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Naidu Family Foundation is a private corporation based in LITITZ, PA. The foundation received its IRS ruling in 2014. The principal officer is Sanjiv Naidu. It holds total assets of $654K. Annual income is reported at $154K. Total assets have grown from $138K in 2014 to $798K in 2023. The foundation is governed by 4 officers and trustees. Solicitation of contributions from family members. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Naidu Family Foundation has made 15 grants totaling $488K, with a median grant of $10K. Annual giving has grown from $150K in 2020 to $235K in 2023. Individual grants have ranged from $1K to $235K, with an average award of $33K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Pennsylvania, Illinois, Texas, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Soliciation of contributions from family members. One beneficiary received a donation in 2020.
Expenses: $150K
Solicitation of contributions from family members. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in PA, IL, TX.
Naidu Family Foundation has distributed a total of $488K across 15 grants. The median grant size is $10K, with an average of $33K. Individual grants have ranged from $1K to $235K.
Naidu Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Naidu Family Foundation is headquartered in LITITZ, PA. While based in PA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ravi Naidu | Treasurer | $0 | $0 | N/A |
| Sanjiv Naidu | President | $0 | $0 | N/A |
| Jane Heilman | Secretary | $0 | $0 | N/A |
| Rachna Naidu | Vice President | $0 | $0 | N/A |
Total Giving
$258K
Total Assets
$798K
Fair Market Value
$798K
Net Worth
$797K
Grants Paid
$235K
Contributions
N/A
Net Investment Income
$24K
Distribution Amount
N/A
Total Grants
15
Total Giving
$488K
Average Grant
$33K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trustees Of Univ Of PaGeneral | Phila, PA | $235K | 2023 |
| Dfw Hindu TempleGeneral | Irving, TX | $10K | 2022 |
| Central Pa Food BankGeneral | Harrisburg, PA | $10K | 2022 |
| Zoes HouseGeneral | Sinking Spring, PA | $5K | 2022 |
| Enyi Md FoundationGeneral | Voorhees, NJ | $5K | 2022 |
| St Jude Childrens Research HospitalGeneral | Radnor, PA | $3K | 2022 |
| American Orthopaedic FoundationGeneral | Rosemont, IL | $20K | 2021 |
| Tigers Field Hockey IncGeneral | Lancaster, PA | $2K | 2021 |
| Project Healing WatersGeneral | Laplata, MD | $1K | 2021 |
| Naidu Family Health Care FoundationContribution | Lititz, PA | $150K | 2020 |