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Jain Foundation is a private corporation based in SANTA CRUZ, CA. The foundation received its IRS ruling in 1991. The principal officer is Navindra Jain. It holds total assets of $9.7M. Annual income is reported at $1.2M. Total assets have grown from $2.6M in 2011 to $10.4M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Jain Foundation has made 21 grants totaling $1.2M, with a median grant of $5K. Annual giving has decreased from $538K in 2020 to $271K in 2023. Individual grants have ranged from $5K to $300K, with an average award of $55K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Maryland and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
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.
Jain Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in MD, CA.
Jain Foundation has distributed a total of $1.2M across 21 grants. The median grant size is $5K, with an average of $55K. Individual grants have ranged from $5K to $300K.
Jain Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jain Foundation is headquartered in SANTA CRUZ, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Navindra K Jain | President | $0 | $0 | N/A |
| Madhu N Jain | Chief FinancialOfficer | $0 | $0 | N/A |
| Nalini Jain | Director | $0 | $0 | N/A |
Total Giving
$272K
Total Assets
$10.4M
Fair Market Value
$13.5M
Net Worth
$10.4M
Grants Paid
$271K
Contributions
N/A
Net Investment Income
$584K
Distribution Amount
$554K
Total: $10M
Total Grants
21
Total Giving
$1.2M
Average Grant
$55K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jain Society Of Metropolitan Washingtontemple construction | Silver Spring, MD | $250K | 2023 |
| Digambar Jain Sangh Sangh Of Northern Californiageneral use for religious use | Cupertino, CA | $21K | 2023 |
| Sempervirens FundEnvironment Preservation | Los Altos, CA | $5K | 2022 |
| Jan Center Of Northern Californiareligious | Milpitas, CA | $5K | 2022 |
| Digambar Jain Sangh Sangh Of NortheReigious | Cupertino, CA | $5K | 2022 |
| Digambar Jain SiddhakshetraReligious | Kundalpur | $300K | 2021 |
| Digambar Jain Sangh Of Northern CaliforniaCovid Relief | Cupertino, CA | $11K | 2021 |
| Jain Center Of Northern CaliforniaReligious | Milpitas, CA | $5K | 2021 |
| Foundation For ExcellenceEducation | Sunnyvale, CA | $5K | 2021 |
| MaitriSocial Service | Santa Clara, CA | $5K | 2021 |
| Digambar Jain Siddha Kshetra KundalgiriReligious | — | $237K | 2020 |
| Digambar Jain Sangh Of N CaliforniaReligious | Cupertino, CA | $17K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA