GrantAuthority

The Asha and Sajjan Agarwal Foundation

Grantmaking foundation in Raleigh, North Carolina · EIN 42-1747195

Grants itemized on the 990
$3.7MTax year 2024
Grants made
19Tax year 2024
Total assets
$130MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

During 2021, the Foundation started a new Direct Charitable Activity referred to as the Agarwal Scholars Program (the "Program"). The Program provides support to "At Risk Students" (grades 6-12), to ensure all students are provided the opportunity to a quality education, preparing them for post-secondary education and careers. For each student in the Program, an Educational Professional will assess the student's needs, direct resources, and become the advocate of the student with recurring interaction, support and mentoring throughout the entire grant period. The Foundation hired an Educational Professional with specific expertise in serving the target group, developed a student care model, established monitoring controls, developed an independent selection process, and obtained preapproval from the IRS. During 2023, the Foundation served 28 students.

Quoted from the foundation's IRS filing.

Giving by year

$820K2018
$1.1M2019
$1M2020
$1.3M2021
$2.2M2022
$3.4M2023
$3.7M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Hindu Society of NC$1.4M2024
Rishihood Foundation$600K2024
Hindu University of America$300K2024
Vivekananda Yoga University (VaYU)$250K2024
Schwab Charitable Fund$150K2024

Amounts are rounded. The full grantee list (19 grants in 2024) is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.