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Prasad Family Foundation Inc. is a private corporation based in OAKTON, VA. The foundation received its IRS ruling in 2004. The principal officer is % Sangeeta Prasad. It holds total assets of $1.4M. Annual income is reported at $143K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Prasad Family Foundation Inc. has made 7 grants totaling $367K, with a median grant of $10K. Annual giving has grown from $98K in 2020 to $130K in 2022. Grantmaking activity was highest in 2021 with $138K distributed across 3 grants. Individual grants have ranged from $100 to $138K, with an average award of $52K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Virginia and District of Columbia. Contributions to this foundation are tax-deductible.
Prasad Family Foundation Inc. 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 VA, DC.
Prasad Family Foundation Inc. has distributed a total of $367K across 7 grants. The median grant size is $10K, with an average of $52K. Individual grants have ranged from $100 to $138K.
Prasad Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Prasad Family Foundation Inc. is headquartered in OAKTON, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ramnath Prasad | President | $0 | $0 | $0 |
| Sangeeta Prasad | Secretary | $0 | $0 | $0 |
Total Giving
$57K
Total Assets
$1.4M
Fair Market Value
$2.1M
Net Worth
$1.4M
Grants Paid
$52K
Contributions
$0
Net Investment Income
$105K
Distribution Amount
$106K
Total Grants
7
Total Giving
$367K
Average Grant
$52K
Median Grant
$10K
Unique Recipients
5
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of Northern ViDONOR ADVISED FUND | Oakton, VA | $120K | 2022 |
| Durga TempleGENERAL UNRESTRICTED | Fairfax Station, VA | $10K | 2022 |
| Oakton High School WrestlingGENERAL TEAM SUPPORT | Vienna, VA | $253 | 2022 |
| Alzheimer'S AssociationGENERAL UNRESTRICTED | Mclean, VA | $300 | 2021 |
| Center For Disease Dynamics EconomiGENERAL UNRESTRICTED | Washington, DC | $100 | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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