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Prasad Jain Fam Foundation is a private trust based in BETHESDA, MD. The foundation received its IRS ruling in 2010. The principal officer is Sanjay And Deepike Prasad. It holds total assets of $275K. Annual income is reported at N/A. The foundation is governed by 2 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 2016 to 2023. According to available records, Prasad Jain Fam Foundation has made 2 grants totaling $1K, with a median grant of $550. Annual giving has decreased from $1K in 2020 to $100 in 2023. Individual grants have ranged from $100 to $1K, with an average award of $550. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
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.
Prasad Jain Fam Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MD.
Prasad Jain Fam Foundation has distributed a total of $1K across 2 grants. The median grant size is $550, with an average of $550. Individual grants have ranged from $100 to $1K.
Prasad Jain Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Prasad Jain Fam Foundation is headquartered in BETHESDA, MD.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjay Prasad | Trustee | $0 | $0 | N/A |
| Deepika Prasad | Trustee | $0 | $0 | N/A |
Total Giving
$100
Total Assets
$294K
Fair Market Value
$294K
Net Worth
$294K
Grants Paid
$100
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$1K
Average Grant
$550
Median Grant
$550
Unique Recipients
2
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Many Handscharity | Chevy Chase, MD | $1K | 2020 |
| Race & Health FoundationTHE ENTITY HAS CONTRIBUTED $100 TO ANOTHER NON-PROFIT FOUNDATION. | Potomac, MD | $100 | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD