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Karandikar Foundation is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 2021. The principal officer is Dilip A Karandikar. It holds total assets of $1M. Annual income is reported at $167K. Total assets have grown from $226K in 2021 to $483K in 2023. 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 2021 to 2023. The foundation primarily funds organizations in New Jersey, California and Texas. According to available records, Karandikar Foundation has made 15 grants totaling $30K, with a median grant of $2K. Annual giving has grown from $7K in 2021 to $12K in 2023. Individual grants have ranged from $100 to $5K, with an average award of $2K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in California, Texas, New Jersey, which account for 73% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$650
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 5 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.
Karandikar Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, TX, NJ.
Karandikar Foundation has distributed a total of $30K across 15 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $100 to $5K.
Karandikar Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karandikar Foundation is headquartered in PHOENIX, AZ. While based in AZ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dilip A Karandikar | President Treasurer | $0 | $0 | N/A |
| Deepali D Karandikar | VP Secretary | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$483K
Fair Market Value
$483K
Net Worth
$483K
Grants Paid
$12K
Contributions
$123K
Net Investment Income
$20K
Distribution Amount
$18K
Total: $474K
Total Grants
15
Total Giving
$30K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sewa International Usa (20-0638718)Family and Youth Services | Houston, TX | $5K | 2023 |
| Sankara Eye Foundation (77-6141976)Gift of Vision | Milpitas, CA | $3K | 2023 |
| Akshaya Patra Foundation (01-0574950)Food for Children | Fremont, CA | $2K | 2023 |
| American Red Cross (53-0196605)Disaster Relief | Boone, IA | $2K | 2023 |
| Hindu Swayamsevak Sangh (52-1647017)General Funds | Rockaway, NJ | $501 | 2023 |
| St Jude Children'S Research HospitalGeneral Funds | Memphis, TN | $100 | 2023 |
| Sankara Eye Foundation Usa (77-6141976)Gift of Vision | Milpitas, CA | $3K | 2022 |
| The Akshaya Patra Foundation Usa (01-0574950)Food for Children | Fremont, CA | $2K | 2022 |
| Hindu Swayamsevak Sangh Usa (52-1647017)General Funds | Rockaway, NJ | $2K | 2022 |
| Purple Paint (83-4613138)Build toilets in India | Morris Plains, NJ | $650 | 2022 |
| Sewa InternationalDisaster Relief | Houston, TX | $3K | 2021 |
| Sankara Eye FoundationEye Care for Poor | Milpitas, CA | $3K | 2021 |
| Neem Karoli Baba Ashram And Taos Hanuman TempleMandir Fund | Taos, NM | $501 | 2021 |
| Haidakhandi Universal AshramTemple Development | Crestone, CO | $501 | 2021 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ