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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 is governed by 4 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Massachusetts, Pennsylvania and Florida. 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.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$15K
Based on 7 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.
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 |
|---|---|---|---|---|
| Varun Sasisekharan | VP | $0 | $0 | N/A |
| Uma Narayanasami | Co- Pres, Dir, Sec | $0 | $0 | N/A |
| Ram Sasisekharan | Co- Pres, Dir, Treas | $0 | $0 | N/A |
| Kavya Sasisekharan | VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.1M
Fair Market Value
N/A
Net Worth
$1.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |