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The Asha And Sajjan Agarwal Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2008. The principal officer is % Wcsr. It holds total assets of $134.4M. Annual income is reported at $66.8M. During 2021, the Foundation started a new Direct Charitable Activity referred to as the Agarwal Scholars Program (the "Program"). The Program provides support to "At Risk Students" (grades 6-12), to ensure all students are provided the opportunity to a quality education, preparing them for post-secondary education and careers. For each student in the Program, an Educational Professional will assess the needs, direct resources and become the advocate of the student with recurring interaction, support and mentoring throughout the entire grant period. The Foundation hired an Education Professional with specific expertise in serving the target group, developed a student care model, set-up monitoring controls, developed an independent selection process and obtained preapproval from the IRS. During 2021, the Foundation incurred costs in setting up and establishing the Program but did not start the selection process or implement the Program until late February 2022. According to available records, The Asha And Sajjan Agarwal Foundation has made 52 grants totaling $7.9M, with a median grant of $50K. Annual giving has grown from $1M in 2020 to $3.4M in 2023. Individual grants have ranged from $3K to $2M, with an average award of $152K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in California, North Carolina, Texas, which account for 69% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
During 2021, the Foundation started a new Direct Charitable Activity referred to as the Agarwal Scholars Program (the "Program"). The Program provides support to "At Risk Students" (grades 6-12), to ensure all students are provided the opportunity to a quality education, preparing them for post-secondary education and careers. For each student in the Program, an Educational Professional will assess the student's needs, direct resources, and become the advocate of the student with recurring interaction, support and mentoring throughout the entire grant period. The Foundation hired an Educational Professional with specific expertise in serving the target group, developed a student care model, established monitoring controls, developed an independent selection process, and obtained preapproval from the IRS. During 2023, the Foundation served 28 students.
Expenses: $96K
During 2021, the Foundation started a new Direct Charitable Activity referred to as the Agarwal Scholars Program (the "Program"). The Program provides support to "At Risk Students" (grades 6-12), to ensure all students are provided the opportunity to a quality education, preparing them for post-secondary education and careers. For each student in the Program, an Educational Professional will assess the needs, direct resources and become the advocate of the student with recurring interaction, support and mentoring throughout the entire grant period. The Foundation hired an Education Professional with specific expertise in serving the target group, developed a student care model, set-up monitoring controls, developed an independent selection process and obtained preapproval from the IRS. During 2021, the Foundation incurred costs in setting up and establishing the Program but did not start the selection process or implement the Program until late February 2022. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in CA, NC, TX.
The Asha And Sajjan Agarwal Foundation has distributed a total of $7.9M across 52 grants. The median grant size is $50K, with an average of $152K. Individual grants have ranged from $3K to $2M.
The Asha And Sajjan Agarwal Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Asha And Sajjan Agarwal Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richa Deedwania | VP/Director | $0 | $0 | $0 |
| Linwood A Jackson | Secretary/Treasurer/Director | $0 | $0 | $0 |
| Rohit Agarwal | VP/Director | $0 | $0 | $0 |
| Ankit Agarwal | VP/Director | $0 | $0 | $0 |
| Asha Rani Agarwal | President/Director | $0 | $0 | $0 |
Total Giving
$4.2M
Total Assets
$86.6M
Fair Market Value
$86.6M
Net Worth
$86.5M
Grants Paid
$3.4M
Contributions
$13.2M
Net Investment Income
$1.3M
Distribution Amount
$4M
Total: $37.5M
Total Grants
52
Total Giving
$7.9M
Average Grant
$152K
Median Grant
$50K
Unique Recipients
28
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundGeneral support | San Francisco, CA | $2M | 2023 |
| Rishihood FoundationDevelopment & up-fitting of a Student Resident Facility supporting Rishihood University | Delhi North West | $625K | 2023 |
| Global Hindu FederationProject to research anti-Indic sentiment | London | $125K | 2023 |
| Ymca Of The TriangleTo supplement learning for students who struggle to reach school-system benchmarks | Raleigh, NC | $100K | 2023 |
| Hindu American FoundationGeneral support | Washington, DC |
CUPERTINO, CA
DURHAM, NC
MIAMI, FL
SARASOTA, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $100K |
| 2023 |
| Hindu Society Of NcMeet religious, cultural, linguistic and spiritual needs, promote India's rich heritage | Morrisville, NC | $100K | 2023 |
| Raleigh Rescue MissionServing the homeless in the Raleigh community | Raleigh, NC | $100K | 2023 |
| HinduactionEducation, Advocacy and Leadership | West Chester, OH | $50K | 2023 |
| Vaishnbav Samaj Of Rtp IncSupport religious and humantarian activities | Cary, NC | $50K | 2023 |
| Art Of Living FoundationEducational, charitable and humanitarian projects | Cupertino, CA | $50K | 2023 |
| Global Network FoundationEducation SEALA Scholarship Fund | Atlanta, GA | $25K | 2023 |
| Unc Gillings School Of Global Public HealthGeneral support | Chapel Hill, NC | $25K | 2023 |
| Duke University Health System IncPatient care, education, and research | Durham, NC | $14K | 2023 |
| Hindu University Of AmericaEducation - general university support | Orlando, FL | $300K | 2022 |
| Sri Venkateswara Temple Of North CarolinaFor Hindu temple and to uphold Hindu religious activities | Cary, NC | $200K | 2022 |
| Ekal Vidyalaya Foundation Of UsaBring education and empowerment to remote rural india | Houston, TX | $175K | 2022 |
| Pratham UsaEducation in India | Houston, TX | $50K | 2022 |
| The Carying PlaceHelp for underprivileged families in Wake County | Cary, NC | $25K | 2022 |
| Contemporary Art MuseumCAM-To-Go | Raleigh, NC | $5K | 2021 |
| The Ymca Of The Triangle Area Inc2020 Annual Campaign - after school programs | Raleigh, NC | $75K | 2020 |
| Global Network Foundation IncEducation SEALA 6 Scholarship Fund | Atlanta, GA | $25K | 2020 |
| Food Bank Of Central Eastern Nc IncGeneral support | Raleigh, NC | $20K | 2020 |
| Hindu Society Of North CarolinaPublic Awareness of India Community and Rich Heritage | Morrisville, NC | $20K | 2020 |
| Note In The PocketProvide clothing to needy & homeless children | Raleigh, NC | $10K | 2020 |
| The Keswell SchoolDevelop new ways to help autistic individuals | New York, NY | $10K | 2020 |
| Triangle Area Hindu Temple AssociatGeneral support | Cary, NC | $5K | 2020 |
| North Carolina Arts In Action IncGeneral support | Durham, NC | $3K | 2020 |
| The Carying Place IncHelp with short term housing for homeless | Cary, NC | $3K | 2020 |
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