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
Grantmaking
The foundation is an active grantmaker that does not accept unsolicited applications. Recent grantmaking activity includes:
Grant Range
$2,000 to $100,000
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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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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