Private foundation · EIN 47-2274823 · New York, New York · Philanthropy & grantmaking

Srs Family Foundation Inc

Should you approach them?

Yes, approach them if you're in New York. The foundation accepts applications (Applications must be received in email by 12am may 1st, or postmarked by may 1st) and its median grant is $5,000.

From the 2024 Form 990-PF: 47 grants paid, $1.5M total, median $5,000. 66% of grants stayed in New York. Stated restrictions: Available 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)…

Accepts applications
Yes
per 990-PF Part XV
Grants paid, 2024
47
$1.5M
Median grant
$5,000
Stays in NY
66%
of grants
Deadline
See below
Applications must be received in email b
Assets
$42M

How to apply

Applications 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? Contact: Sheila L Sarma, C/O Srs Inv Mgmt One Bryant Pk 39, New York, Ny, 9734086700, RAGHAVANSHEILA@HOTMAIL.COM Deadlines: Applications must be received in email by 12am may 1st, or postmarked by may 1st if mailed. Restrictions: Available 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

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

Top 21 of 47 grants by amount · from Form 990-PF Part XV

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

By state: New York 31 · INTL 2 · Massachusetts 6 · New Jersey 1 · California 3 · District of Columbia 1

About this foundation

Srs Family Foundation Inc is a private grantmaking foundation in New York, New York, administered in care of Ue LLC, tax-exempt since 2015. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Srs Family Foundation Inc accept grant applications?

Yes. On its 2024 Form 990-PF the foundation indicates it accepts applications. Applications should be submitted by mail or email. Deadlines: Applications must be received in email by 12am may 1st, or postmarked by may 1st if mailed..

How much does Srs Family Foundation Inc give each year?

In tax year 2024 it paid $1.5M across 47 grants, a median of $5,000.

Where does Srs Family Foundation Inc give?

New York (31 grants), INTL (2 grants), Massachusetts (6 grants) and elsewhere, per its latest filing.

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