Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Divide By Zero Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2012. It holds total assets of $1.4M. Annual income is reported at $1M. Total assets have grown from $150K in 2011 to $1.4M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in Texas and District of Columbia. According to available records, Divide By Zero Foundation has made 40 grants totaling $302K, with a median grant of $10K. Annual giving has grown from $90K in 2020 to $212K in 2022. Individual grants have ranged from $500 to $20K, with an average award of $8K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Texas, New York, Kansas, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$5K
Largest Grant
$15K
Based on 14 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.
Divide By Zero Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in TX, NY, KS.
Divide By Zero Foundation has distributed a total of $302K across 40 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $500 to $20K.
Divide By Zero Foundation typically selects its grantees rather than accepting unsolicited proposals.
Divide By Zero Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hemant Vankawala | President | $0 | $0 | N/A |
| Ketaki Vankawala | TRES/SEC | $0 | $0 | N/A |
| Raj Shah | MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.4M
Fair Market Value
N/A
Net Worth
$1.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$302K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Doctors Without BordersMEDICAL RELIEF SERVICES | New York, NY | $15K | 2022 |
| World Cental KitchenSOCIAL ASSISTANCE | Washington, DC | $15K | 2022 |
| Parish Episcopal SchoolEDUCATION ASSISTANCE | Dallas, TX | $15K | 2022 |
| Siti And Jido Park FoundationASSISTANCE FOR PEOPLE WITH DISABILITIES | Denton, TX | $10K | 2022 |
| Kansas University EndowmentEDUCATION ASSISTANCE | Lawrence, KS | $10K | 2022 |
| KeraSOCIAL ASSISTANCE | Dallas, TX | $10K | 2022 |
| Nanubhai Education FoundationEDUCATION AND SOCIAL ASSISTANCE | Warner Robins, GA | $10K | 2022 |
| North Texas Food BankSOCIAL ASSISTANCE | Plano, TX | $10K | 2022 |
| Spca Of TexasSOCIAL ASSISTANCE | Dallas, TX | $3K | 2022 |
| Terlingua Fire & EmsSOCIAL ASSISTANCE | Terlingua, TX | $3K | 2022 |
| Dallas Museum Of ArtEDUCATION AND SOCIAL ASSISTANCE | Dallas, TX | $2K | 2022 |
| Big Bend National ParkSOCIAL ASSISTANCE | Brownwood, TX | $2K | 2022 |
| Friends Of Katy TrailSOCIAL ASSISTANCE | Dallas, TX | $500 | 2022 |
| Ku Endowment AssociationSocial Assistance | Kansas City, KS | $20K | 2020 |
| World Centeral Kitchen IncSocial Assistance | Pittsburgh, PA | $10K | 2020 |
| Planned Parenthood Of AmericaSocial Assistance | New York, NY | $5K | 2020 |
| SpcaSocial Assistance | Dallas, TX | $3K | 2020 |
| Environment Defense FundSocial Assistance | Washington, DC | $3K | 2020 |
| Emergency Medicine FoundationEmergency Medicine Research and Education | Irving, TX | $2K | 2020 |
| Pratham UsaSocial Assistance | Houston, TX | $2K | 2020 |
| Friends Of The Katy TrailSocial Assistance | Dallas, TX | $500 | 2020 |