Indima Foundation
Preselected recipients only
Indima Foundation is a private foundation in Oak Brook, Illinois. In tax year 2024 it gave $513,690 in 5 grants; the typical grant was $10,000 and the largest $250,000. 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$513,690
- Number of grants5
- Typical grant$10,000
- Largest grant$250,000
- Assets$11.6 million
- New grantees80%
Giving in 2024 was down from $530,000 the year before.
80% 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 |
|---|---|---|---|
| 2021 | $127,500 | 3 | $5.9 million |
| 2023 | $530,000 | 4 | $11.4 million |
| 2024 | $513,690 | 5 | $11.6 million |
How to apply
Indima 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
What Indima Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 4 | $511,000 |
| California | 1 | $2,690 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois | International fellowship | $250,000 |
| Loyola University | Medical research | $250,000 |
| Blind Foundation of India | Donation | $10,000 |
| Global Brigades | Donation | $2,690 |
| Dupage Foundation | Donation | $1,000 |
Officers and trustees
- Asok Ray
- Mallika Ray
- Ratnam Chittori
- Suparna Banerjee
- Timothy Fullerton Sr
- Travis Indharasophang
- Cherissa Krajniak
Questions people ask
Does Indima Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Indima Foundation give?
$513,690 in tax year 2024, across 5 grants, with a typical grant of $10,000.
Who runs Indima Foundation?
Its 2024 filing lists Asok Ray (Secretary), Mallika Ray (President), Ratnam Chittori (Director) and Suparna Banerjee (Director) among 7 officers and trustees.
What does Indima Foundation fund?
Based on its grants, mainly education and international.