NonprofitsIit Madras Foundation

Human Services

Iit Madras Foundation

CUPERTINO, CA

Total revenue

$7.6M

Total expenses

$8.6M

Net assets

$17.3M

Grants received

$16.8M

96 grants

EIN

471990700

Tax year

2024

Mission

To promote education, scientific and technological research activities at "indian institute of technology madras".

Financials

FY 2024

Revenue

Contributions & grants$5.8M
Program service revenue
Investment income$1.8M
Other revenue
Total revenue$7.6M

Expenses

Grants paid$8.3M
Salaries & benefits$117K
Fundraising$86K
Other expenses$272K
Total expenses$8.6M
Total assets$20.9M
Net assets$17.3M

People

16 listed

NameRoleCompensation

KAMAL DUGGIRALA

CHAIRMAN

Board

5 hrs/wk

VENKAT RANGAN

BOARD MEMBER

Board

2 hrs/wk

MADHAV DURBHA

BOARD MEMBER

Board

5 hrs/wk

RAGHU SUGAVANAM

BOARD MEMBER

Board

2 hrs/wk

RV GUHA

BOARD MEMBER

Board

2 hrs/wk

GDS RAMKUMAR

BOARD MEMBER

Board

5 hrs/wk

MARTI G SUBRAHMANYAM

BOARD MEMBER

Board

2 hrs/wk

RAGHU RENGASWAMY

BOARD MEMBER

Board

2 hrs/wk

ASHWIN MAHALINGAM

BOARD MEMBER

Board

5 hrs/wk

ANANDKUMAR R KANNURPATTI

CEO

Board

10 hrs/wk

KANNAN GOVINDARAJAN

BOARD MEMBER

Board

2 hrs/wk

DURGA MALLADI

BOARD MEMBER

Board

2 hrs/wk

BALA IYER

BOARD MEMBER

Board

2 hrs/wk

SRINIVAS TIRUMALA

CFO

Board

5 hrs/wk

DIWAKAR VISHAKHADATTA

Secretary

Board

2 hrs/wk

SUNIL MENON

VP OF MARKETING

Board

2 hrs/wk

Grants received

Showing 96 of 96

FromAmountPurposeYear
$905K
UNRESTRICTED GENERAL SUPPORT
2024
$635K
GENERAL PURPOSE
2024
$500K
IN SUPPORT OF GENERAL OPERATIONS
2024
$250K
GENERAL SUPPORT
2024
$249K
UNRESTRICTED
2024
$175K
UNRESTRICTED GENERAL SUPPORT
2024
$50K
WOMEN LEADING INITIATIVE AT IITM (WLI) ENDOWMENT AND MERIT CUM MEANS SCHOLARSHIPS ENDOWMENT
2024
$50K
TO PROMOTE EDUCATION, SCIENTIFIC AND TECHNOLOGICAL RESEARCH ACTIVITIES AT "INDIAN INSTITUTE OF TECHNOLOGY MADRAS".
2024
$7K
GENERAL SUPPORT
2024
$1.1M
For grant recipient's exempt purposes
2023
$600K
SCHOLARSHIPS & FINANCIAL AID
2023
$450K
501(C)(3) SUPPORT
2023
$360K
UNRESTRICTED
2023
$350K
MERIT SCHOLARSHIP PROGRAM
2023
$305K
GENERAL PURPOSE
2023
$300K
UNRESTRICTED GENERAL SUPPORT
2023
$268K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$250K
GENERAL SUPPORT
2023
$232K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$151K
UNRESTRICTED GENERAL SUPPORT
2023
$100K
HUMAN SERVICE
2023
$90K
to set up an endowment fund at IIT Madras and to support new hires from the Department of Computer Science & Engineering in AI and Data Science at IITM
2023
$40K
HUMAN SERVICES
2023
$31K
CHARITABLE DONATION
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$2K
MATCHING GIFTS
2023
$409K
FUNDING FOR MEDICAL FACILITY
2022
$250K
TO SUPPORT 70 DIPLOMA STUDENTS AND 70 DEGREE STUDENTS IN DATA SCIENCE & PROGRAMMING
2022
$245K
For grant recipient's exempt purposes
2022
$211K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$193K
UNRESTRICTED
2022
$155K
UNRESTRICTED GENERAL SUPPORT
2022
$150K
SCHOLARSHIPS & FINANCIAL AID
2022
$100K
GENERAL UNRESTRICTED
2022
$100K
MERIT SCHOLARSHIP PROGRAM
2022
$25K
class of 1995 alumni batch FUNDS
2022
$18K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2022
$10K
GENERAL SUPPORT
2022
$6K
GENERAL SUPPORT
2022
$1K
MATCHING GIFTS
2022
$184K
UNRESTRICTED
2021
$120K
For recipient's exempt purpose
2021
$112K
For grant recipient's exempt purposes
2021
$112K
For grant recipient's exempt purposes
2021
$100K
GENERAL PURPOSE
2021
$95K
PUBLIC, SOCIETAL BENEFIT
2021
$39K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2021
$30K
The Narayanan Family Foundation Fellow in AI for social good
2021
$6K
General Support
2021
$2K
GENERAL DONATION
2021
$600K
501(C)(3) SUPPORT
2020
$571K
For grant recipient's exempt purposes
2020
$400K
Unrestricted
2020
$300K
Unrestricted Program Grant
2020
$200K
COMMUNITY & HUMAN SERVICES
2020
$138K
IIT MADRAS ENDOWMENT INNOVATION FUND
2020
$100K
MCM SCHOLARSHIP FUND TO SUPPORT IIT MADRAS STUDENTS
2020
$66K
General Unrestricted
2020
$45K
UNRESTRICTED GENERAL SUPPORT
2020
$18K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$2K
GENERAL DONATION
2020
$250
MIP PAYOUT FOR 10/06/20
2020
$762K
For grant recipient's exempt purposes
2019
$400K
PUBLIC, SOCIETAL BENEFIT
2019
$200K
COMMUNITY & HUMAN SERVICES
2019
$40K
UNRESTRICTED GENERAL SUPPORT
2019
$19K
COLLEGES AND UNIVERSITIES
2019
$665K
For grant recipient's exempt purposes
2018
$200K
GENERAL SUPPORT
2018
$172K
Unrestricted
2018
$139K
Unrestricted
2018
$3K
PROGRAM/OPERATING SUPPORT
2018
$1K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$16.8M from 34 funders · 96 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$3.6M · 7 grants · 2018–2023

Morgan Stanley Global Impact Funding Trust Inc

$1.8M · 7 grants · 2019–2024

Network For Good

$1.7M · 7 grants · 2018–2024

Dhanam Foundation

$1.3M · 5 grants · 2020–2024

The Goldman Sachs Charitable Gift Fund

$1.1M · 5 grants · 2021–2023

Lakshan Foundation Inc

$1.1M · 2 grants · 2020–2023

The Reddy Foundation

$1.0M · 3 grants · 2021–2024

American Online Giving Foundation Inc

$956K · 6 grants · 2019–2024

Details

EIN471990700
NTEE codeP20
Subsection03
Ruling date2015-02
Formed2014
Employees1
Volunteers40
IIT MADRAS FOUNDATION — Mission, Financials & Grants Received | Grantivo