Mission
The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.
Public Charity
Deshpande Foundation Inc C/O Boston Foundation Inc
Based in Boston, MA, Deshpande Foundation Inc C/O Boston Foundation Inc operates as a Public Charity. The organization reported $121K in revenue, $8.1M in expenses, $7.1M in total assets for fiscal year 2025. Imperigo tracks 28 reported grants from this foundation totaling approximately $9.6M.
EIN: 208520739
Boston, MA
Private Grantmaking Foundations
NTEE: T20
Latest filing: 2025
Total Revenue$121K
Total Expenses$8.1M
Total Assets$7.1M
Grants Given28
Grant Total$9.6M
Filing Years2021–2025
Where $100 goes at Deshpande Foundation Inc C/O Boston Foundation Inc
How Deshpande Foundation Inc C/O Boston Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
Utilizing grant-making and education to promote geographically-relevant process, technological and social innovation and entrepreneurship
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Deshpande Foundation Inc C/O Boston Foundation Inc
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
Operating Support
$5,000,000
Operating Support
$2,000,000
Operating Support
$500,000
Operating Support
$70,000
Operating Support
$25,000
Showing up to 5 of 28 total records — full history available with membership.
Officers & Directors
President & Director
Gururaj Deshpande
Director
Hemang Dave
Director
Jaishree Deshpande
Treasurer & Director
Kate R Guedj
Clerk & Director
Orlando Watkins
CFO
Servjeet Bhachu
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $121K | $8.1M | $7.1M |
| 2024 | $110K | $681K | $14.2M |
| 2023 | $-227K | $843K | $13.5M |
| 2022 | $127K | $711K | $14.0M |
| 2021 | $114K | $1.3M | $15.2M |
Between 2021 and 2025, reported annual revenue grew from $114K to $121K (+7%), with total assets most recently reported at $7.1M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in DC, MA, OH.
DCMAOH
Full geographic grant map with state-by-state breakdown available with membership.