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Also known as: FOUNDATION C/O HARRISON & HELD LLP
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Balakumar And Natalia Charitable Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2019. The principal officer is Harrison & Held Llp. It holds total assets of $837K. Annual income is reported at $249K. Total assets have grown from $51K in 2019 to $613K 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 2019 to 2023. According to available records, Balakumar And Natalia Charitable Foundation has made 3 grants totaling $45K, with a median grant of $10K. The foundation has distributed between $20K and $25K annually from 2021 to 2023. Individual grants have ranged from $10K to $25K, with an average award of $15K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Iowa and Illinois. Contributions to this foundation are tax-deductible.
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.
Balakumar And Natalia Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IA, IL.
Balakumar And Natalia Charitable Foundation has distributed a total of $45K across 3 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $10K to $25K.
Balakumar And Natalia Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Balakumar And Natalia Charitable Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Balakumar Ragothaman | PRES/TREAS/DIR | $0 | $0 | N/A |
| Natalia V Henner | VP & DIRECTOR | $0 | $0 | N/A |
| Louis S Harrison | SEC & DIRECTOR | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$613K
Fair Market Value
$619K
Net Worth
$613K
Grants Paid
$20K
Contributions
$150K
Net Investment Income
N/A
Distribution Amount
$24K
Total Grants
3
Total Giving
$45K
Average Grant
$15K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Chicago Food DepositoryGENERAL PURPOSES | Chicago, IL | $10K | 2023 |
| Hand In Hand UsaGENERAL PURPOSES | Oak Brook, IL | $10K | 2023 |
| The State University Of Iowa FoundationGENERAL PURPOSES | Iowa City, IA | $25K | 2021 |