//
Also known as: Foundation
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Pratima And Vikrant Raina Family Foundation is a private trust based in WEST NEWTON, MA. The foundation received its IRS ruling in 2019. The principal officer is Pratima Abichandani. It holds total assets of $674K. Annual income is reported at $657K. Total assets have grown from $123K in 2019 to $452K in 2023. 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 2020 to 2023. Funding is distributed across 5 states, including Massachusetts, Pennsylvania, Texas. According to available records, Pratima And Vikrant Raina Family Foundation has made 32 grants totaling $807K, with a median grant of $5K. Annual giving has grown from $118K in 2021 to $553K in 2023. Individual grants have ranged from $250 to $400K, with an average award of $25K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Massachusetts, Texas, Connecticut, which account for 69% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$4K
Average Grant
$9K
Largest Grant
$27K
Based on 8 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.
Pratima And Vikrant Raina Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MA, TX, CT.
Pratima And Vikrant Raina Family Foundation has distributed a total of $807K across 32 grants. The median grant size is $5K, with an average of $25K. Individual grants have ranged from $250 to $400K.
Pratima And Vikrant Raina Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pratima And Vikrant Raina Family Foundation is headquartered in WEST NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vikrant Raina | Trustee | $0 | $0 | N/A |
| Pratima Abichandani | Trustee | $0 | $0 | N/A |
Total Giving
$562K
Total Assets
$452K
Fair Market Value
$452K
Net Worth
$452K
Grants Paid
$553K
Contributions
$288K
Net Investment Income
$246K
Distribution Amount
$30K
Total: $316K
Total Grants
32
Total Giving
$807K
Average Grant
$25K
Median Grant
$5K
Unique Recipients
16
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Business SchoolGeneral Support | Boston, MA | $25K | 2023 |
| Fidelity Investments Charitable Gift FundGeneral Support | Boston, MA | $400K | 2023 |
| Yale UniversityGeneral Support | New Haven, CT | $50K | 2023 |
| Pratham UsaGeneral Support | Houston, TX | $38K | 2023 |
| Buckingham Browne And Nichols SchoolGeneral Support | Cambridge, MA | $25K | 2023 |
| Agape Aids Orphan CareGeneral Support | Medfield, MA | $5K | 2023 |
| Rutgers University FoundationGeneral Support | New Brunswick, NJ | $5K | 2023 |
| Horizons Greater BostonGeneral Support | Dedham, MA | $3K | 2023 |
| Doctors Without Borders UsaGeneral Support | New York, NY | $1K | 2023 |
| Archipelago BooksGeneral Support | Brooklyn, NY | $1K | 2023 |
| Ny International Children'S Film FestivalGeneral Support | New York, NY | $375 | 2023 |
| Potcake Place K9 Rescue UsaGeneral Support | Newton, MA | $250 | 2023 |
| Dedham Country Day SchoolHorizons at DCD | Dedham, MA | $3K | 2022 |
| Kashmiri Overseas AssociationGeneral Support | Newtown, PA | $1K | 2022 |
| Spca Of Wake CountyGeneral Support | Raleigh, NC | $250 | 2022 |
| Saheli IncGeneral Support | Burlington, MA | $250 | 2022 |