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Ekta Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2009. It holds total assets of $512K. Annual income is reported at $466K. Total assets have grown from $155K in 2010 to $747K in 2022. 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 2016 to 2023. The foundation primarily funds organizations in Alabama and New York. According to available records, Ekta Foundation has made 8 grants totaling $318K, with a median grant of $17K. Individual grants have ranged from $500 to $125K, with an average award of $40K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Alabama and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$17K
Average Grant
$40K
Largest Grant
$125K
Based on 4 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.
Ekta Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in AL, NY.
Ekta Foundation has distributed a total of $318K across 8 grants. The median grant size is $17K, with an average of $40K. Individual grants have ranged from $500 to $125K.
Ekta Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ekta Foundation is headquartered in HUNTSVILLE, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashok K Mahbubani | DIRECTOR | $0 | $0 | N/A |
| Amrita Mahbubani | DIRECTOR | $0 | $0 | N/A |
| Scott Faulkner | DIRECTOR | $0 | $0 | N/A |
Total Giving
$433K
Total Assets
$747K
Fair Market Value
$747K
Net Worth
$747K
Grants Paid
$402K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$59K
Total Grants
8
Total Giving
$318K
Average Grant
$40K
Median Grant
$17K
Unique Recipients
4
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hudson Alpha FoundationGENERAL SUPPORT | Huntsville, AL | $125K | 2022 |
| Open Future InstituteGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Clinton FoundationGENERAL SUPPORT | New York, NY | $8K | 2022 |
| Hindu Cultural Center Of North AlabGENERAL SUPPORT | Huntsville, AL | $500 | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL