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Bansal Foundation is a private trust based in MCLEAN, VA. The foundation received its IRS ruling in 1999. The principal officer is Sanjeev K Bansal Trustee. It holds total assets of $6.8M. Annual income is reported at $1M. Total assets have decreased from $18.1M in 2011 to $6.8M in 2023. The foundation is governed by 1 officer or trustee. 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 2015 to 2023. According to available records, Bansal Foundation has made 3 grants totaling $2.3M, with a median grant of $800K. Annual giving has grown from $650K in 2021 to $1.6M in 2022. Individual grants have ranged from $650K to $800K, with an average award of $750K. Grant recipients are concentrated in Ohio. 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.
Bansal 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 OH.
Bansal Foundation has distributed a total of $2.3M across 3 grants. The median grant size is $800K, with an average of $750K. Individual grants have ranged from $650K to $800K.
Bansal Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bansal Foundation is headquartered in MCLEAN, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjeev Bansal | OFFICER | $0 | $0 | N/A |
Total Giving
$768K
Total Assets
$6.8M
Fair Market Value
$16.7M
Net Worth
$6.8M
Grants Paid
$750K
Contributions
N/A
Net Investment Income
$345K
Distribution Amount
$768K
Total Grants
3
Total Giving
$2.3M
Average Grant
$750K
Median Grant
$800K
Unique Recipients
1
Most Common Grant
$800K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Investments Charitable Gift FundSUPPORT OF SEC. 501(C)(3) ORGANIZATION | Cincinnati, OH | $800K | 2022 |