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Asha-Vijay Foundation is a private corporation based in RAMSEY, NJ. The foundation received its IRS ruling in 1997. It holds total assets of $2.7M. Annual income is reported at $1.2M. Total assets have grown from $1.4M in 2011 to $2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in New Jersey, Illinois and Massachusetts. According to available records, Asha-Vijay Foundation has made 28 grants totaling $869K, with a median grant of $27K. Annual giving has grown from $170K in 2020 to $472K in 2022. Individual grants have ranged from $5K to $95K, with an average award of $31K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New Jersey, Illinois, South Carolina, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$28K
Largest Grant
$95K
Based on 6 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.
Asha-Vijay Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NJ, IL, SC.
Asha-Vijay Foundation has distributed a total of $869K across 28 grants. The median grant size is $27K, with an average of $31K. Individual grants have ranged from $5K to $95K.
Asha-Vijay Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asha-Vijay Foundation is headquartered in RAMSEY, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yash V Dalal | TRUSTEE | $0 | $0 | N/A |
| Shraddha Dalal Munver | TRUSTEE | $0 | $0 | N/A |
| Asha V Dalal | TRUSTEE | $0 | $0 | N/A |
Total Giving
$202K
Total Assets
$2M
Fair Market Value
$2.3M
Net Worth
$2M
Grants Paid
$201K
Contributions
$140K
Net Investment Income
$129K
Distribution Amount
$102K
Total Grants
28
Total Giving
$869K
Average Grant
$31K
Median Grant
$27K
Unique Recipients
12
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sathi FoundationGENERAL ACTIVITIES | Rajkot | $5K | 2020 |
| The Rotary FoundationGENERAL ACTIVITIES | Evanston, IL | $67K | 2022 |
| Vidya Vikas Charitable TrustGENERAL ACTIVITIES | Montville, NJ | $63K | 2022 |
| Various Other CharitiesGENERAL ACTIVITIES | Various, NJ | $36K | 2022 |
| Snf UsaGENERAL ACTIVITIES | Elgin, SC | $30K | 2022 |
| Rutgers University FoundationGENERAL ACTIVITIES | New Brunswick, NJ | $25K | 2022 |
| Bergen Highlands Rotary FoundationGENERAL ACTIVITIES | Ramsey, NJ | $9K | 2022 |
| Childrens Aid And Family ServicesGENERAL ACTIVITIES | Paramus, NJ | $7K | 2022 |
| Ekal On WheelsGENERAL ACTIVITIES | Houston, TX | $32K | 2021 |
| Integrated Village DevelopmentGENERAL ACTIVITIES | Houston, TX | $27K | 2021 |
| Vivekananda VidyapithGENERAL ACTIVITIES | Wayne, NJ | $5K | 2021 |
| The Breakfast RevolutionGENERAL ACTIVITIES | Boston, MA | $5K | 2020 |