//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rama And Shashi Marda Foundation is a private corporation based in UPPER HOLLAND, PA. The foundation received its IRS ruling in 2013. The principal officer is Rama Marda. It holds total assets of $46.1M. Annual income is reported at $22.7M. Total assets have grown from N/A in 2013 to $47.5M in 2023. 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. Funding is distributed across 6 states, including Pennsylvania, New York, Massachusetts. According to available records, Rama And Shashi Marda Foundation has made 54 grants totaling $5.9M, with a median grant of $25K. Annual giving has grown from $610K in 2020 to $3M in 2023. Individual grants have ranged from $500 to $2M, with an average award of $109K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Delaware, Pennsylvania, New York, which account for 50% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$83K
Largest Grant
$300K
Based on 10 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.
Rama And Shashi Marda Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in DE, PA, NY.
Rama And Shashi Marda Foundation has distributed a total of $5.9M across 54 grants. The median grant size is $25K, with an average of $109K. Individual grants have ranged from $500 to $2M.
Rama And Shashi Marda Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rama And Shashi Marda Foundation is headquartered in UPPER HOLLAND, PA. While based in PA, the foundation distributes grants to organizations across 12 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$3.1M
Total Assets
$47.5M
Fair Market Value
$56.5M
Net Worth
$47.5M
Grants Paid
$3M
Contributions
N/A
Net Investment Income
$6.9M
Distribution Amount
$1.9M
Total: $47M
Total Grants
54
Total Giving
$5.9M
Average Grant
$109K
Median Grant
$25K
Unique Recipients
27
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Delaware501c3 | Newark, DE | $2M | 2023 |
| Hospital For Special Surgery501c3 | New York, NY | $200K | 2023 |
| Tpirc501c3 | Long Beach, CA | $200K | 2023 |
| St Mary Medical Center501c3 | Langhorne, PA | $200K | 2023 |
| Trustee Of Univ Of Pa501c3 | Philadelphia, PA | $100K | 2023 |
| Coalition For Radical Life Extensio501c3 | Scottsdale, AZ | $70K | 2023 |
| Thomas Jefferson University501c3 | Philadelphia, PA | $50K | 2023 |
| Doylestown Health Foundation501c3 | Doylestown, PA | $50K | 2023 |
| Ichan School Of Medicine501c3 | New York, NY | $25K | 2023 |
| Mass General Hospital501c3 | Boston, MA | $25K | 2023 |
| Northampton Senior Center501c3 | Richboro, PA | $15K | 2023 |
| Breakthrough Greater Phildelphia501c3 | Philadelphia, PA | $10K | 2023 |
| Green Chillies Enttertainment501c3 | Royersford, PA | $10K | 2023 |
| Glioblastoma Foundation501c3 | Durham, NC | $5K | 2023 |
| Michael Fox Foundationfor Parkinson501c3 | Newyork, NY | $2K | 2023 |
| Tenacity Inc501c3 | Boston, MA | $1K | 2023 |
| Georgetown Lombardi501c3 | Dc, DC | $500 | 2023 |
| Carecharitable | Merrifield, VA | $25K | 2022 |
| Friends Of The Elliot Schoolcharitable | Boston, MA | $15K | 2022 |
| Penn State Health Childrens Hospitacharitable | Hershey, PA | $1K | 2022 |
| Rotary Foundation501c3 | Chicago, IL | $53K | 2021 |
| Chinmaya Mission501c3 | Cranbury, NJ | $40K | 2021 |
| Indian Circle For Caring501c3 | Boston, MA | $25K | 2021 |
| Max Life Foundation501c3 | Newport Beach, CA | $25K | 2021 |
| Ekal Vidyalaya501c3 | Houston, TX | $10K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA