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· Private foundation

Pratima and Vikrant Raina Family Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$170k
Granted FY2024still arriving
11
Grants FY2024still arriving
5
States reached
$100k
Largest

Read this first · the figures below need context

96% of Pratima and Vikrant Raina Family Foundation’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 2 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2024, the last year Pratima and Vikrant Raina Family Foundation named its own grantees at scale: 9 organizations, $170k. It is dated, not current.

Organizations named directly on the return

0
’19
0
’20
2
’21
7
’22
9
’23
9
’24
2
’25

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

01What it funds
01100% classified

What it funded, over time

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

Philanthropy$675kEducation$365kSocial Science$100kInternational$14kCommunity Improvement$10kArts & Culture$5kHuman Services$2kHealth$1kOther$0
02FY2024 · 11 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k8 grants · $9k
  • $10k–50k2 grants · $61k
  • $50k–250k1 grant · $100k
$1,000
Median grant
5
States reached
$1.5M
Total assets
Largest grants
RecipientAmount
Yale University$100,000
Pratham USA$35,600
Harvard Business School$25,000
Horizons Greater Boston$3,000
Archipelago Books$2,000
Buckingham Browne and Nichols School$1,000
Dana Farber Cancer Institute Inc$1,000
Words Without Borders$1,000
Saheli Inc$500
NY International Children's Film Festival$250
Nikhil Badlani Foundation$150
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 (FY22–25, $22k) land where the poverty rate runs at 7%, against an area that typically sits at 11%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 11%Horizons Greater Boston: $3k → 7%Horizons Greater Boston: $3k → 7%Horizons Greater Boston: $3k → 7%Agape AIDS Orphan Care: $7k → 7%Saheli Inc: $1k → 8%Agape AIDS Orphan Care: $5k → 7%Saheli Inc: $500 → 8%Saheli Inc: $250 → 8%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

NY
MA
PA
NJ
CT
CA
NC
TX
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.

89%of every dollar goes to organizations it has funded before.
$440k · 10 repeat orgs$57k to everyone else

Grantees it renews have grown median revenue +9% since the first grant, against -5% for those funded once.

10 repeat relationships: 8 still active in FY2024, 2 since wound down; 3 grantees were first funded in FY2024 (too recent to call). Read against FY2024, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.

How the two cohorts compare

Re-uppedFunded once

Organizations

10
6

Total granted

$440k
$55k

Median revenue growth · since first grant

+9%
-5%

Still filing today

70%
50%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

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

’19’20’21’22’23’24’25
EducationHuman ServicesInternationalPhilanthropyAnimalsArts & CultureOther
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

  • BUCKINGHAM BROWNE & NICHOLS SCHOOL
    3× · 2022–2024 · $53k · revenue +9%
  • HORIZONS GREATER BOSTON INC
    3× · 2023–2025 · $9k · revenue +9%
  • AB
    ARCHIPELAGO BOOKS INC
    2× · 2023–2024 · $3k · revenue +16%

Funded once

  • YU
    YALE UNIVERSITY
    one grant, 2023 · $50k
  • DC
    DEDHAM COUNTRY DAY SCHOOL
    one grant, 2022 · $3k · revenue -5%
  • KO
    Kashmiri Overseas Association
    one grant, 2022 · $1k
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
Sanford Burnham Prebys Medical Discovery Institute

Sanford burnham prebys medical discovery institute's mission is to advance the biomedical sciences by cultivating the next generation of scientific leaders, providing meaningful opportunities for researchers of all backgrounds to learn,…

Health
2
Chancellor Masters & Scholars of the University of Oxford

The principal objects of the University are the advancement of learning by teaching and research, and its dissemination by every means. We work as one Oxford bringing together our staff, students and alumni, our colleges, faculties,…

—
3
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
4
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
5
Darrow School

Darrow school is dedicated to serving students with diverse backgrounds and abilities, building on each student's talents and interests to inspire enduring confidence for success in college and life. this mission is accomplished through…

Education
6
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
7
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
8
Fordham University

Fordham university, the jesuit university of new york, is committed to the discovery of wisdom and the transmission of learning, through research and through education of the highest quality. for more information, see schedule o.

Education
9
Gavi Alliance

To save lives and protect people's health by increasing equitable and sustainable use of vaccines.

International
10
Trustees of Boston University

Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

—
11
New York Genome Center Inc

Operate a state-of-the-art, world-class genomic research center that creates and uses advanced genomics to understand the genetic basis of disease. for more information, see schedule o.

Health
12
Pathfinder International

Pathfinder expands access to sexual and reproductive health services, opening the door to opportunities for women and all individuals to thrive-economically, educationally, and civically. driven by our country-led leadership and local…

International
How this is measured
The grantee most central to the portfolio’s shape is Donor Advised Charitable Giving Inc; the most unlike its peers is Dana-Farber Cancer Institute Inc. 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

15 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. 15 of the 21 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)
1
Early backer (in before they grew)
15/15
Grantees still filing
7/15
Grew since first funded

Where the money sits, by cause and then by grantee

FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $635,000 · Community ImprovementFIDELITY INVESTMENTS CHARITABLE GIFT FUNDYALE UNIVERSITY: $130,000 · OtherYALE UNIVERSITYHarvard Business School: $110,000 · OtherHarvard Business SchoolYALE UNIVERSITY: $50,000 · OtherYALE UNIVERSITY+5 more: $3,125 · OtherPRATHAM USA: $111,100 · PhilanthropyPRATHAM USADONOR ADVISED CHARITABLE GIVING INC: $40,350 · PhilanthropyDONOR ADVISED …BUCKINGHAM BROWNE & NICHOLS SCHOOL: $53,000 · EducationRUTGERS UNIVERSITY FOUNDATION: $10,000 · EducationDEDHAM COUNTRY DAY SCHOOL: $2,500 · Education+1 more: $150 · EducationAGAPE INTERNATIONAL INC: $12,000 · Human ServicesHORIZONS GREATER BOSTON INC: $8,500 · Human ServicesSAHELI INC: $1,750 · Human ServicesARCHIPELAGO BOOKS INC: $3,000 · Arts & CultureWords Without Borders Inc: $1,000 · InternationalMEDECINS SANS FRONTIERES USA INC: $1,000 · International
Community Improvement$635,000Other$293,125Philanthropy$151,450Education$65,650Human Services$22,250Arts & Culture$3,000International$2,000

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 budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $635,000 over 3y, 0.0% of budgetPRATHAM USA: $111,100 over 4y, 0.2% of budgetBUCKINGHAM BROWNE & NICHOLS SCHOOL: $53,000 over 3y, 0.0% of budgetDONOR ADVISED CHARITABLE GIVING INC: $40,350 over 1y, 0.0% of budgetAGAPE INTERNATIONAL INC: $12,000 over 2y, 0.9% of budgetRUTGERS UNIVERSITY FOUNDATION: $10,000 over 2y, 0.0% of budgetHORIZONS GREATER BOSTON INC: $8,500 over 3y, 1.1% of budgetARCHIPELAGO BOOKS INC: $3,000 over 2y, 0.2% of budgetDEDHAM COUNTRY DAY SCHOOL: $2,500 over 1y, 0.0% of budgetSAHELI INC: $1,750 over 3y, 0.0% of budgetDana-Farber Cancer Institute Inc: $1,000 over 1y, 0.0% of budgetWords Without Borders Inc: $1,000 over 1y, 0.1% of budgetMEDECINS SANS FRONTIERES USA INC: $1,000 over 1y, 0.0% of budgetSOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS WAKE COUNTY INC: $250 over 1y, 0.0% of budgetNIKHIL BADLANI FOUNDATION INC: $150 over 1y, 0.2% 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.

Boston Foundation IncMA12.6× affinity4 shared granteesties to 10 of 10Hover any node to trace its alignments.Compare side by side →

Open a dossier: Boston Foundation Inc · The Pfizer Foundation Inc · Raymond James Charitable Endowment Fund · American Endowment Foundation · Vanguard Charitable Endowment Program · National Philanthropic Trust · American Online Giving Foundation Inc · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · 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.

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 50%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 7%
  • Saheli Inc: 61% of income from government
  • Dana-Farber Cancer Institute Inc: 7% of income from government
  • Rutgers University Foundation: 0% of income from government
  • Buckingham Browne & Nichols School: 0% of income from government
no gov moneyreceives it· size = income
5get no government money at all
1rely on government for over half their income
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 21 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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