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Sastry Foundation is a private corporation based in W BLOOMFIELD, MI. The foundation received its IRS ruling in 2011. The principal officer is S Dattu Sastry. It holds total assets of $2.6M. Annual income is reported at $2M. Total assets have grown from $189K in 2011 to $830K in 2023. 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 2016 to 2023. According to available records, Sastry Foundation has made 2 grants totaling $1K, with a median grant of $500. Grant recipients are concentrated in Michigan. 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.
Sastry Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MI.
Sastry Foundation has distributed a total of $1K across 2 grants. The median grant size is $500, with an average of $500. Individual grants have ranged from $500 to $500.
Sastry Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sastry Foundation is headquartered in W BLOOMFIELD, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashok Sastry | Director | $0 | $0 | N/A |
| Pushpa Sastry | President | $0 | $0 | N/A |
| Anil Sastry | Treasurer | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$830K
Fair Market Value
$1.2M
Net Worth
$830K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$533K
Distribution Amount
$48K
Total Grants
2
Total Giving
$1K
Average Grant
$500
Median Grant
$500
Unique Recipients
1
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace Centers Of HopeGENERAL DONATION | Pontiac, MI | $500 | 2022 |