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Raj Charitable Foundation Inc. is a private corporation based in BEAUMONT, TX. The foundation received its IRS ruling in 2016. It holds total assets of $942K. Annual income is reported at $296K. PROVIDING RESOURCES TO OTHER CHARITABLE ORGANIZATIONS. According to available records, Raj Charitable Foundation Inc. has made 24 grants totaling $255K, with a median grant of $13K. Annual giving has decreased from $78K in 2020 to $54K in 2023. Grantmaking activity was highest in 2022 with $124K distributed across 10 grants. Individual grants have ranged from $600 to $20K, with an average award of $11K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Texas and Michigan. Contributions to this foundation are tax-deductible.
PROVIDING RESOURCES TO OTHER CHARITABLE ORGANIZATIONS
Expenses: $1
PROVIDING RESOURCES TO OTHER CHARITABLE ORGANIZATIONS. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in TX, MI.
Raj Charitable Foundation Inc. has distributed a total of $255K across 24 grants. The median grant size is $13K, with an average of $11K. Individual grants have ranged from $600 to $20K.
PROVIDING RESOURCES TO OTHER CHARITABLE ORGANIZATIONS IN THE UNITED STATES OR THE REPUBLIC OF INDIA PROVIDING HOMELESS SHELTERS, FOOD BANKS, DRINKING WATER, AND EDUCATIONAL LIBRARIES. IN ADDITION, EDUCATIONAL SCHOLARSHIPS WILL BE PROVIDED TO STUDENTS OF LOW ECONOMIC STATUS IN THE UNITED STATES FOR COLLEGE EDUCATION. SUCH SCHOLARSHIPS ARE LIMITED TO 10,000 PER YEAR IN TOTAL.
Raj Charitable Foundation Inc. is headquartered in BEAUMONT, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mahender Nelakonda | DIRECTOR | $0 | $0 | $0 |
| Timothy W Grady | DIRECTOR | $0 | $0 | $0 |
| Ian Pulice | DIRECTOR | $0 | $0 | $0 |
| Sathyender Nelakonda | DIRECTOR | $0 | $0 | $0 |
| Venkateswara R Mandava | DIRECTOR | $0 | $0 | $0 |
Total Giving
$56K
Total Assets
$844K
Fair Market Value
$66K
Net Worth
$844K
Grants Paid
$54K
Contributions
$115K
Net Investment Income
$16K
Distribution Amount
$0
Total: $0
Total Grants
24
Total Giving
$255K
Average Grant
$11K
Median Grant
$13K
Unique Recipients
16
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarship In Business YadiraSCHOLARSHIPS G6360 | Austin, TX | $14K | 2023 |
| Scholarship In Business JonesSCHOLARSHIPS G6359 | Austin, TX | $14K | 2023 |
| SupplementSCHOLARSHIP FUND 329121 ID 19693691 | Anne Arbor, MI | $13K | 2023 |
| Cindy KumarSCHOLARSHIP | Beaumont, TX | $1K | 2023 |
| Chirag KhuangSCHOLARSHIP | Beaumont, TX | $1K | 2023 |
BAKERSFIELD, CA
JERSEY CITY, NJ
CUPERTINO, CA
CLARKSVILLE, TN
| Bharathi C Reddy |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Jacob S Levey | DIRECTOR | $0 | $0 | $0 |
| Keshava Reddy | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Endowed President'S ScholarshipK3728 SCHOLARSHIPS |
| Austin, TX |
| $20K |
| 2022 |
| Endowed Presitent'S ScholarshipSCHOLARSHIPS P4062 | Austin, TX | $20K | 2022 |
| Mccombs School Of BusinessSCHOLARSHIPS Q2205 | Austin, TX | $13K | 2022 |
| University Of MichiganSCHOLARSHIPS 19309223 | Anne Arbor, MI | $13K | 2022 |
| Mccombs School Of Business BbaSCHOLARSHIPS Q2206 | Austin, TX | $13K | 2022 |
| Kim GunwoodSCHOLARSHIP | Austin, TX | $650 | 2022 |
| Cindy KhuangSCHOLARSHIP | Austin, TX | $600 | 2022 |
| Ross School Of BusinessSCHOLARSHIPS | Ann Arbor, MI | $20K | 2020 |
| University Of Texas AustinSCHOLARSHIPS | Austin, TX | $13K | 2020 |
| Texas A&M UniversitySCHOLARSHIPS | College Station, TX | $8K | 2020 |
| University Of HoustonSCHOLARSHIPS | Houston, TX | $3K | 2020 |
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