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Iworks Foundation Inc. is a private corporation based in RESTON, VA. The foundation received its IRS ruling in 2016. The principal officer is Kumar Gnanmurthy. It holds total assets of $706K. Annual income is reported at $40K. The foundation is governed by 3 officers and trustees. philanthropic support and the development in higher education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia, New York and Pennsylvania. According to available records, Iworks Foundation Inc. has made 53 grants totaling $181K, with a median grant of $625. The foundation has distributed between $13K and $89K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $89K distributed across 12 grants. Individual grants have ranged from N/A to $50K, with an average award of $3K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in Tennessee, Virginia, Texas, which account for 47% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$813
Average Grant
$11K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
philanthropic support and the development in higher education
Expenses: $7K
Support FOR COMMUNITY DEVELOPMENT
Expenses: $14K
Support for healthcare programs
Expenses: $30K
philanthropic support and the development in higher education. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in TN, VA, TX.
Iworks Foundation Inc. has distributed a total of $181K across 53 grants. The median grant size is $625, with an average of $3K. Individual grants have ranged from N/A to $50K.
Iworks Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Iworks Foundation Inc. is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jothi Radhakrishnan | PRESIDENT | $0 | $0 | N/A |
| Kumar Gnanamurthy | TREASURER | $0 | $0 | N/A |
| Kathamuthu Rajendran | SECRETARY | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$690K
Fair Market Value
$690K
Net Worth
$690K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$34K
Total Grants
53
Total Giving
$181K
Average Grant
$3K
Median Grant
$625
Unique Recipients
43
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St JudesHealthcare | Memphis, TN | $165 | 2020 |
| The Afcea Educational FoundationEDUCATION | Fairfax, VA | $3K | 2023 |
| NdiaCOMMUNITY SERVICE | Arlington, VA | $2K | 2023 |
| The Cheyney FoundationEDUCATION | Cheyney, PA | $2K | 2023 |
| Wounded WarriorCommunity Support Services | Washington, DC | $2K | 2023 |
| Operation UpliftCOMMUNITY SUPPORT SERVICE | Port Angeles, WA | $1K | 2023 |
| Alsac St Judes HospitalHEALTHCARE | Memphis, TN | $1K | 2023 |
| FcpaCommunity Support Services | Fairfax, VA | $765 | 2023 |
| Rowan UniversityEDUCATION | Glassboro, NJ | $600 | 2023 |
| Groupe Scolaire De Bentenier De KhoEDUCATION | Thies | $477 | 2023 |
| Community Action Development LiberaCOMMUNITY SUPPORT SERVICE | Pudukkottai | $5K | 2022 |
| FetnaCOMMUNITY SUPPORT SERVICE | Coppell, TX | $5K | 2022 |
| Prm AgenciesCommunity Support Services | Pudukkottai District | $4K | 2022 |
| Herndon FopCOMMUNITY SUPPORT SERVICE | Herndon, VA | $100 | 2022 |
| Dipr-Prno228-Honble Cm Press ReHEALTHCARE-COVID | Chennai | $50K | 2021 |
| Tn Govt HospitalHEALTHCARE-COVID | Chennai | $12K | 2021 |
| Cheyney University Of PennsylvaniaEDUCATION | Cheyney, PA | $1K | 2021 |
| Fcpl202211Community Support Services | Fairfax, VA | $250 | 2021 |
| Metastatic Breast Cancer NetworkHealthcare | New York, NY | N/A | 2021 |
| Hindu American Community ServicesCommunity Support Services | Potomac, MD | $4K | 2020 |
| Next Mission TechnologyDisabled Veteran Employment | Leesburg, VA | $3K | 2020 |
| Tamil SangamCOVID-19 Community Support | Rockville, MD | $2K | 2020 |
| Maryland Food BankCOVID-19 Community Support | Halethorpe, MD | $1K | 2020 |
| Nova FoudationCOVID-19 Student Emergency Fund | Annandale, VA | $1K | 2020 |
| Children Of Fallen PatriotsChildren of Fallen Patriots has aided me immensely | Sterling, VA | $1K | 2020 |
| Feeding AmericaCOVID-19 Community Support | Washington, DC | $972 | 2020 |
| Herndon Police FopCommunity Support Services | Herndon, VA | $500 | 2020 |
| Capital Area Food BankCOVID-19 Community Support | Washington, DC | $388 | 2020 |
| BalvikasSpecial education for disabled childres | Ashburn, VA | $350 | 2020 |
| Loudoun Hunger ReliefCOVID-19 Community Support | Leesburg, VA | $273 | 2020 |
| Team RubiconCOVID-19 Community Support | Los Angeles, CA | $198 | 2020 |
| World Central KitchenCOVID-19 Community Support | Washington, DC | $165 | 2020 |
| Catalogue For PhilanthrophyCOVID-19 Community Support | Washington, DC | $124 | 2020 |
| Food For OthersCOVID-19 Community Support | Washington, DC | $124 | 2020 |
| The Salvation ArmyCOVID-19 Community Support | Alexandria, VA | $116 | 2020 |
| Toys For TotsCommunity Support Services | Boston, MA | $110 | 2020 |
| Samaritan PurseCommunity Support Services | Boone, NC | $100 | 2020 |
| Chesco Food BankCommunity Support Services | Exton, PA | $100 | 2020 |
| Loudoun Education FoundationEducation | Ashburn, VA | $100 | 2020 |
| Foundation For FcpEducation | Falls Church, VA | $100 | 2020 |