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Asvins Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is % Foundation Source. It holds total assets of $1.1M. Annual income is reported at $54K. The foundation operates in the area of arts & culture. According to available records, Asvins Foundation has made 26 grants totaling $139K, with a median grant of $4K. The foundation has distributed between $34K and $70K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $70K distributed across 12 grants. Individual grants have ranged from $1K to $20K, with an average award of $5K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Massachusetts and Pennsylvania and Florida. Contributions to this foundation are tax-deductible.
Asvins Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in MA, PA, FL.
Asvins Foundation has distributed a total of $139K across 26 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $1K to $20K.
Asvins Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asvins Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kavya Sasisekharan | VP | $0 | $0 | $0 |
| Varun Sasisekharan | VP | $0 | $0 | $0 |
| Uma Narayanasami | Co- Pres, Dir, Sec | $0 | $0 | $0 |
| Ram Sasisekharan | Co- Pres, Dir, Treas | $0 | $0 | $0 |
Total Giving
$48K
Total Assets
$1M
Fair Market Value
$924K
Net Worth
$1M
Grants Paid
$34K
Contributions
$0
Net Investment Income
$48K
Distribution Amount
$44K
Total: $984K
Total Grants
26
Total Giving
$139K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
10
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trustees Of Tufts CollegeTufts University Medical School | Boston, MA | $15K | 2023 |
| Charles River Association For Retarded Citizens InGeneral & Unrestricted | Needham, MA | $5K | 2023 |
| Berklee College Of Music IncGeneral & Unrestricted | Boston, MA | $3K | 2023 |
| Lasa Foundation IncGeneral & Unrestricted | Lexington, MA | $3K | 2023 |
| Virginia Thurston Healing Garden Incprograms in collaboration with Mass General Cancer Center at Emerson Hospital | Harvard, MA | $2K |
| 2023 |
| Emerson HospitalMass General Cancer Center | Concord, MA | $2K | 2023 |
| All India Movement Aim For Seva Incfor Chatralayas and relief efforts in Tamilnadu, India | Saylorsburg, PA | $2K | 2023 |
| Raaga IncCarnatic music concerts | Fort Myers, FL | $1K | 2023 |
| Children'S Room - Center For Grieving Children & Tmental and physical wellness and counseling sessions for bereaved children | Arlington, MA | $1K | 2023 |
| All Hands And Hearts Smart Response IncDisaster relief FUND in basic food and water supplies | Mattapoisett, MA | $4K | 2020 |
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