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Ramaswamy Bansal Family Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2021. The principal officer is Kuehnis & Associates Cpas Ll. It holds total assets of $16.9M. Annual income is reported at $1.6M. Total assets have grown from $11.6M in 2019 to $16.9M 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. Grantmaking is concentrated in California. According to available records, Ramaswamy Bansal Family Foundation has made 22 grants totaling $3.2M, with a median grant of $10K. Annual giving has grown from $287K in 2020 to $1.2M in 2023. Individual grants have ranged from $271 to $996K, with an average award of $145K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in New York, California, Rhode Island, which account for 86% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$473
Median Grant
$10K
Average Grant
$153K
Largest Grant
$720K
Based on 5 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.
Ramaswamy Bansal Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, CA, RI.
Ramaswamy Bansal Family Foundation has distributed a total of $3.2M across 22 grants. The median grant size is $10K, with an average of $145K. Individual grants have ranged from $271 to $996K.
Ramaswamy Bansal Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ramaswamy Bansal Family Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sridhar Ramaswamy | CEO & CFO | $0 | $0 | N/A |
| Seema Bansal | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$16.9M
Fair Market Value
N/A
Net Worth
$16.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$3.2M
Average Grant
$145K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityPERFORMING ARTS BUILDING & THE BROWN FUND | Providence, RI | $100K | 2023 |
| Morgan Stanley DafGRANT | New York, NY | $996K | 2023 |
| Iit Madras FoundationGRANT | Cupertino, CA | $50K | 2023 |
| The Akshaya Patra FoundationGRANT | Fremont, CA | $10K | 2023 |
| Schf Uste Lp K-1PER K-1 | Menlo Park, CA | $923 | 2023 |
| Coop Careers IncGRANT | San Francisco, CA | $25K | 2021 |
| The American India FoundationGRANT | Palo Alto, CA | $10K | 2021 |
| Management Leadership For TomorrowGRANT | Bethesda, MD | $6K | 2020 |
| Hopewell FundGRANT | Washington, DC | $6K | 2020 |
| Pratham UsaGRANT | Houston, TX | $5K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA