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Madhav Foundation at a glance

· Private foundation

Madhav Foundation

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.

$15k
Granted FY2024still arriving
13
Grants FY2024still arriving
8
States reached
$5k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0190% classified

What it funded, over time

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

Education$86kArts & Culture$21kInternational$18kReligion$8kHealth$4kFood & Nutrition$4kScience & Tech$4kPublic Safety & Disaster$3kOther$0
02FY2024 · 13 grants

Where the money goes

Grants by size, and the largest recipients.

$500
Median grant
8
States reached
$598k
Total assets
Largest grants
RecipientAmount
VEDANTA INSTITUTE OF MIDWEST$5,000
AIM FOR SEVA$2,000
WIKIMEDIA FOUNDATION INC$1,000
PYP YOGA FOUNDATION INC$1,000
HINDU AMERICAN FOUNDATION$1,000
MAHARISHI FOUNDATION USA INC$1,000
UNICEF USA$500
AMERICAN INDIAN COLLEGE FUND$500
USO$500
UNITED NEGRO COLLEGE FUND INC$500
EARTH JUSTICE$500
UNION OF CONCERNED SCIENTISTS$500
DOCTORS WITHOUT BORDERS$500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–24, $9k) land where the poverty rate runs at 12%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%AIM FOR SEVA: $2k → 12%DEVINE SHAKTI FOUNDATION CORP: $501 → 15%AIM FOR SEVA: $2k → 12%AIM FOR SEVA: $2k → 12%AIM FOR SEVA: $1k → 12%AIM FOR SEVA: $500 → 12%AIM FOR SEVA: $450 → 12%AIM FOR SEVA: $450 → 12%AIM FOR SEVA: $450 → 12%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MI
NY
MA
IA
IN
PA
CA
CO
KY
MD
DC
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

90%of every dollar goes to organizations it has funded before.
$165k · 24 repeat orgs$19k to everyone else

Grantees it renews have grown median revenue +48% since the first grant, against +3% for those funded once.

24 repeat relationships: 13 still active in FY2024, 11 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

24
11

Total granted

$165k
$19k

Median revenue growth · since first grant

+48%
+3%

Still filing today

67%
73%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
InternationalEducationHuman ServicesReligionArts & CultureFood & NutritionOther
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.

Backed again, and grew

  • FF
    FOUNDATION FOR EXCELLENCE INC
    5× · 2019–2023 · $41k · revenue +133%
  • VI
    Vedanta Institute of Midwest
    8× · 2017–2024 · $32k · revenue +130%
  • HA
    HINDU AMERICAN FOUNDATION INC
    8× · 2017–2024 · $19k · revenue +190%

Funded once

  • EV
    EKAL VIDYALAYA
    one grant, 2023 · $7k
  • IG
    Individual grant recipient
    one grant, 2021 · $4k
  • GC
    GLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN
    one grant, 2022 · $2k · revenue +3%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Watches for Good Inc

Transparency is key: we believe spent contributions should be accounted for in this non-profit and thats exactly why we pledge to share our financials for every effort. you, our loyal patrons, will have transparency into how our funds are…

Philanthropy
2
Nalanda 20

Improve excellence and access in higher education. Current focus is on India. Thus, Nalanda 2.0's current focus is to make India's higher education system world-class by building a world-class multidisciplinary research university,…

Education
3
India Awareness Foundation Inc

Public education

Education
4
Akshaya Patra Foundation (Usa)

The mission of the foundation is to simultaneously address childhood hunger and malnutrition and to promote education for children throughout india.

Food & Nutrition
5
The American India Foundation

The american india foundation(aif) is a nonprofit american development organization that is devoted to accelerating social and economic change in india.

Public Safety & Disaster
6
Nanban Foundation

Nanban foundation strives to provide free, high-quality financial education for all. the organization functions with the support of volunteers united by one common goal: knowledge sharing. embracing online education, we invite people of…

Education
7
Observer Research Foundation America

Organization mission the observer research foundation america orf america is an independent, non-partisan, and nonprofit organization in washington dc dedicated to addressing policy challenges facing the united states, india, and their…

International
8
World Wildlife Fund Inc

Wwf's mission is to conserve nature and reduce the most pressing threats to the diversity of life on earth. (continued on schedule o)

Environment
9
United States Pharmacopeial Convention

Usp's mission is to improve global health through public standards and related programs that help ensure the quality, safety, and benefit of medicines and foods.

Health
10
Management Sciences for Health Inc

(msh) saves lives and improves the health of the world's poorest (see schedule o) and most vulnerable people by closing the gap between knowledge and action in public health.

International
11
Urology Care Foundation Inc

We support, through philanthropic efforts, the improvement of urological care globally by funding research, clinical education, patient education, and humanitarian programs.

Health
12
Akanksha Education Fund Inc

To support educational opportunities for underserved children in india, and raising support for and awareness of such activities in the united states.

International
How this is measured
The grantee most central to the portfolio’s shape is Medecins Sans Frontieres Usa Inc; the most unlike its peers is Motor City Brass Band. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

25 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 25 of the 35 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
24/25
Grantees still filing
18/25
Grew since first funded

Where the money sits, by cause and then by grantee

FOUNDATION FOR EXCELLENCE INC: $41,000 · EducationFOUNDATION FOR EXCELLENCE INCWIKIMEDIA FOUNDATION INC: $4,000 · EducationWIKIMEDIA FOUNDATION INCSankara Nethralaya OM Trust Inc: $2,500 · EducationUNITED NEGRO COLLEGE FUND INC: $2,000 · EducationAMERICAN INDIAN COLLEGE FUND: $2,000 · EducationIndividual grant recipient: $20,450 · OtherIndividual grant recipientEKAL VIDYALAYA: $6,500 · OtherEKAL VIDYALAYAFOUNDATION FOR EXCELLENCE: $5,250 · OtherFOUNDATION FOR EXCELLENCEIndividual grant recipient: $4,002 · OtherIndividual grant recipientMAHARISHI FOUNDATION USA INC: $3,000 · OtherMAHARISHI FOUNDATION USA INCUNICEF USA: $2,550 · OtherUSO: $2,500 · OtherEARTH JUSTICE: $2,500 · Other+6 more: $5,001 · Other+6 moreVedanta Institute of Midwest: $31,500 · ReligionVedanta Institute of …PYP Yog Foundation Inc: $4,001 · ReligionPYP Yog Foundation In…HINDU AMERICAN FOUNDATION INC: $19,002 · Arts & CultureHINDU AMERI…+1 more: $250 · Arts & CultureALL INDIA MOVEMENT FOR SEVA INC: $8,850 · Human ServicesSewa International Inc: $1,301 · Human ServicesAmerican National Red Cross & Its Constituent Chapters and Branches: $1,050 · Human ServicesDIVINE SHAKTI FOUNDATION: $501 · Human ServicesTHE UNION OF CONCERNED SCIENTISTS INC: $3,500 · InternationalMEDECINS SANS FRONTIERES USA INC: $3,150 · InternationalWORLD CENTRAL KITCHEN INC: $1,500 · InternationalMIDDLE EAST FORUM: $1,000 · International+2 more: $475 · InternationalGLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN: $2,000 · Food & NutritionCAPITAL AREA FOOD BANK INC: $2,000 · Food & Nutrition
Education$51,500Other$51,753Religion$35,501Arts & Culture$19,252Human Services$11,702International$9,625Food & Nutrition$4,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFOUNDATION FOR EXCELLENCE INC: $41,000 over 5y, 0.5% of budgetVedanta Institute of Midwest: $31,500 over 8y, 2.6% of budgetHINDU AMERICAN FOUNDATION INC: $19,002 over 8y, 0.2% of budgetALL INDIA MOVEMENT FOR SEVA INC: $8,850 over 8y, 0.0% of budgetPYP Yog Foundation Inc: $4,001 over 4y, 0.8% of budgetWIKIMEDIA FOUNDATION INC: $4,000 over 4y, 0.0% of budgetTHE UNION OF CONCERNED SCIENTISTS INC: $3,500 over 6y, 0.0% of budgetMEDECINS SANS FRONTIERES USA INC: $3,150 over 8y, 0.0% of budgetMAHARISHI FOUNDATION USA INC: $3,000 over 3y, 0.0% of budgetSankara Nethralaya OM Trust Inc: $2,500 over 3y, 0.1% of budgetUNITED NEGRO COLLEGE FUND INC: $2,000 over 4y, 0.0% of budgetAMERICAN INDIAN COLLEGE FUND: $2,000 over 4y, 0.0% of budgetGLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN: $2,000 over 1y, 0.0% of budgetCAPITAL AREA FOOD BANK INC: $2,000 over 1y, 0.0% of budgetWORLD CENTRAL KITCHEN INC: $1,500 over 1y, 0.0% of budgetSewa International Inc: $1,301 over 2y, 0.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $1,050 over 4y, 0.0% of budgetMIDDLE EAST FORUM: $1,000 over 1y, 0.0% of budgetTHE NATIONAL FEDERATION OF THE BLIND: $1,000 over 2y, 0.0% of budgetNATIONAL STROKE ASSOCIATION: $750 over 3y, 0.0% of budgetDIVINE SHAKTI FOUNDATION: $501 over 1y, 0.1% of budgetUNITED STATES FUND FOR UNICEF: $275 over 2y, 0.0% of budgetMOTOR CITY BRASS BAND: $250 over 1y, 0.3% of budgetBRADY CENTER TO PREVENT GUN VIOLENCE: $250 over 1y, 0.0% of budgetCHILDREN'S HOPE INDIA LLC: $200 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

AbbVie FoundationTexas Instruments Fou…Shell USA Company Fou…Gs Donor Advised Phil…Charities Aid Foundat…Jpmorgan Chase Founda…National Philanthropi…The Bank of America C…Vanguard Charitable E…Paypal Charitable Giv…American Online Givin…Donor Advised Charita…
AbbVie FoundationIL13.5× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: AbbVie Foundation · Texas Instruments Foundation · Shell USA Company Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Charities Aid Foundation America · Jpmorgan Chase Foundation · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Paypal Charitable Giving Fund · American Online Giving Foundation Inc · 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.

How much its grantees rely on government

Each dot is one organization Madhav Foundation funds: left to right is the share of its income from government, bottom to top the share from Madhav Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%0%1%3%5%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →median 2%
  • The National Federation of the Blind: 2% of income from government
no gov moneyreceives it· size = income
2get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–15%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

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 35 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

Play a game based on Madhav’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home