//
Reddy Foundation is a private trust based in SUMMIT, NJ. The foundation received its IRS ruling in 1997. The principal officer is % Ernst & Young Us Llp. It holds total assets of $6.5M. Annual income is reported at $284K. PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. According to available records, Reddy Foundation has made 50 grants totaling $4M, with a median grant of $15K. Annual giving has grown from $420K in 2020 to $1.3M in 2024. Individual grants have ranged from $3K to $768K, with an average award of $80K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Texas, New York, California, which account for 80% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE CODE SECTION 501(C)(3). N/A
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in TX, NY, CA.
Reddy Foundation has distributed a total of $4M across 50 grants. The median grant size is $15K, with an average of $80K. Individual grants have ranged from $3K to $768K.
Reddy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reddy Foundation is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jaidev G Reddy | CO-TRUSTEE | $0 | $0 | $0 |
| Rasika G Reddy | TRUSTEE/PART-TIME | $0 | $0 | $0 |
| Srinidhi G Reddy | CO-TRUSTEE | $0 | $0 | $0 |
| Girish V Reddy | TRUSTEE/PART-TIME | $0 | $0 | $0 |
Total Giving
$1.3M
Total Assets
$6.5M
Fair Market Value
$12.8M
Net Worth
$6.5M
Grants Paid
$1.3M
Contributions
$0
Net Investment Income
$413K
Distribution Amount
$586K
Total Grants
50
Total Giving
$4M
Average Grant
$80K
Median Grant
$15K
Unique Recipients
24
Most Common Grant
$15K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dharma FundGENERAL PURPOSE | El Paso, TX | $768K | 2024 |
| Iit Madras FoundationGENERAL PURPOSE | Cupertino, CA | $305K | 2024 |
| Public Art FundGENERAL PURPOSE | New York, NY | $50K | 2024 |
| Rural EmpowermentGENERAL PURPOSE | Warsaw, NC | $45K | 2024 |
| South Asian Youth ActionGENERAL PURPOSE | Queens, NY | $35K | 2024 |
Other foundations that have funded Reddy Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Republic National Distributing Company Foundation Inc. | $13K | 2023 | FUNDRAISER |
| Republic National Distributing Company Foundation Inc. | $15K | 2022 | COMMUNITY SERVICE |
| The Leon J Simkins Charitable Foundation | $11K | 2022 | CHARITABLE |
| The Leon J Simkins Charitable Foundation | $11K | 2022 | CHARITABLE |
SARATOGA SPGS, NY
NEW CANAAN, CT
ALBANY, NY
NEW YORK, NY
| 2020 | 990PF | View |
| Wolf Ridge Environmental Learning CenterGENERAL PURPOSE |
| Finland, MN |
| $15K |
| 2024 |
| Guggenheim MuseumGENERAL PURPOSE | New York, NY | $15K | 2024 |
| Indian American Impact ProjectGENERAL PURPOSE | Washington, DC | $10K | 2024 |
| American India FoundationGENERAL PURPOSE | New York, NY | $10K | 2024 |
| Teach For AmericaGENERAL PURPOSE | New York, NY | $5K | 2024 |
| Central Park ConservancyGENERAL PURPOSE | New York, NY | $5K | 2024 |
| Pure Water FoundationGENERAL PURPOSE | Union, NJ | $5K | 2024 |
| Dia Center For The ArtsGENERAL PURPOSE | Beacon, NY | $3K | 2024 |
| Pratham UsaGENERAL PURPOSE | New York, NY | $25K | 2023 |
| Harriet Tubman Charter SchoolGENERAL PURPOSE | Bronx, NY | $25K | 2023 |
| Cornell UniversityGENERAL PURPOSE | Ithaca, NY | $15K | 2023 |
| Telangana Development ForumGENERAL PURPOSE | Bridgewater, NJ | $51K | 2022 |
| Rubin Museum Of ArtGENERAL PURPOSE | New York, NY | $50K | 2022 |
| Child Mind InstituteGENERAL PURPOSE | New York, NY | $15K | 2022 |
| Childrens Hope Of IndiaGENERAL PURPOSE | Searingtown, NY | $10K | 2022 |
| Wildlife Conservation SocietyGENERAL PURPOSE | Bronx, NY | $8K | 2022 |
| Visual Arts Center Of New JerseyGENERAL PURPOSE | Summit, NJ | $5K | 2022 |
| New Classrooms InnovationGENERAL PURPOSE | New York, NY | $5K | 2022 |
| See Statement AttachedGENERAL USE | New York, NY | $380K | 2021 |
| The Leon J Simkins Charitable Foundation | $11K | 2021 | CHARITABLE |
| The Leon J Simkins Charitable Foundation | $11K | 2021 | CHARITABLE |
| Western Union Foundation Inc. | $10K | 2021 | GIFT MATCHING GRANT |
| Alice G Hanson Family Foundation Inc. | $1K | 2021 | General support |
© 2026 Granted AI