, the foundation made 11 grants totaling $75,937. Grant amounts ranged from $25 to $58,820, with a median grant of $240. Its largest reported grants were $58,820 to ASTI in Costa Mesa, California; $8,000 to the Greater Boston Food Bank; and $5,000 to Concord Academy. Other listed recipients included Princeton University ($1,992), New York University ($1,500), and WBUR ($240).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Malay Kundu as president and treasurer, and Steven A Branson as clerk.

The Kundu Foundation Inc is led by Malay Kundu, President & Treasurer on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Malay Kundu

    President & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steven A Branson

    Clerk

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The Kundu Foundation Inc

How much does The Kundu Foundation Inc give each year?

The Kundu Foundation Inc gave $76K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $65K across 10 grants.

What is The Kundu Foundation Inc's typical grant size?

The Kundu Foundation Inc's median grant in 2025 was $240, and its average grant was $6,903, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Kundu Foundation Inc that year got $421 on average.

Where does The Kundu Foundation Inc give grants?

The Kundu Foundation Inc gives mostly in California: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (18%). The most frequent recipient cities were Boston, MA (2 grants) and New York, NY (2 grants).

Does The Kundu Foundation Inc give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on The Kundu Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Supporting Foundation Purposes" (11 grants).

Who are The Kundu Foundation Inc's largest grantees?

The Kundu Foundation Inc's largest 2025 grantees include Asti ($58,820), Greater Boston Food Bank ($8,000) and Concord Academy ($5,000), according to its 2025 IRS Form 990-PF. Together they received 95% of its itemized 2025 grant dollars.

How large is The Kundu Foundation Inc?

The Kundu Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $84K.

What does The Kundu Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied purposes. For example, the Greater Boston Food Bank describes its work as acquiring, sorting, and distributing food through member agencies and direct distribution sites. See mission & focus areas ↑

How do I apply for a grant from The Kundu Foundation Inc?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Kundu Foundation Inc's EIN?

The Kundu Foundation Inc's EIN (Employer Identification Number) is 04-3534283. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Kundu Foundation Inc 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

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 15, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)

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Cite this profile

Grantable. (2026). The Kundu Foundation Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/the-kundu-foundation-inc-morg_74ba7b46a8514a1f9f709492b0b755c5

BibTeX
@misc{grantable_043534283_2026,
  author       = {{Grantable}},
  title        = {{The Kundu Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-kundu-foundation-inc-morg_74ba7b46a8514a1f9f709492b0b755c5},
  note         = {Accessed 2026-10-19. 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 Kundu Foundation Inc'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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