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Also known as: Ghanta Family Foundation
Gx Foundation Inc. is a private corporation based in DECATUR, GA. The foundation received its IRS ruling in 2021. The principal officer is % Praveen Ghanta. It holds total assets of $14.6M. Annual income is reported at $456K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gx Foundation Inc. has made 32 grants totaling $2.2M, with a median grant of $80K. Annual giving has decreased from $1.3M in 2022 to $850K in 2023. Individual grants have ranged from $20K to $100K, with an average award of $67K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Georgia, California, Maryland, which account for 84% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Gx Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in GA, CA, MD.
Gx Foundation Inc. has distributed a total of $2.2M across 32 grants. The median grant size is $80K, with an average of $67K. Individual grants have ranged from $20K to $100K.
Gx Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is There are no submission deadlines. Healthcare education and environmental charities may apply.
Gx Foundation Inc. is headquartered in DECATUR, GA. While based in GA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Praveen Ghanta | Director | $0 | $0 | $0 |
| Sireesha C Ghanta | Executive Director | $0 | $0 | $0 |
| Guru P Ghanta | Director | $0 | $0 | $0 |
Total Giving
$856K
Total Assets
$22.2M
Fair Market Value
$22.2M
Net Worth
$22.2M
Grants Paid
$850K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$1M
Total Grants
32
Total Giving
$2.2M
Average Grant
$67K
Median Grant
$80K
Unique Recipients
21
Most Common Grant
$80K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Vitamin Angel Alliance Incdistribution of childhood vitamins in India | Goleta, CA | $100K | 2023 |
| Carter Center Incprevention of trachoma and blindness | Atlanta, GA | $100K | 2023 |
| Southern Alliance For Clean EnergyMothers Others for Clean Air electric bus program | Knoxville, TN | $100K | 2023 |
| Southface Incenergy efficiency renovations of nonprofits | Atlanta, GA | $100K | 2023 |
| Charity Waterclean water wells in Madagascar | Hagerstown, MD | $94K |
| 2023 |
| Tapestry Public Charter Schoolmental health counselor funding | Atlanta, GA | $68K | 2023 |
| Room To Read Incchildhood literacy in India | San Francisco, CA | $50K | 2023 |
| Healthy Mothers Healthy Babiesdoulas for disadvantaged mothers | Atlanta, GA | $50K | 2023 |
| Friends Of Refugeeschildhood and adult literacy | Clarkston, GA | $50K | 2023 |
| Heal Charityautism education in India | Ashburn, VA | $30K | 2023 |
| Trees Water Peopleclean cookstoves in central america | Fort Collins, CO | $30K | 2023 |
| Clarkston Community Health Centercharity health care | Clarkston, GA | $30K | 2023 |
| Educate Girlsgirls education in India | Forest Hills, NY | $28K | 2023 |
| Whole Woman'S Healthreproductive health care | Charlottesville, VA | $20K | 2023 |
| Carter CenterGuinea Worm Eradication | Atlanta, GA | $100K | 2022 |
| SouthfaceBuilding Energy Efficiency Upgrades | Atlanta, GA | $100K | 2022 |
| Heal Initiative UcsfHealth Care and training | San Francisco, CA | $93K | 2022 |
| Vitamin AngelsMicronutrition for impoverished children | Goleta, CA | $80K | 2022 |
| Tapestry SchoolTo hire a middle school counselor | Atlanta, GA | $80K | 2022 |
| Unite To LightTo research getting carbon offset credits for solar lighting | Santa Barbara, CA | $80K | 2022 |
| Room To ReadChildrens Education | San Francisco, CA | $20K | 2022 |
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