//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Dr Prem Reddy Family Foundation is a private association based in VICTORVILLE, CA. The foundation received its IRS ruling in 1992. It holds total assets of $48.1M. Annual income is reported at $5.4M. Total assets have decreased from $81.8M in 2011 to $45.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of arts & culture. Tax records are available from 2020 to 2023. Grantmaking is concentrated in California. According to available records, Dr Prem Reddy Family Foundation has made 439 grants totaling $36.5M, with a median grant of $2K. Annual giving has decreased from $3.3M in 2020 to $963K in 2023. Grantmaking activity was highest in 2022 with $32.2M distributed across 306 grants. Individual grants have ranged from $185 to $10M, with an average award of $83K. The foundation has supported 267 unique organizations. The foundation primarily supports organizations in California, Illinois, Texas, which account for 88% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$22K
Largest Grant
$1.3M
Based on 86 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.
Dr Prem Reddy Family Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 439 grants. Its grantmaking reaches organizations primarily in CA, IL, TX.
Dr Prem Reddy Family Foundation has distributed a total of $36.5M across 439 grants. The median grant size is $2K, with an average of $83K. Individual grants have ranged from $185 to $10M.
The application deadline is NO TIME DEADLINES EXCEPT ON SCHOLARSHIPS. SCHOLARSHIP SUBMISSIONS ARE DUE ON MAY 31ST.. Scholarship program is open to all high desert residents who are currently enrolled or are planning to enroll in an accredited program, leading to a healthcare or medically related field.
Dr Prem Reddy Family Foundation is headquartered in VICTORVILLE, CA. While based in CA, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prem Reddy | PRESIDENT | $0 | $0 | N/A |
| Kavitha Reddy Bhatia | SECRETARY | $0 | $0 | N/A |
| Sunitha Reddy | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$45.8M
Fair Market Value
$45.8M
Net Worth
$45.6M
Grants Paid
$963K
Contributions
$335K
Net Investment Income
$726K
Distribution Amount
$2.2M
Total: $26.5M
Total Grants
439
Total Giving
$36.5M
Average Grant
$83K
Median Grant
$2K
Unique Recipients
267
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North American Telugu AssocDONATION | Cedar Park, TX | $250K | 2023 |
| Art Of Living FoundationDONATION | Cupertino, CA | $100K | 2023 |
| American Assoc Of Physicians IndiaDONATION | Oak Brook, IL | $100K | 2023 |
| North American Telugu Assoc IncDONATION | Cedar Park, TX | $75K | 2023 |
| Victor Valley CollegeSCHOLARSHIPS | Victorville, CA | $42K | 2023 |
| Asuza Pacific UniversitySCHOLARSHIPS | Azusa, CA | $29K | 2023 |
| Tana-Telugu Assoc Of N AmericanDONATION | Novi, MI | $25K | 2023 |
| Sankara Nethralaya UsaDONATION | Rockville, MD | $15K | 2023 |
| Federation Of Telugu Assoc So CalifDONATION | Irvine, CA | $15K | 2023 |
| University Of California LaSCHOLARSHIPS | Los Angeles, CA | $14K | 2023 |
| North American Telugu SocietyDONATION | Exton, PA | $10K | 2023 |
| University Of California RiversideSCHOLARSHIP | Riverside, CA | $10K | 2023 |
| University Of California San DiegoSCHOLARSHIP | La Jolla, CA | $6K | 2023 |
| TelsaDONATION | Upland, CA | $5K | 2023 |
| Friendly Temple Christian CenterDONATION | Apple Valley, CA | $5K | 2023 |
| Telugu Assoc Of So CaliforniaDONATION | Irvine, CA | $5K | 2023 |
| Telengana Peoples Assoc Of DallasDONATION | Frisco, TX | $5K | 2023 |
| West Coast UniversitySCHOLARSHIP | Ontario, CA | $5K | 2023 |
| University Of California IrvineSCHOLARSHIP | Irvine, CA | $5K | 2023 |
| Cal State Univ Long BeachSCHOLARSHIP | Long Beach, CA | $5K | 2023 |
| Cal State Univ San BernardinoSCHOLARSHIP | San Bernardino, CA | $5K | 2023 |
| California Univ Of Science MedicineSCHOLARSHIP | Colton, CA | $3K | 2023 |
| Walden UniversitySCHOLARSHIP | Minneapolis, MN | $3K | 2023 |
| Saint James School Of MedicineSCHOLARSHIP | Part Ridge, IL | $3K | 2023 |
| Nightingale CollegeSCHOLARSHIP | Salt Ake City, UT | $3K | 2023 |
| Rock'N Our Disabilities FoundationDONATION | Victorville, CA | $3K | 2023 |
| California University Of Science MeDONATION | Colton, CA | $3K | 2023 |
| University Of RedlandsSCHOLARSHIP | Redlands, CA | $3K | 2023 |
| Cal State University FullertonSCHOLARSHIP | Fullerton, CA | $3K | 2023 |
| Keck School Of MedicineSCHOLARSHIP | Los Angeles, CA | $3K | 2023 |
| Northwestern UniversitySCHOLARSHIP | Evanston, IL | $3K | 2023 |
| Howard UniversitySCHOLARSHIP | Washington, DC | $3K | 2023 |
| Grand Canyon UniversitySCHOLARSHIP | Phoenix, AZ | $2K | 2023 |
| Inland Empire Cricket CouncilDONATION | Rancho Cucamonga, CA | $2K | 2023 |
| Roseman UniversitySCHOLARSHIP | Hendearson, NV | $2K | 2023 |
| University Of California DavisSCHOLARSHIP | Davis, CA | $2K | 2023 |
| Telengana Development ForumDONATION | Bridgewater, NJ | $2K | 2023 |
| University Of California Santa BarbSCHOLARSHIP | Santa Barbara, CA | $2K | 2023 |
| Loving LibraryDONATION | Paradise Valley, AZ | $2K | 2023 |
| Chaffey Community UniversitySCHOLARSHIP | Rancho Cucamonga, CA | $2K | 2023 |
| Case Western Reserve UniversitySCHOLARSHIP | Cleveland, OH | $2K | 2023 |
| University Of Texas ArlingtonSCHOLARSHIP | Arlington, TX | $2K | 2023 |
| Southern Utah UniversitySCHOLARSHIP | Cedar City, UT | $2K | 2023 |
| Westcliff UniversitySCHOLARSHIP | Irvine, CA | $2K | 2023 |
| Cal State University NorthridgeSCHOLARSHIP | Northridge, CA | $2K | 2023 |
| Santa Ana CollegeSCHOLARSHIP | Santa Anna, CA | $2K | 2023 |