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Psquared Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $107.8M. Annual income is reported at $41.6M. Total assets have grown from $21.1M in 2019 to $107.8M in 2024. 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 2024. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Psquared Charitable Foundation has made 108 grants totaling $9.7M, with a median grant of $25K. Annual giving has grown from $657K in 2020 to $3.5M in 2023. Grantmaking activity was highest in 2022 with $5.6M distributed across 52 grants. Individual grants have ranged from $500 to $1M, with an average award of $90K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, District of Columbia, which account for 71% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$89K
Largest Grant
$1M
Based on 16 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.
Psquared Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 108 grants. Its grantmaking reaches organizations primarily in NY, MA, DC.
Psquared Charitable Foundation has distributed a total of $9.7M across 108 grants. The median grant size is $25K, with an average of $90K. Individual grants have ranged from $500 to $1M.
Psquared Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Psquared Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Monika Parekh | Dir, Pres | $0 | $0 | N/A |
| Deven Parekh | Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$107.8M
Fair Market Value
N/A
Net Worth
$107.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
108
Total Giving
$9.7M
Average Grant
$90K
Median Grant
$25K
Unique Recipients
53
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York UniversityThe Parekh Family Center for Neuroinflammation, or such other name as may be mutually determined by the parties within 60 days of execution of this Agreement (the "Center") and to support its activities (such establishment and support, the "Program") | New York, NY | $1M | 2023 |
| Fidelity Investments Charitable Gift FundThe Hypothesis Fund | Boston, MA | $500K | 2023 |
| Rockefeller Philanthropy Advisors IncCollaborative for Gender and Reproductive Equity | New York, NY | $500K | 2023 |
| The Board Of Trustees Of The Leland Stanford JunioGeneral & Unrestricted | Stanford, CA | $300K | 2023 |
| Johns Hopkins UniversityTo expedite data analyses and time-to-publication of findings in the pursuit of identifying brain changes as a marker for neurologic Lyme disease, under the direction of Dr. Cherie Marvel (Principal Researcher) and ancillary staff (one research assistant) | Baltimore, MD | $115K | 2023 |
| Public Health InstituteIn support of project "Access Bridge". | Oakland, CA | $100K | 2023 |
| Council On Foreign Relations IncGeneral & Unrestricted | New York, NY | $100K | 2023 |
| Advocates For Youthto support the AMAZE program and unrestricted | Washington, DC | $100K | 2023 |
| Carnegie Endowment For International PeaceGeneral & Unrestricted | Washington, DC | $100K | 2023 |
| If When HowGeneral & Unrestricted | Oakland, CA | $50K | 2023 |
| Publicolor IncSupport of Publicolor's 2023 Stir, Splatter + Roll | New York, NY | $50K | 2023 |
| Trustees Of The University Of PennsylvaniaDesignation: Council for Discovery Science | Philadelphia, PA | $50K | 2023 |
| 19th NewsGeneral & Unrestricted | Austin, TX | $50K | 2023 |
| Utah Film CenterIn support of the film 'Plan C' | Salt Lake City, UT | $50K | 2023 |
| Healthy Mothers Healthy Babies Coalition Of GeorgiGeneral & Unrestricted | Atlanta, GA | $50K | 2023 |
| Women Make Movies IncUvalde Untitled documentary | New York, NY | $50K | 2023 |
| Resist IncFor "Birth Center Equity" | Jamaica Plain, MA | $40K | 2023 |
| Sundance InstituteGeneral & Unrestricted | Park City, UT | $35K | 2023 |
| National Network Of Abortion FundsGeneral & Unrestricted | New York, NY | $25K | 2023 |
| Tisch Multiple Sclerosis Research Center Of New YoGeneral & Unrestricted | New York, NY | $25K | 2023 |
| Jacques Pepin FoundationCharitable Event | Barrington, RI | $25K | 2023 |
| Breakfast RevolutionGeneral & Unrestricted | Boston, MA | $20K | 2023 |
| Women Moving Millions IncGeneral & Unrestricted | New York, NY | $20K | 2023 |
| Center For Independent Documentary IncGrant to support the documentary Cutting through Rocks | Newton, MA | $10K | 2023 |
| Equality Now IncGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Commonsense Childbirth IncIn support of "Ancient Song Doula Services" | Winter Garden, FL | $10K | 2023 |
| Brigid Alliance IncGeneral & Unrestricted | New York, NY | $5K | 2023 |
| Chicken & Egg Pictures IncGeneral & Unrestricted | Brooklyn, NY | $5K | 2023 |
| Vassar CollegeAdmissions and Career Center | Poughkeepsie, NY | $5K | 2023 |
| Texas Tribune IncGeneral & Unrestricted | Austin, TX | $5K | 2023 |
| Meeting House Family Center IncGeneral & Unrestricted | New York, NY | $3K | 2023 |
| Asian American Writers Workshop IncGeneral & Unrestricted | New York, NY | $1K | 2023 |
| Vines FoundationGeneral & Unrestricted | Seattle, WA | $700 | 2023 |
| New York University - Langone HealthThe Parekh Family Center for Neuroinflammation | New York, NY | $1M | 2022 |
| Robert F Kennedy Center For Justice And Human Righ2021 RFK Ripple of Hope Fund | Washington, DC | $92K | 2022 |