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Impacteous Foundation Inc. is a private corporation based in ROCKVILLE, MD. The foundation received its IRS ruling in 2011. The principal officer is Ashoka Tankala. It holds total assets of $3.4M. Annual income is reported at $899K. Total assets have grown from $1.5M in 2011 to $3.4M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in Alabama, Tennessee and Texas. According to available records, Impacteous Foundation Inc. has made 7 grants totaling $865K, with a median grant of $150K. Annual giving has decreased from $200K in 2020 to $150K in 2023. Grantmaking activity was highest in 2021 with $415K distributed across 3 grants. Individual grants have ranged from $15K to $200K, with an average award of $124K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Alabama, Pennsylvania, Tennessee, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$200K
Average Grant
$138K
Largest Grant
$200K
Based on 3 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.
Impacteous Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in AL, PA, TN.
Impacteous Foundation Inc. has distributed a total of $865K across 7 grants. The median grant size is $150K, with an average of $124K. Individual grants have ranged from $15K to $200K.
Impacteous Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is BEFORE THE END OF THE YEAR.
Impacteous Foundation Inc. is headquartered in ROCKVILLE, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjay Govil | President | $0 | $0 | N/A |
| Lakshmi N Babu | Treasurer | $0 | $0 | N/A |
| Vidya Govil | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.4M
Fair Market Value
N/A
Net Worth
$3.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$865K
Average Grant
$124K
Median Grant
$150K
Unique Recipients
4
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tigers Unlimited FoundationTHE TIGERS UNLIMITED FOUNDATION PROVIDES SUPPORT FOR AUBURN UNIVERSITY INTERCOLLEGIATE ATHLETICS. THE FOUNDATION SUPPORTS EXTRACURRICULAR SPORTS PROGRAMS AND ACTIVITIES INCLUDING ATHLETIC SCHOLARSHIPS, ATHLETIC PROGRAM ENHANCEMENTS, ATHLETIC-RELATED EQUIPMENT PURCHASES, AND CONSTRUCTION OF ATHLETIC FACILITIES. | Auburn, AL | $150K | 2023 |
| University Of PennsylvaniaUNIVERSITY OF PENNSYLVANIA- WHARTO SCHOOL | Philadelphia, PA | $50K | 2022 |
| Alliance Freedom Restoration And JuAFRJ IS A ORGANIZATION DEDICATED TO FIGTH TO END THE HUMAN TRAFFICKING AND PROTECT THE VULNERABLE | Smithville, TN | $200K | 2021 |
| Pratham UsaCHILD EDUCATION | Richmond, TX | $15K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD