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Vashisht Foundation at a glance

· Private foundation

Vashisht Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$8.3M
Granted FY2024still arriving
6
Grants FY2024still arriving
1
States reached
$7.5M
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, FY2020 to 2024.

Education$7.8MScience & Tech$1.1MHealth$603kPhilanthropy$376kPublic Safety & Disaster$48kFood & Nutrition$40kHuman Services$12kEmployment$10kOther$0
02FY2024 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k2 grants · $5k
  • $10k–50k1 grant · $28k
  • $50k–250k1 grant · $189k
  • $250k+2 grants · $8.1M
$189,032
Median grant
1
States reached
$25M
Total assets
Largest grants
RecipientAmount
TEXAS A&M FOUNDATION$7,500,000
NARESH VASHISHT CENTRE FOR HCC - INDIAN INSTITUTE OF TECHNOLOGY$603,000
Individual grant recipient$189,032
INDIAN SCHOOL OF MINES ALUMNI ASSOCIATION OF NORTH TEXAS$28,000
ARLINGTON WOMANS CLUB$4,350
RAMAKRISHNA VEDANTA SOCIETY OF NORTH TEXAS$1,000
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.

US giving: 86% of grant dollars ($8.9M). The need read here covers only this US portion; the 14% that went abroad ($1.4M) is mapped below.

show:

Its human-services grants (FY20–20, $250k) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%INFINITY FOUNDATION: $250k → 11%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.

Beyond the US: 14% of all-years giving ($1.4M)

2 countries, by the recipient’s country on the filing.

grant dollars sentlessmore
India$1.2M · 2 grants
Colombia$189k · 1 grant
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. International giving is mapped by the recipient’s country from the same 990 filings; comparable need data isn’t available at that grain.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 6% of Vashisht Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

Vashisht Foundationlessmore of its giving
Placed by recipient address · 14% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

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

7%of every dollar goes to organizations it has funded before.
$712k · 5 repeat orgs$9.3M to everyone else

5 repeat relationships: 1 still active in FY2024, 4 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
9

Total granted

$712k
$995k

Median revenue growth · since first grant

+14%
+210%

Still filing today

40%
22%

New vs renewed · share of each year

In FY2024, 0% of grant dollars renewed an existing relationship; $8.3M went to new ones.

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

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

’20’21’22’23’24
EducationReligionHuman ServicesArts & 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

  • IS
    INDIAN SCHOOL OF MINES
    4× · 2020–2023 · $647k
  • TA
    Tarrant Area Food Bank
    2× · 2022–2023 · $30k · revenue +14%
  • EV
    EKAL VIDYALAYA
    2× · 2022–2023 · $15k

Funded once

  • II
    INDIAN INSTITUTE OF TECHNOLOGY
    one grant, 2023 · $606k
  • IF
    INFINITY FOUNDATIONgraduated
    one grant, 2020 · $250k · revenue +210% · 54% of their budget
  • VF
    VASHISHT FAMILY GS PHILANTHROPY FUND
    one grant, 2023 · $106k
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
05the grantee network

7 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. 7 of the 20 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.

1
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
7/7
Grantees still filing
6/7
Grew since first funded

Where the money sits, by cause and then by grantee

Texas A&M Foundation: $7,500,000 · EducationTexas A&M Foundation+1 more: $9,350 · EducationINDIAN SCHOOL OF MINES: $647,447 · OtherINDIAN SCHOOL OF MINESINDIAN INSTITUTE OF TECHNOLOGY: $606,000 · OtherINDIAN INSTITUTE OF TECH…NARESH VASHISHT CENTRE FOR HCC - INDIAN INSTITUTE OF TECHNOLOGY: $603,000 · OtherNARESH VASHISHT CENTRE F…Individual grant recipient: $189,032 · OtherIndividual grant recipie…VASHISHT FAMILY GS PHILANTHROPY FUND (DAF): $106,323 · Other+9 more: $114,510 · OtherGS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC: $270,000 · PhilanthropyINFINITY FOUNDATION: $250,000 · Human ServicesNORTH TEXAS PUBLIC BROADCASTING INC: $1,500 · Arts & CultureRAMAKRISHNA VEDANTA SOCIETY OF NORTH TEXAS: $1,000 · Religion
Education$7,509,350Other$2,266,312Philanthropy$270,000Human Services$250,000Arts & Culture$1,500Religion$1,000

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTexas A&M Foundation: $7,500,000 over 1y, 2.2% of budgetGS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC: $270,000 over 1y, 0.0% of budgetINFINITY FOUNDATION: $250,000 over 1y, 54% of budgetTarrant Area Food Bank: $30,010 over 2y, 0.0% of budgetARLINGTON WOMAN'S CLUB: $9,350 over 2y, 2.3% of budgetNORTH TEXAS PUBLIC BROADCASTING INC: $1,500 over 1y, 0.0% of budgetRAMAKRISHNA VEDANTA SOCIETY OF NORTH TEXAS: $1,000 over 1y, 0.6% 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.

  • Who funds Texas A&M Foundation ↗
  • Who funds GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ↗
  • Who funds INFINITY FOUNDATION ↗
  • Who funds Tarrant Area Food Bank ↗
  • Who funds ARLINGTON WOMAN'S CLUB ↗
  • Who funds NORTH TEXAS PUBLIC BROADCASTING INC ↗
  • Who funds RAMAKRISHNA VEDANTA SOCIETY OF NORTH TEXAS ↗

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 10%4%15%34%60%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    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 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-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 Vashisht’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