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Ravi B Reddy Foundation Inc. is a private corporation based in MORRISTOWN, NJ. The foundation received its IRS ruling in 2011. The principal officer is % Ravi Reddy. It holds total assets of $277K. Annual income is reported at $92K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ravi B Reddy Foundation Inc. has made 12 grants totaling $3.6M, with a median grant of $10K. Annual giving has grown from $17K in 2021 to $34K in 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 4 grants. Individual grants have ranged from $500 to $1.8M, with an average award of $298K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New Jersey, New York, California, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Ravi B Reddy Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ, NY, CA.
Ravi B Reddy Foundation Inc. has distributed a total of $3.6M across 12 grants. The median grant size is $10K, with an average of $298K. Individual grants have ranged from $500 to $1.8M.
Ravi B Reddy Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ravi B Reddy Foundation Inc. is headquartered in MORRISTOWN, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Naveen Reddy | Trustee | $0 | $0 | $0 |
| Ravi Reddy | President | $0 | $0 | $0 |
Total Giving
$52K
Total Assets
$335K
Fair Market Value
$433K
Net Worth
$335K
Grants Paid
$34K
Contributions
$0
Net Investment Income
$17K
Distribution Amount
$21K
Total Grants
12
Total Giving
$3.6M
Average Grant
$298K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Comm Pure Water - Nandita Das InitiCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | Wor Li Mumbai | $12K | 2023 |
| Ink Global FoundationCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | Santa Clara, CA | $10K | 2023 |
| Community Pure Water Foundation IncCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | Union, NJ | $5K | 2023 |
| American India FoundationCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | New York, NY | $4K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Solar Village ProjectCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. |
| Crofton, MD |
| $4K |
| 2023 |
| Telengana Development ForumCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | Vienna, VA | $6K | 2021 |
| Halos For AngelsCHARITABLE AND EDUCATIONAL PURPOSES AND FOR THE RELIEF OF POVERTY IN ACCORDANCE WITH ORGANIZATION DOCUMENT. | Florham Park, NJ | $500 | 2021 |
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