The Swaminathan and Garg Foundation
The Swaminathan and Garg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $567K in total assets. In 2024, it awarded 8 grants totaling $48K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$567K
-4.0% YoY
Annual Giving
$48K
+55.4% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$6K
-2.9% YoY
Under IRS private-foundation payout rules, The Swaminathan and Garg Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About The Swaminathan and Garg Foundation
Based on IRS filings
The Swaminathan and Garg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $567K in total assets. In 2024, it awarded 8 grants totaling $48K. Net investment income was $14K.
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 | $567,488 | $591,338 | $597,235 |
| Revenue | $28,807 | $31,228 | $57,216 |
| Expenses | $52,657 | $37,125 | $57,952 |
| Qualifying Distributions | $47,700 | $30,700 | $50,530 |
| Net Investment Income | $14,223 | $14,901 | $13,884 |
| Distributable Amount | $32,366 | $27,674 | $27,972 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Edward High School ($10,000), Ekal Vidyalaya Foundation ($10,000), You Summer to Success ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOMES OF HOPE INDIA WILMINGTON, NC | CHARITABLE CONTRIBUTION | $3,000 |
| ST EDWARD HIGH SCHOOL LAKEWOOD, OH | CHARITABLE CONTRIBUTION | $10,000 |
| SOS CHILDREN'S VILLAGE WASHINGTON, DC | CHARITABLE CONTRIBUTION | $4,700 |
| YOU SUMMER TO SUCCESS CLEVELAND, OH | CHARITABLE CONTRIBUTION | $5,000 |
| SAME CAFE DENVER, CO | CHARITABLE CONTRIBUTION | $5,000 |
| BIRTHING BEAUTIFUL COMMUNITIES CLEVELAND, OH | CHARITABLE CONTRIBUTION | $5,000 |
| EKAL VIDYALAYA FOUNDATION HOUSTON, TX | CHARITABLE CONTRIBUTION | $10,000 |
| SALVATION ARMY CLEVELAND, OH | CHARITABLE CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANJAY GARG | PRESIDENT | 0.5 | — |
| MALAVIKA N GARG | VICE PRESIDE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Swaminathan and Garg Foundation?
The Swaminathan and Garg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. It holds $567K in total assets as of 2024.
How large is The Swaminathan and Garg Foundation?
As of 2024, The Swaminathan and Garg Foundation holds $567K in total assets with $29K in annual revenue. It awarded 8 grants totaling $48K in 2024.
Where does The Swaminathan and Garg Foundation operate?
The Swaminathan and Garg Foundation has awarded grants in California, Colorado, District of Columbia, North Carolina, Ohio, Texas.
What size grants does The Swaminathan and Garg Foundation award?
In 2024, The Swaminathan and Garg Foundation awarded 8 grants totaling $48K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Swaminathan and Garg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Swaminathan and Garg Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Swaminathan and Garg Foundation's EIN?
The Swaminathan and Garg Foundation's EIN (Employer Identification Number) is 30-0405066. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Swaminathan and Garg 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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