Frequently Asked Questions
Why did Amit and Deepali Sinha create the Foundation?
The Foundation was born from gratitude. Amit and Deepali Sinha grew up in India and credit education—particularly scholarships and financial aid—with opening doors to their success as technology and business leaders in the United States. The Foundation is their way of paying it forward by expanding access to education and healthcare for others around the world.
Do the founders or their family benefit financially from the Foundation?
No. The Foundation is a registered 501(c)(3) private foundation. Its assets cannot be used for the benefit of the founders, their family members, or any other private individuals or shareholders. Grants can only be made to other IRS-registered charitable organizations. Contributions made to the Foundation are tax-deductible for donors.
Where is the Foundation registered and what is its tax ID?
Amit & Deepali Sinha Foundation is registered in Delaware, United States. Its Employer Identification Number (EIN), as assigned by the Internal Revenue Service (IRS), is 85-2629891. Copies of the Foundation’s tax returns are publicly available through the IRS Tax Exempt Organization Search portal.
What kinds of initiatives does the Foundation support?
The Foundation supports high-impact initiatives in education and healthcare, such as merit- and need-based scholarships, faculty chairs and research endowments at world-class institutions, community programs that expand educational access and well-being, and IRS registered non-profits driving systemic change aligned with its mission and values.
How long has the Foundation been active, and what has it granted?
The Foundation has operated since August, 2020. As of the end of tax year 2024, it has distributed USD $2.91 million in total charitable grants.
What is the Foundation’s expense ratio?
As of the end of tax year 2024, 94% of total Foundation expenses were distributed as direct charitable grants, 2% was paid in excise taxes, and 4% was allocated to administrative and operational expenses. No salaries or expense reimbursements were paid to founders.
Is the Foundation’s work limited to India and the United States?
The Foundation supports global initiatives. While a significant portion of its current activities are in the United States and India—reflecting the founders’ deep personal ties to both countries—it funds initiatives wherever there is mission alignment and meaningful impact.
Can I partner with or donate to the Foundation?
The Foundation currently operates as a private family foundation and does not actively solicit public donations. However, we welcome mission-aligned partnerships and are open to conversations with institutions and nonprofits working to expand access to education and healthcare.