The Prem & Sandhya Jain Family
The Prem & Sandhya Jain Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $584K. Net investment income was $580K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+17.8% YoY
Annual Giving
$584K
+71.9% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$65K
+33.7% YoY
Under IRS private-foundation payout rules, The Prem & Sandhya Jain Family reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Prem & Sandhya Jain Family
Based on IRS filings
The Prem & Sandhya Jain Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $584K. Net investment income was $580K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,614,570 | $1,370,932 | $1,645,690 |
| Revenue | $886,974 | $123,224 | $112,596 |
| Expenses | $643,336 | $397,982 | $556,692 |
| Qualifying Distributions | $583,620 | $339,605 | $502,250 |
| Net Investment Income | $579,678 | $41,340 | $45,941 |
| Distributable Amount | $1,904 | $5,974 | $124,976 |
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 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bitsaa ($250,000), Arihanta Institute ($205,000), Ankit Jain - Daf ($57,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ANKIT JAIN - DAF LOS ANGELES, CA | DONOR-ADVISED FUND | $57,500 |
| ARIHANTA INSTITUTE SAN JOSE, CA | EDUCATION | $205,000 |
| JAIN ASSOCIATIONS IN NORTH AMERICA MILPITAS, CA | EDUCATING YOUTH | $15,000 |
| JAIN CENTER OF NORTHERN CALIFORNIA MILPITAS, CA | EDUCATING YOUTH | $11,100 |
| UNIVERSITY OF WISCONSIN FOUNDATION MADISON, WI | EDUCATION | $10,000 |
| JAIN CENTER OF GREATER SACRAMENTO SACRAMENTO, CA | EDUCATING YOUTH | $25,000 |
| MOHIT JAIN - DAF VENICE, CA | DONOR-ADVISED FUND | $10,000 |
| MADERA ELEMENTARY FOUNDATION EL CERRITO, CA | EDUCATION | $20 |
| BITSAA SUNNYVALE, CA | EDUCATION | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PREM JAIN | CHIEF EXECUTIVE OFFICER | 24 | — |
| MOHIT JAIN | SECRETARY | 24 | — |
| ANKIT K JAIN | CHIEF FINANCIAL OFFICER | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Prem & Sandhya Jain Family?
The Prem & Sandhya Jain Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. It holds $1.6M in total assets as of 2024.
How large is The Prem & Sandhya Jain Family?
As of 2024, The Prem & Sandhya Jain Family holds $1.6M in total assets with $887K in annual revenue. It awarded 9 grants totaling $584K in 2024.
Where does The Prem & Sandhya Jain Family operate?
The Prem & Sandhya Jain Family has awarded grants in California, Virginia, Wisconsin.
What size grants does The Prem & Sandhya Jain Family award?
In 2024, The Prem & Sandhya Jain Family awarded 9 grants totaling $584K — an average of about $65K per grant, based on its IRS Form 990 filings.
How much is The Prem & Sandhya Jain Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Prem & Sandhya Jain Family reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Prem & Sandhya Jain Family's EIN?
The Prem & Sandhya Jain Family's EIN (Employer Identification Number) is 27-1291216. 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.