Funder DirectoryThe Asha and Sajjan Agarwal Foundation
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Private foundation (trust)EIN 421747195Est. 2008-02

The Asha and Sajjan Agarwal Foundation

Raleigh, NC 27636

Total Assets

$86.6M

FY 2023

Annual Giving

$3.4M

FY 2023

Grants Made

13

FY 2023

Avg Grant

$259K

FY 2023

Grant Range

$14K–$2M

Typical

Deadlines

Applications

Programs & Activities

Program 1

$96K

During 2021, the Foundation started a new Direct Charitable Activity referred to as the Agarwal Scholars Program (the "Program"). The Program provides support to "At Risk Students" (grades 6-12), to ensure all students are provided the opportunity to a quality education, preparing them for post-secondary education and careers. For each student in the Program, an Educational Professional will assess the student's needs, direct resources, and become the advocate of the student with recurring interaction, support and mentoring throughout the entire grant period. The Foundation hired an Educational Professional with specific expertise in serving the target group, developed a student care model, established monitoring controls, developed an independent selection process, and obtained preapproval from the IRS. During 2023, the Foundation served 28 students.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$15.1M

Total Expenses

$4.2M

Qualifying Distributions

$3.5M

Distributable Amount

$4.0M

Min. Investment Return

$4.0M

Undistributed Income

$3.8M

Payout rate 87%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.87%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

13 grants

Grant sizes from minimum $14K through median $100K to maximum $2M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $3.4M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

39 grants

Schwab Charitable Fund
$3.5M
3 grants
Rishihood Foundation
$625K
1 grant
Ekal Vidyalaya Foundation of USA
$562K
2 grants
Hindu University of America
$300K
1 grant
Hindu American Foundation
$251K
3 grants
Hindu Society of NC
$209K
2 grants
Sri Venkateswara Temple of North Carolina
$200K
1 grant
YMCA of the Triangle
$150K
2 grants

Grant Size Distribution

39 grants

<$10K
7
grants
$10–50K
16
grants
$50–250K
10
grants
$250K–1M
4
grants
$1–5M
2
grants
$5M+

Geographic Focus

8 states

California
$3.5M
61% of total
North Carolina
$958K
16% of total
Texas
$662K
11% of total
Florida
$300K
5% of total
District of Columbia
$251K
4% of total
Georgia
$74K
1% of total
Ohio
$50K
1% of total
New York
$10K
0% of total

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