Verma Family Foundation
Verma Family Foundation is a private foundation, based in Terre Haute, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $299K in total assets. In 2024, it awarded 2 grants totaling $27K.
Verma Family Foundation at a glance
In short: Verma Family Foundation gave $27K across 2 grants in 2024 (avg $13K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $26,902
- +19.4% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $13,451
- -40.3% vs 2023
- Median grant
- $13,451
- Total assets
- $298,910
- -8.3% vs 2023
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Verma Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was India Ecumenical Center of Terre Haute ($10K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Verma Family Foundation gives
- In 2023 it paid out 142% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $23K (2023) to $27K (2024). In 2024 it made 2 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Misc Terre Haute, IN | Donation | $16,902 |
| India Ecumenical Center of Terre Haute Terre Haute, IN | Donation | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $298,910 | $2,762 | $29,832 | $26,902 | 2 | $30,432 | — |
| 2023 | $325,980 | $52,956 | $25,551 | $22,540 | 1 | $22,540 | $15,849 |
| 2022 | $348,575 | $70,694 | $19,717 | — | — | — | $17,167 |
| 2021 | $297,598 | $297,598 | — | — | — | — | $910 |
Leadership & Key People
Officers and directors from IRS filings
Verma Family Foundation is led by Spardha Verma, President on the 2024 filing; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Spardha Verma
President
New on the 2024 filing
No compensation reported
Gaurav Verma
Vice President
New on the 2024 filing
No compensation reported
Former officers (1)
- Former: Spardha Saroha (2021–2023) — President
Data from IRS Form 990 filings, 2021–2024. "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 Verma Family Foundation
How much does Verma Family Foundation give each year?
Verma Family Foundation gave $27K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $23K across 1 grant.
How large is Verma Family Foundation?
Verma Family Foundation reported $299K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $3K.
Where does Verma Family Foundation operate?
Verma Family Foundation has awarded grants in Indiana.
What is Verma Family Foundation's EIN?
Verma Family Foundation's EIN (Employer Identification Number) is 87-3955604. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Verma Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Verma Family Foundation's focus areas in our free grants database
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