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Smaartz Foundation Inc. is a private corporation based in NEW CITY, NY. The foundation received its IRS ruling in 2016. It holds total assets of $228K. Annual income is reported at $40K. Total assets have grown from $110K in 2019 to $209K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Smaartz Foundation Inc. has made 25 grants totaling $81K, with a median grant of $1K. Annual giving has decreased from $14K in 2020 to $5K in 2023. Grantmaking activity was highest in 2021 with $34K distributed across 7 grants. Individual grants have ranged from N/A to $20K, with an average award of $3K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in California, New York, Delaware, which account for 44% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$6K
Based on 6 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.
Smaartz Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in CA, NY, DE.
Smaartz Foundation Inc. has distributed a total of $81K across 25 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from N/A to $20K.
Smaartz Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Smaartz Foundation Inc. is headquartered in NEW CITY, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ramsita Pisipati | VICE PRESIDE | $0 | $0 | N/A |
| Aniruddh Marellapudi | TREASURER | $0 | $0 | N/A |
| Srinivas Ravi | PRESIDENT | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$209K
Fair Market Value
$209K
Net Worth
$209K
Grants Paid
$5K
Contributions
$100K
Net Investment Income
N/A
Distribution Amount
$8K
Total Grants
25
Total Giving
$81K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
17
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Venkateswarlu PannalaCHARITABLE PURPOSE | Telangana | $2K | 2023 |
| Kumar Akarapu VmsCHARITABLE PURPOSE | Visakhapatnam | $1K | 2023 |
| Telugu Literacy And Cultural AssocCHARITABLE PURPOSE | Bayside Hills, NY | $1K | 2023 |
| Go Fund MeCHARITABLE PURPOSE | Redwood City, CA | $518 | 2023 |
| University Of Southern CaliforniaCHARITABLE PURPOSE | Los Angeles, CA | $20K | 2022 |
| Arun MalhotraCHARITABLE PURPOSE | Wilmington, DE | $3K | 2022 |
| Giridhar AkarapuCHARITABLE PURPOSE | Huntington, WV | $1K | 2022 |
| Rohit PisipatiCHARITABLE PURPOSE | Nagpur | $641 | 2022 |
| Deepa Sree JonnalagaddaCHARITABLE PURPOSE | Hyderabad | N/A | 2022 |
| Sri Ranganatha TempleCHARITABLE PURPOSE | Pomona, NY | $5K | 2021 |
| Visakhapatnam TempleCHARITABLE PURPOSE | Visakhapatnam | $4K | 2021 |
| Vendula SatyaCHARITABLE PURPOSE | Telangana | $2K | 2021 |
| Ramesh KumarCHARITABLE PURPOSE | Telangana | $344 | 2021 |
| Theresa MannoCHARITABLE PURPOSE | Bronx, NY | $3K | 2020 |
| Sivalayam TrustCHARITABLE PURPOSE | Visakhapatnam | $1K | 2020 |
| Sri Trimurtika Venkateswara TempleCHARITABLE PURPOSE | Tirupati | $1K | 2020 |
| Sai Baba TempleCHARITABLE PURPOSE | Ahmednagar | $1K | 2020 |