Banga Family Foundation
Preselected recipients only
Banga Family Foundation is a private foundation in Albany, New York. In tax year 2025 it gave $668,900 in 7 grants; the typical grant was $50,000 and the largest $400,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$668,900
- Number of grants7
- Typical grant$50,000
- Largest grant$400,000
- Assets$35.4 million
- New grantees29%
Giving in 2025 was up from $635,000 the year before.
29% of its 2025 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 | $0 | 0 | $31.8 million |
| 2024 | $635,000 | 7 | $32.4 million |
| 2025 | $668,900 | 7 | $35.4 million |
How to apply
Banga Family 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 Banga Family Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 4 | $591,400 |
| Massachusetts | 2 | $52,500 |
| California | 1 | $25,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Shed NYC Inc | General Support | $400,000 |
| Weill Cornell Medical College | General Support | $125,000 |
| Hudson River Park Friends | General Support | $51,400 |
| The President and Fellows of Harvard College | General Support | $50,000 |
| Stanford University | General Support | $25,000 |
| Barrow Street Nursery School | General Support | $15,000 |
| Harvard Business School | General support | $2,500 |
Officers and trustees
- Ritu Banga
- Aditi Banga
- Jyotika Banga
Questions people ask
Does Banga Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Banga Family Foundation give?
$668,900 in tax year 2025, across 7 grants, with a typical grant of $50,000.
Who runs Banga Family Foundation?
Its 2025 filing lists Ritu Banga (Trustee), Aditi Banga (Trustee) and Jyotika Banga (Trustee).
What does Banga Family Foundation fund?
Based on its grants, mainly education.