Skip to content

Massachusetts · Public charity

Deshpande Foundation Inc

The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.

$871k
Granted FY2020
6
Grants FY2020
5
Organizations funded FY2020
60%
First-time grantees FY2020
Read the full brief

Read this first · the figures below need context

72% of Deshpande Foundation Inc’s FY2025 grant dollars went to Fidelity Investments Charitable Gift Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 11 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2020, the last year Deshpande Foundation Inc named its own grantees at scale: 5 organizations, $865k. It is dated, not current.

Organizations named directly on the return

4
’19
5
’20
1
’21
1
’23
1
’24
11
’25

Amber years are those where most dollars went to a sponsor.

Median grant, FY2020
$50,000
Largest grant, FY2020
$500,000
Organizations funded a year
4 to 5
FY2019 to FY2020
States reached, FY2020
1
Total assets, FY2020
$7.1M

How open it is to new grantees

In FY2020, 60% of the organizations Deshpande Foundation Inc funded were first-time grantees, receiving 88% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20205$615k60%
FY20194$115kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.

Philanthropy$5.4MCommunity Improvement$3.1MEducation$785kScience & Tech$210kArts & Culture$35kAnimals$30kReligion$21kEnvironment$10kOther$0

Top grantees

Largest recipients by total granted, FY2019 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 17 grantees
All grantees of Deshpande Foundation Inc by total granted
GranteeTotal grantedYearsShare of their budget
Entrepreneurship for All Inc$3,000,000321%
National Collegiate Inventors & Innovators Alliance Inc$120,00020%
Greenlight Fund Inc$100,00021%
Museum of Science$90,00030%
Tie-Boston Foundation Inc$25,000110%
Hindu American Foundation Inc$25,00011%
Humane World for Animals International$20,0001n/a
Groundwork Lawrence Inc$20,00010%
University of Massachusetts Foundation Inc$15,00010%
Chinmaya Mission of Boston$11,0001n/a
Massachusetts Society for the Prevention of Cruelty to Animals$10,0001n/a
Berklee College of Music Inc$10,00010%
Samskrita Bharti$10,0001n/a
Project Prakash Foundation Inc$10,0001n/a
Brahma Kumaris World Spiritual Organization$10,0001n/a
Lowell Parks & Conservation Trust$10,00011%
Teach for America Inc$10,00010%

Where it is load-bearing

Each grantee by its size and the share of its budget Deshpande Foundation Inc supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetEntrepreneurship for All Inc: $3,000,000 over 3y, 21% of budgetNational Collegiate Inventors & Innovators Alliance Inc: $120,000 over 2y, 0.1% of budgetGreenlight Fund Inc: $100,000 over 2y, 0.5% of budgetMuseum of Science: $90,000 over 3y, 0.1% of budgetTie-Boston Foundation Inc: $25,000 over 1y, 10% of budgetHindu American Foundation Inc: $25,000 over 1y, 0.7% of budgetGroundwork Lawrence Inc: $20,000 over 1y, 0.4% of budgetUniversity of Massachusetts Foundation Inc: $15,000 over 1y, 0.0% of budgetBerklee College of Music Inc: $10,000 over 1y, 0.0% of budgetLowell Parks & Conservation Trust: $10,000 over 1y, 0.7% of budgetTeach for America Inc: $10,000 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 11.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Network for GoodDC9.3× affinity5 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: Network for Good · Morgan Stanley Global Impact Funding Trust Inc · Paypal Charitable Giving Fund · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Deshpande Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Deshpande Foundation Inc?

Find your warmest path to Deshpande Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Deshpande Foundation Inc

How much does Deshpande Foundation Inc give?
Deshpande Foundation Inc reported 6 grants totaling $871,000 in its FY2020 IRS filing. It funded between 4 and 5 organizations a year over FY2019 to FY2020.
What does Deshpande Foundation Inc fund?
By grant dollars over FY2019 to FY2025, its largest causes are Philanthropy (56%), Community Improvement (33%), Education (8%).
Who are Deshpande Foundation Inc's largest grantees?
By total granted over FY2019 to FY2025: Entrepreneurship for All Inc ($3.0M), National Collegiate Inventors & Innovators Alliance Inc ($120k), Greenlight Fund Inc ($100k).
Does Deshpande Foundation Inc fund new organizations?
In FY2020, 60% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Deshpande Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Network for Good, Morgan Stanley Global Impact Funding Trust Inc, Paypal Charitable Giving Fund.
Where is Deshpande Foundation Inc based?
Deshpande Foundation Inc is based in MA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 20 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2020, released 2020. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Deshpande’s filings →

More from the funding graph