The Mahatma - Dharma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $1.6M in total assets. In 2022, it awarded 9 grants totaling $41K. Net investment income was $81K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$1.6M
+0.1% YoY
Annual Giving
$41K
-37.9% YoY
Grant Count
9
-43.8% YoY
Avg Grant Size
$5K
+10.4% YoY
About The Mahatma - Dharma Foundation
Based on IRS filings
The Mahatma - Dharma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $1.6M in total assets. In 2022, it awarded 9 grants totaling $41K. Net investment income was $81K.
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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $1,569,445 | $1,567,703 | $1,346,900 |
| Revenue | $294,663 | $91,000 | $54,507 |
| Expenses | $42,432 | $72,035 | $86,944 |
| Qualifying Distributions | $41,000 | — | — |
| Net Investment Income | $80,688 | $91,002 | $55,002 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2022
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Baylor College of Medicine ($5,000), Rice University ($5,000), Colorado School of Mines Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IRVING HEALTHCARE FOUNDATION IRVING, TX | Healthcare | $3,000 |
| BAYLOR COLLEGE OF MEDICINE HOUSTON, TX | Health Care Education | $5,000 |
| RICE UNIVERSITY HOUSTON, TX | Education | $5,000 |
| COLORADO SCHOOL OF MINES FOUNDATION DENVER, CO | Education | $5,000 |
| WILLS EYE FOUNDATION PHILADELPHIA, PA | HEALTHCARE | $5,000 |
| HOCKADAY SCHOOL DALLAS, TX | EDUCATION | $3,000 |
| TEXAS SCOTTISH RITE HOSPITAL FOR CH DALLAS, TX | HEALTH CARE | $5,000 |
| UT SOUTHWESTERN MEDICAL CENTER DALLAS, TX | EDUCATION | $5,000 |
| TEXAS WOMAN'S UNIVERSITY DENTON, TX | EDUCATIONAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MAHENDRA MAHATMA | President | 1 | — |
| SHASHI DHARMA | Vice President | 1 | — |
| GINA MAHATMA | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mahatma - Dharma Foundation?
The Mahatma - Dharma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $1.6M in total assets as of 2022.
How large is The Mahatma - Dharma Foundation?
As of 2022, The Mahatma - Dharma Foundation holds $1.6M in total assets with $295K in annual revenue. It awarded 9 grants totaling $41K in 2022.
Where does The Mahatma - Dharma Foundation operate?
The Mahatma - Dharma Foundation has awarded grants in California, Colorado, Indiana, Louisiana, New York, Pennsylvania, Texas.
What size grants does The Mahatma - Dharma Foundation award?
In 2022, The Mahatma - Dharma Foundation awarded 9 grants totaling $41K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is The Mahatma - Dharma Foundation's EIN?
The Mahatma - Dharma Foundation's EIN (Employer Identification Number) is 46-4048609. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in The Mahatma - Dharma Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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