The Meera & Ashok Vasudevan Foundation

STAMFORD, CT EIN: 47-7154309

The Meera & Ashok Vasudevan Foundation (MAVF) is a private grantmaking foundation based in Stamford, Connecticut. Established as a fully funded initiative by Meera and Ashok Vasudevan, co-founders of Preferred Brands International, the foundation operates as a 501(c)(3) organization dedicated to addressing hunger and malnutrition in the United States through a sustainable, self-reliant, and healthy approach.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-3.4% YoY

Annual Giving

$404K

+10.1% YoY

Grant Count

32

-8.6% YoY

Avg Grant Size

$13K

+20.4% YoY

Under IRS private-foundation payout rules, The Meera & Ashok Vasudevan Foundation reported a distributable amount of $337K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Mission Statement: MAVF is dedicated to the idea that it is possible to permanently move people out of hunger and malnourishment in a manner that is sustainable, self-reliant and healthy.

Approach: The foundation provides grants, collaborates with, and supports an ecosystem of grassroots organizations, non-profits, research institutions, think tanks, independent scholars, artists, and social entrepreneurs aligned with its mission.

Three Primary Focus Areas:

  1. Grassroots Support — Including initiatives such as:

    • Green the Pantry: Ensuring availability of fresh produce in all food pantries across America to have an immediate and lasting effect on the health of pantry visitors
    • Remove the Stigma: Creating a fresh market image and eliminating the embarrassment associated with visiting a pantry
  2. Research & Policy — Supporting research grants to individual scholars, research organizations, and think tanks

  3. Social Entrepreneurship — Funding independent social entrepreneurs working toward sustainable solutions to hunger and malnutrition

Grantmaking

The foundation provides research grants to individual scholars, research organizations, think tanks, and supports grassroots organizations and non-profits. The foundation is open to new applicants, with approximately 12% of new applicants funded.

Grant Range

$46

Average Grant

$46

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds projects across numerous U.S. states and cities, including:

  • Major urban centers: New York, San Francisco, Washington D.C.
  • Smaller communities: Pikeville, Waban
  • States with documented funding activity: California, Texas, Massachusetts, Connecticut, Illinois, Kentucky, Louisiana, Ohio, Pennsylvania, Rhode Island, West Virginia, and others

Grant Distribution by State

19states
+11 more states

Cities

ActonAlexandriaAtlantaBaton RougeBeverlyBig IslandBostonBridgeportBrooklynCharlestonCincinnatiDanburyDarienDorchesterEl PasoElmsfordFrankfortGlencoeGreenvilleGreenwich

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $4,487,364
  • Total Expenses: $427,249
  • Total Revenue: $182,967
  • Total Liabilities: $14,500

Tax Status:

  • Designated as a 501(c)(3) organization
  • Tax-exempt since January 2016
  • EIN: 47-7154309
  • Donations are tax-deductible
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$133K$266K$399K$531K20202021202220232024
Metric202420232022
Total Assets$4,336,844$4,487,364$4,731,292
Revenue$314,004$182,967$278,797
Expenses$464,689$427,249$385,147
Qualifying Distributions$424,107$390,242$350,525
Net Investment Income$274,498$149,320$244,626
Distributable Amount$337,479$298,292$300,941

Giving Over Time

Total grant dollars and number of grants per year

$0$101K$202K$303K$404K40 grants202036 grants202136 grants202235 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERIT AMERICA$50KYEAR UP UNITED$50KBROOKLYN WORKFORCE INNOV…$25KDAILY TABLE$25KSTRIVE INTERNATIONAL INC$25KHOT BREAD KITCHEN$20KJEWISH VOCATIONAL & CARE…$20KTHE SOCIETY OF ST ANDREW…$20KHOPE MINISTRIES OF BATON…$10KHOPE'S HARVEST$10K

Grant Size Distribution

179 grants across all recorded years

176<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Merit America ($50,000), Year up United ($50,000), Brooklyn Workforce Innovation ($25,000).

RecipientPurposeAmount
BOSTON AREA GLEANERS USA ACTON, MAGENERAL SUPPORT$5,000
BRIGHTER BITES INC HOUSTON, TXGENERAL SUPPORT$7,500
BROOKLYN WORKFORCE INNOVATION BROOKLYN, NYGENERAL SUPPORT$25,000
BUILDING ONE COMMUNITY STAMFORD, CTGENERAL SUPPORT$7,000
CARING FOR THE HUNGRY & HOMELESS PEEKSKILL, NYGENERAL SUPPORT$8,000
DAILY TABLE DORCHESTER, MAGENERAL SUPPORT$25,000
DC CENTRAL KITCHEN INC WASHINGTON, DCGENERAL SUPPORT$8,000
EL PASOANS FIGHTING HUNGER FOOD BANK EL PASO, TXGENERAL SUPPORT$8,000
EXTRA TABLE HATTIESBURG, MSGENERAL SUPPORT$8,000
FARESTART SEATTLE, WAGENERAL SUPPORT$7,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founders & Co-Presidents:

  • Meera Vasudevan — Co-founder and Co-President (serves without compensation)
  • Ashok Vasudevan — Co-founder and Co-President (serves without compensation)

Staff:

  • Bob Wells — Program Coordinator

Meera and Ashok Vasudevan met in Chennai in 1980 and were married two years later. After careers in various cities including Mumbai and New Delhi, they established their home in Stamford, Connecticut nearly 25 years ago. In 1995, they co-founded Preferred Brands International, which manufactures and markets TastyBite® and other natural and organic foods sold internationally across the USA, Canada, Australia, New Zealand, UK, Japan, and India.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASHOK VASUDEVANCO-PRESIDENT1
MEERA VASUDEVANCO-PRESIDENT1

Recent News & Activity

Recent developments and announcements

2017

In 2017, Meera and Ashok Vasudevan received the Alliance to End Hunger Partnership Award, presented by Bread for the World and The Alliance to End Hunger, recognizing their work and commitment to ending hunger and malnutrition.

Contact Information

Address: 2777 Summer Street, Suite 401 Stamford, CT 06905-4324

Phone: 203-327-7151

Website: www.mavfoundation.org

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Meera & Ashok Vasudevan Foundation fund?

**Mission Statement:** MAVF is dedicated to the idea that it is possible to permanently move people out of hunger and malnourishment in a manner that is sustainable, self-reliant and healthy. **Approach:** The foundation provides grants, collaborates with, and supports an ecosystem of grassroots organizations, non-profits, research institutions, think tanks, independent scholars, artists, and social entrepreneurs aligned with its mission. **Three Primary Focus Areas:** 1. **Grassroots Support**…

How do I apply for a grant from The Meera & Ashok Vasudevan Foundation?

**Grant Activity (2023):** • Total giving: $366,500 • Number of grants: 8,194 • Average grant size: $46 **Grant Types:** The foundation provides research grants to individual scholars, research organizations, think tanks, and supports grassroots organizations and non-profits. The foundation is open to new applicants, with approximately 12% of new applicants funded. **Application Process:** Specific application procedures are not detailed in available sources. Interested organizations should con…

Where does The Meera & Ashok Vasudevan Foundation make grants?

The foundation funds projects across numerous U.S. states and cities, including: • Major urban centers: New York, San Francisco, Washington D.C. • Smaller communities: Pikeville, Waban • States with documented funding activity: California, Texas, Massachusetts, Connecticut, Illinois, Kentucky, Louisiana, Ohio, Pennsylvania, Rhode Island, West Virginia, and others

What size grants does The Meera & Ashok Vasudevan Foundation award?

In 2024, The Meera & Ashok Vasudevan Foundation awarded 32 grants totaling $404K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is The Meera & Ashok Vasudevan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Meera & Ashok Vasudevan Foundation reported a distributable amount of $337K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Meera & Ashok Vasudevan Foundation's EIN?

The Meera & Ashok Vasudevan Foundation's EIN (Employer Identification Number) is 47-7154309. IRS Form 990 filing data is available on this page for 2020–2024.

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

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