SRS FAMILY FOUNDATION INC
https://N/A
$42.3M
Total Assets (2024)
$986K
Avg Yearly Giving (2022–2024)
$3.0M
Giving on File
(3 yrs)
(3 yrs)
124
Grants on File
$32K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
SHEILA L SARMA
Phone
9734086700
Deadlines
APPLICATIONS MUST BE RECEIVED IN EMAIL BY 12AM MAY 1ST, OR POSTMARKED BY MAY 1ST IF MAILED.
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?
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
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | N/A | $2.0M | $398K | N/A |
| 2019 | N/A | $1.7M | $28K | N/A |
| 2020 | N/A | $1.3M | $7K | N/A |
| 2022 | $313K | $11.2M | $2.1M | 39 |
| 2023 | $1.1M | $68.0M | $60.5M | 38 |
| 2024 | $1.5M | $42.3M | $4.2M | 47 |
Grant Size Distribution
Based on 124 grants on record
Minimum
$200
25th Pctl
$2K
Median
$4K
Average
$24K
75th Pctl
$14K
Maximum
$500K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| SHEILA L SARMA | PRESIDENT, SECRETARY | — |
| KARTHIK R SARMA | VICE PRESIDENT, TREASURER | — |
Grants Awarded (124 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| PRINCETON UNIVERSITY | PRINCETON, NJ | $500,000 | GENERAL SUPPORT | 2023 |
| INDIAN INSTITUTE OF TECHNOLOGY | $361,459 | GENERAL SUPPORT | 2024 | |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | CAMBRIDGE, MA | $200,000 | GENERAL SUPPORT | 2023 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | CAMBRIDGE, MA | $200,000 | GENERAL SUPPORT | 2024 |
| ACUMEN FUND INC | NEW YORK, NY | $150,000 | GENERAL SUPPORT | 2024 |
| ACUMEN FUND INC | NEW YORK, NY | $150,000 | GENERAL SUPPORT | 2023 |
| THE TRUSTEES OF PRINCETON UNIVERSITY | PRINCETON, NJ | $100,000 | GENERAL SUPPORT | 2024 |
| IIT MADRAS FOUNDATION | REDWOOD CITY, CA | $100,000 | GENERAL UNRESTRICTED | 2022 |
| CHINMAYA MISSION NEW YORK | WOODBURY, NY | $100,000 | GENERAL SUPPORT | 2024 |
| INST FOR FIN MANAGEMENT AND RESEARCH | $75,000 | GENERAL SUPPORT | 2024 | |
| WELLESLEY COLLEGE | WELLESLEY, MA | $60,000 | GENERAL SUPPORT | 2024 |
| THE JOAN AND SANFORD I WEILL DEPT OF MED | NEW YORK, NY | $50,000 | GENERAL SUPPORT | 2024 |
| SAKHI FOR SOUTH ASIAN WOMEN | NEW YORK, NY | $50,000 | GENERAL SUPPORT | 2024 |
| UNION SQUARE PARTNERSHIP | NEW YORK, NY | $50,000 | GENERAL SUPPORT | 2024 |
| LABHYA USA INC | TOPSFIELD, MA | $50,000 | GENERAL SUPPORT | 2023 |
| LABHYA USA INC | TOPSFIELD, MA | $50,000 | GENERAL SUPPORT | 2024 |
| WELLESLEY COLLEGE | WELLESLEY, MA | $50,000 | GENERAL SUPPORT | 2023 |
| MENTAL HEALTH ASSOCIATION | CHICOPEE, MA | $50,000 | GENERAL SUPPORT | 2024 |
| SOUTH ASIAN YOUTH ACTION | QUEENS, NY | $35,000 | GENERAL SUPPORT | 2024 |
| GLASSWING INTERNATIONAL | NEW YORK, NY | $25,000 | GENERAL SUPPORT | 2024 |
| SOUTH ASIAN YOUTH ACTION | QUEENS, NY | $25,000 | GENERAL UNRESTRICTED | 2022 |
| CHINMAYA MISSION NEW YORK | WOODBURY, NY | $25,000 | GENERAL SUPPORT | 2023 |
| FOUNDATION FOR PROMOTION OF SPORTS AND GAMES | LOS GATOS, CA | $20,000 | GENERAL SUPPORT | 2024 |
| FOUNDATION FOR PROMOTION OF SPORTS AND GAMES | LOS GATOS, CA | $20,000 | GENERAL UNRESTRICTED | 2022 |
| ROCKEFELLER PHILANTHROPY ADVISORS | NEW YORK, NY | $20,000 | GENERAL UNRESTRICTED | 2022 |