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Latika & Rajiv Jain Foundaiton is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is % Foundation Source. It holds total assets of $5.8M. Annual income is reported at $124K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Latika & Rajiv Jain Foundaiton has made 41 grants totaling $2.8M, with a median grant of $25K. Annual giving has grown from $249K in 2020 to $1.1M in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 18 grants. Individual grants have ranged from $1K to $500K, with an average award of $68K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in California, New York, Florida, which account for 80% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Latika & Rajiv Jain Foundaiton primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in CA, NY, FL.
Latika & Rajiv Jain Foundaiton has distributed a total of $2.8M across 41 grants. The median grant size is $25K, with an average of $68K. Individual grants have ranged from $1K to $500K.
Latika & Rajiv Jain Foundaiton typically selects its grantees rather than accepting unsolicited proposals.
Latika & Rajiv Jain Foundaiton is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Latika Jain | VP, Dir | $0 | $0 | $0 |
| Rajiv Jain | Pres, Dir, Sec, Treas | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$5.8M
Fair Market Value
$14.9M
Net Worth
$5.8M
Grants Paid
$1.1M
Contributions
$0
Net Investment Income
$112K
Distribution Amount
$682K
Total Grants
41
Total Giving
$2.8M
Average Grant
$68K
Median Grant
$25K
Unique Recipients
22
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sankara Eye Foundation UsaKalahandi Eye Hospital Project Fund | Milpitas, CA | $500K | 2023 |
| Federation Of Jain Associations In North America JCharitable Event | South Daytona, FL | $65K | 2023 |
| Udayan Care UsaGeneral & Unrestricted | Bellevue, WA | $40K | 2023 |
| Karuna-Shechen UsaGeneral & Unrestricted | New York, NY | $25K | 2023 |
| Jain Center Of South Florida IncGeneral & Unrestricted | Weston, FL | $2K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Goldman Sachs Philanthropy FundGeneral & Unrestricted | New York, NY | $500K | 2022 |
| Akshaya Patra Foundation UsaGeneral & Unrestricted | Fremont, CA | $60K | 2022 |
| The Cooperative Feeding Program IncGeneral & Unrestricted | Ft Lauderdale, FL | $50K | 2022 |
| Holt International Childrens Services Incfor Bengaluru | Eugene, OR | $25K | 2022 |
| Nyaya Health A Nonprofit Corporation - PossibleGeneral & Unrestricted | New York, NY | $25K | 2022 |
| Pine Crest Preparatory School IncFaculty awards | Ft Lauderdale, FL | $10K | 2022 |
| Sunrise Community IncGeneral & Unrestricted | Miami, FL | $10K | 2022 |
| Medecins Sans Frontieres Usa Inc - Doctors WithoutGeneral & Unrestricted | Hagerstown, MD | $25K | 2020 |
| Childrens Home Society Of FloridaGeneral & Unrestricted | Fort Lauderdale, FL | $15K | 2020 |
| Give2asiaGOONJ India Project | Oakland, CA | $10K | 2020 |
| Arpan Foundation IncorporatedParivaar Education Society | Diamond Bar, CA | $10K | 2020 |
| Auroville International UsaGeneral & Unrestricted | Sacramento, CA | $10K | 2020 |
| International Mahavira Jain MissionGeneral & Unrestricted | Blairstown, NJ | $5K | 2020 |
| Jain Society Of Metropolitan WashingtonDigamber Jain Temple Fund | Silver Spring, MD | $5K | 2020 |
| Direct ReliefGeneral & Unrestricted | Santa Barbara, CA | $5K | 2020 |
| Food For The Poor IncGeneral & Unrestricted | Coconut Creek, FL | $5K | 2020 |
| South Florida Hindu Temple IncFarm share food distribution Fund | Sw Ranches, FL | $1K | 2020 |
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