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Gulati Family Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2003. The principal officer is Foundation Source. It holds total assets of $2.8M. Annual income is reported at $3.4M. Total assets have grown from $2.4M in 2011 to $2.9M in 2023. The foundation is governed by 8 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 Pennsylvania and Florida. According to available records, Gulati Family Foundation has made 90 grants totaling $746K, with a median grant of $2K. Annual giving has grown from $195K in 2020 to $551K in 2022. Individual grants have ranged from $500 to $167K, with an average award of $8K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in Pennsylvania, Texas, Florida, which account for 94% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$9K
Largest Grant
$167K
Based on 30 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.
Gulati Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in PA, TX, FL.
Gulati Family Foundation has distributed a total of $746K across 90 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $500 to $167K.
Gulati Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gulati Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rosemary M Gulati | Trustee, Pres | $5K | $0 | $5K |
| J David Gulati Ii | Trustee | $4K | $0 | $4K |
| J David Gulati Iii | Trustee | $4K | $0 | $4K |
| Loretta Gulati | Trustee, VP | $4K | $0 | $4K |
| Michael E Gulati | Trustee | $4K | $0 | $4K |
| Jack D Gulati | Trustee | $4K | $0 | $4K |
| Charles J Gulati | Trustee | $4K | $0 | $4K |
| Jennifer Gulati | Trustee, Sec, Treas | $4K | $0 | $4K |
Total Giving
$343K
Total Assets
$2.9M
Fair Market Value
$3.5M
Net Worth
$2.9M
Grants Paid
$269K
Contributions
$602K
Net Investment Income
$96K
Distribution Amount
$141K
Total Grants
90
Total Giving
$746K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
38
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chestnut Hill College Of The Sisters Of St JosephEndowment Campaign | Philadelphia, PA | $167K | 2022 |
| Perkiomen SchoolGeneral & Unrestricted | Pennsburg, PA | $15K | 2022 |
| Moravian AcademyAnnual Fund | Bethlehem, PA | $10K | 2022 |
| Pennsylvania State UniversityUndergraduate scholarship fund | State College, PA | $10K | 2022 |
| The Hill SchoolAnnual Fund | Pottstown, PA | $10K | 2022 |
| Philadelphia Freedom Valley Young Mens Christian ACharitable Event | Boyertown, PA | $8K | 2022 |
| Ed Snider Youth Hockey FoundationCharitable Event | Philadelphia, PA | $8K | 2022 |
| Aerie Africa IncGeneral & Unrestricted | Fort Washington, PA | $5K | 2022 |
| Bishops Annual Appeal Charitable TrustGeneral & Unrestricted | Allentown, PA | $5K | 2022 |
| Allen Americans FoundationGeneral & Unrestricted | Allen, TX | $5K | 2022 |
| Spring-Ford Senior High SchoolScholarship Fund | Royersford, PA | $3K | 2022 |
| Ywca Tri-County AreaCharitable Event | Pottstown, PA | $3K | 2022 |
| American Childhood Cancer OrganizationJake's Dragon Foundation | Kensington, MD | $2K | 2022 |
| Ymca Of Reading & Berks CoCharitable Event | Reading, PA | $2K | 2022 |
| Berks County Community Foundation IncCharitable Event | Reading, PA | $2K | 2022 |
| St Leo The Great Catholic ChurchGeneral & Unrestricted | Bonita Springs, FL | $1K | 2022 |
| St Catharine Of SienaGeneral & Unrestricted | Reading, PA | $1K | 2022 |
| Hope Rescue Mission Of The City Of Reading PaCharitable Event | Reading, PA | $1K | 2022 |
| Moms House Inc Of Greater PhiladelphiaGeneral & Unrestricted | Phoenixville, PA | $1K | 2022 |
| Guadalupe Center IncGeneral & Unrestricted | Naples, FL | $1K | 2022 |
| Gwynedd-Mercy AcademyAnnual Fund | Gwynedd Valley, PA | $1K | 2022 |
| Cafe Of Life IncBay Brothers Bible Study Group | Bonita Spgs, FL | $500 | 2022 |
| The Leukemia & Lymphoma Society - Nj & Lehigh VallCharitable Event | New York, NY | $500 | 2022 |