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Namaha Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2018. It holds total assets of $681K. Annual income is reported at $211K. Total assets have grown from $477K in 2019 to $693K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Maryland, District of Columbia and Massachusetts. According to available records, Namaha Foundation has made 16 grants totaling $89K, with a median grant of $5K. Annual giving has grown from $19K in 2020 to $33K in 2023. Grantmaking activity was highest in 2022 with $38K distributed across 6 grants. Individual grants have ranged from $3K to $10K, with an average award of $6K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Maryland, District of Columbia, Virginia, which account for 81% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Namaha Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MD, DC, VA.
Namaha Foundation has distributed a total of $89K across 16 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $10K.
Namaha Foundation typically selects its grantees rather than accepting unsolicited proposals.
Namaha Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ms Charu S Narasimhan | PRESIDENT | $0 | $0 | N/A |
| Mr Shekar Narasimhan | DIRECTOR | $0 | $0 | N/A |
| Mr S R Sidarth | DIRECTOR | $0 | $0 | N/A |
| Ms Laura M Sidarth | DIRECTOR | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$693K
Fair Market Value
$1.1M
Net Worth
$693K
Grants Paid
$33K
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$49K
Total: $132K
Total Grants
16
Total Giving
$89K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sorensen Institute Political LeadershipUNRESTRICTED GENERAL | Charlottesville, VA | $8K | 2023 |
| Dc Central Kitchen IncUNRESTRICTED GENERAL | Washington, DC | $5K | 2023 |
| Upakar The Indo-American CommunityUNRESTRICTED GENERAL | Gaitherburg, MD | $5K | 2023 |
| Texas TribuneUNRESTRICTED GENERAL | Austin, TX | $5K | 2023 |
| Dharma Into Action Foundation IncUNRESTRICTED GENERAL | Lanham, MD | $5K | 2023 |
| Enterprise Community PartnersUNRESTRICTED GENERAL | Baltimore, MD | $5K | 2023 |
| Sri Siva-Vishnu TempleUNRESTRICTED GENERAL | Lanham, MD | $10K | 2022 |
| Aim For SevaUNRESTRICTED GENERAL | Saylorsburg, PA | $3K | 2022 |
| Affordable Housing InstituteUNRESTRICTED GENERAL | Boston, MA | $5K | 2020 |