//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ramoo And Radhakrishnan Family Foundation is a private corporation based in ASHBURN, VA. The foundation received its IRS ruling in 2021. The principal officer is Regu R Ramoo. It holds total assets of $13.9M. Annual income is reported at $2.3M. Total assets have grown from $2.2M in 2020 to $10.6M in 2023. The foundation is governed by 2 officers and trustees. Grant making. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Ramoo And Radhakrishnan Family Foundation has made 15 grants totaling $1.1M, with a median grant of $60K. Annual giving has decreased from $755K in 2022 to $380K in 2023. Individual grants have ranged from $13K to $175K, with an average award of $76K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Ohio and Michigan. Contributions to this foundation are tax-deductible.
Grant making
Expenses: $120K
Grant making. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in OH, MI.
Ramoo And Radhakrishnan Family Foundation has distributed a total of $1.1M across 15 grants. The median grant size is $60K, with an average of $76K. Individual grants have ranged from $13K to $175K.
Ramoo And Radhakrishnan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ramoo And Radhakrishnan Family Foundation is headquartered in ASHBURN, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regu R Ramoo | TREASURER | $0 | $0 | N/A |
| Usha K Ramoo | PRESIDENT | $0 | $0 | N/A |
Total Giving
$531K
Total Assets
$10.6M
Fair Market Value
$10.6M
Net Worth
$10.5M
Grants Paid
$380K
Contributions
N/A
Net Investment Income
$934K
Distribution Amount
$453K
Total: $6.4M
Total Grants
15
Total Giving
$1.1M
Average Grant
$76K
Median Grant
$60K
Unique Recipients
6
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wayne State UniversitySupport Inner City Kids in Michigan pursuing STEM education | Detroit, MI | $100K | 2023 |
| Ohio State UniversityThe program seeks to increase the number of first-generation low-income underrepresented students at OSU. It Provides opportunity for academically talented students from Ohio's nine largest Urban Centers with high financial need to pursue higher education. Support Inner City Kids in Michigan pursuing STEM education | Columbus, OH | $100K | 2023 |
| Compassion Fund LtdProvide immediate financial help to students from low income families facing the crisis of a recent death or accident of a family member resulting in loss of income to help the student stay in School. Free Breast Cancer screening and Treatment for women living in the slums in Mumbai & Pune. This organization has a current equivalency letter as described in Rev. Proc. 2017-53. | Singapore | $60K | 2023 |
| Yayasan Karang WidyaSupport Inner City Kids in Jarkata teaching them farming skills. This organization has a current equivalency opinion as described in Rev. Proc. 2017-53. | Cianjur Regency | $60K | 2023 |
| Nag FoundationFree Breast Cancer screening and Treatment for women living in the slums in Mumbai & Pune. This organization has a current equivalency letter as described in Rev. Proc. 2017-53. | Pune | $60K | 2023 |
| R And R Charitable FundVarious US Philanthropic Missions | Cinacinnati, OH | $175K | 2022 |