Private foundation (trust)EIN 900820145Est. 2013-03
DESAI SETHI FOUNDATION INC
MIAMI, FL 332310850
Total Assets
$196.6M
FY 2024
Annual Giving
$2.1M
FY 2024
Grants Made
69
FY 2024
Avg Grant
$30K
FY 2024
Grant Range
$203–$100K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$2.6MSamvid scholars: samvid scholars was established to invest in the graduate education of future leaders who are committed to effecting positive change in society. This cross-disciplinary program is intended to reach some of the most talented young people in our country and provide them with enhanced leadership training, a community of like-minded problem-solvers focused on impact, and further instill in them an orientation toward service. This program includes a financial component to cover tuition and fees for up to two years of graduate school, as well as significant programming in the areas of thought leadership, self-knoweldge, applied self knowledge and service.
Program 2
$615KSamvid young leaders (formerly dsf scholars): samvid young leaders is a program that works with underserved, high-achieving, college-bound female students in detroit in order to help them realize improved academic and economic outcomes. It is a four-year program that consists of financial literacy training, funding, and academic/personal support services that are delivered throughout the four years.
Program 3
$615KShaala (ds): this program was launched in 2021 with the objective of realizing better academic and other educational outcomes (and to stem further covid-related learning loss) by providing technology directly to students in the form of tablets. The scope of this work is 80 schools in rural india. Schools were carefully selected, in conjunction with our partner on the ground american india foundation, to ensure commitment to the program, and headmasters and teachers will be trained in how to use tablets to teach students more effectively flipped classrooms and online quizzes.) student curricular resources will be curated to ensure that all students, but particularly those who fell behind the most during covid-related school closures, can meet or exceed grade level expectations.
Program 4
$430KEconomic mobility accelarator: the techstars economic mobility accelerator is cultivating solutions to address the needs of low- and moderate-income americans. Each year, companies are selected to receive funding and 13 weeks of intensive coaching and mentoring, along with curated resources on social enterprise strategy, business development, and fundraising, including non-dilutive funding. Startups will gain access to a valuable network including investors, corporate executives, experienced founders, thought leaders, and alumni.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$8.8M
Total Expenses
$5.1M
Qualifying Distributions
$7.8M
Min. Investment Return
$8.5M
Grant Range
69 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
328 grants
Grant Size Distribution
328 grants
Geographic Focus
9 states
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