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Janki Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2018. The principal officer is Maheshkumar & Asharani Navan. It holds total assets of $22.3M. Annual income is reported at $27.4M. Total assets have grown from $2M in 2019 to $22.3M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2018 to 2024. Funding is distributed across 4 states, including Massachusetts, New York, Illinois. According to available records, Janki Foundation has made 29 grants totaling $4.9M, with a median grant of $10K. Annual giving has grown from $292K in 2022 to $4.6M in 2023. Individual grants have ranged from $5K to $4M, with an average award of $168K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Texas, which account for 66% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
The Janki Foundation operates as a values-driven, relationship-first private philanthropy guided by Hindu principles of dharma (righteous duty) and seva (selfless service), with the Sanskrit concept of "vasudhaiva kutumbakam" — the world is one family — serving as its philosophical north star. Trustees Maheshkumar (Mahesh) and Asharani (Asha) Navani are the sole decision-makers, serving without compensation and without staff or formal program officers. Established in August 2018 and headquartered at 2 International Place in Boston's financial district, the foundation has grown from a $2M charitable vehicle to a $22.3M institution in just six years.
The most important strategic reality for prospective applicants is unambiguous: this foundation only makes grants to preselected organizations. There is no open RFP, no application portal, and no publicly listed deadline cycle. The Navanis personally identify and cultivate every grantee relationship. The path to funding runs entirely through relationship-building rather than proposal submission.
That said, the grantee list has expanded materially in recent years. American India Foundation, Trustees of Boston University, and Cancer Shakti Foundation are all relatively recent additions, confirming that new grantees can enter the portfolio. The foundation's six stated focus areas — healthcare, hunger relief, education, women's empowerment, sustainability, and transformational programs for children — define the eligible universe.
The grantee portfolio reflects four overlapping networks: (1) the Indian-American diaspora and IIT alumni community; (2) Boston/Worcester, Massachusetts community organizations; (3) nationally recognized brand-name charities receiving standard $10,000 charitable gifts; and (4) emerging organizations tied to the Navanis' personal values around women's empowerment, cancer support, and children's services.
Repeat grantees — Ekal Vidyalaya Foundation of USA (3 grants over multiple years), Worcester Animal Rescue League (2 grants), and Abby's House (2 grants) — demonstrate that sustained relationship performance drives renewed support. First-time applicants should plan for a relationship that begins small and deepens over time, not a single transformational ask.
Janki Foundation's grantmaking history reveals a highly concentrated, trustee-directed model rather than a formulaic annual payout. Total giving by fiscal year: FY2019 $142,742; FY2020 $601,295; FY2021 $244,639; FY2022 $151,102; FY2023 $4,604,331 (dominated by a single $3,982,500 grant); FY2024 approximately $2,477,466 across 23 grants.
Across 29 recorded grants totaling $4,883,876, the median grant is $10,000 and the average is $168,410 — a gap entirely explained by the anchor relationship with IIT Bombay Heritage Foundation Inc., which received $3,982,500 in FY2023 and $1,267,500 in FY2024, representing approximately 81% of all recorded charitable disbursements. Excluding this single grantee, the median and mode both collapse to exactly $10,000 and the adjusted average falls to roughly $23,000.
The grant range spans $4,583 (Freedom Network USA) to $3,982,500 (IIT Bombay Heritage Foundation). Three visible tiers emerge: (1) a $10,000 standard charitable gift level for recognized national organizations — Boston Children's Hospital, Dana Farber Cancer Institute, St. Jude Children's Research Hospital, Feeding America, Doctors Without Borders USA, Wounded Warrior Project; (2) a mid-tier $20,000-$104,000 range for organizations with closer personal connection, including Trees Water & People ($103,800), Taara US ($54,736), Worcester Animal Rescue League ($52,000), and Cancer Shakti Foundation ($20,000); and (3) institutional anchor grants of $250,000+ reserved for major diaspora-linked education and civic organizations.
Geographically, Massachusetts dominates with 15 of 29 recorded grants (52%), concentrated in the Worcester area. Texas accounts for 3 grants, New Jersey 2. In FY2024, the foundation significantly expanded its institutional giving tier: Boston University ($250,000) and American India Foundation ($238,410) joined the portfolio alongside the continued IIT Bombay anchor grant of $1,267,500. The FY2024 payout ratio was approximately 11% of ending assets ($2.48M / $22.3M), suggesting substantial grant capacity remains available as assets continue to grow.
The following table compares Janki Foundation to four statistical peers identified by similar asset size (~$22M) and NTEE code T20 (Philanthropy & Grantmaking). None of the peer foundations maintain public-facing websites (except Phos Foundation), limiting available data on their grantmaking approach.
| Foundation | State | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Janki Foundation | MA | $22.3M | ~$2.5M (FY2024) | India education/healthcare, MA community | Preselected only |
| Phos Foundation | VA | $22.3M | Not public | Philanthropy/Grantmaking | Not public |
| Raymond A & Gertrude D Hyer Charitable Foundation | WV | $22.3M | Not public | Philanthropy/Grantmaking | Not public |
| Proverbs 3:27 Foundation | FL | $22.2M | Not public | Philanthropy/Grantmaking | Not public |
| Hawk Family Foundation | PA | $22.2M | Not public | Philanthropy/Grantmaking | Not public |
Among asset peers, Janki Foundation stands out for its dramatically accelerating capital trajectory — nearly tripling total assets in a single year (FY2023 to FY2024) through $14.76M in trustee contributions — and its unusually concentrated grantee portfolio where one recipient has absorbed over $5.25M cumulatively. Organizations seeking alternatives with open application processes in the Indian-American diaspora philanthropy space should research the American India Foundation (which itself appears in Janki's grantee list) and the Ekal Vidyalaya Foundation of USA, both of which maintain published grant programs with defined eligibility criteria.
The most significant recent development is the Janki Foundation's November-December 2025 announcement of a partnership with Shri Chaitanya Health and Care Trust to establish the Bhaktivedanta Hospital and Research Institute — formally named the Asha Navani Multi Specialty Rural Hospital — in Wada, Palghar District, Maharashtra, India. The foundation stone ceremony was held November 30, 2025. The planned 100-bed facility will specialize in women's and children's health, neonatal care, and geriatric medicine, targeting approximately 1 million rural and tribal residents across four district blocks. The hospital forms part of Govardhan Eco Village (GEV-2), a 70-acre multi-facility campus that will also include an integrated wellness center, assisted care living facility, school, and food processing units.
On the financial side, the FY2024 Form 990-PF (filed November 17, 2025) showed total assets growing 154% from $8.77M to $22.26M in a single fiscal year, driven by $14.76M in trustee contributions. This capital infusion — the second consecutive year of major asset growth following $11.84M in FY2023 contributions — suggests the Navanis are systematically building long-term philanthropic infrastructure.
Notable FY2024 grantee additions include Trustees of Boston University ($250,000) and American India Foundation ($238,410), expanding the portfolio into established institutional relationships. IIT Bombay Heritage Foundation remained the anchor grantee at $1,267,500. No leadership changes were identified; Mahesh and Asha Navani continue as the sole uncompensated trustees.
The single most critical fact about Janki Foundation is that it operates as a preselected-only grantmaker. Its IRS filings state explicitly: 'The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.' There is no public application portal, no posted deadlines, and no published RFP process. Sending a cold grant proposal to 2 International Place, Boston, MA 02110 will not result in a grant.
However, 'preselected only' does not mean permanently closed to new relationships. American India Foundation, Trustees of Boston University, and Cancer Shakti Foundation all joined the portfolio in recent years, confirming that the Navanis actively expand their grantee list. The path is through network cultivation, not paperwork.
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Smallest Grant
$10K
Median Grant
$10K
Average Grant
$59K
Largest Grant
$500K
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.
Janki Foundation's grantmaking history reveals a highly concentrated, trustee-directed model rather than a formulaic annual payout. Total giving by fiscal year: FY2019 $142,742; FY2020 $601,295; FY2021 $244,639; FY2022 $151,102; FY2023 $4,604,331 (dominated by a single $3,982,500 grant); FY2024 approximately $2,477,466 across 23 grants. Across 29 recorded grants totaling $4,883,876, the median grant is $10,000 and the average is $168,410 — a gap entirely explained by the anchor relationship with.
Janki Foundation has distributed a total of $4.9M across 29 grants. The median grant size is $10K, with an average of $168K. Individual grants have ranged from $5K to $4M.
The Janki Foundation operates as a values-driven, relationship-first private philanthropy guided by Hindu principles of dharma (righteous duty) and seva (selfless service), with the Sanskrit concept of "vasudhaiva kutumbakam" — the world is one family — serving as its philosophical north star. Trustees Maheshkumar (Mahesh) and Asharani (Asha) Navani are the sole decision-makers, serving without compensation and without staff or formal program officers. Established in August 2018 and headquartere.
Janki Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Asharani Navani | trustee | $0 | $0 | N/A |
| Maheshkumar Navani | trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$22.3M
Fair Market Value
N/A
Net Worth
$22.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
29
Total Giving
$4.9M
Average Grant
$168K
Median Grant
$10K
Unique Recipients
24
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iit Bombay Heritage Foundation IncCHARITY | Cupertino, CA | $4M | 2023 |
| The Manny 267 FoundationCharity | Worcester, MA | $276K | 2023 |
| Trees Water & PeopleCHARITY | Fort Collins, CO | $104K | 2023 |
| Taara UsCharity | Palisades Park, NJ | $55K | 2023 |
| St Louis Kaplan Feldman Holocaust MuseumCharity | St Louis, MO | $25K | 2023 |
| Ekal Vidyalaya Foundation Of UsaCharity | Houston, TX | $18K | 2023 |
| Feeding AmericaCharity | Chicago, IL | $10K | 2023 |
| Abby'S HouseCharity | Worcester, MA | $10K | 2023 |
| Boston Children'S HospitalCharity | Boston, MA | $10K | 2023 |
| Doctors Without Borders UsaCharity | Hagerstown, MD | $10K | 2023 |
| Shriners Hospitals For ChildrenCharity | Boston, MA | $10K | 2023 |
| St Jude Children'S Research HospitalCharity | Memphis, TN | $10K | 2023 |
| Worcester County Food BankCharity | Shrewsbury, MA | $10K | 2023 |
| Wounded Warrior ProjectCharity | Topeka, KS | $10K | 2023 |
| Catholic Charities Worcester County For FamilyCHARITY | Shrewsbury, MA | $10K | 2023 |
| Dana Farber Cancer InstituteCharity | Boston, MA | $10K | 2023 |
| Shrewsbury Youth & Fam Services Annual AppealCHARITY | Shrewsbury, MA | $10K | 2023 |
| Shrimad Rajchandra Mission Dharampur (Usa) IncCharity | Edison, NJ | $8K | 2023 |
| Community Outreach ServicesCharity | Kennebunk, ME | $5K | 2023 |
| Ayoti FoundationCHARITY | Boston, MA | $5K | 2023 |
| Freedom Network UsaCharity | Washington, DC | $5K | 2023 |
| Worcester Animal Rescue LeagueCHARITY | Worcester, MA | $26K | 2022 |
| Cancer Shakti Foundation IncCHARITY | Sharon, MA | $10K | 2022 |
| Abbys HouseCHARITY | Worcester, MA | $10K | 2022 |