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Amarican-Indus Corporation is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 2012. The principal officer is Vaikunth N Gupta. It holds total assets of $2.8M. Annual income is reported at $142K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 7 states, including Maryland, Delaware, Texas. According to available records, Amarican-Indus Corporation has made 32 grants totaling $198K, with a median grant of $2K. The foundation has distributed between $34K and $66K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $66K distributed across 9 grants. Individual grants have ranged from $500 to $25K, with an average award of $6K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Maryland, Delaware, Illinois, which account for 38% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$25K
Based on 9 grants from the most recent 990-PF filing.
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.
Amarican-Indus Corporation primarily funds organizations in the area of education. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MD, DE, IL.
Amarican-Indus Corporation has distributed a total of $198K across 32 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $500 to $25K.
Amarican-Indus Corporation typically selects its grantees rather than accepting unsolicited proposals.
Amarican-Indus Corporation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vaikunth Gupta | PRESIDENT | $0 | $0 | N/A |
| Sujata Gupta | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.8M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
32
Total Giving
$198K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseCHARITABLE | New York, NY | $5K | 2021 |
| John Hopkins UniversityCHARITABLE | Baltimore, MD | $20K | 2023 |
| St Mary Of Nazareth SchoolCHARITABLE | White Oak, PA | $6K | 2023 |
| Children'S Inn NihCHARITABLE | Bethesda, MD | $5K | 2023 |
| Ekal Vidyalaya FoundationCHARITABLE | Houston, TX | $1K | 2023 |
| St Jude'S Children HospitalCHARITABLE | Royal Oak, MI | $1K | 2023 |
| St Joseph Indian SchoolCHARITABLE | Chamberlain, SD | $500 | 2023 |
| Citizens Foundation UsaCHARITABLE | Chicago, IL | $6K | 2022 |
| Montgomery County Coalition For The HomelessCHARITABLE | Rockville, MD | $1K | 2022 |
| Give India FoundationCHARITABLE | Middletown, DE | $18K | 2021 |
| Foundation Of Special SurgeryCHARITABLE | Potomac, MD | $5K | 2021 |
| Npc Futbol And FutsalCHARITABLE | Burke, VA | $3K | 2021 |
| Intl Rescue CommitteeCHARITABLE | Albert Lea, MN | $1K | 2021 |
| Iit-Bhu Scholarship FundsCHARITABLE | Uttar Pradesh | $25K | 2020 |
| We Are Family Senior Outreach NetworkCHARITABLE | Washington, DC | $8K | 2020 |
| United Care IncCHARITABLE | Falls Church, VA | $1K | 2020 |