Aum Capital Group Charitable Foundation
Preselected recipients only
Aum Capital Group Charitable Foundation is a private foundation in Huntsville, Alabama. In tax year 2024 it gave $57,549 in 14 grants; the typical grant was $1,338 and the largest $40,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$57,549
- Number of grants14
- Typical grant$1,338
- Largest grant$40,000
- Assets$1.2 million
- New grantees71%
Giving in 2024 was up from $45,396 the year before.
71% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $200,000 | 1 | $952,192 |
| 2023 | $45,396 | 5 | $1.1 million |
| 2024 | $57,549 | 14 | $1.2 million |
How to apply
Aum Capital Group Charitable Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
Where it gives
All of its grants went to recipients in Alabama.
| State | Grants | Amount |
|---|---|---|
| Alabama | 14 | $57,549 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Aum Foundation USA | Sponsorship payment | $40,000 |
| Alabama Media Group | General support | $4,500 |
| Eighth Street Community | General support | $3,000 |
| Huntsville Committee of 100 | General support | $1,600 |
| Drake State Foundation | General support | $1,500 |
| Madison Chamber of Commerce | General support | $1,500 |
| Wedc Foundation | General support | $1,477 |
| Village of Promise | General support | $1,200 |
| Hudson Alpha Foundation | General support | $1,000 |
| Heals Inc | General support | $500 |
| Meridianville Athletic Association | General support | $500 |
| Rocket City Moms | General support | $500 |
| Rotary Club | General support | $172 |
| Huntsville Symphony Orchestra Guild | General support | $100 |
Officers and trustees
- Raj Shanijow
- Alka Bhargav
Questions people ask
Does Aum Capital Group Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Aum Capital Group Charitable Foundation give?
$57,549 in tax year 2024, across 14 grants, with a typical grant of $1,338.
Who runs Aum Capital Group Charitable Foundation?
Its 2024 filing lists Raj Shanijow (Director) and Alka Bhargav (Director).