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Ninash Foundation is a private corporation based in ONEONTA, NY. The foundation received its IRS ruling in 1998. The principal officer is Ashok K Malhotra. It holds total assets of $480K. Annual income is reported at $446K. Total assets have grown from $292K in 2011 to $447K in 2023. The foundation is governed by 9 officers and trustees. Donations to support the social and economically disadvantaged including support for the indo-international school to teach the poor and disadvantaged. Tax records are available from 2016 to 2023. According to available records, Ninash Foundation has made 12 grants totaling $176K, with a median grant of $12K. Annual giving has grown from $40K in 2020 to $49K in 2023. Grantmaking activity was highest in 2022 with $86K distributed across 6 grants. Individual grants have ranged from $200 to $34K, with an average award of $15K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$200
Median Grant
$12K
Average Grant
$13K
Largest Grant
$28K
Based on 3 grants from the most recent 990-PF filing.
Donations to support the social and economically disadvantaged including support for the indo-international school to teach the poor and disadvantaged
Expenses: $28K
Awards to recognize or encourage individuals to succeed in education or music
Expenses: $200
Donations to support research, education, and audiological development
Expenses: $12K
Donations to support the social and economically disadvantaged including support for the indo-international school to teach the poor and disadvantaged. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY.
Ninash Foundation has distributed a total of $176K across 12 grants. The median grant size is $12K, with an average of $15K. Individual grants have ranged from $200 to $34K.
Ninash Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (161512822) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ninash Foundation is headquartered in ONEONTA, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashok Malhotra | President | $0 | $0 | N/A |
| John Koller | Vice President | $0 | $0 | N/A |
| Raj Mahotra | Secretary | $0 | $0 | N/A |
| Linda Drake | Treasurer | $0 | $0 | N/A |
| Todd Scudiere | Director | $0 | $0 | N/A |
| Christina Malhotra | Director | $0 | $0 | N/A |
| Mimi Forman | Director | $0 | $0 | N/A |
| Ken Sider | Director | $0 | $0 | N/A |
| Ravi Malhotra | Director | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$447K
Fair Market Value
$629K
Net Worth
$447K
Grants Paid
$49K
Contributions
$29K
Net Investment Income
$7K
Distribution Amount
$28K
Total: $401K
Total Grants
12
Total Giving
$176K
Average Grant
$15K
Median Grant
$12K
Unique Recipients
3
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indo Art CultureSUPPORT FOR SCHOOL | Gujarat | $34K | 2023 |
| Reads - Research Education AudiologPOETRY MEMORIAL LIBRARY | Jaipur | $15K | 2023 |
| Various Awards To StudentsSCHOLARSHIP TO PROMOTE MUSIC EDUCATION | Oneonta, NY | $200 | 2023 |