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Indima Foundation is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 1994. The principal officer is % Asok K Ray. It holds total assets of $5.4M. Annual income is reported at $6.5M. UNIVERSITY OF ILLINOIS - MEDICAL RESEARCH. According to available records, Indima Foundation has made 12 grants totaling $922K, with a median grant of $6K. Annual giving has grown from $128K in 2022 to $530K in 2024. Individual grants have ranged from $500 to $250K, with an average award of $77K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
UNIVERSITY OF ILLINOIS - MEDICAL RESEARCH
Expenses: $250K
HUMAN DEVELOPMENT FUND - HUMANITARIAN NEEDS
Expenses: $5K
NOT ALL WOUNDS BLEED - HUMANITARIAN NEEDS
Expenses: $5K
OAK BROOK PARK DISTRICT - PROGRAMS
Expenses: $3K
UNIVERSITY OF ILLINOIS - MEDICAL RESEARCH. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IL.
Indima Foundation has distributed a total of $922K across 12 grants. The median grant size is $6K, with an average of $77K. Individual grants have ranged from $500 to $250K.
Indima Foundation typically selects its grantees rather than accepting unsolicited proposals.
Indima Foundation is headquartered in OAK BROOK, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mallika Ray | PRESIDENT | $10K | $0 | $10K |
| Suparna Banerjee | DIRECTOR | $0 | $0 | $0 |
| Timothy Fullerton Sr | DIRECTOR/CFO | $0 | $0 | $0 |
| Ratnam Chittori | DIRECTOR | $0 | $0 | $0 |
| Asok Ray | SECRETARY/TR | $0 | $0 | $0 |
Total Giving
$743K
Total Assets
$4.6M
Fair Market Value
$11.4M
Net Worth
$4.6M
Grants Paid
$530K
Contributions
$340K
Net Investment Income
$928K
Distribution Amount
$453K
Total: $4.1M
Total Grants
12
Total Giving
$922K
Average Grant
$77K
Median Grant
$6K
Unique Recipients
8
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of IllinoisINTERNATIONAL FELLOWSHIP PROGRAM | Chicago, IL | $250K | 2024 |
| Northwestern UniversityTUITION ASSISTANCE | Evanston, IL | $25K | 2024 |
| Chicago Kali BariCULTURE PROGRAMS | Glen Ellyn, IL | $5K | 2024 |
| The Human Development FoundationHUMANITARIAN NEEDS | Oak Brook, IL | $5K | 2023 |
| Bengali Assn Of Greater ChicagoHUMANITARIAN NEEDS | Glendale Heights, IL | $5K | 2023 |
PEORIA, IL
ST JOHN, IN
EGG HBR TWP, NJ
PRINCETON, IL
BONITA SPGS, FL
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Oak Brook Park DistrictPROGRAMS | Oak Brook, IL | $3K | 2023 |
| Indian American Medical AssociationGRANT AWARDS | Oak Brook, IL | $1K | 2023 |
| Not All Wounds BleedGRANT AWARD | St Charles, IL | $500 | 2022 |
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