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Gwen And Madan Kandula Foundation Inc. is a private corporation based in ELM GROVE, WI. The foundation received its IRS ruling in 2021. It holds total assets of $3.6M. Annual income is reported at $3.5M. 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 2020 to 2023. According to available records, Gwen And Madan Kandula Foundation Inc. has made 12 grants totaling $296K, with a median grant of $10K. Annual giving has grown from $8K in 2021 to $95K in 2023. Grantmaking activity was highest in 2022 with $192K distributed across 8 grants. Individual grants have ranged from $300 to $93K, with an average award of $25K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Massachusetts, Wisconsin, Louisiana, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Gwen And Madan Kandula Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA, WI, LA.
Gwen And Madan Kandula Foundation Inc. has distributed a total of $296K across 12 grants. The median grant size is $10K, with an average of $25K. Individual grants have ranged from $300 to $93K.
Gwen And Madan Kandula Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gwen And Madan Kandula Foundation Inc. is headquartered in ELM GROVE, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madan Kandula | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
| Gwen Kandula | VP, SECRETARY, TREASURER & DIRECTOR | $0 | $0 | N/A |
| Mia Kandula | DIRECTOR | $0 | $0 | N/A |
Total Giving
$123K
Total Assets
$2.1M
Fair Market Value
$2.1M
Net Worth
$2.1M
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$100K
Total: N/A
Total Grants
12
Total Giving
$296K
Average Grant
$25K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bank Of America - Donor Advised FundTO SUPPORT VARIOUS PUBLIC CHARITABLE ORGANIZATIONS | Boston, MA | $93K | 2023 |
| Women'S Care CenterTO PROVIDE COUNSELING, SUPPORT, AND EDUCATION FOR PREGNANT WOMEN | Milwaukee, WI | $1K | 2023 |
| Marquette University High SchoolPARENT PARTNERSHIP PROGRAM THAT HELPS TO ASSURE ACCESSIBILITY AND AFFORDABILITY OF THE MUHS EXPERIENCE OF FAITH, SCHOLARSHIP AND COMMUNITY TO MORE YOUNG MEN. | Milwaukee, WI | $1K | 2023 |
| Tulane UniversitySUPPORT FOR UNIVERSITY PROGRAMS THAT PIONEER RESEARCH, TRANSFORM TEACHING, AND THAT PROMOTE OPPORTUNITY, DIVERSITY AND AN ENVIRONMENT THAT SUPPORTS EXCELLENCE. | New Orleans, LA | $10K | 2022 |
| Wish For Our HeroesTO PROVIDE RESOURCES AND ASSISTANCE TO ACTIVE-DUTY MILITARY AND VETERANS. | Noblesville, IN | $300 | 2022 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI