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Tiku Charitable Foundation Inc. is a private corporation based in WELLESLEY, MA. The foundation received its IRS ruling in 2021. It holds total assets of $347K. Annual income is reported at $137K. Total assets have decreased from $505K in 2020 to $370K in 2023. The foundation is governed by 8 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 2020 to 2023. According to available records, Tiku Charitable Foundation Inc. has made 19 grants totaling $73K, with a median grant of $5K. Annual giving has decreased from $56K in 2022 to $17K in 2023. Individual grants have ranged from $2K to $5K, with an average award of $4K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Texas, which account for 58% of all grants. Grantmaking reaches organizations across 7 states. 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.
Tiku Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY, MA, TX.
Tiku Charitable Foundation Inc. has distributed a total of $73K across 19 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $2K to $5K.
Tiku Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Tiku Charitable Foundation Inc. is headquartered in WELLESLEY, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gita Tiku | VICE PRESIDENT & DIRECTOR | $12K | $0 | $12K |
| Raj Tiku | DIRECTOR | $0 | $0 | N/A |
| Seema Panchal | DIRECTOR | $0 | $0 | N/A |
| Amit Panchal | DIRECTOR | $0 | $0 | N/A |
| Roopshree Shah | DIRECTOR | $0 | $0 | N/A |
| Terry Vieux | DIRECTOR | $0 | $0 | N/A |
| Neel Tiku | TREASURER, CLERK, & DIRECTOR | $0 | $0 | N/A |
| Pran Tiku | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$370K
Fair Market Value
$505K
Net Worth
$370K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$338
Distribution Amount
$22K
Total: $355K
Total Grants
19
Total Giving
$73K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Koa FoundationGENERAL SUPPORT | Henderson, NV | $3K | 2023 |
| Warriors For EmpowermentGENERAL SUPPORT | Hayward, CA | $5K | 2023 |
| The Desai FoundationGENERAL SUPPORT | Woburn, MA | $4K | 2023 |
| Sneaker Room Foundation IncGENERAL SUPPORT | Jersey City, NJ | $2K | 2023 |
| By All Means Leadership AllianceGENERAL SUPPORT | Brooklyn, NY | $2K | 2023 |
| Yuwa IncGENERAL SUPPORT | Palo Alto, CA | $2K | 2023 |
| New England Innocence ProjectGENERAL SUPPORT | Cambridge, MA | $2K | 2023 |
| Last Mile HealthGENERAL SUPPORT | Boston, MA | $5K | 2022 |
| Hemath IncGENERAL SUPPORT | Potomac, MD | $5K | 2022 |
| Brac UsaGENERAL SUPPORT | New York, NY | $5K | 2022 |
| Sewa InternationalGENERAL SUPPORT | Houston, TX | $5K | 2022 |
| Givedirectly IncGENERAL SUPPORT | New York, NY | $5K | 2022 |
| Arya Samaj Of New Jersey IncGENERAL SUPPORT | Ridgewood, NJ | $3K | 2022 |