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Garipalli Foundation is a private trust based in COLTS NECK, NJ. The foundation received its IRS ruling in 2003. The principal officer is Laxmipathi Garipalli. It holds total assets of $9K. Annual income is reported at $25K. Total assets have decreased from $184K in 2011 to $9K in 2024. The foundation is governed by 2 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 2024. According to available records, Garipalli Foundation has made 7 grants totaling $11K, with a median grant of $1K. Annual giving has decreased from $9K in 2022 to $2K in 2023. Individual grants have ranged from $200 to $5K, with an average award of $2K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New Jersey and Maryland. Contributions to this foundation are tax-deductible.
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.
Garipalli Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NJ, MD.
Garipalli Foundation has distributed a total of $11K across 7 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $200 to $5K.
Garipalli Foundation typically selects its grantees rather than accepting unsolicited proposals.
Garipalli Foundation is headquartered in COLTS NECK, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laxmipathi Garipalli | TRUSTEE | $0 | $0 | N/A |
| Lakshmi Garipalli | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9K
Fair Market Value
N/A
Net Worth
$9K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$11K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ShareCHARITABLE CONTRIBUTION | Riverdale, MD | $5K | 2022 |
| Durga MandirCHARITABLE CONTRIBUTION FOR RELIGIOUS PURPOSE | Princeton, NJ | $2K | 2023 |
| Federation Of Italian American Societies Of New JerseyCHARITABLE CONTRIBUTION | Kearny, NJ | $200 | 2023 |
| Sarala Bathena FoundationCHARITABLE CONTRIBUTION | Monmouth Junction, NJ | $2K | 2022 |
| Gurudwara Singh SabhaCHARITABLE CONTRIBUTION FOR RELIGIOUS PURPOSE | Woodbridge Twp, NJ | $1K | 2022 |
| Colts Neck First Aid SquadCHARITABLE CONTRIBUTION | Colts Neck, NJ | $200 | 2022 |