The Reddy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.5M in total assets. In 2025, it awarded 12 grants totaling $799K. Net investment income was $274K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.5M
-0.1% YoY
Annual Giving
$799K
-37.2% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$67K
-31.9% YoY
Under IRS private-foundation payout rules, The Reddy Foundation reported a distributable amount of $649K for 2025 — the minimum it must pay out in qualifying distributions.
About The Reddy Foundation
Based on IRS filings
The Reddy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.5M in total assets. In 2025, it awarded 12 grants totaling $799K. Net investment income was $274K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,516,649 | $6,525,572 | $6,810,699 |
| Revenue | $283,693 | $417,588 | $2,447,398 |
| Expenses | $814,331 | $1,313,636 | $752,457 |
| Qualifying Distributions | $804,734 | $1,274,339 | $752,457 |
| Net Investment Income | $274,301 | $413,291 | $2,447,324 |
| Distributable Amount | $649,261 | $586,210 | $559,490 |
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 2025
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Iit Madras Foundation ($634,742), Public Art Fund ($58,000), The Hindu Temple ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PRATHAM USA HOUSTON, TX | GENERAL PURPOSE | $14,000 |
| COMMUNITY FOUNDATION OF NEW JERSEY MORRISTOWN, NJ | GENERAL PURPOSE | $2,000 |
| IIT MADRAS FOUNDATION CUPERTINO, CA | GENERAL PURPOSE | $634,742 |
| THE HINDU TEMPLE FLUSHING, NY | GENERAL PURPOSE | $25,000 |
| SOLOMON R GUGGENHEIM MUSEUM NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| RURAL DEVELOPMENT INSTITUTE DBA LANDESA SEATTLE, WA | GENERAL PURPOSE | $5,000 |
| BALA MANDIR USA BETHESDA, MD | GENERAL PURPOSE | $5,000 |
| PUBLIC ART FUND NEW YORK, NY | GENERAL PURPOSE | $58,000 |
| NEW CLASSROOMS INNOVATION JERSEY CITY, NJ | GENERAL PURPOSE | $5,000 |
| RURAL EMPOWERMENT WARSAW, NC | GENERAL PURPOSE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GIRISH V REDDY | TRUSTEE/PART-TIME | — | — |
| RASIKA G REDDY | TRUSTEE/PART-TIME | — | — |
| SRINIDHI G REDDY | CO-TRUSTEE | — | — |
| JAIDEV G REDDY | CO-TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Reddy Foundation?
The Reddy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. It holds $6.5M in total assets as of 2025.
How large is The Reddy Foundation?
As of 2025, The Reddy Foundation holds $6.5M in total assets with $284K in annual revenue. It awarded 12 grants totaling $799K in 2025.
Where does The Reddy Foundation operate?
The Reddy Foundation has awarded grants in California, District of Columbia, Maryland, Minnesota, North Carolina, New Jersey, New York, Texas, Washington.
What size grants does The Reddy Foundation award?
In 2025, The Reddy Foundation awarded 12 grants totaling $799K — an average of about $67K per grant, based on its IRS Form 990 filings.
How much is The Reddy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Reddy Foundation reported a distributable amount of $649K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Reddy Foundation's EIN?
The Reddy Foundation's EIN (Employer Identification Number) is 13-3943919. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Reddy Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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