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Amar Foundation

Profile

Last Updated: 2016-02-09

At A Glance

Amar Foundation

1760 The Almeda, Ste. 300

San Jose, CA United States 95126-1728

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2013-12-31)

Assets: $39,436,778

Total giving: $9,808,333

EIN

943055731

Bridge Number

6041779953

Background

Established in 1987 in CA - Founded by Vinod Khosla and his wife Neeru. Vinod Khosla co-founded Sun Microsystems, a company that sold computer related and information technology services until it was purchased by Oracle Corporation in 2010 for $ 7.4 billion. Neeru Khosla is co-founder of CK 12 Foundation. Vinod and Neeru Khosla have committed to The Giving Pledge, and have pledged to give away at least half their wealth to philanthropy

Purpose and Activities

Giving primarily for education, and to U.S.-based organizations concerning India that support social, economic, and educational programs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI to a microfinance company.

Fields of Interest

Subjects
  • Education
  • Human services
  • International relations
  • Microfinance
International Interests
  • India

Financial Data

Year ended 2013-12-31

Assets: $39,436,778 (market value)

Gifts received: $10,022,670

Expenditures: $9,953,580

Total giving: $9,808,333

Qualifying distributions: $9,906,706

Giving activities include:

$9,808,333 for 4 grants (high: $8,825,000; low: $100,000)

$50,000 for 1 loan/program-related investment