The Reddy Foundation
Preselected recipients only
The Reddy Foundation is a private foundation in Summit, New Jersey. In tax year 2024 it gave $798,742 in 12 grants; the typical grant was $12,000 and the largest $634,742. 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$798,742
- Number of grants12
- Typical grant$12,000
- Largest grant$634,742
- Assets$13.8 million
- New grantees58%
Giving in 2024 was down from $1.3 million the year before.
58% 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 | $750,957 | 7 | $11.3 million |
| 2023 | $1.3 million | 13 | $12.8 million |
| 2024 | $798,742 | 12 | $13.8 million |
How to apply
The Reddy 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.
What The Reddy Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 1 | $634,742 |
| New York | 4 | $108,000 |
| North Carolina | 1 | $15,000 |
| Texas | 1 | $14,000 |
| Minnesota | 1 | $10,000 |
| New Jersey | 2 | $7,000 |
| Maryland | 1 | $5,000 |
| Washington | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Iit Madras Foundation | General purpose | $634,742 |
| Public Art Fund | General purpose | $58,000 |
| The Hindu Temple | General purpose | $25,000 |
| Rural Empowerment | General purpose | $15,000 |
| South Asian Youth Action | General purpose | $15,000 |
| Pratham USA | General purpose | $14,000 |
| Solomon R Guggenheim Museum | General purpose | $10,000 |
| Wolf Ridge Environmental Learning Center | General purpose | $10,000 |
| Rural Development Institute DBA Landesa | General purpose | $5,000 |
| Bala Mandir USA | General purpose | $5,000 |
| New Classrooms Innovation | General purpose | $5,000 |
| Community Foundation of New Jersey | General purpose | $2,000 |
Officers and trustees
- Girish V Reddy
- Rasika G Reddy
- Srinidhi G Reddy
- Jaidev G Reddy
Questions people ask
Does The Reddy Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Reddy Foundation give?
$798,742 in tax year 2024, across 12 grants, with a typical grant of $12,000.
Who runs The Reddy Foundation?
Its 2024 filing lists Girish V Reddy (Trustee/Part-Time), Rasika G Reddy (Trustee/Part-Time), Srinidhi G Reddy (Co-Trustee) and Jaidev G Reddy (Co-Trustee).
What does The Reddy Foundation fund?
Based on its grants, mainly arts and culture and community development.