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Gursahaney Family Foundation Inc. is a private corporation based in BOCA RATON, FL. The foundation received its IRS ruling in 2016. The principal officer is Naren Gursahaney. It holds total assets of $2.9M. Annual income is reported at $1.8M. Total assets have grown from $972K in 2015 to $2.4M 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 Florida and Pennsylvania. According to available records, Gursahaney Family Foundation Inc. has made 69 grants totaling $746K, with a median grant of $5K. Annual giving has grown from $224K in 2020 to $522K in 2022. Individual grants have ranged from $1K to $100K, with an average award of $11K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Pennsylvania, Florida, Virginia, which account for 67% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$10K
Largest Grant
$100K
Based on 23 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.
Gursahaney Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in PA, FL, VA.
Gursahaney Family Foundation Inc. has distributed a total of $746K across 69 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $100K.
Gursahaney Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gursahaney Family Foundation Inc. is headquartered in BOCA RATON, FL. While based in FL, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judith Gursahaney | DIRECTOR, VP, SECRETARY | $0 | $0 | N/A |
| Naren Gursahaney | DIRECTOR, PRESIDENT, TREASURER | $0 | $0 | N/A |
| Kayla Gursahaney | DIRECTOR, PRESIDENT, TREASURER | $0 | $0 | N/A |
| Phillip Gursahaney | DIRECTOR, PRESIDENT, TREASURER | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$2.4M
Fair Market Value
$2.9M
Net Worth
$2.4M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$48K
Distribution Amount
$101K
Total: $2.3M
Total Grants
69
Total Giving
$746K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
33
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL SUPPORT | Atlanta, GA | $5K | 2022 |
| Penn State - E-Knowledge CommonsGENERAL SUPPORT | State College, PA | $100K | 2022 |
| Penn State -FootballGENERAL SUPPORT | University Park, PA | $30K | 2022 |
| Boca Raton Regional Hospital FoundationGENERAL SUPPORT | Boca Raton, FL | $25K | 2022 |
| Darden School Foundation -Reunion ScholarshipGENERAL SUPPORT | Charlottesville, VA | $20K | 2022 |
| Pennstate - Ist ScholarshipGENERAL SUPPORT | University Park, PA | $10K | 2022 |
| Lynn UniversityGENERAL SUPPORT | Boca Raton, FL | $10K | 2022 |
| Penn State- Veteran'S CenterGENERAL SUPPORT | University Park, PA | $10K | 2022 |
| United Way PbcGENERAL SUPPORT | West Palm Bech, FL | $10K | 2022 |
| Penn State -Men'S BasketballGENERAL SUPPORT | University Park, PA | $10K | 2022 |
| Bps Foundation - Lions Legacy ClubGENERAL SUPPORT | Las Vegas, NV | $5K | 2022 |
| Education Foundation Of PbcGENERAL SUPPORT | Boynton Beach, FL | $5K | 2022 |
| Locking Arms MenGENERAL SUPPORT | Bridgeville, PA | $5K | 2022 |
| Men Giving Back SpbcGENERAL SUPPORT | Boca Raton, FL | $3K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $3K | 2022 |
| Tunnel To Towers FoundationGENERAL SUPPORT | Staten Island, NY | $2K | 2022 |
| Make A Wish Southern FloridaGENERAL SUPPORT | Ft Lauderdale, FL | $2K | 2022 |
| Alzheimer'S AssociationGENERAL SUPPORT | Chicago, IL | $1K | 2022 |
| Golden Cub Ambassadors ClubGENERAL SUPPORT | North Palm Beach, FL | $1K | 2022 |
| Emeril Lagasse FoundationGENERAL SUPPORT | New Orleans, LA | $1K | 2022 |
| Boca Helping HandsGENERAL SUPPORT | Boca Raton, FL | $1K | 2022 |
| Place Of HopeGENERAL SUPPORT | Palm Beach Gardens, FL | $1K | 2022 |
| American Heart AssociationGENERAL SUPPORT | Dallas, TX | $1K | 2022 |
| Pennstate - E-Knowledge CommonsGENERAL SUPPORT | State College, PA | $100K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL