Amarican-Indus Corporation
Preselected recipients only
Amarican-Indus Corporation is a private foundation in Potomac, Maryland. In tax year 2024 it gave $31,000 in 3 grants; the typical grant was $10,000 and the largest $20,000. 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$31,000
- Number of grants3
- Typical grant$10,000
- Largest grant$20,000
- Assets$3.5 million
- New grantees33%
Giving in 2024 was down from $33,896 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $33,896 | 6 | $3.0 million |
| 2024 | $31,000 | 3 | $3.5 million |
How to apply
Amarican-Indus Corporation 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.
What Amarican-Indus Corporation funds
Where it gives
Its grants went to recipients in 3 states, the most to Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 1 | $20,000 |
| Arizona | 1 | $10,000 |
| Pennsylvania | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| John Hopkins University | Charitable | $20,000 |
| Hindu University of America | Charitable | $10,000 |
| St Mary of Nazareth School | Charitable | $1,000 |
Officers and trustees
- Vaikunth Gupta
- Sujata Gupta
Questions people ask
Does Amarican-Indus Corporation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Amarican-Indus Corporation give?
$31,000 in tax year 2024, across 3 grants, with a typical grant of $10,000.
Who runs Amarican-Indus Corporation?
Its 2024 filing lists Vaikunth Gupta (President) and Sujata Gupta (Secretary).
What does Amarican-Indus Corporation fund?
Based on its grants, mainly education.