The Nilendu and Renu Srivastava Family
The Nilendu and Renu Srivastava Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNFIELD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.9M in total assets. In 2024, it awarded 6 grants totaling $434K. Net investment income was $922K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.9M
+304.1% YoY
Annual Giving
$434K
+215.7% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$72K
+57.9% YoY
Under IRS private-foundation payout rules, The Nilendu and Renu Srivastava Family reported a distributable amount of $312K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nilendu and Renu Srivastava Family
Based on IRS filings
The Nilendu and Renu Srivastava Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNFIELD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.9M in total assets. In 2024, it awarded 6 grants totaling $434K. Net investment income was $922K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,904,623 | $4,925,958 | $4,200,139 |
| Revenue | $15,438,852 | $880,864 | $393,719 |
| Expenses | $459,709 | $154,194 | $17,792 |
| Qualifying Distributions | $434,499 | $137,615 | — |
| Net Investment Income | $921,682 | $112,893 | $89,844 |
| Distributable Amount | $311,791 | $197,543 | $169,665 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ved Vignan Maha Vidya Peeth ($280,100), The Akshaya Patra Foundation Usa ($101,000), Art of Living Foundation - Care for Children ($39,420).
| Recipient | Purpose | Amount |
|---|---|---|
| ART OF LIVING FOUNDATION - CARE FOR CHILDREN CUPERTINO, CA | TO PROVIDE SUPPORT FOR HOLISTIC EDUCATION TO CHILDREN FROM DISADVANTAGED BACKGROUNDS IN RURAL, TRIBAL AND URBAN COMMUNITIES. | $39,420 |
| HINDU TEMPLE OF NH NASHUA, NH | TO OFFER SERVICES AND OPPORTUNITIES TO SATISFY THE RELIGIOUS, SPIRITUAL AND CULTURAL NEEDS OF THE HINDU COMMUNITY IN THE NEW ENGLAND AREA | $2,879 |
| VED VIGNAN MAHA VIDYA PEETH NASHUA, NH | TO DEVELOP AN EDUCATIONAL AND CHARITABLE ORGANIZATION TO TEACH AND DISSEMINATE MATERIAL TO THE PUBLIC, INCLUDING BUT NOT LIMITED TO, RELATING TO STRESS MANAGEMENT, PERSONALITY DEVELOPMENT, MEDITATION, YOGA AND UPLIFTING HUMAN VALUES. | $280,100 |
| THE AKSHAYA PATRA FOUNDATION USA FREMONT, CA | TO SUPPORT SCHOOL MEAL PROGRAMS TO CHILDREN ACROSS INDIA | $101,000 |
| INTERNATIONAL ASSOCIATION FOR HUMAN VALUES WASHINGTON, DC | TO SUPPORT HUMANITARIAN INITIATIVES THAT SOLVE PROBLEMS BY UPLIFTING HUMAN VALUES | $11,000 |
| HOLLIS FIREMENS ASSOCATION HOLLIS, NH | TO SUPPORT THE HOLLIS FIREMENS ASSOCIATION | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NILENDU SRIVASTAVA | DONOR & TRUSTEE | 1 | — |
| RENU SRIVASTAVA | DONOR & TRUSTEE | 1 | — |
| BHASKAR SRIVASTAVA | TRUSTEE | 1 | — |
| RACHANA S SUCHDEV | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nilendu and Renu Srivastava Family?
The Nilendu and Renu Srivastava Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNFIELD, MA. It holds $19.9M in total assets as of 2024.
How large is The Nilendu and Renu Srivastava Family?
As of 2024, The Nilendu and Renu Srivastava Family holds $19.9M in total assets with $15.4M in annual revenue. It awarded 6 grants totaling $434K in 2024.
Where does The Nilendu and Renu Srivastava Family operate?
The Nilendu and Renu Srivastava Family has awarded grants in California, District of Columbia, New Hampshire.
What size grants does The Nilendu and Renu Srivastava Family award?
In 2024, The Nilendu and Renu Srivastava Family awarded 6 grants totaling $434K — an average of about $72K per grant, based on its IRS Form 990 filings.
How much is The Nilendu and Renu Srivastava Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nilendu and Renu Srivastava Family reported a distributable amount of $312K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nilendu and Renu Srivastava Family's EIN?
The Nilendu and Renu Srivastava Family's EIN (Employer Identification Number) is 81-4679378. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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