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Verma Family Foundation is a private corporation based in TERRE HAUTE, IN. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $299K. Annual income is reported at $3K. The foundation is governed by 1 officer or trustee. 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 2021 to 2023. According to available records, Verma Family Foundation has made 1 grants totaling $23K, with a median grant of $23K. Grant recipients are concentrated in Indiana. 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.
Verma Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in IN.
Verma Family Foundation has distributed a total of $23K across 1 grants. The median grant size is $23K, with an average of $23K. Individual grants have ranged from $23K to $23K.
Verma Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Verma Family Foundation is headquartered in TERRE HAUTE, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Spardha Saroha | PRESIDENT | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$326K
Fair Market Value
$326K
Net Worth
$326K
Grants Paid
$23K
Contributions
$50K
Net Investment Income
N/A
Distribution Amount
$16K
Total: $296K
Total Grants
1
Total Giving
$23K
Average Grant
$23K
Median Grant
$23K
Unique Recipients
1
Most Common Grant
$23K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VariousCONTRIBUTION | Terre Haute, IN | $23K | 2023 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN