The Saxena Family Foundation is a privately funded, 501(c) (3) registered non-profit charitable foundation headquartered in Austin, Texas. The Foundation awards grants and supports programs that have a particular focus on S.T.E.M (Science, Technology, Engineering, Math) education and around empowering women in the United States and in India.
The Foundation anticipates most grants will be in the $5,000-$50,000 range. Initial grants are not necessarily typical of future grants.
When considering the award of grants and scholarships from the Foundation, the selection committee will weigh a variety of factors. The grant application will be reviewed as well as other eligibility factors, which are as follows:
– Organizations must be classified as tax-exempt under Section 501(c) (3) of the Internal Revenue Code and as public charities, under Section 509(a) of that code; organizations cannot be a private foundation under Section 509 (a). For-profit organizations are not eligible for funding.
– Churches and religious organizations may be eligible to receive funding for activities that are non-sectarian and benefit the larger community.
– While some unrestricted funding is provided, the Foundation prefers to fund specific projects.