The Vasant and Prabha Rathi Foundation
The Vasant and Prabha Rathi Foundation is a private foundation based in Wilmington, Delaware. Its 2025 filing reports grants to charitable organizations, including organizations supporting education, health, humanitarian work, and Hindu thought and culture.
The Vasant and Prabha Rathi Foundation at a glance
In short: The Vasant and Prabha Rathi Foundation gave $1.2M across 28 grants in 2025 (avg $43K), mostly in California. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,216,600
- +27.1% vs 2024
- Grants made (2025)
- 28
- -17.6% vs 2024
- Average grant
- $43,450
- +54.4% vs 2024
- Median grant
- $30,500
- Total assets
- $17,469,112
- +17.1% vs 2024
- New grantees (estimate)
- 11% first-time grantees (3 of 28, 2025)
- Primary geography
- California (68% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Vasant and Prabha Rathi Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Vasant and Prabha Rathi Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Param Shakti Peeth of America Foundation ($236K). Together the top 10 received $811K.
Grant Size Distribution
151 grants across all recorded years
The most common grant size was under $50K: 109 grants of 151 (72%).
Geographic Focus
Where this funder awards grants
In 2025, California recipients received 68% of grant dollars. Texas received 9%, Florida 7%, and Pennsylvania and New Jersey 4% each.
Grant Distribution by State
Share of 2025 grant dollars across all 28 itemized grants.
States
Cities
Is The Vasant and Prabha Rathi Foundation open to new grantees?
11%
first-time grantees, 2025
In 2025, 3 of 28 grantees (11%) were first-time recipients. First grants averaged $25K; repeat grants $46K. How we count
Medians: $25K first-time, $36K repeat.
- 86% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $606K (2019) to $1.2M (2025). In 2025 it made 28 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Param Shakti Peeth of America Foundation Rancho Palos Verdes, CA | General & Unrestricted | $236,000 |
| Uc San Diego Foundation La Jolla, CA | Establishing Rathi Endowed Chair | $175,000 |
| Ekal Vidyalaya Foundation of USA Inc Houston, TX | General & Unrestricted | $50,000 |
| Hindu American Foundation Inc Philadelphia, PA | General & Unrestricted | $50,000 |
| Hindu University of America Inc Orlando, FL | General & Unrestricted | $50,000 |
| Jain Center of Southern California Buena Park, CA | Charitable Event | $50,000 |
| Joy of Helping La Habra, CA | General & Unrestricted | $50,000 |
| Pratham USA Houston, TX | General & Unrestricted | $50,000 |
| Sankara Eye Foundation USA Milpitas, CA | General & Unrestricted | $50,000 |
| Share a Smile Jersey City, NJ | General & Unrestricted | $50,000 |
Ready to take the next step with The Vasant and Prabha Rathi Foundation?
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 | $17,469,112 | $4,159,255 | $1,505,313 | $1,216,600 | 28 | $1,269,079 | $2,262,494 | $1,439,311 |
| 2024 | $14,916,196 | $2,836,944 | $1,217,443 | $957,000 | 34 | $1,008,451 | $981,981 | $1,271,397 |
| 2023 | $13,257,002 | $1,660,831 | $1,104,663 | $873,350 | 28 | $923,793 | $710,230 | $1,000,177 |
| 2022 | $12,725,576 | $1,662,576 | $1,253,672 | $1,018,100 | 28 | $1,069,231 | $1,141,775 | $931,926 |
| 2021 | $12,353,680 | $649,926 | $987,255 | $743,500 | 33 | $792,482 | $640,935 | $1,065,777 |
| 2020 | $12,657,632 | $1,863,800 | $804,104 | $611,500 | 29 | — | $1,184,695 | $797,568 |
| 2019 | $11,501,608 | $1,794,630 | $777,750 | $605,500 | 35 | — | $592,886 | $648,673 |
Under IRS private-foundation payout rules, The Vasant and Prabha Rathi Foundation reported a distributable amount of $1.4M 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
No mission statement for the foundation is provided. Its 2025 grants include support for a range of charitable organizations. For example, UC San Diego Foundation says its mission is to raise private support for the university’s research, teaching, and public service; Sankara Eye Foundation USA says it works to eradicate curable blindness in India; and Ekal Vidyalaya Foundation of USA says it aims to provide elementary education and primary healthcare to children in remote and rural India.
Other 2025 grantees describe their work as advancing the understanding and rights of Hindu Americans (Hindu American Foundation), providing education and spiritual study in Hindu thought (Hindu University of America), empowering specially abled people through education, employment, and accessibility (Voice of Specially Abled People), and supporting grassroots social and humanitarian causes (Joy of Helping).
Grantmaking
In filing year 2025, the foundation made 28 grants totaling $1,216,600. Grant amounts ranged from $1,000 to $236,000, with a median of $30,500.
The largest grant listed was $236,000 to Param Shakti Peeth of America Foundation for general and unrestricted purposes. UC San Diego Foundation received $175,000 to establish the Rathi Endowed Chair. Other grants included $50,000 each to Ekal Vidyalaya Foundation of USA, Hindu American Foundation, Hindu University of America, Joy of Helping, Sankara Eye Foundation USA, and Voice of Specially Abled People. Akshaya Patra Foundation (USA) received $25,000.
Leadership & Key People
Leadership team and compensation from IRS filings
Vasant Rathi is listed as director, president, secretary, and treasurer on the 2025 filing.
The Vasant and Prabha Rathi Foundation is led by Vasant Rathi, Director, President, Secretary & Treasurer on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Vasant Rathi
Director, President, Secretary & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Vasant and Prabha Rathi Foundation
How much does The Vasant and Prabha Rathi Foundation give each year?
The Vasant and Prabha Rathi Foundation gave $1.2M across 28 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $957K across 34 grants.
What is The Vasant and Prabha Rathi Foundation's typical grant size?
The Vasant and Prabha Rathi Foundation's median grant in 2025 was $30,500, and its average grant was $43,450, across 28 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Vasant and Prabha Rathi Foundation that year got $25K on average.
Where does The Vasant and Prabha Rathi Foundation give grants?
The Vasant and Prabha Rathi Foundation gives mostly in California: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Texas (9%) and Florida (7%). The most frequent recipient cities were Houston, TX (2 grants), La Habra, CA (2 grants) and Buena Park, CA (2 grants).
Does The Vasant and Prabha Rathi Foundation give general operating support?
Yes: 89% of The Vasant and Prabha Rathi Foundation's 2025 grants with a stated purpose (25 of 28) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Vasant and Prabha Rathi Foundation's largest grantees?
The Vasant and Prabha Rathi Foundation's largest 2025 grantees include Param Shakti Peeth of America Foundation ($236,000), Uc San Diego Foundation ($175,000) and Ekal Vidyalaya Foundation of USA Inc ($50,000), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.
How large is The Vasant and Prabha Rathi Foundation?
The Vasant and Prabha Rathi Foundation reported $17.5M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Vasant and Prabha Rathi Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Vasant and Prabha Rathi Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Vasant and Prabha Rathi Foundation's EIN?
The Vasant and Prabha Rathi Foundation's EIN (Employer Identification Number) is 81-3878588. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Vasant and Prabha Rathi 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
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Cite this profile
Grantable. (2026). The Vasant and Prabha Rathi Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-vasant-and-prabha-rathi-foundation-morg_ebdc4ffd2d574b9e9d010692d01791b3
BibTeX
@misc{grantable_813878588_2026,
author = {{Grantable}},
title = {{The Vasant and Prabha Rathi Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-vasant-and-prabha-rathi-foundation-morg_ebdc4ffd2d574b9e9d010692d01791b3},
note = {Accessed 2026-10-15. 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 Vasant and Prabha Rathi 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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