//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Bioworld Foundation Inc. is a private corporation based in IRVING, TX. The foundation received its IRS ruling in 2016. The principal officer is Rajeev Malik. It holds total assets of $1.9M. Annual income is reported at $64K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Bioworld Foundation Inc. has made 5 grants totaling $178K, with a median grant of $25K. Annual giving has grown from $40K in 2020 to $138K in 2022. Individual grants have ranged from $10K to $100K, with an average award of $36K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and New York. 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.
Bioworld Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TX, NY.
Bioworld Foundation Inc. has distributed a total of $178K across 5 grants. The median grant size is $25K, with an average of $36K. Individual grants have ranged from $10K to $100K.
Criteria may include, but need not be limited to: prior academic performance, performance on tests designed to measure ability and aptitude for related fields, recommendation from instructiors, and financial need. Other than the criteria listed, there are no restrictions on the scholarships. All funds given to organizations or schools must be used to promote education, support students and/or establish new study programs.
Bioworld Foundation Inc. is headquartered in IRVING, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rajeev Malik | President | $0 | $0 | N/A |
| Ritu Malik | Secretary-Treasurer | $0 | $0 | N/A |
| Nishali Malik | Vice President | $0 | $0 | N/A |
Total Giving
$171K
Total Assets
$1.8M
Fair Market Value
$2.2M
Net Worth
$1.8M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$76K
Distribution Amount
$107K
Total: $1.8M
Total Grants
5
Total Giving
$178K
Average Grant
$36K
Median Grant
$25K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Food Bankgeneral support to focus on education and feeding the hungry students and their families | Plano, TX | $100K | 2022 |
| Level Pathwaysgeneral support for protecting, preparing, and positioning homeless teens for their future. | Irving, TX | $28K | 2022 |
| Irving Schools FoundationFunding for innovative programs, scholarships, and activities that enhance creativity, learning, and academic success for Irving ISD students. | Irving, TX | $10K | 2022 |
| Girl Rising Education FundTo improve educational programs that promote gender equality for girls and boys living in poverty. | New York, NY | $25K | 2020 |