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Also known as: c/o Steven A Branson Esq
Kundu Foundation Inc. is a private corporation based in WEYMOUTH, MA. The foundation received its IRS ruling in 2000. The principal officer is % Steven A Branson. It holds total assets of $1.2M. Annual income is reported at $106K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kundu Foundation Inc. has made 34 grants totaling $285K, with a median grant of $1K. The foundation has distributed between $62K and $159K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $159K distributed across 14 grants. Individual grants have ranged from $25 to $58K, with an average award of $8K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New Jersey, which account for 82% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Kundu Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in CA, MA, NJ.
Kundu Foundation Inc. has distributed a total of $285K across 34 grants. The median grant size is $1K, with an average of $8K. Individual grants have ranged from $25 to $58K.
Kundu Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kundu Foundation Inc. is headquartered in WEYMOUTH, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Malay Kundu | President, Treasurer | $0 | $0 | $0 |
| Steven A Branson | Clerk | $0 | $0 | $0 |
Total Giving
$66K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$63K
Contributions
$0
Net Investment Income
$15K
Distribution Amount
$0
Total Grants
34
Total Giving
$285K
Average Grant
$8K
Median Grant
$1K
Unique Recipients
16
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mitsupporting foundation purposes | Cambridge, MA | $1K | 2023 |
| Harvardsupporting foundation purposes | Cambridge, MA | $1K | 2023 |
| Desai Foundationsupporting foundation purposes | Woburn, MA | $1K | 2022 |
| Astisupporting foundation purposes | Costa Mesa, CA | $44K | 2023 |
| Greater Boston Food Bank |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Boston, MA |
| $6K |
| 2023 |
| Concord Academysupporting foundation purposes | Concord, MA | $6K | 2023 |
| Unicef Usasupporting foundation purposes | New York, NY | $2K | 2023 |
| Princeton Universitysupporting foundation purposes | Princeton, NJ | $2K | 2023 |
| Pratham Usasupporting foundation purposes | Houston, TX | $1K | 2023 |
| Sandy Hook Promisesupporting foundation purposes | Newton, CT | $500 | 2023 |
| Wbursupporting foundation purposes | Boston, MA | $240 | 2023 |
| Pan-Mass Challengesupporting foundation purposes | Needham, MA | $103 | 2023 |
| Environment Massachusettssupporting foundation purposes | Boston, MA | $25 | 2022 |
| American Heart Assocsupporting foundation purposes | Dallas, TX | $250 | 2020 |
| Aclu Of Masupporting foundation purposes | Boston, MA | $250 | 2020 |
| Wikimediasupporting foundation purposes | Washington, DC | $31 | 2020 |
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