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Rekha & Sudhir Puranik Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2018. The principal officer is Mimi Guajardo. It holds total assets of $37K. Annual income is reported at $149K. Total assets have decreased from $266K in 2019 to $37K in 2024. The foundation is governed by 3 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 2018 to 2024. According to available records, Rekha & Sudhir Puranik Foundation has made 7 grants totaling $25K, with a median grant of $4K. Annual giving has grown from $272 in 2020 to $25K in 2022. Individual grants have ranged from $272 to $7K, with an average award of $4K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and New York. 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.
Rekha & Sudhir Puranik Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TX, NY.
Rekha & Sudhir Puranik Foundation has distributed a total of $25K across 7 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $272 to $7K.
Rekha & Sudhir Puranik Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rekha & Sudhir Puranik Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bhakti Salunkhe | EXECUTIVE DI | $95K | $8K | $103K |
| Revati Puranik | PRESIDENT & | $0 | $0 | N/A |
| Rekha Puranik | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$37K
Fair Market Value
N/A
Net Worth
$37K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$25K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
4
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blackwoodland Educational Land InstGENERAL PURPOSE GRANT | Hempstead, TX | $7K | 2022 |
| Un Women For Peace AssociationGENERAL PURPOSE GRANT | New York, NY | $4K | 2022 |
| Greater Houston Community FoundatioGENERAL PURPOSE GRANT | Houston, TX | $2K | 2022 |
| Vision International Learning CenterVARIOUS SUPPLIES | Pune | $272 | 2020 |