//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Kamlesh And Luci Chainani Foundation is a private corporation based in MCLEAN, VA. The foundation received its IRS ruling in 2003. The principal officer is Kamlesh Chainani. It holds total assets of $3.4M. Annual income is reported at $778K. 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 2020 to 2023. The foundation primarily funds organizations in Virginia and New Jersey. According to available records, Kamlesh And Luci Chainani Foundation has made 12 grants totaling $502K, with a median grant of $45K. Annual giving has grown from $122K in 2021 to $380K in 2022. Individual grants have ranged from $25K to $77K, with an average award of $42K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Jersey and Minnesota and Oregon. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$21K
Largest Grant
$50K
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.
Kamlesh And Luci Chainani Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ, MN, OR.
Kamlesh And Luci Chainani Foundation has distributed a total of $502K across 12 grants. The median grant size is $45K, with an average of $42K. Individual grants have ranged from $25K to $77K.
Kamlesh And Luci Chainani Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kamlesh And Luci Chainani Foundation is headquartered in MCLEAN, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Angela Gilbert | VICE PRESIDENT / SECRETARY | $0 | $0 | N/A |
| Kamlesh Chainani | PRESIDENT | $0 | $0 | N/A |
Total Giving
$200K
Total Assets
$3.2M
Fair Market Value
$3.6M
Net Worth
$3.2M
Grants Paid
$170K
Contributions
N/A
Net Investment Income
$226K
Distribution Amount
$169K
Total: $3.2M
Total Grants
12
Total Giving
$502K
Average Grant
$42K
Median Grant
$45K
Unique Recipients
3
Most Common Grant
$45K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share And Care FoundationIMPROVE EDUCATION. | Paramus, NJ | $45K | 2022 |
| Rochester Community And Technical College FdtnPROMOTE EXCELLENCE IN EDUCATION. | Rochester, MN | $45K | 2022 |
| Path MinistriesHELP PEOPLE GROW THROUGH FAITH. | Bend, OR | $25K | 2022 |