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Jain Foundation Inc. is a private corporation based in BELTSVILLE, MD. The foundation received its IRS ruling in 2003. The principal officer is Deepak Jain. It holds total assets of $34K. Annual income is reported at $3K. Total assets have decreased from $45K in 2011 to $34K in 2024. The foundation is governed by 3 officers and trustees. Donations to charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Jain Foundation Inc. has made 6 grants totaling $15K, with a median grant of $3K. Annual giving has decreased from $3K in 2020 to $2K in 2023. Grantmaking activity was highest in 2021 with $5K distributed across 1 grants. Individual grants have ranged from $100 to $5K, with an average award of $2K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Donations to charitable organizations
Expenses: $5K
Donations to charitable organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MD.
Jain Foundation Inc. has distributed a total of $15K across 6 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $100 to $5K.
Jain Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jain Foundation Inc. is headquartered in BELTSVILLE, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Usha Jain | Director | $0 | $0 | N/A |
| Deepak Jain | Director | $0 | $0 | N/A |
| Rachna Jain | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$34K
Fair Market Value
N/A
Net Worth
$34K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$15K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baltimore Museum Of IndustryDonation | Baltimore, MD | $2K | 2023 |
| Fynman SchoolDonation | Potomac, MD | $5K | 2021 |
| Merchant Market AssociationDonation | Baltimore, MD | $100 | 2020 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD