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Wadhwani Impact Trust is a private corporation based in BRIDGEVILLE, PA. The foundation received its IRS ruling in 2000. It holds total assets of $70.6M. Annual income is reported at $15.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Wadhwani Impact Trust has made 37 grants totaling $11.9M, with a median grant of $20K. Annual giving has grown from $172K in 2020 to $3.5M in 2023. Grantmaking activity was highest in 2022 with $5.7M distributed across 12 grants. Individual grants have ranged from $100 to $2.3M, with an average award of $322K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Pennsylvania, California, Maryland, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Wadhwani Impact Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in PA, CA, MD.
Wadhwani Impact Trust has distributed a total of $11.9M across 37 grants. The median grant size is $20K, with an average of $322K. Individual grants have ranged from $100 to $2.3M.
Wadhwani Impact Trust typically selects its grantees rather than accepting unsolicited proposals.
Wadhwani Impact Trust is headquartered in BRIDGEVILLE, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rohan Wadhwani | VICE PRESIDENT, ASST. TREASURER | $0 | $0 | $0 |
| Sunil Wadhwani | PRESIDENT, SECRETARY | $0 | $0 | $0 |
| Nita Wadhwani | CHAIRPERSON, ASST SECRETARY | $0 | $0 | $0 |
| Shalina Wadhwani | TREASURER | $0 | $0 | $0 |
Total Giving
$4.2M
Total Assets
$67.2M
Fair Market Value
$74.8M
Net Worth
$67.2M
Grants Paid
$3.5M
Contributions
$949K
Net Investment Income
$5.9M
Distribution Amount
$3.2M
Total: $52.6M
Total Grants
37
Total Giving
$11.9M
Average Grant
$322K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wadhwani Initiative For Sustainable Healthcare FoundationGENERAL SUPPORT | Bridgeville, PA | $2M | 2023 |
| Wadhwani Institute For Artificial Intelligence FoundationGENERAL SUPPORT | Los Altos, CA | $1.5M | 2023 |
| IndiasporaFOUNDERS CIRCLE | San Francisco, CA | $25K | 2023 |
| India Philanthropy AllianceINSTITUTIONALIZATION SUPPORT | Hyattsville, MD | $5K | 2023 |
| Vibrant Pittsburghregional Oppt Ctr |
| Pittsburgh, PA |
| $15K |
| 2022 |
| Allegheny Conference On Community Development2022 CAMPAIGN | Pittsburgh, PA | $5K | 2022 |
| United Way Of Southwestern PennsylvaniaGENERAL SUPPORT | Pittsburgh, PA | $25K | 2021 |
| Carnegie Mellon UniversityTEPPER/GSIA CONSTRUCTION FUND | Pittsburgh, PA | $20K | 2021 |
| The Pittsburgh Cultural TrustTRUSTEE CAMPAIGN | Pittsburgh, PA | $20K | 2021 |
| Junior Achievement Of Western PaSPIRIT OF ENTERPRISE EVENT | Bridgeville, PA | $6K | 2020 |
| Pittsburgh Community Food BankGENERAL SUPPORT | Duquesne, PA | $2K | 2020 |
| American Lung AssociationGENERAL SUPPORT | Chicago, IL | $100 | 2020 |
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