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Preethi Mani Foundation is a private corporation based in FRISCO, TX. The foundation received its IRS ruling in 2022. The principal officer is Mani Shanmugam. It holds total assets of $13.5M. Annual income is reported at $11.2M. Total assets have grown from $2.5M in 2021 to $13.5M in 2022. The foundation is governed by 2 officers and trustees. Women empowerment. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2022. Grantmaking is concentrated in Texas. According to available records, Preethi Mani Foundation has made 6 grants totaling $534K, with a median grant of $10K. Annual giving has grown from $34K in 2021 to $500K in 2022. Individual grants have ranged from $7K to $250K, with an average award of $89K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Preethi Mani Foundation reported 6 individual grants totaling $534,001 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $10,001. Half of those grants fell between $7,125 and $190,625. Its largest single grant in the record was $250,000. Its most recent available filing, for fiscal year 2022, reports $250,495 in total giving.
Grantmaking is concentrated in TX, which received 6 of the 6 grants on record (100 percent). Of its 2 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception.
Computed from 6 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$7K
Median Grant
$7K
Average Grant
$9K
Largest Grant
$13K
Based on 4 grants from the most recent 990-PF filing.
Women empowerment
Expenses: $250K
Women empowerment. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX.
Preethi Mani Foundation has distributed a total of $534K across 6 grants. The median grant size is $10K, with an average of $89K. Individual grants have ranged from $7K to $250K.
Preethi Mani Foundation typically selects its grantees rather than accepting unsolicited proposals.
Preethi Mani Foundation is headquartered in FRISCO, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Manivannan Shanmugam | TRUSTEE & TR | $0 | $0 | N/A |
| Preeti Gurunathan | TRUSTEE | $0 | $0 | N/A |
Total Giving
$250K
Total Assets
$13.5M
Fair Market Value
N/A
Net Worth
$13.5M
Grants Paid
$250K
Contributions
$11.2M
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$534K
Average Grant
$89K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nanban FounadtionWOMEN EMPOWERMENT | Frisco, TX | $250K | 2022 |
| Nanban FoundationOVERSEAS BETTERMENT OF INDIA | Frisco, TX | $13K | 2021 |