Grantmaking public charity · EIN 20-8520739
Deshpande Foundation Inc
Boston, MA
Deshpande Foundation Inc is a public charity that makes grants based in Boston, MA. On its Form 990 (Schedule I) for tax year 2024, it reported $7.74M in grants paid across 14 grants, with $7.12M in total assets. Its largest grants went to Fidelity Charitable Gift Fund, Entrepreneurship for All Inc and Massachusetts Institute of Technology.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Deshpande Foundation Inc's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
Grantees provide periodic reports outlining expenditure and utilization of grant funds. Staff actively monitor grantee progress toward grant goals. New funds are not granted until satisfactory review of reporting.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Fidelity Charitable Gift Fund | Cincinnati, OH | Operating Support | $5,000,000 |
| Entrepreneurship for All Inc | Lowell, MA | Operating Support | $2,000,000 |
| Massachusetts Institute of Technology | Cambridge, MA | Operating Support | $500,000 |
| Boston Foundation Inc | Boston, MA | Operating Support | $70,000 |
| Hindu American Foundation | Washington, DC | Operating Support | $25,000 |
| Humane Society International | Washington, DC | Operating Support | $20,000 |
| Museum of Science | Boston, MA | Operating Support | $20,000 |
| VentureWell | Hadley, MA | Operating Support | $20,000 |
| Chinmaya Mission of Boston | Andover, MA | Operating Support | $11,000 |
| Brahma Kumaris World Spiritual Organization | Watertown, MA | Operating Support | $10,000 |
| Lowell Parks and Conservation Trust Inc | Lowell, MA | Operating Support | $10,000 |
| Massachusetts Society for the Prevention of Cruelty to Animals | Boston, MA | Operating Support | $10,000 |
| Project Prakash Foundation | Cambridge, MA | Operating Support | $10,000 |
| Samskrita Bharati | Bellevue, MA | Operating Support | $10,000 |
Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Deshpande Foundation Inc accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Deshpande Foundation Inc's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Deshpande Foundation Inc give each year?
For tax year 2024, it reported $7,736,500 in grants paid (14 grants). Giving can change from year to year.
What organizations has Deshpande Foundation Inc funded?
Its largest grants in tax year 2024 went to Fidelity Charitable Gift Fund (OH), $5M, Entrepreneurship for All Inc (MA), $2M, Massachusetts Institute of Technology (MA), $500K, Boston Foundation Inc (MA), $70K and Hindu American Foundation (DC), $25K.