The Reddy Foundation
The Reddy Foundation is a private foundation based in Summit, New Jersey. Its 2024 filing states that it supports other tax-exempt organizations through contributions and is not involved in direct charitable activities.
The Reddy Foundation at a glance
In short: The Reddy Foundation gave $799K across 12 grants in 2025 (avg $67K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $798,742
- -37.2% vs 2024
- Grants made (2025)
- 12
- -7.7% vs 2024
- Average grant
- $66,562
- -31.9% vs 2024
- Median grant
- $12,000
- Total assets
- $6,516,649
- -0.1% vs 2024
- Primary geography
- California (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Reddy Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 70 Hillcrest Avenue, Summit, NJ 07901
Phone: (201) 314-5333
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Reddy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was IIT Madras Foundation ($635K). Together the top 10 received $792K.
Grant Size Distribution
47 grants across all recorded years
The most common grant size was under $50K: 35 grants of 47 (74%).
Geographic Focus
Where this funder awards grants
In 2025, 79% of grant dollars went to recipients in California and 14% to recipients in New York. North Carolina, Texas, and Minnesota each received 1%–2% of grant dollars: 2% each for North Carolina and Texas, and 1% for Minnesota.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
How The Reddy Foundation gives
- 42% of 2025 grantees were also funded in 2024. Method
- Giving grew 38% from 2022 to 2025. Method
- In 2025 it paid out 124% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $380K (2021) to $1.3M (2024). In 2025 it made 12 grants totaling $799K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IIT Madras Foundation Cupertino, CA | General Purpose | $634,742 |
| Public Art Fund New York, NY | General Purpose | $58,000 |
| The Hindu Temple Flushing, NY | General Purpose | $25,000 |
| Rural Empowerment Warsaw, NC | General Purpose | $15,000 |
| South Asian Youth Action Queens, NY | General Purpose | $15,000 |
| Pratham USA Houston, TX | General Purpose | $14,000 |
| Solomon R Guggenheim Museum New York, NY | General Purpose | $10,000 |
| Wolf Ridge Environmental Learning Center Finland, MN | General Purpose | $10,000 |
| Rural Development Institute DBA Landesa Seattle, WA | General Purpose | $5,000 |
| Bala Mandir USA Bethesda, MD | General Purpose | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,516,649 | $283,693 | $814,331 | $798,742 | 12 | $804,734 | $274,301 | $649,261 |
| 2024 | $6,525,572 | $417,588 | $1,313,636 | $1,271,089 | 13 | $1,274,339 | $413,291 | $586,210 |
| 2023 | $6,810,699 | $2,447,398 | $752,457 | $750,957 | 7 | $752,457 | $2,447,324 | $559,490 |
| 2022 | $4,596,657 | $182,399 | $592,520 | $578,020 | 14 | $580,270 | $180,149 | $697,462 |
| 2021 | $4,814,872 | $969,014 | $384,000 | $380,000 | 1 | — | $278,619 | $514,958 |
| 2020 | $4,592,058 | $265,429 | $430,257 | $419,916 | 1 | — | $264,473 | $446,075 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 filing lists its program description as “excess of FMV over donor’s cost basis of securities donated to charity.” Its grants show support for organizations working in areas including education and research, public art, environmental learning, and community philanthropy. For example, IIT Madras Foundation describes its mission as promoting education and scientific and technological research at the Indian Institute of Technology Madras; Public Art Fund describes its work as presenting free contemporary art exhibitions; and Wolf Ridge Environmental Learning Center describes its mission as developing knowledge and motivation to work for a quality environment. These are the grantees’ stated missions.
Grantmaking
In filing year 2025, the foundation gave $798,742 through 12 grants. Grant amounts ranged from $2,000 to $634,742, with a median grant of $12,000. All listed grants had a general-purpose designation.
The largest grant was $634,742 to IIT Madras Foundation. Other notable grants were $58,000 to Public Art Fund, $25,000 to The Hindu Temple, $15,000 each to Rural Empowerment and South Asian Youth Action, and $14,000 to Pratham USA.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Girish V Reddy and Rasika G Reddy as part-time trustees, and Srinidhi G Reddy and Jaidev G Reddy as co-trustees.
The Reddy Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Girish V. Reddy
Trustee & Part-Time
On filings since 2020
No compensation reported
Jaidev G. Reddy
Co-Trustee
On filings since 2020
No compensation reported
Rasika G. Reddy
Trustee & Part-Time
On filings since 2020
No compensation reported
Srinidhi G. Reddy
Co-Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Reddy Foundation
How much does The Reddy Foundation give each year?
The Reddy Foundation gave $799K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 13 grants.
What is The Reddy Foundation's typical grant size?
The Reddy Foundation's median grant in 2025 was $12,000, and its average grant was $66,562, across 12 grants on its 2025 IRS Form 990-PF.
Where does The Reddy Foundation give grants?
The Reddy Foundation gives mostly in California: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (14%). The most frequent recipient cities were New York, NY (2 grants).
Does The Reddy Foundation give general operating support?
Yes: 100% of The Reddy Foundation's 2025 grants with a stated purpose (12 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Reddy Foundation's largest grantees?
The Reddy Foundation's largest 2025 grantees include IIT Madras Foundation ($634,742), Public Art Fund ($58,000) and The Hindu Temple ($25,000), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.
How large is The Reddy Foundation?
The Reddy Foundation reported $6.5M in total assets on its 2025 IRS Form 990-PF. It paid out $805K in qualifying distributions that year, against a required minimum of $649K (roughly 5% of its investment assets).
What does The Reddy Foundation fund?
The foundation’s 2024 filing lists its program description as “excess of FMV over donor’s cost basis of securities donated to charity.” Its grants show support for organizations working in areas including education and research, public art, environmental learning, and community philanthropy. See mission & focus areas ↑
How do I apply for a grant from The Reddy Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Reddy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Reddy Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Reddy Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Reddy Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-reddy-foundation-morg_39a2dd6105b54a2eb061b44ccc37e949
BibTeX
@misc{grantable_133943919_2026,
author = {{Grantable}},
title = {{The Reddy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-reddy-foundation-morg_39a2dd6105b54a2eb061b44ccc37e949},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Reddy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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