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Dr Vedavathi & Lakshman Agadi Foundation Nfp is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 2015. It holds total assets of $1.3M. Annual income is reported at $153K. The Foundation provides charitable giving to qualifying nonprofit organizations both domestic and overseas. Organizations that are supported include those that assist victims of disasters, advance education, support public health, support the underserved and advance religion. According to available records, Dr Vedavathi & Lakshman Agadi Foundation Nfp has made 21 grants totaling $230K, with a median grant of $5K. Annual giving has decreased from $148K in 2022 to $82K in 2023. Individual grants have ranged from $151 to $50K, with an average award of $11K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Missouri, Illinois, New Jersey, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Foundation provides charitable giving to qualifying nonprofit organizations both domestic and overseas. Organizations that are supported include those that assist victims of disasters, advance education, support public health, support the underserved and advance religion.
Expenses: $16K
The management and administrative costs incurred to operate the foundation, directly support, and are necessary to carry out the charitable programs and activities conducted by the foundation.
Expenses: $2K
The Foundation provides charitable giving to qualifying nonprofit organizations both domestic and overseas. Organizations that are supported include those that assist victims of disasters, advance education, support public health, support the underserved and advance religion. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in MO, IL, NJ.
Dr Vedavathi & Lakshman Agadi Foundation Nfp has distributed a total of $230K across 21 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $151 to $50K.
Dr Vedavathi & Lakshman Agadi Foundation Nfp typically selects its grantees rather than accepting unsolicited proposals.
Dr Vedavathi & Lakshman Agadi Foundation Nfp is headquartered in OAK BROOK, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lakshman Agadi | President | $0 | $0 | $0 |
| Amar Agadi | Treasurer | $0 | $0 | $0 |
| Aarathi Singh | Secretary | $0 | $0 | $0 |
Total Giving
$82K
Total Assets
$1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
$82K
Contributions
$442K
Net Investment Income
$4K
Distribution Amount
$35K
Total: $233K
Total Grants
21
Total Giving
$230K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| FincaDonation to domestically registered charitable organization. | Washington, DC | $3K | 2022 |
| Balaji TempleDonation to Culutural/Religious charitable organization. | Aurora, IL | $21K | 2023 |
| NrivaDonation to Culutural/Religious charitable organization. | St Louis, MO | $20K | 2023 |
| Tdyc Trinity Datta Yoga CenterDonation to Culutural/Religious charitable organization. | Carpentersvile, IL | $14K | 2023 |
| Chinmaya MissionDonation to Culutural/Religious charitable organization. |
PLANO, TX
NEW YORK, NY
CREVE COEUR, MO
MERCER ISLAND, WA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Burr Ridge, IL |
| $10K |
| 2023 |
| Shree Sharda PeethamDonation to Culutural/Religious charitable organization. | East Brunswick, NJ | $10K | 2023 |
| Chicagoland Vasavi AssociationDonation to Culutural/Religious charitable organization. | Aurora, IL | $6K | 2023 |
| HtgcDonation to Culutural/Religious charitable organization. | Lemont, IL | $151 | 2023 |
| Feeding AmericaDonation to domestically registered charitable organization. | Chicago, IL | $5K | 2022 |
| VkkDonation to domestically registered charitable organization. | Palatine, IL | $2K | 2022 |
| Save The ChildrenDonation to domestically registered charitable organization. | Fairfield, CT | $875 | 2022 |
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