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Also known as: HEALTHCARE FOUNDATION
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Wadhwani Initiative For Sustainable Healthcare Foundation is a private corporation based in BRIDGEVILLE, PA. The foundation received its IRS ruling in 2016. The principal officer is Sunil Wadhwani. It holds total assets of $69K. Annual income is reported at $1M. Total assets have decreased from $3.1M in 2019 to $69K in 2024. The foundation is governed by 6 officers and trustees. Interaction with grantee and partnering organizations by providing guidance on health initiative programs (feasibility, impact and sustainability), leadership team strength and program effectiveness. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. According to available records, Wadhwani Initiative For Sustainable Healthcare Foundation has made 5 grants totaling $9.5M, with a median grant of $1.5M. Annual giving has grown from $1.5M in 2020 to $2M in 2023. Grantmaking activity was highest in 2022 with $3M distributed across 2 grants. Individual grants have ranged from $1.5M to $3M, with an average award of $1.9M. Contributions to this foundation are tax-deductible.
Interaction with grantee and partnering organizations by providing guidance on health initiative programs (feasibility, impact and sustainability), leadership team strength and program effectiveness.
Interaction with grantee and partnering organizations by providing guidance on health initiative programs (feasibility, impact and sustainability), leadership team strength and program effectiveness. Based on available records, the foundation has funded 5 grants.
Wadhwani Initiative For Sustainable Healthcare Foundation has distributed a total of $9.5M across 5 grants. The median grant size is $1.5M, with an average of $1.9M. Individual grants have ranged from $1.5M to $3M.
Wadhwani Initiative For Sustainable Healthcare Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wadhwani Initiative For Sustainable Healthcare Foundation is headquartered in BRIDGEVILLE, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Martin | DIRECTOR | $0 | $0 | N/A |
| Madhavan Rangaswami | DIRECTOR | $0 | $0 | N/A |
| Nita Wadhwani | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Suneil Ramchandani | DIRECTOR | $0 | $0 | N/A |
| Sunil Wadhwani | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Sushma Rajagopalan | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$69K
Fair Market Value
N/A
Net Worth
$34K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$9.5M
Average Grant
$1.9M
Median Grant
$1.5M
Unique Recipients
1
Most Common Grant
$1.5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lords Education & Health SocietyTO SUPPORT THE WISH INITIATIVE IN INDIA. | New Delhi | $2M | 2023 |