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THE LACHIMI FOUNDATION

TROY, MI 383429963

The Lachimi Foundation, located in Troy, MI, has assets of over $16 million and supports initiatives in Chennai, India, with a leadership team serving without compensation.

Overview

About THE LACHIMI FOUNDATION

The Lachimi Foundation, based in Troy, Michigan, is a U.S.-based philanthropic organization with assets totaling $16,113,769. In the most recent fiscal year, the foundation reported expenses of $10,133,993 and revenue of $10,497,163. The foundation does not specify particular subject areas of focus but has funded initiatives in Chennai, India. The leadership team includes President Madhava G. Reddy and Directors Sobha Reddy, Teja Reddy, Keshav Reddy, and Adarsh Reddy, all of whom serve without compensation. The foundation's activities and funding priorities are not detailed, but its financial data suggests active engagement in philanthropic efforts.

Focus Areas

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Geographic Focus

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Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $16.1M
Total Awarded This Year $10.0M
Average Grant Size $10.0M
Total Grants (Previous Year) 289
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
TROY, MI, US
Geographic Funding Distribution

Financials

Total Assets
$16,113,769

in 2024, compared to $15,703,396 in 2023

Annual Grants
$10,000,000

1 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$10,000,000SAHAJ MARG SPIRITUALITY FOUNDATIONRELIGIOUS, SPIRITUAL, CULTURAL & EDUCATIONAL3/246 SCRM ROAD MANAPAKKAM CHENNAI, IN2024
$7,000,000SAHAJ MARG SPIRITUALITY FOUNDATIONRELIGIOUS, SPIRITUAL, CULTURAL & EDUCATIONAL3/246 SCRM ROAD MANAPAKKAM CHENNAI, IN2023
$4,000,000SAHAJ MARG SPIRITUALITY FOUNDATIONRELIGIOUS, SPIRITUAL, CULTURAL & EDUCATIONAL3/246 SCRM ROAD MANAPAKKAM CHENNAI, IN2022
3 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
MGR
MADHAVA G REDDY
PRESIDENT$02022
SR
SOBHA REDDY
DIRECTOR$02022
TR
TEJA REDDY
DIRECTOR$02022
KR
KESHAV REDDY
DIRECTOR$02022
AR
ADARSH REDDY
DIRECTOR$02022
MGR
MADHAVA G REDDY
PRESIDENT$02023
SR
SOBHA REDDY
DIRECTOR$02023
TR
TEJA REDDY
DIRECTOR$02023
KR
KESHAV REDDY
DIRECTOR$02023
AR
ADARSH REDDY
DIRECTOR$02023
15 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025