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Menon Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2021. The principal officer is % Mani Menon. It holds total assets of $1.3M. Annual income is reported at $746K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Menon Family Foundation has made 7 grants totaling $231K, with a median grant of $10K. Annual giving has grown from $91K in 2021 to $140K in 2022. Individual grants have ranged from $10K to $91K, with an average award of $33K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Michigan. Contributions to this foundation are tax-deductible.
Menon Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY, MI.
Menon Family Foundation has distributed a total of $231K across 7 grants. The median grant size is $10K, with an average of $33K. Individual grants have ranged from $10K to $91K.
Menon Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Menon Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nisha Menon | DIRECTOR | $0 | $0 | $0 |
| Shameem Menon | DIRECTOR | $0 | $0 | $0 |
| Roshen Menon | DIRECTOR | $0 | $0 | $0 |
Total Giving
$259K
Total Assets
$1.2M
Fair Market Value
$1.6M
Net Worth
$1.2M
Grants Paid
$255K
Contributions
$377K
Net Investment Income
$7K
Distribution Amount
$55K
Total: $0
Total Grants
7
Total Giving
$231K
Average Grant
$33K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mount SinaiGENERAL PURPOSE | Bloomfield Hills, MI | $50K | 2022 |
| Special Olympics New YorkGENERAL PURPOSE | Albany, NY | $10K | 2022 |
| Psis 276 Pta IncGENERAL PURPOSE | New York, NY | $10K | 2022 |
Other foundations that have funded Menon Family Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Smith Family Foundation Inc. | $250K | 2022 | GENERAL SUPPORT OF CHARITY |
| Vattikuti Foundation | $500K | 2020 | TO SUPPORT THE COMMUNITY |
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