The Vattikuti Foundation
The Vattikuti Foundation is a private grantmaking foundation established in 1997 and headquartered in Southfield, Michigan. Designated as a 501(c)(3) organization, the foundation utilizes social empowerment, technology, surgical innovation, and education to advance medical practice and improve human lives. The foundation operates with a focus on leveraging cutting-edge technology to drive surgical innovation and education globally.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.4M
+94.8% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$184K
+64.8% YoY
Mission & Focus Areas
The foundation's mission centers on leveraging technology to drive surgical innovation and education. Primary funding areas include:
- Robotic Surgery: Promotion and improvement of robotic surgery worldwide through grants, direct programs, and educational initiatives
- Surgical Innovation: Support for cutting-edge surgical techniques and devices
- Medical Education: Training and development of young surgeons through fellowship programs
- Social and Economic Change in India: Giving primarily to organizations focusing on social and economic change in India
- Neurosurgical Innovation: Recent expansion into non-invasive neurology, including MR-guided focused ultrasound therapy and high-intensity focused ultrasound treatments
Grantmaking
The foundation engages in both grant-making and direct programming activities:
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Geographic Focus
Where this funder awards grants
The foundation has a significant focus on India, with giving primarily directed to organizations focusing on social and economic change in the country. Recent initiatives include partnerships with All India Institute of Medical Sciences in Delhi. The foundation also operates internationally, with fellowship programs available both in India and internationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $35,144,487
- Total Giving: $1,230,556
- Annual Expenses: $2,590,000
- Annual Revenue: $334,000
- Total Liabilities: $0
The foundation has maintained substantial assets and consistent giving activity over time, with Form 990 tax filings available from 2011 to 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Henry Ford Health System ($2,160,000), Ohio State University ($82,753), Nicklaus Children's Hospital Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DETROIT INSTITUTE OF ARTS DETROIT, MI | GENERAL OPERATING SUPPORT | $10,000 |
| FLINT INSTITUTE OF ART FLINT, MI | GENERAL OPERATING SUPPORT | $10,000 |
| HENRY FORD HEALTH SYSTEM DETROIT, MI | VATTIKUTI UROLOGY DEPARTMENT SUPPORT | $2,160,000 |
| KRISTI HOUSE MIAMI, FL | GENERAL OPERATING SUPPORT | $16,000 |
| LOTUS ENDOWMENT FUND MIAMI BEACH, FL | GENERAL OPERATING SUPPORT | $5,000 |
| MIAMI FOUNDATION FOR MENTAL HEALTH MIAMI, FL | GENERAL OPERATING SUPPORT | $8,000 |
| MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED MIAMI, FL | GENERAL OPERATING SUPPORT | $3,000 |
| NICKLAUS CHILDREN'S HOSPITAL FOUNDATION NORTH PALM BEACH, FL | GENERAL OPERATING SUPPORT | $75,000 |
| OHIO STATE UNIVERSITY COLUMBUS, OH | DEPT. OF UROLOGY POSTDOCTORAL RESARCH FELLOWSHIPS SUPPORT | $82,753 |
| OVERTON YOUTH CENTER MIAMI, FL | GENERAL OPERATING SUPPORT | $9,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Nicholas J. Stasevich is listed as trustee on foundation filings.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAJ VATTIKUTI | PRESIDENT | 4 | — |
| PADMA VATTIKUTI | VICE PRESIDENT | 3 | — |
| NICHOLAS STASEVICH | SECRETARY | 2 | — |
| TIMOTHY MANNEY | TREASURER | 2 | — |
| MAHENDRA BHANDARI | CEO | 40 | $270,577 |
Recent News & Activity
Recent developments and announcements
**2025 Initiatives:**
Partnership announcement with Insightec and All India Institute of Medical Sciences (AIIMS) to expand access to focused ultrasound care and advance research in India
Vattikuti Foundation | Insightec and Vattikuti Foundation announce partnershipDonation of Insightec Exablate® Neuro system to AIIMS for treatment of essential tremor, Parkinson's Disease, and potential expansion to other neurological disorders
Hosted "Transforming Neuroscience: MR-Guided HIFU – A Game Changer" symposium in Delhi featuring international speakers and public lectures on movement disorders management
Recognition of Vattikuti Fellows for research contributions
Vattikuti Foundation | Vattikuti Fellows Recognized for Research**2026 Programming:**
Vattikuti Innovation in Medicine Summit scheduled for April 10-11, 2026 in Miami, featuring global leaders in robotic surgery, AI, and medical innovation
Vattikuti Foundation announces Global Robotic Surgery awardsNew non-invasive neurology track highlighting incision-less neurofunctional treatments, MR-guided focused ultrasound therapy, and high-intensity focused ultrasound
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Vattikuti Foundation fund?
The foundation's mission centers on leveraging technology to drive surgical innovation and education. Primary funding areas include: • **Robotic Surgery**: Promotion and improvement of robotic surgery worldwide through grants, direct programs, and educational initiatives • **Surgical Innovation**: Support for cutting-edge surgical techniques and devices • **Medical Education**: Training and development of young surgeons through fellowship programs • **Social and Economic Change in India**: Givi…
How do I apply for a grant from The Vattikuti Foundation?
The foundation engages in both grant-making and direct programming activities: **Direct Programs:** • Annual three-day symposium featuring leading surgeons presenting on robotic surgery advancement • KS International Innovation Awards presented annually to recognize surgical talent and share news about cutting-edge robotic surgery techniques and devices • Long-term and short-term fellowship programs in India and internationally for young surgeons at formative stages of their careers • Vattikuti…
Where does The Vattikuti Foundation make grants?
The foundation has a significant focus on India, with giving primarily directed to organizations focusing on social and economic change in the country. Recent initiatives include partnerships with All India Institute of Medical Sciences in Delhi. The foundation also operates internationally, with fellowship programs available both in India and internationally.
What size grants does The Vattikuti Foundation award?
In 2024, The Vattikuti Foundation awarded 13 grants totaling $2.4M — an average of about $184K per grant, based on its IRS Form 990 filings.
What is The Vattikuti Foundation's EIN?
The Vattikuti Foundation's EIN (Employer Identification Number) is 38-3380162. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Vattikuti Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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