The Murthynayak Foundation Inc
The MurthyNAYAK Foundation is a private, independent nonprofit organization established in 2001 by Sheela Murthy and Vasant Nayak. Based in Baltimore, Maryland, the foundation identifies and supports projects aligned with its mission to help disadvantaged communities, with a particular focus on the United States and India.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+0.4% YoY
Annual Giving
$256K
-26.6% YoY
Grant Count
18
-37.9% YoY
Avg Grant Size
$14K
+18.2% YoY
Mission & Focus Areas
The foundation's mission is captured in its motto: "Every Life Matters."
The foundation focuses on four primary areas:
Children — Supporting programs that address children's health and educational needs, recognizing children as hope for the future and ensuring all children have access to opportunities.
Women — Funding initiatives that support women's health, education, and economic stability, particularly for women struggling to feed and educate their children and themselves.
Arts — Supporting artists and creative expression, recognizing that through their work, artists hold both a magnifying glass and a mirror to society.
Others — Supporting individuals and families facing urgent challenges, with a focus on community well-being.
Grantmaking
The foundation makes grants across multiple focus areas. In 2024, the foundation made 46 grants. Recent grants include:
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation funds organizations in the United States and India. Within the United States, recent activity indicates a focus on the Baltimore region. In India, the foundation supports adult education and literacy, orphanages, old-age homes, and education scholarships.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $7,027,630
- Total Revenues: $226,322
- Total Expenses: $268,001
- Investment Income and Dividends: $226,322
- Number of Employees: 0
As of 2023:
- Total Assets: $7,000,000 (approximately)
- Total Revenues: $232,000
- Total Expenses: $352,000
The foundation's revenue is primarily derived from investment income and dividends rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,027,630 | $7,000,209 | $7,136,325 |
| Revenue | $226,322 | $232,142 | $700,990 |
| Expenses | $268,001 | $351,919 | $382,173 |
| Qualifying Distributions | $259,366 | $350,065 | $377,233 |
| Net Investment Income | $198,817 | $205,252 | $172,910 |
| Distributable Amount | $290,742 | $288,847 | $317,184 |
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
176 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
Sheela Murthy — Founder and primary decision-maker. A graduate of Harvard Law School with a master's in law (LL.M), Murthy established the foundation in 2001 following the September 11 attacks as a way to give back to her adopted country and help others achieve the American dream.
Vasant Nayak — Co-founder and active in foundation operations and communications.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHEELA MURTHY | PRESIDENT | 1 | — |
| VASANT NAYAK | VICE PRESIDENT | 1 | — |
| SHAY TAYLOR | SECRETARY | 1 | — |
| VIJAY NAYAK | TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
**2026 Strategic Focus** — The foundation is concentrating efforts on supporting agencies and organizations working to eliminate homelessness, combat food insecurity, and expand basic health care access in the United States.
**Cold Weather Response (February 2026)** — Sheela Murthy and the foundation contributed to emergency cold-weather efforts through St. Vincent de Paul Baltimore, supporting three 24/7 shelters serving the Baltimore region during an exceptionally cold winter.
The Murthynayak Foundation Inc - Nonprofit Explorer - ProPublica**Veterans Support (January 2026)** — The foundation donated to The Baltimore Station, a therapeutic residential and outpatient treatment program serving veterans, recognizing the challenges veterans face in transitioning to civilian life.
Supporting Baltimore\u2019s Most Vulnerable in the Coldest Winter - Murthy\**25th Anniversary (2026)** — The foundation is marking approximately 25 years of operation, having provided support since 2001 to U.S. nonprofits focused on education, empowerment, shelter, food security, legal services, and leadership training for youth and veterans.
**Educational Support** — The foundation has supported the Community College of Baltimore County.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Assets
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Charles F and Margaret Mh Obrecht
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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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