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Koushik Foundation is a private trust based in NEW ALBANY, OH. The foundation received its IRS ruling in 2022. It holds total assets of $425K. Annual income is reported at $30K. The foundation is governed by 4 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 Ohio and Colorado. According to available records, Koushik Foundation has made 10 grants totaling $78K, with a median grant of $5K. Annual giving has decreased from $49K in 2022 to $29K in 2023. Individual grants have ranged from $502 to $29K, with an average award of $8K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Ohio and Connecticut and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$13K
Based on 4 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.
Koushik Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, CT, CO.
Koushik Foundation has distributed a total of $78K across 10 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $502 to $29K.
Koushik Foundation typically selects its grantees rather than accepting unsolicited proposals.
Koushik Foundation is headquartered in NEW ALBANY, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sheena Patterson | Trustee | $0 | $0 | N/A |
| Srinivas Koushik | Trustee | $0 | $0 | N/A |
| Shreya Koushik | Trustee | $0 | $0 | N/A |
| Shobha Koushik | Trustee | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$454K
Fair Market Value
$434K
Net Worth
$454K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$20K
Total Grants
10
Total Giving
$78K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbus FoundationCommunity Chest | Columbus, OH | $13K | 2022 |
| Save The Children OrganizationCharitable | Fairfield, CT | $29K | 2023 |
| Sri Ventkateswara TempleTemple | Delaware, OH | $502 | 2023 |
| The Ohio State UniversityEducational-Public | Columbus, OH | $5K | 2022 |
| Akshaya UsaCharitable | Aurora, CO | $5K | 2022 |
| Aapi-Central OhioMedical Educational | Columbus, OH | $1K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH