The Kurian Foundation Trust
The Kurian Foundation Trust is a private, nonprofit family foundation based in Stow, Massachusetts. Founded in 2005 by Thampy Kurian, a businessman, and his wife Dr. Molly Kurian, the foundation is dedicated to transforming lives through meaningful philanthropy. The foundation was established with inspiration drawn from corporate social responsibility principles and the belief that success is measured by what one gives back to the community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.7M
+26.9% YoY
Annual Giving
$649K
+22.7% YoY
Grant Count
32
+39.1% YoY
Avg Grant Size
$20K
-11.8% YoY
Mission & Focus Areas
The foundation's mission is rooted in the principle "Freely you have received...freely give." The Kurian Foundation Trust focuses on:
- Education — supporting education scholarships and academic opportunities
- Healthcare — providing critical medical support, particularly through partnership with Bangalore Baptist Hospital
- Christian Ministry — funding ministries and building projects
- Community Development — supporting public libraries and community centers
- Intercultural Understanding — promoting cross-cultural awareness and exchange
- Poverty Relief — addressing health and poverty relief initiatives
Grantmaking
The foundation made 27 grants in 2023. Typical grant awards range from $100 to $475,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- New York
- Texas
- India (particularly Bangalore)
The foundation has a strong connection to India through Dr. Molly Kurian's background as an alumna of Bangalore Medical College.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $13,128,869
- Total Giving: $528,480
- Total Revenues: $951,560
- Total Expenses: $642,295
- Investment Income and Dividends: $107,555
As of 2024:
- Total Assets: $16.7 Million
- Total Liabilities: $4.31 Million
- Revenue: $1.68 Million
- Expenses: $936,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,664,855 | $13,128,869 | $10,142,364 |
| Revenue | $-1,676,494 | $951,560 | $123,588 |
| Expenses | $935,710 | $642,295 | $705,893 |
| Qualifying Distributions | $648,605 | $528,480 | $544,791 |
| Net Investment Income | — | $33,981 | $40,441 |
| Distributable Amount | $733,693 | $572,671 | $893,948 |
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
115 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
- Thampy Kurian — Founder
- Dr. Molly Kurian — Founder
- Thomas Varughese — India Liaising Officer
Both founders are immigrants to the United States who have dedicated themselves to giving back to their communities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THAMPY KURIAN | TRUSTEE | 3 | — |
| MOLLY KURIAN | TRUSTEE | 5 | — |
Subject 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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