The Wadhwa Foundation

Foundation · Grantmaker Northbrook, IL EIN: 36-4289498

The Wadhwa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Northbrook, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $37K in total assets. In 2025, it awarded 3 grants totaling $6K. Net investment income was $1K.

Key facts about The Wadhwa Foundation

In short: The Wadhwa Foundation gave $6K across 3 grants in 2025 (avg $2K), top state Minnesota. Source: 2025 IRS Form 990-PF.

EIN
36-4289498
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$6,478
Grants made (2025)
3
Average grant
$2,159
Median grant
$500
Total assets
$36,887
Primary geography
Minnesota (8% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$37K

+1.4% YoY

Annual Giving

$6K

-53.5% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$2K

-69.0% YoY

Under IRS private-foundation payout rules, The Wadhwa Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How The Wadhwa Foundation gives

  • Giving fell 52% from 2022 to 2025. Method
  • In 2025 it paid out 147% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 3 itemized 2025 grant dollars.

Cities

BloomingtonDes PlainesJeffersonMedinaNapervilleNorthfieldPalatine

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K3 grants20190 grants20201 grants20211 grants20222 grants20232 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Literacy India: $5KLiteracy India$5KSt Olaf College: $500St Olaf College$500Illinois Wesleyan University: $500Illinois Wesleyan University$500

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Literacy India Education$5,478
St Olaf College Northfield, MNEducation$500
Illinois Wesleyan University Bloomington, ILEducation$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019202020212022202320242025
Metric202520242023
Total Assets$36,887$36,374$36,766
Revenue$7,171$13,777$39,887
Expenses$6,658$14,169$39,158
Qualifying Distributions$6,478$13,946$38,626
Net Investment Income$1,158$1,105$1,070
Distributable Amount$4,408$3,905$3,229

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 1, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 9, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 13, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 16, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 10, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

The Wadhwa Foundation's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Florence Wadhwa

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jatinder Wadhwa

    Trustee

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Jay Wadhwa

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Meena Wadhwa

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Raj Wadhwa

    Trustee

    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 Wadhwa Foundation

How much does The Wadhwa Foundation give each year?

The Wadhwa Foundation gave $6K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 2 grants.

What is The Wadhwa Foundation's typical grant size?

The Wadhwa Foundation's median grant in 2025 was $500, and its average grant was $2,159, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Wadhwa Foundation give grants?

The Wadhwa Foundation's top state is Minnesota, with 8% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Illinois (8%).

Does The Wadhwa Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Wadhwa Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (3 grants).

How large is The Wadhwa Foundation?

The Wadhwa Foundation reported $37K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is The Wadhwa Foundation?

The Wadhwa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Northbrook, IL. It holds $37K in total assets as of 2025.

What is The Wadhwa Foundation's EIN?

The Wadhwa Foundation's EIN (Employer Identification Number) is 36-4289498. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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