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Desai Family Foundation Inc. is a private corporation based in LEXINGTON, KY. The foundation received its IRS ruling in 2012. It holds total assets of $18K. Annual income is reported at $283. Total assets have grown from $5K in 2012 to $20K in 2023. The foundation is governed by 4 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 2016 to 2023. The foundation primarily funds organizations in Nebraska, Texas and Kentucky. According to available records, Desai Family Foundation Inc. has made 4 grants totaling $840, with a median grant of $212.5. Annual giving has decreased from $475 in 2021 to $365 in 2023. Individual grants have ranged from N/A to $365, with an average award of $210. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Kentucky and Nebraska. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
N/A
Average Grant
$158
Largest Grant
$365
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 Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX, KY, NE.
Desai Family Foundation Inc. has distributed a total of $840 across 4 grants. The median grant size is $212.5, with an average of $210. Individual grants have ranged from N/A to $365.
Desai Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Desai Family Foundation Inc. is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arati Desai | DIRECTOR | $0 | $0 | N/A |
| Suvas Desai | PRESIDENT-TR | $0 | $0 | N/A |
| Nirmala Desai | SECRETARY | $0 | $0 | N/A |
| Akshay Desai | DIRECTOR | $0 | $0 | N/A |
Total Giving
$993
Total Assets
$20K
Fair Market Value
N/A
Net Worth
$20K
Grants Paid
$365
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$1K
Total Grants
4
Total Giving
$840
Average Grant
$210
Median Grant
$212.5
Unique Recipients
3
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ekal Vidyalaya Foundation Of UsaGIFT | Houston, TX | $365 | 2023 |
| St Joseph HospitalGIFT | Lexington, KY | N/A | 2021 |
| Boys TownGIFT | Boys Town, NE | N/A | 2021 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY