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Texas · Private foundation

Hemanth & Roopa Parasuram

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$67k
Granted FY2024(still arriving)
19
Grants FY2024
15
Organizations funded FY2023
53%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$600
Largest grant, FY2024
$31,603
Organizations funded a year
7 to 18
FY2017 to FY2023
States reached, FY2024
3
Total assets, FY2024
$89k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 53% of the organizations Hemanth & Roopa Parasuram funded were first-time grantees, receiving 10% of its grant dollars.

New vs renewed · share of each year

In FY2023, 90% of grant dollars renewed an existing relationship; $7k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
PhilanthropyArts & CultureCivil RightsEducationHealthRecreation & SportsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving18$67k44%
FY202315$71k53%
FY20229$40k33%
FY202114$33k36%
FY202018$22k67%
FY201910$25k60%
FY20187$27k29%
FY20178$17kn/a
95% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$179kHealth$93kHuman Services$14kArts & Culture$5kRecreation & Sports$4kFood & Nutrition$4kAnimals$3kPhilanthropy$3kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

IL
MI
NY
MA
CA
VA
MD
NC
OK
GA
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Magellan School$86,34980%
Calm Waters Center for Children & Families Inc$5,82570%
Pratham USA$3,92520%
Lonestar Soccer Club of Austin Inc$3,77410%
Rewild$3,00040%
Sourashtra Dhaan Organization$1,25020%
Shalom Austin$1,06020%
Palkar Helpline$1,0001n/a
Sourashtra Association Inc$79521%
Chinmaya Mission Austin$75010%
Show all 30 grantees

What it could do for these grantees

Plus 22 recipients with no EIN on record ($189k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Hemanth & Roopa Parasuram supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Magellan School: $86,349 over 8y, 0.2% of budgetCalm Waters Center for Children & Families Inc: $5,825 over 7y, 0.1% of budgetPratham USA: $3,925 over 2y, 0.0% of budgetLonestar Soccer Club of Austin Inc: $3,774 over 1y, 0.0% of budgetRewild: $3,000 over 4y, 0.0% of budgetSourashtra Dhaan Organization: $1,250 over 2y, 0.3% of budgetShalom Austin: $1,060 over 2y, 0.0% of budgetSourashtra Association Inc: $795 over 2y, 0.5% of budgetChinmaya Mission Austin: $750 over 1y, 0.1% of budgetIcmca: $610 over 1y, 0.2% of budgetIndie Meme Org: $596 over 2y, 0.2% of budgetCaritas of Austin: $505 over 1y, 0.0% of budgetNAACP Legal Defense & Educ Fund Inc: $400 over 1y, 0.0% of budgetConcordia University Texas: $318 over 1y, 0.0% of budgetFocusing Philanthropy Inc: $300 over 1y, 0.0% of budgetDuke University: $250 over 1y, 0.0% of budgetStand Up America Inc: $250 over 1y, 0.1% of budgetUdavum Karangal of USA Corp: $250 over 1y, 0.0% of budgetCystic Fibrosis Foundation: $250 over 1y, 0.0% of budgetWilliam J Brennan Center for Justice Inc: $250 over 1y, 0.0% of budgetMurugan Temple of Central Texas: $242 over 1y, 0.1% of budgetBlood Cancer United Inc: $200 over 1y, 0.0% of budgetOklahoma Foundation for Excellence: $200 over 1y, 0.0% of budgetThe Austin Center for Grief and Loss: $75 over 1y, 0.0% of budgetAustin Zoological Society Inc: $54 over 1y, 0.1% of budgetFilm Society of Austin Inc: $26 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 26.

Nonprofits that may fit its grantmaking

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.

Austin Community Foundation IncTX20.8× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Austin Community Foundation Inc · Better Business Bureau · United Way Worldwide · Verizon Foundation · Jpmorgan Chase Foundation · The Blackbaud Giving Fund · The Bank of America Charitable Foundation Inc · American Endowment Foundation · American Online Giving Foundation Inc · National Philanthropic Trust · Network for Good · Donor Advised Charitable Giving Inc

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 Hemanth & Roopa Parasuram with peer funders

About Hemanth & Roopa Parasuram

How much does Hemanth & Roopa Parasuram give?
Hemanth & Roopa Parasuram reported 19 grants totaling $67,193 in its FY2024 IRS filing. It funded between 7 and 18 organizations a year over FY2017 to FY2023.
What does Hemanth & Roopa Parasuram fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (57%), Health (30%), Human Services (4%).
Who are Hemanth & Roopa Parasuram's largest grantees?
By total granted over FY2017 to FY2024: The Magellan School ($86k), Calm Waters Center for Children & Families Inc ($6k), Pratham USA ($4k).
Does Hemanth & Roopa Parasuram fund new organizations?
In FY2023, 53% of the organizations it funded were first-time grantees.
Does Hemanth & Roopa Parasuram accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Hemanth & Roopa Parasuram?
Its strongest co-funders, measured against what their size predicts, include Austin Community Foundation Inc, Better Business Bureau, United Way Worldwide.
Where is Hemanth & Roopa Parasuram based?
Hemanth & Roopa Parasuram is based in TX.

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 56 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-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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