The Nilendu And Renu Srivastava Family Foundation

Quick Stats

• Annual Giving: $137,615 (2023)
• Success Rate: N/A (invitation only)
• Decision Time: N/A (preselected organizations)
• Grant Range: $2,001 - $108,000
• Median Grant: $18,615
• Geographic Focus: Primarily New Hampshire and California
• Total Assets: $4.9 million (2023)

Contact Details

Address: 600 Market St #684, Lynnfield, MA 01940
Phone: (978) 970-3400
Website: Not available
Email: Not available

Note: This foundation does not accept unsolicited requests for funds.

Overview

The Nilendu and Renu Srivastava Family Foundation was established in 2017 as a private family foundation based in Lynnfield, Massachusetts. With total assets of approximately $4.9 million and annual giving of $137,615 in 2023, the foundation supports causes aligned with the family's values in education, spiritual development, and Hindu cultural preservation. The foundation is led by husband-and-wife team Nilendu and Renu Srivastava, along with their family members serving as trustees. Nilendu Srivastava is an engineer, entrepreneur, and CEO of Vascular Technology Inc., a medical device manufacturing company. He has been closely associated with spiritual leader Sri Sri Ravi Shankar for 17 years and travels extensively to support humanitarian projects. The foundation operates on an invitation-only basis, making grants to preselected charitable organizations rather than accepting public applications.

Funding Priorities

Grant Programs

The foundation has made 7 grants over the last three years (2021-2023), ranging from $2,001 to $108,000, with a median grant size of $18,615. All grants are made on an invitation-only basis to organizations preselected by the trustees.

Priority Areas

Based on recent grant awards, the foundation prioritizes:

• Education for Disadvantaged Children: Free holistic education for children from underprivileged backgrounds
• Spiritual and Personality Development: Educational programs incorporating stress management and character development
• Hindu Cultural and Religious Support: Supporting temples and cultural organizations serving the Hindu community
• Art of Living-Related Programs: Organizations connected to Sri Sri Ravi Shankar's Art of Living movement

Recent Grant Recipients (2023)

1. Ved Vignan Mahavidyapeeth (Nashua, NH) - $108,000

   • Purpose: Educational development, stress management, personality development
   • Organization runs 92 free schools across India for underprivileged children

2. Art of Living Foundation - Care for Children (Cupertino, CA) - $18,615

   • Purpose: "Support for holistic education to children from disadvantaged backgrounds"

3. Hindu Temple of NH (Nashua, NH) - $11,000

   • Purpose: "Satisfy religious, spiritual and cultural needs of Hindu community"

What They Don't Fund

The foundation does not accept unsolicited requests and only supports preselected organizations. They do not have open application cycles or publicly stated exclusions beyond this limitation.

Governance and Leadership

Trustees:

• Nilendu Srivastava - Donor & Trustee
• Renu Srivastava - Donor & Trustee
• Bhaskar Srivastava - Trustee
• Rachana S Suchdev - Trustee

About the Leadership:

Nilendu Srivastava is an engineer by profession and entrepreneur who owns and serves as CEO of Vascular Technology Inc., a medical device manufacturing company. He serves on the Board of Directors for numerous profit and nonprofit organizations. He and his wife Renu live in New Hampshire and have two children who are physicians, along with three grandchildren.

Nilendu has been closely associated with spiritual leader Sri Sri Ravi Shankar for 17 years and travels extensively to support humanitarian projects focused on women's empowerment, children's education, and uplifting human values. This connection is reflected in the foundation's support for Art of Living-related organizations and Ved Vignan Mahavidyapeeth, which operates under The Art of Living's aegis.

Application Process & Timeline

How to Apply

This foundation does not have a public application process. The foundation explicitly states that it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds."

Grants are awarded based on trustee discretion to organizations that align with the family's philanthropic interests, particularly those connected to:

• The Art of Living movement and Sri Sri Ravi Shankar's initiatives
• Educational programs for disadvantaged children
• Hindu cultural and spiritual organizations in the New Hampshire area

Decision Timeline

Not applicable - grants are made to preselected organizations on a discretionary basis by the trustees.

Success Rates

Not applicable - the foundation does not accept unsolicited applications.

Reapplication Policy

Not applicable - the foundation does not have a public application process.

Application Success Factors

Since this foundation does not accept unsolicited applications, traditional application success factors do not apply. However, organizations that receive funding from this foundation share the following characteristics:

Alignment with Trustee Values:

• Strong connection to The Art of Living movement and Sri Sri Ravi Shankar's philosophy
• Focus on holistic education incorporating stress management and character development
• Service to the Hindu community, particularly in New Hampshire
• Programs supporting disadvantaged children and women's empowerment

Geographic Connection:

• Organizations located in or serving New Hampshire (where the Srivastava family resides)
• Organizations connected to The Art of Living's national or international network

Established Relationships:

• Organizations with which the trustees have existing connections or awareness
• Entities within the trustees' professional or spiritual networks

Key Takeaways for Grant Writers

• No Public Applications: This foundation does not accept unsolicited requests for funds, so traditional grant seeking approaches will not be successful
• Invitation-Only Grantmaking: All grants are made to preselected organizations chosen by the trustees
• Art of Living Connection: Strong preference for organizations affiliated with Sri Sri Ravi Shankar's Art of Living movement
• Education Focus: Primary interest in holistic education programs for disadvantaged children
• Cultural Affinity: Support for Hindu temples and cultural organizations, particularly in New Hampshire
• Family-Driven: As a small family foundation with $137,615 in annual giving, grant decisions are highly personal and reflect the family's values and relationships
• Range of Grants: While the foundation can make grants up to $108,000, most grants are smaller (median $18,615), suggesting both major and modest support levels

References

1. CauseIQ - The Nilendu and Renu Srivastava Family Foundation profile, https://www.causeiq.com/organizations/the-nilendu-and-renu-srivastava-family-foundation,814679378/ (accessed January 2026)

2. Grantmakers.io - The Nilendu and Renu Srivastava Family Foundation profile with grant history, https://www.grantmakers.io/profiles/v0/814679378-the-nilendu-and-renu-srivastava-family-foundtion/ (accessed January 2026)

3. Sri Sri School of Yoga - Nilendu Srivastava biographical profile, https://srisrischoolofyoga.org/na/amo-team/nilendu-srivastava/ (accessed January 2026)

4. Charity Navigator - The Nilendu and Renu Srivastava Family Foundation profile, https://www.charitynavigator.org/ein/814679378 (accessed January 2026)

5. Instrumentl - The Nilendu and Renu Srivastava Family Foundation 990 report, https://www.instrumentl.com/990-report/the-nilendu-and-renu-srivastava-family-foundtion (accessed January 2026)