The Vasant and Prabha Rathi Foundation
The Vasant and Prabha Rathi Foundation is a private foundation established in 2017 and based in Wilmington, Delaware. The foundation operates as a 501(c)(3) organization with no employees and is supported by the Rathi Family Trust (dated November 15, 1991).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.9M
+12.5% YoY
Annual Giving
$957K
+9.6% YoY
Grant Count
34
+21.4% YoY
Avg Grant Size
$28K
-9.8% YoY
Under IRS private-foundation payout rules, The Vasant and Prabha Rathi Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation is an active grantmaker that does not accept unsolicited applications. Recent grantmaking activity includes:
Grant Range
$2,000 to $100,000
Ready to take the next step with The Vasant and Prabha Rathi Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $14,916,196
- Total revenues: $2,836,944
- Total expenses: $1,217,443
- Total grants, contributions, etc.: $1,767,375
- Investment income and dividends: $305,462
Year-over-year growth (2023-2024):
- Grants and contributions increased 86.8%
- Investment income increased 17.6%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,916,196 | $13,257,002 | $12,725,576 |
| Revenue | $2,836,944 | $1,660,831 | $1,662,576 |
| Expenses | $1,217,443 | $1,104,663 | $1,253,672 |
| Qualifying Distributions | $1,008,451 | $923,793 | $1,069,231 |
| Net Investment Income | $981,981 | $710,230 | $1,141,775 |
| Distributable Amount | $1,271,397 | $1,000,177 | $931,926 |
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 2024
Grant Size Distribution
152 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Param Shakti Peeth of America Foundation ($100,000), Divine Art of Yoga Center ($75,000), Uc San Diego Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKSHAYA PATRA FOUNDATION USA FREMONT, CA | General & Unrestricted | $25,000 |
| ALL WORLD GAYATRI PARIWAR U S A ANAHEIM, CA | General & Unrestricted | $11,000 |
| AMERICAN HINDU FEDERATION IRVINE, CA | General & Unrestricted | $2,000 |
| ART OF LIVING FOUNDATION WASHINGTON, DC | General & Unrestricted | $25,000 |
| DESI INDIAN YOUTH ASSOCIATION INC YORBA LINDA, CA | Religious Study and Social Activities scholarship fund | $6,000 |
| DIVINE ART OF YOGA CENTER LA HABRA, CA | General & Unrestricted | $75,000 |
| EKAL VIDYALAYA FOUNDATION OF USA INC HOUSTON, TX | General & Unrestricted | $30,000 |
| HINDU AMERICAN FOUNDATION PHILADELPHIA, PA | General & Unrestricted | $40,000 |
| HINDU UNIVERSITY OF AMERICA INC ORLANDO, FL | Find drive for new college acquisition | $25,000 |
| HINDU UNIVERSITY OF AMERICA INC ORLANDO, FL | For Ayurvedic college general purpose | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Vasant Rathi | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Vasant and Prabha Rathi Foundation?
The foundation is an active grantmaker that does not accept unsolicited applications. Recent grantmaking activity includes: **Grant Activity (2024)** • Made 29 grants totaling approximately $946,500 • Grant range: $2,000 to $100,000 • Median grant size: $25,000 • Giving rate: 6.3% of assets **Recent Grantees (2024)** • Param Shakti Peeth of America Foundation: $100,000 • UC San Diego Foundation: $75,000 • Divine Art of Yoga Center: $75,000 • Jupiter 360 Foundation: $50,000 • Krishna Bhakti Seva…
What size grants does The Vasant and Prabha Rathi Foundation award?
In 2024, The Vasant and Prabha Rathi Foundation awarded 34 grants totaling $957K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is The Vasant and Prabha Rathi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Vasant and Prabha Rathi Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Vasant and Prabha Rathi Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Vasant and Prabha Rathi Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Vasant and Prabha Rathi Foundation to a real strategy.