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Indus Foundation Of Utah is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of N/A. Annual income is reported at $37K. Total assets have decreased from $16K in 2022 to N/A in 2024. The foundation is governed by 2 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 2021 to 2024. Funding is distributed across 4 states, including Utah, New York, Texas. According to available records, Indus Foundation Of Utah has made 11 grants totaling $233K, with a median grant of $10K. Annual giving has decreased from $228K in 2021 to $5K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $21K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Utah, Texas, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$14K
Average Grant
$23K
Largest Grant
$100K
Based on 10 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.
Indus Foundation Of Utah primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NY, UT, TX.
Indus Foundation Of Utah has distributed a total of $233K across 11 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $1K to $100K.
Indus Foundation Of Utah typically selects its grantees rather than accepting unsolicited proposals.
Indus Foundation Of Utah is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shailaja Akkapeddi | Co- Pres, Dir, Sec, Treas | $0 | $0 | N/A |
| Ajay Krishnan | Co- Pres, Dir | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
N/A
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$233K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peoples Health Clinic IncGeneral & Unrestricted | Park City, UT | $5K | 2023 |
| American Friends Of Edelgive FoundationUsed towards the GROW fund | New York, NY | $100K | 2021 |
| Huntsman Cancer FoundationCharitable Event | Salt Lake Cty, UT | $20K | 2021 |
| IndiasporaChalo Give COVID 19 campaign, split between Give India and WISH | Houston, TX | $20K | 2021 |
| Utah State UniversityFunds to be used towards Aggies First Scholarship | Logan, UT | $17K | 2021 |
| University Of UtahFirst Ascent Scholars program at the Davi Eccles School of Business Scholarship Fund | Salt Lake City, UT | $10K | 2021 |
| English Skills Learning CenterGeneral & Unrestricted | Salt Lake City, UT | $3K | 2021 |
| Helo IncorporatedGeneral & Unrestricted | Wethersfield, CT | $1K | 2021 |