Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ajay & Anshu Gupta Family Foundation Inc. is a private corporation based in WILMETTE, IL. The foundation received its IRS ruling in 2022. The principal officer is Ajay Gupta. It holds total assets of $639K. Annual income is reported at $884K. Total assets have grown from N/A in 2021 to $101K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Ajay & Anshu Gupta Family Foundation Inc. has made 13 grants totaling $172K, with a median grant of $500. Annual giving has decreased from $131K in 2022 to $41K in 2023. Individual grants have ranged from N/A to $50K, with an average award of $13K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, California, Illinois, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ajay & Anshu Gupta Family Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, CA, IL.
Ajay & Anshu Gupta Family Foundation Inc. has distributed a total of $172K across 13 grants. The median grant size is $500, with an average of $13K. Individual grants have ranged from N/A to $50K.
Ajay & Anshu Gupta Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ajay & Anshu Gupta Family Foundation Inc. is headquartered in WILMETTE, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ajay Gupta | DIRECTOR | $0 | $0 | N/A |
| Varun Gupta | DIRECTOR | $0 | $0 | N/A |
| Anshu Gupta | DIRECTOR | $0 | $0 | N/A |
| Divya Gupta | DIRECTOR | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$101K
Fair Market Value
$101K
Net Worth
$101K
Grants Paid
$41K
Contributions
$22K
Net Investment Income
$3K
Distribution Amount
N/A
Total Grants
13
Total Giving
$172K
Average Grant
$13K
Median Grant
$500
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends For Teach For IndiaTO ASSIST ORG.CARRYING ONEXEMPT ACTIVITIES | New York, NY | $40K | 2023 |
| That Can Be Me IncTO ASSIST ORG. CARRYING ON EXEMPT ACTIVITIES | Cleveland, OH | $500 | 2023 |
| Indo American CenterTO ASSIST ORG. CARRYING ON EXEMPT ACTIVITIES | Chicago, IL | $500 | 2023 |
| Ywca EvanstonTO ASSIST ORG. CARRYING ON EXEMPT ACTIVITIES | Evanston, IL | $250 | 2023 |
| Arbor Day FoundationTO ASSIST ORG. CARRYING ON EXEMPT ACTIVITIES | Lincoln, NE | N/A | 2023 |
| Rand CorporationTO ASSIST ORG. CARRYING ON EXEMPT ACTIVITIES | Santa Monica, CA | $15K | 2022 |
| Metropolitan Asian Family ServicesTO SUPPORT ORG. CARRYING ON EXEMPT ACTIVITIES | Chicago, IL | $250 | 2022 |
| Shirley Ryan Ability LabTO SUPPORT ORG.CONTINUE EXEMPTACTIVITIES | Chicago, IL | $250 | 2022 |