The Prasad Family Foundation Inc
The Prasad Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLASTONBURY, CT. IRS filing data is available for 2020. In 2020, it awarded 2 grants totaling $6K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$6K
Grant Count
2
Avg Grant Size
$3K
Under IRS private-foundation payout rules, The Prasad Family Foundation Inc reported a distributable amount of $25 for 2020 — the minimum it must pay out in qualifying distributions.
About The Prasad Family Foundation Inc
Based on IRS filings
The Prasad Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLASTONBURY, CT. IRS filing data is available for 2020. In 2020, it awarded 2 grants totaling $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $5,724 |
| Expenses | $6,245 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | $25 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2020
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Alex Marin ($5,000), Kobe Ramanan ($515).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEX MARIN HARTFORD, CT | SCHOLARSHIPSCHOLARSHIP | $5,000 |
| KOBE RAMANAN SOUTH GLASTONBURY, CT | SCHOLARSHIP | $515 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PRASAD SRINIVASAN | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Prasad Family Foundation Inc?
The Prasad Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in GLASTONBURY, CT. It holds — in total assets as of 2020.
Where does The Prasad Family Foundation Inc operate?
The Prasad Family Foundation Inc has awarded grants in Connecticut.
What size grants does The Prasad Family Foundation Inc award?
In 2020, The Prasad Family Foundation Inc awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Prasad Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, The Prasad Family Foundation Inc reported a distributable amount of $25 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Prasad Family Foundation Inc's EIN?
The Prasad Family Foundation Inc's EIN (Employer Identification Number) is 06-1564486. IRS Form 990 filing data is available on this page for 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.