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Amit & Deepali Sinha Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is % Foundation Source. It holds total assets of $17.8M. Annual income is reported at $277K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Amit & Deepali Sinha Foundation has made 9 grants totaling $4.3M, with a median grant of $6K. Annual giving has decreased from $1.6M in 2021 to $3K in 2023. Grantmaking activity was highest in 2022 with $2.7M distributed across 6 grants. Individual grants have ranged from $500 to $1.5M, with an average award of $473K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Pennsylvania, Massachusetts, California, which account for 78% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Amit & Deepali Sinha Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in PA, MA, CA.
Amit & Deepali Sinha Foundation has distributed a total of $4.3M across 9 grants. The median grant size is $6K, with an average of $473K. Individual grants have ranged from $500 to $1.5M.
Amit & Deepali Sinha Foundation typically selects its grantees rather than accepting unsolicited proposals.
Amit & Deepali Sinha Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amit Sinha | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
| Deepali P Sinha | Dir | $0 | $0 | $0 |
Total Giving
$32K
Total Assets
$17.7M
Fair Market Value
$17.4M
Net Worth
$17.7M
Grants Paid
$3K
Contributions
$0
Net Investment Income
$78K
Distribution Amount
$604K
Total Grants
9
Total Giving
$4.3M
Average Grant
$473K
Median Grant
$6K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Silver Creek Valley Country Club EmployeescholarshGeneral & Unrestricted | San Jose, CA | $3K | 2023 |
| Iit Delhi Endowment Fund UsGeneral & Unrestricted | Philadelphia, PA | $1.3M | 2022 |
| Foundation For Excellence IncTo support 2 FFE scholars for engineering | Sunnyvale, CA | $6K | 2022 |
| IndiasporaKhushii | Houston, TX | $500 | 2022 |
| Massachusetts Institute Of TechnologyAmit & Deepali Sinha Foundation Presidential Fellowship Fund | Cambridge, MA | $1.5M |
| 2021 |
| Innovators In HealthGeneral & Unrestricted | Newton, MA | $50K | 2021 |
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