//
Also known as: Foundation
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Nilendu And Renu Srivastava Family Foundtion is a private trust based in LYNNFIELD, MA. The foundation received its IRS ruling in 2017. The principal officer is Wealth Management Advisors. It holds total assets of $19.9M. Annual income is reported at $17M. Total assets have grown from $2.6M in 2019 to $4.9M in 2023. The foundation is governed by 4 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 2017 to 2023. According to available records, The Nilendu And Renu Srivastava Family Foundtion has made 3 grants totaling $138K, with a median grant of $19K. Individual grants have ranged from $11K to $108K, with an average award of $46K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Hampshire and California. 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.
The Nilendu And Renu Srivastava Family Foundtion primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NH, CA.
The Nilendu And Renu Srivastava Family Foundtion has distributed a total of $138K across 3 grants. The median grant size is $19K, with an average of $46K. Individual grants have ranged from $11K to $108K.
The Nilendu And Renu Srivastava Family Foundtion typically selects its grantees rather than accepting unsolicited proposals.
The Nilendu And Renu Srivastava Family Foundtion is headquartered in LYNNFIELD, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachana S Suchdev | TRUSTEE | $0 | $0 | N/A |
| Bhaskar Srivastava | TRUSTEE | $0 | $0 | N/A |
| Renu Srivastava | DONOR & TRUSTEE | $0 | $0 | N/A |
| Nilendu Srivastava | DONOR & TRUSTEE | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$4.9M
Fair Market Value
$5.2M
Net Worth
$4.9M
Grants Paid
$138K
Contributions
$755K
Net Investment Income
$113K
Distribution Amount
$198K
Total Grants
3
Total Giving
$138K
Average Grant
$46K
Median Grant
$19K
Unique Recipients
3
Most Common Grant
$11K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ved Vignan MahavidyapeethTO DEVELOP AN EDUCATIONAL AND CHARITABLE ORGANIZATION TO TEACH AND DISSEMINATE MATERIAL TO THE PUBLIC, INCLUDING BUT NOT LIMITED TO, RELATING TO STRESS MANAGEMENT, PERSONALITY DEVELOPMENT, MEDITATION, YOGA AND UPLIFTING HUMAN VALUES. | Nashua, NH | $108K | 2023 |
| Art Of Living Foundation - Care For ChildrenTO PROVIDE SUPPORT FOR HOLISTIC EDUCATION TO CHILDREN FROM DISADVANTAGED BACKGROUNDS IN RURAL, TRIBAL AND URBAN COMMUNITIES. | Cupertino, CA | $19K | 2023 |
| Hindu Temple Of NhTO OFFER SERVICES AND OPPORTUNITIES TO SATISFY THE RELIGIOUS, SPIRITUAL AND CULTURAL NEEDS OF THE HINDU COMMUNITY IN THE NEW ENGLAND AREA | Nashua, NH | $11K | 2023 |