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Bajaj Family Foundation Inc. is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 1997. It holds total assets of $1.4M. Annual income is reported at $9K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bajaj Family Foundation Inc. has made 28 grants totaling $460K, with a median grant of $3K. Annual giving has grown from $28K in 2020 to $327K in 2022. Individual grants have ranged from $500 to $101K, with an average award of $16K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Maryland, Massachusetts, New York, which account for 71% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Bajaj Family Foundation Inc. 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 MD, MA, NY.
Bajaj Family Foundation Inc. has distributed a total of $460K across 28 grants. The median grant size is $3K, with an average of $16K. Individual grants have ranged from $500 to $101K.
Bajaj Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Bajaj Family Foundation Inc. is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ken S Bajaj | DIRECTOR | $0 | $0 | $0 |
| Kavelle R Bajaj | PRESIDENT | $0 | $0 | $0 |
Total Giving
$59K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$53K
Contributions
$0
Net Investment Income
$37K
Distribution Amount
$75K
Total: $516K
Total Grants
28
Total Giving
$460K
Average Grant
$16K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Foundation For The BlindGENERAL USE | Arlington, VA | $1K | 2021 |
| The Guru Gobind Singh FoundationGENERAL USE | Rockville, MD | $101K | 2022 |
| Guru Nanak Foundation Of AmericaGENERAL USE | Silver Spring, MD | $35K | 2022 |
| Boston Partners In EducationGENERAL USE | Boston, MA | $20K | 2022 |
| Jewel Of IndiaGENERAL USE | Silver Spring, MD | $6K |
| 2022 |
| Bhai Kanhaya CharitablesGENERAL USE | Chicago, IL | $2K | 2022 |
| Suburban HospitalGENERAL USE | Bethesda, MD | $25K | 2021 |
| Smile Train IncGENERAL USE | New York, NY | $3K | 2021 |
| Capital Area Food BankGENERAL USE | Washington, DC | $3K | 2021 |
| Doctors Without Borders Usa IncGENERAL USE | New York, NY | $3K | 2021 |
| Maryland Food BankGENERAL USE | Baltimore, MD | $3K | 2021 |
| Literacy Council Of Montgomery County Maryland IncGENERAL USE | Rockville, MD | $2K | 2021 |
| Stephen Siller Tunnel To Towers FoundationGENERAL USE | Staten Island, NY | $2K | 2021 |
| March Of Dimes IncGENERAL USE | Arlington, VA | $1K | 2021 |
| Wounded WarriorsGENERAL USE | Washington, DC | $1K | 2021 |
| Middleburg Humane FoundationGENERAL USE | Marshall, VA | $500 | 2021 |
| Greater Washington Association Of Physicians Of Indian OriginGENERAL USE | Gaithersburg, MD | $500 | 2021 |
| Dc Food BankGENERAL USE | Washington, DC | $1K | 2020 |
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