New York · Nonprofit
AKANKSHA EDUCATION FUND INC
AKANKSHA EDUCATION FUND INC (New York) receives grants from 51 organizations whose IRS filings report $6,291,601 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,381,200). 21 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.0M
- Funders on record
- 51
- Grants received
- $6.3M
- Net assets
- $2.9M
What Akanksha Education Fund Inc does
Mission
To support educational opportunities for underserved children in india, and raising support for and awareness of such activities in the united states.
As stated on its FY2025 Form 990.
Program
Akanksha education fund is a non-profit organization with a mission to provide children from low-income communities with a high-quality education, enabling them to maximize their potential and transform their lives. For over 30 years, akanksha has educated children from low-income communities across mumbai and pune first, through their after-school centers, and since 2007, through the school project. Currently, 'the school project' operates 26 schools, serving approximately 14,000 children and 5,100 alumni. Looking ahead, they seek to expand their network of schools, share their effective practices and advocate for quality school reform for children across india. Akanksha education fund supports alumni from the akanksha foundation funded schools pursuing higher education in the united states. Services include mentoring, career guidance and access to remote host families.
$2,128,135 spentof which $1,973,159 as grants100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $2,128,135.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $1.9M to $2.9M (+53%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 3% · 2022 2% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
93% of AKANKSHA EDUCATION FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Sejal Desai
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 13 funders to 22 funders, grant income rose $331k → $1.1M.
17 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AKANKSHA EDUCATION FUND INC’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AKANKSHA EDUCATION FUND INC has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AKANKSHA EDUCATION FUND INC.
Largest funder’s share by year: 2017 30% · 2018 31% · 2019 30% · 2020 23% · 2021 21% · 2022 24% · 2023 33% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
37% of AKANKSHA EDUCATION FUND INC's funders are still giving 3 years after their first grant; 41% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
58% of AKANKSHA EDUCATION FUND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.6M that is directly attributable, 53% of it comes from funders outside New York, across 13 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.7M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AKANKSHA EDUCATION FUND INC's revenue fell 34% between 2017 and 2025.
this organization peer median middle 50% of peers· 798 international nonprofits $1M–$10M, FY2025
Organizations like AKANKSHA EDUCATION FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Public support
80%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 8 states
Screen this organization
A dated, signed PDF of the compliance screen for AKANKSHA EDUCATION FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AKANKSHA EDUCATION FUND INC?
- AKANKSHA EDUCATION FUND INC (New York) receives grants from 51 organizations whose IRS filings report $6,291,601 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,381,200). 21 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does AKANKSHA EDUCATION FUND INC have?
- IRS filings report 51 organizations giving $6,291,601 in grants to AKANKSHA EDUCATION FUND INC, 21 of which have funded it in more than one year.
- Who is the largest funder of AKANKSHA EDUCATION FUND INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,381,200 in grants. The full list of funders is on this page.
- How can an organization like AKANKSHA EDUCATION FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing