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Rungta Foundation is a private corporation based in BELLAIRE, TX. The foundation received its IRS ruling in 2014. It holds total assets of $691K. Annual income is reported at $126K. Total assets have grown from $180K in 2013 to $659K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Texas and California. According to available records, Rungta Foundation has made 25 grants totaling $207K, with a median grant of $6K. Annual giving has grown from $65K in 2020 to $98K in 2022. Individual grants have ranged from $500 to $50K, with an average award of $10K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$25K
Based on 5 grants from the most recent 990-PF filing.
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.
Rungta Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in TX, CA.
Rungta Foundation has distributed a total of $207K across 25 grants. The median grant size is $6K, with an average of $10K. Individual grants have ranged from $500 to $50K.
No restrictions.
Rungta Foundation is headquartered in BELLAIRE, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Manish Rungta | DIRECTOR | $0 | $0 | N/A |
| Manju Rungta | DIRECTOR | $0 | $0 | N/A |
| Devi Rungta | DIRECTOR | $0 | $0 | N/A |
Total Giving
$127K
Total Assets
$659K
Fair Market Value
N/A
Net Worth
$659K
Grants Paid
$127K
Contributions
$100K
Net Investment Income
$9K
Distribution Amount
$30K
Total Grants
25
Total Giving
$207K
Average Grant
$10K
Median Grant
$6K
Unique Recipients
7
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| India HouseFUND THEIR CHARITABLE ACTIVITY | Houston, TX | $7K | 2022 |
| Baylor College Of MedicineFUND THEIR CHARITABLE ACTIVITY | Houston, TX | $25K | 2022 |
| Self Enquiry Life FellowsFUND THEIR CHARITABLE ACTIVITIES | Santa Barbara, CA | $13K | 2022 |
| Shri Sita Ram FoundationFUND THEIR CHARITABLE ACTIVITIES | Houston, TX | $3K | 2022 |
| Moksh Community Art IncFUND THEIR CHARITABLE ACTIVITY | Missouri City, TX | $2K | 2022 |
| Shree Radha Krishna TempleFUMD YTHEIR CHARITABLE ACTIVITY | Houston, TX | $500 | 2022 |
| Self Enquiry Life FellowshipFUND THEIRCHARITABLEACTIVITIES | Santa Barbara, CA | $10K | 2020 |
| Chinmaya Mission HoustonFUND THEIRCHARITABLE ACTIVITIES | Sugar Land, TX | — | 2020 |
| Kalikriti Performing ArtsFUND CULTURALACTIVITIES | Houston, TX | — | 2020 |
| Moksh Community Arts IncFund culturalactivities | Houston, TX | — | 2020 |
| Bellaire PtoFund educationalsupport | Bellaire, TX | — | 2020 |