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Srs Family Foundation Inc

Historical Funder

New York, New York · EIN 47-2274823 · Private foundation

Grants paid (2024)$1.5M
Organizations funded21
Typical grant$50,000
Total assets$42.3M

Half of its grants to organizations were between $12,000 and $75,000.

From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):

ContactSHEILA L SARMA
AddressC/O SRS INV MGMT ONE BRYANT PK 39, FL, NEW YORK NY 10036
Phone9734086700
EmailRAGHAVANSHEILA@HOTMAIL.COM
Form and materialsAPPLICATIONS SHOULD BE SUBMITTED BY MAIL OR EMAIL. APPLICATIONS SHOULD INCLUDE: 1) AN OFFICIAL HIGH SCHOOL ACADEMIC TRANSCRIPT 2) TEST SCORES ON STANDARDIZED TEST DESIGNED TO MEASURE ABILITY AND APTITUDE FOR COLLEGE WORK (E.G., SAT, ETC.) 3) TWO RECOMMENDATIONS FROM HIGH SCHOOL INSTRUCTORS 4) A COPY OF PARENTS' INDIVIDUAL (AND APPLICANTS', IF FILED) MOST RECENTLY FILED FEDERAL INCOME TAX RETURN (FORM 1040) 5) AN ESSAY (NOT TO EXCEED ONE PAGE) ADDRESSING THE FOLLOWING QUESTIONS: A) WHAT DO YOU ASPIRE TO BE AFTER COLLEGE? B) HOW WILL A COLLEGE EDUCATION HELP YOU PURSUE YOUR GOALS?
DeadlinesAPPLICATIONS MUST BE RECEIVED IN EMAIL BY 12AM MAY 1ST, OR POSTMARKED BY MAY 1ST IF MAILED.
RestrictionsAVAILABLE TO CANDIDATES WHO: 1) RESIDE IN NEW YORK CITY AND ATTEND A LOCAL HIGH SCHOOL 2) HAVE A GPA OF 3.3 OR HIGHER 3) ARE CURRENTLY ACCEPTED INTO AN ACCREDITED FOUR-YEAR UNDERGRADUATE COLLEGE 4) ARE US CITIZENS 5) HAVE A CURRENT ANNUAL HOUSEHOLD INCOME OF LESS THAN $75,000 6) ARE OF SOUTH ASIAN DESCENT

Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.

What it funds

Share of grant lines on the latest return, classified from the purpose each grant states.

  • Education2
  • Human Services2
  • Arts & Culture1
  • Homelessness1
  • Youth Sports1

Where it gives

52% of grants went outside New York.

Grants paid in tax year 2024

RecipientLocationPurposeAmount
Indian Institute of Technology INGeneral support$361,459
President and Fellows of Harvard CollegeCambridge, MAGeneral support$200,000
Acumen Fund IncNew York, NYGeneral support$150,000
Chinmaya Mission New YorkWoodbury, NYGeneral support$100,000
The Trustees of Princeton UniversityPrinceton, NJGeneral support$100,000
Inst for Fin Management and Research INGeneral support$75,000
Wellesley CollegeWellesley, MAGeneral support$60,000
Labhya USA IncTopsfield, MAGeneral support$50,000
Sakhi for South Asian WomenNew York, NYGeneral support$50,000
Union Square PartnershipNew York, NYGeneral support$50,000
The Joan and Sanford I Weill Dept of MedNew York, NYGeneral support$50,000
Mental Health AssociationChicopee, MAGeneral support$50,000
South Asian Youth ActionQueens, NYGeneral support$35,000
Glasswing InternationalNew York, NYGeneral support$25,000
Foundation for Promotion of Sports and GamesLos Gatos, CAGeneral support$20,000
The Philanthropy Workshop IncNew York, NYGeneral support$12,000
Friends of NalamdanaSalem, MAGeneral support$10,000
Youth IncNew York, NYGeneral support$10,000
Trinity Datta Yoga CenterCarpentersville, ILGeneral support$5,000
Tides CenterLos Angeles, CAGeneral support$4,500
Khelshala IncHingham, MAGeneral support$2,500

The return also lists 26 grants to individuals ($97,281). We do not publish the names of individual recipients.

Giving by year

Tax yearGrants paidGrant lines
2024$1,517,74047
2023$1,127,56938

Sources

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.