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Kumar Family Foundation is a private trust based in HILTON HEAD, SC. The foundation received its IRS ruling in 2019. It holds total assets of $431K. Annual income is reported at $41K. Total assets have grown from $100K in 2019 to $431K in 2024. The foundation is governed by 2 officers and trustees. Charitable activities and program-related investments are determined annually by the board members. Donations are listed in return. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. The foundation primarily funds organizations in South Carolina, District of Columbia and Illinois. According to available records, Kumar Family Foundation has made 78 grants totaling $124K, with a median grant of $1K. Annual giving has grown from $5K in 2019 to $46K in 2022. Grantmaking activity was highest in 2021 with $62K distributed across 44 grants. Individual grants have ranged from $500 to $6K, with an average award of $2K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in South Carolina, District of Columbia, Kentucky, which account for 81% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 7 grants from the most recent 990-PF filing.
Charitable activities and program-related investments are determined annually by the board members. Donations are listed in return.
Expenses: $11K
Charitable activities and program-related investments are determined annually by the board members. Donations are listed in return. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in SC, DC, KY.
Kumar Family Foundation has distributed a total of $124K across 78 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $6K.
Kumar Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kumar Family Foundation is headquartered in HILTON HEAD, SC. While based in SC, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjay Kumar | CO-TRUSTEE | $0 | $0 | N/A |
| Frances A Kumar | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$431K
Fair Market Value
N/A
Net Worth
$431K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
78
Total Giving
$124K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyMEET HUMAN NEED WHEREVER, WHENEVER | Alexandria, VA | $750 | 2022 |
| Boys And Girls Club HhENABLE YOUNG PEOPLE | Hilton Head Island, SC | $6K | 2022 |
| Colleton County First StepsALL CHILDREN START SCHOOL READY | Ritter, SC | $6K | 2022 |
| Friends Of Colleton Animal ShelterSUPPORT HOMELESS ANIMALS | Walterboro, SC | $3K | 2022 |
| Lowcountry Food BankFIGHT HUNGER | N Charleston, SC | $2K | 2022 |
| Community Foundation Of The LowcounCONNECT PEOPLE, RESOURCES AND NEEDS | Hilton Head, SC | $2K | 2022 |
| AspcaSUPPORT HOMELESS ANIMALS | Washington, DC | $1K | 2022 |
| The Deep Well ProjectSOCIAL SERVICE ORGANIZATION | Hilton Head Island, SC | $1K | 2022 |
| American Red CrossPREVENT & ALLEVIATE HUMAN SUFFERING | Boone, IA | $750 | 2022 |
| Partners For Pets Of AllendalePET RESCUE | Allendale, SC | $600 | 2022 |
| Start Small Think BigADVANCE EQUITY AND INCLUSION | New York, NY | $500 | 2022 |
| Ronald Mcdonald HouseFAMILY SUPPORT FOR SICK CHILDREN | Chicago, IL | $500 | 2022 |
| Achilles InternationalSUPPORT RUNNERS WITH DISABILITIES | New York, NY | $500 | 2022 |
| Planned ParenthoodWOMEN'S HEALTH CARE | Charleston, SC | $1K | 2021 |