Wadhwani Impact Trust
Wadhwani Impact Trust is a private foundation, based in Bridgeville, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $70.6M in total assets. In 2024, it awarded 6 grants totaling $5.8M. Net investment income was $9.6M.
Wadhwani Impact Trust at a glance
In short: Wadhwani Impact Trust gave $5.8M across 6 grants in 2024 (avg $962K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,772,336
- +63.5% vs 2023
- Grants made (2024)
- 6
- +50.0% vs 2023
- Average grant
- $962,056
- +9.0% vs 2023
- Median grant
- $512,500
- Total assets
- $70,552,356
- +5.0% vs 2023
- Primary geography
- California (18% 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 Wadhwani Impact Trust funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Indian Institute of Technology Madras ($3.7M). Together the top 6 received $5.8M.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 27 grants of 37 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Wadhwani Impact Trust gives
- Giving grew 129% from 2021 to 2024. Method
- In 2024 it paid out 169% 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 2020 to 2024, annual grant giving ranged from $172K (2020) to $5.8M (2024). In 2024 it made 6 grants totaling $5.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indian Institute of Technology Madras | School of Data Science and Artifical Intelligence Support | $3,728,042 |
| Wadhwani Initiative for Sustainable Healthcare Foundation Bridgeville, PA | General Support | $1,003,294 |
| Wadhwani Institute for Artificial Intelligence Foundation Los Altos, CA | General Support | $1,000,000 |
| Indiaspora San Francisco, CA | Founders Circle | $25,000 |
| Allegheny Conference Pittsburgh, PA | General Support | $10,000 |
| India Philanthropy Alliance Hyattsville, MD | Institutionalization Support | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $70,552,356 | $10,814,751 | $7,358,096 | $5,772,336 | 6 | $6,231,713 | $9,567,780 | $3,692,645 |
| 2023 | $67,169,556 | $7,172,439 | $4,237,455 | $3,530,000 | 4 | $3,717,570 | $5,885,254 | $3,216,185 |
| 2022 | $64,236,958 | $2,001,275 | $3,667,754 | $2,855,000 | 6 | $2,910,665 | $1,609,255 | $3,279,646 |
| 2021 | $65,906,634 | $18,236,655 | $3,038,017 | $2,520,000 | 9 | $2,560,917 | $13,193,000 | $3,170,523 |
| 2020 | $50,699,422 | $6,093,124 | $514,359 | $172,100 | 12 | — | $5,923,176 | $2,429,162 |
Under IRS private-foundation payout rules, Wadhwani Impact Trust reported a distributable amount of $3.7M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Wadhwani Impact Trust is led by Sunil Wadhwani, President & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sunil Wadhwani
President & Secretary
On filings since 2020
2 hrs/week
No compensation reported
Nita Wadhwani
Chairperson & Assistant Secretary
On filings since 2020
2 hrs/week
No compensation reported
Rohan Wadhwani
Vice President & Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Shalina Wadhwani
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Wadhwani Impact Trust
How much does Wadhwani Impact Trust give each year?
Wadhwani Impact Trust gave $5.8M across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.5M across 4 grants.
What is Wadhwani Impact Trust's typical grant size?
Wadhwani Impact Trust's median grant in 2024 was $512,500, and its average grant was $962,056, across 6 grants on its 2024 IRS Form 990-PF.
Where does Wadhwani Impact Trust give grants?
Wadhwani Impact Trust's top state is California, with 18% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Pennsylvania (18%).
Does Wadhwani Impact Trust give general operating support?
Yes: 50% of Wadhwani Impact Trust's 2024 grants with a stated purpose (3 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Wadhwani Impact Trust's largest grantees?
Wadhwani Impact Trust's largest 2024 grantees include Indian Institute of Technology Madras ($3,728,042), Wadhwani Initiative for Sustainable Healthcare Foundation ($1,003,294) and Wadhwani Institute for Artificial Intelligence Foundation ($1,000,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Wadhwani Impact Trust?
Wadhwani Impact Trust reported $70.6M in total assets on its 2024 IRS Form 990-PF. It paid out $6.2M in qualifying distributions that year, against a required minimum of $3.7M (roughly 5% of its investment assets).
What is Wadhwani Impact Trust's EIN?
Wadhwani Impact Trust's EIN (Employer Identification Number) is 25-1873137. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
Live grants for the work Wadhwani Impact Trust funds
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