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Foundation For World Education Inc. is a private corporation based in LOWELL, MA. The foundation received its IRS ruling in 1957. The principal officer is J Korstange. It holds total assets of $2.9M. Annual income is reported at $570K. Total assets have grown from $1.7M in 2015 to $2.9M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in California, New York and Utah. According to available records, Foundation For World Education Inc. has made 30 grants totaling $234K, with a median grant of $4K. Annual giving has decreased from $154K in 2021 to $80K in 2022. Individual grants have ranged from $276 to $37K, with an average award of $8K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, California, Utah, which account for 50% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$400
Median Grant
$4K
Average Grant
$6K
Largest Grant
$31K
Based on 28 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.
Foundation For World Education Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NY, CA, UT.
Foundation For World Education Inc. has distributed a total of $234K across 30 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $276 to $37K.
The award to grantees are limited to incorporated nonprofit organizations that support the vision of a transformed world espoused by sri aurobindo and the mother.
Foundation For World Education Inc. is headquartered in LOWELL, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew A Needham | PRESIDENT | $0 | $0 | N/A |
| Susan Curtiss | SECRETARY | $0 | $0 | N/A |
| Chaitanya Datla | TRUSTEE | $0 | $0 | N/A |
| Andrew Kay | TREASURER | $0 | $0 | N/A |
| Norbert Schuster | TRUSTEE | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$2.9M
Fair Market Value
$2.9M
Net Worth
$2.9M
Grants Paid
$68K
Contributions
$203K
Net Investment Income
$131K
Distribution Amount
$123K
Total: $2.4M
Total Grants
30
Total Giving
$234K
Average Grant
$8K
Median Grant
$4K
Unique Recipients
14
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sri Aurobindo Learning CenterOPERATING EXPENSES | Crestone, CO | $6K | 2021 |
| Auroville FoundationEDUCATIONAL/TRAINING/OPERATIONS | Auroville | $36K | 2022 |
| Auro Mira Service SocietyOPERATING EXPENSES | New Delhi | $18K | 2022 |
| Midwives College Of UtahTUITION | Salt Lake City, UT | $7K | 2022 |
| Julian LinesWRKSPS AND BLDING OF SENSORY GARDEN | Mt Tremper, NY | $7K | 2022 |
| Sarvam TrustCREATE FILM ON SRI AUROBINDO'S LIFE | Buffalo, NY | $6K | 2022 |
| Sri Aurobindo Ashram Delhi BranchSCIENCE WORKSHOPS | New Delhi | $4K | 2022 |
| Sri Aurobindo Sadhana PeethamOPERATIONAL EXPENSES | Lodi, CA | $1K | 2022 |
| Lakshmi ReddyREIMBURSEMENT OF WORKSHOP EXPENSES | Creve Coeur, MO | $732 | 2022 |
| Auroville Unity FundSUPPORT OF MAINTENANCES, SOCIAL SUPP | Auroville | $37K | 2021 |
| Matagiri Sri Aurobindo CenterINFRASTRUCTURE EXPENSE | Mt Tremper, NY | $7K | 2021 |
| Sri Aurobindo AssociationTO HIRE PROF DESIGNER TO LEAD JOURNA | Lodi, CA | $4K | 2021 |
| Sadhana Forest KenyaINFRASTRUCTURE EXPENSE | Kisima | $4K | 2021 |
| Auroville International UsaINFRASTRUCTURE EXPENSES | Sacramento, CA | $4K | 2021 |