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Funder Directory›THE VATTIKUTI FOUNDATION

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Private foundation (trust)EIN 383380162Est. 1999-01

THE VATTIKUTI FOUNDATION

SOUTHFIELD, MI 480751220

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Total Assets

$44.3M

FY 2024

Annual Giving

$2.4M

FY 2024

Grants Made

FY 2024

Avg Grant

$184K

FY 2024

Grant Range

$3K–$2.2M

Typical

Deadlines

—

Applications

Programs & Activities

Program 1

$580K

As a complement to the grants it makes to promote and improve robotic surgery worldwide, the vattikuti foundation also engages in several direct programs to advance robotic surgery. Every year, the foundation sponsors a three-day symposium featuring leading surgeons presenting on important issues to accelerate progress in the field. The high point of this symposium is the annual awards dinner at which the foundation presents its ks international innovation awards. The presentation of the awards is the culmination of an international competition, organized by the foundation, to recognize surgical talent and share news about cutting-edge robotic surgery technique and devices.(continued on statement 15)

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.7M

Total Expenses

$3.9M

Qualifying Distributions

$3.5M

Distributable Amount

$2.1M

Min. Investment Return

$2.2M

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

13 grants

Min

Median

Max

$3K$9K$2.2M

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

Giving Over Time

5 years

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

Top Recipients

42 grants

HENRY FORD HEALTH SYSTEM

$3.2M

4 grants

DETROIT INSTITUTE OF ARTS

$2.0M

3 grants

VATTIKUTI INDIA FOUNDATION

$640K

3 grants

VATTIKUTI INDIA RELIEF FOUNDATION

$611K

2 grants

MENON FAMILY FOUNDATION

$500K

1 grant

WVU FOUNDATION INC

$250K

1 grant

MAURICE A FERRE FOUNDATION

$250K

1 grant

INSPIRE ARTS AND MUSIC INC

$220K

3 grants

Grant Size Distribution

42 grants

<$10K

grants

$10–50K

grants

$50–250K

grants

$250K–1M

grants

$1–5M

grants

$5M+—

Geographic Focus

10 states

Michigan

$6.3M

84% of total

Florida

$505K

7% of total

West Virginia

$250K

3% of total

Massachusetts

$220K

3% of total

District of Columbia

$100K

1% of total

Ohio

$83K

1% of total

Missouri

$10K

0% of total

Pennsylvania

$10K

0% of total

North Carolina

$5K

0% of total

Maryland

$3K

0% of total

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