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Sathi Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2008. The principal officer is Bhadra Shah. It holds total assets of $1.9M. Annual income is reported at $142K. Total assets have grown from $349K in 2011 to $1.9M 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. The foundation primarily funds organizations in California and New York. According to available records, Sathi Foundation Inc. has made 13 grants totaling $220K, with a median grant of $5K. Annual giving has grown from $78K in 2021 to $118K in 2023. Individual grants have ranged from $2K to $100K, with an average award of $17K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, California, Illinois, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$15K
Average Grant
$26K
Largest Grant
$60K
Based on 3 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.
Sathi Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, CA, IL.
Sathi Foundation Inc. has distributed a total of $220K across 13 grants. The median grant size is $5K, with an average of $17K. Individual grants have ranged from $2K to $100K.
Sathi Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (113764619) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Sathi Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bhadra Shah | OFFICER | $0 | $0 | N/A |
| Pooja Shah | SECRETARY | $0 | $0 | N/A |
| Manish Gajiwala | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$220K
Average Grant
$17K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Divyajyoti TrustCHARITY | New York, NY | $100K | 2023 |
| Rkm CenterCHARITY | New York, NY | $10K | 2023 |
| Vivekananda Study & Philanthropic CWELLBEING OF MANKIND | Queens, NY | $6K | 2023 |
| Educare FoundationEDUCATION | Iselin, NJ | $2K | 2023 |
| India Developement ServiceCHARITABLE | Oak Park, IL | $5K | 2022 |
| Aarti FoundationWELLBING OF MANKIND | Floral Park, NY | $2K | 2022 |
| Ramakrishna FoundationWELLBEING OF MANKIND | Culver City, CA | $60K | 2021 |