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Jyoti Bansal

CaliforniaTechnology

AIProfile Summary

Jyoti Bansal is a California-based technology entrepreneur with an estimated net worth of ~$2.3B RTB. A news report identifies him as an IIT Delhi graduate who waited seven years to start his business NewsAPI.

Philanthropy

Three foundations tied to Bansal reported 2023 tax filings: Bansal Foundation in McLean, Virginia; Bansal Family Foundation in Old Westbury, New York; and Ramaswamy Bansal Family Foundation in Palo Alto, California ProPublica 990. Together, they reported $1,910,456 in grants paid and $22,371,571 in total assets ProPublica 990. The Bansal Family Foundation reported $0 in grants paid in 2023 while holding $39,611 in assets ProPublica 990.

Political Activity

From 2020-09-26 to 2025-12-14, Bansal made 8 federal contributions totaling $28,400 FEC. Most of the money went to Democratic recipients, with $23,400 to DEM and $5,000 to committees categorized as Unknown FEC. Top recipients included RAJA FOR ILLINOIS and ERIC JONES FOR CONGRESS at $7,000 each, plus HARRIS FOR PRESIDENT at $3,300 FEC.

In the News

A June 13, 2026 article in The Economic Times said Bansal is an IIT Delhi graduate and described his net worth as over $2.3 billion NewsAPI.

AI-generated summary from fec, gdelt, rtb, propublica_990 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

990Philanthropy

$22.4MFoundation Assets
$1.9MGrants Paid
3Foundations
Bansal FoundationMclean, VA
Private grantmaking foundation (IRS NTEE T20)
Assets: $6.8MRevenue: $361KGrants: $750KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Bansal Family FoundationOld Westbury, NY
Private independent foundation (IRS NTEE T22)
Assets: $40KRevenue: $511Grants: $0Tax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Ramaswamy Bansal Family FoundationPalo Alto, CA
Private independent foundation (IRS NTEE T22)
Assets: $15.6MRevenue: $2.2MGrants: $1.2MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$28KTotal Contributed
8Contributions
2020–2025Date Range

By Party

DEM
$23K
Unknown
$5K

Top Recipients

RAJA FOR ILLINOIS$7K
ERIC JONES FOR CONGRESS$7K
REVIVING AMERICAN JOBS AGAIN PAC$5K
HARRIS FOR PRESIDENT$3K
RO FOR CONGRESS INC$3K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

C
37.2
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
17%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
75%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Jyoti Bansal — Public Benefit Score C (37) | Billionaire Army