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Reddy Foundation is a private corporation based in GOLDEN VALLEY, MN. The foundation received its IRS ruling in 2009. It holds total assets of $2.6M. Annual income is reported at $618K. Total assets have grown from $804K in 2011 to $2.6M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. According to available records, Reddy Foundation has made 4 grants totaling $122K, with a median grant of $31K. Individual grants have ranged from $251 to $61K, with an average award of $31K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Minnesota and New Jersey. Contributions to this foundation are tax-deductible.
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.
Reddy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN, NJ.
Reddy Foundation has distributed a total of $122K across 4 grants. The median grant size is $31K, with an average of $31K. Individual grants have ranged from $251 to $61K.
Reddy Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (264279465) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Reddy Foundation is headquartered in GOLDEN VALLEY, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madhu Reddy | PRESIDENT | $0 | $0 | N/A |
| Deepak Reddy | DIRECTOR | $0 | $0 | N/A |
| Jyothsna Reddy | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.6M
Fair Market Value
N/A
Net Worth
$2.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$122K
Average Grant
$31K
Median Grant
$31K
Unique Recipients
2
Most Common Grant
$61K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sv CenterOPERATING | Edina, MN | $61K | 2022 |
| Bhagwan Swaminarayan (Baps)OPERATING | Windsor, NJ | $251 | 2022 |