//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Desai Family Foundation is a private corporation based in SCHAUMBURG, IL. The foundation received its IRS ruling in 2017. It holds total assets of $31K. Annual income is reported at N/A. Total assets have decreased from $88K in 2019 to $36K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Illinois and California. According to available records, Desai Family Foundation has made 2 grants totaling $25K, with a median grant of $13K. Annual giving has grown from $5K in 2021 to $20K in 2023. Individual grants have ranged from $5K to $20K, with an average award of $13K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Wisconsin and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Desai Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in WI, IL.
Desai Family Foundation has distributed a total of $25K across 2 grants. The median grant size is $13K, with an average of $13K. Individual grants have ranged from $5K to $20K.
Desai Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Desai Family Foundation is headquartered in SCHAUMBURG, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mehul Desai | PRESIDENT | $0 | $0 | N/A |
| Malavika Desai | TRUSTEE | $0 | $0 | N/A |
| Mayank Patel | TRUSTEE | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$36K
Fair Market Value
$36K
Net Worth
$36K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$25K
Average Grant
$13K
Median Grant
$13K
Unique Recipients
2
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marquette UniversityCHARITY | Milwaukee, WI | $20K | 2023 |
| The Global Foodbanking NetworkCharity | Chicago, IL | $5K | 2021 |