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Jai & Somna Gulati Foundation A Nj Nonprofit Corporation is a private corporation based in ROBBINSVILLE, NJ. The foundation received its IRS ruling in 2022. It holds total assets of $29K. Annual income is reported at $110K. The foundation is governed by 2 officers and trustees. Community Engagement. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Jai & Somna Gulati Foundation A Nj Nonprofit Corporation has made 24 grants totaling $8K, with a median grant of $250. Annual giving has grown from $4K in 2022 to $5K in 2023. Individual grants have ranged from N/A to $1K, with an average award of $353.625. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in New Jersey, Virginia, New York, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Community Engagement
Expenses: $7K
Religious Outreach
Expenses: $3K
Education
Expenses: $440
Community Engagement. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NJ, VA, NY.
Jai & Somna Gulati Foundation A Nj Nonprofit Corporation has distributed a total of $8K across 24 grants. The median grant size is $250, with an average of $353.625. Individual grants have ranged from N/A to $1K.
Jai & Somna Gulati Foundation A Nj Nonprofit Corporation typically selects its grantees rather than accepting unsolicited proposals.
Jai & Somna Gulati Foundation A Nj Nonprofit Corporation is headquartered in ROBBINSVILLE, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jai P Gulati | President | $0 | $0 | N/A |
| Somna J Gulati | VP & Secretary | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$16K
Fair Market Value
$18K
Net Worth
$12K
Grants Paid
$5K
Contributions
$42K
Net Investment Income
N/A
Distribution Amount
$481
Total: $5K
Total Grants
24
Total Giving
$8K
Average Grant
$353.625
Median Grant
$250
Unique Recipients
10
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sri Sai Narayana OrganizationGeneral Purpose | Manakin Sabot, VA | $1K | 2023 |
| Leap To ShineGeneral Purpose | Monmouth Junction, NJ | $1K | 2023 |
| Robbinsville High SchoolGeneral Purpose | Robbinsville, NJ | $1K | 2023 |
| Baps Shri Swaminarayan MandirGeneral Purpose | Robbinsville, NJ | $796 | 2023 |
| Blinknow FoundationGeneral Purpose | Morristown, NJ | $250 | 2023 |
| Westhab IncGeneral Purpose | Yonkers, NY | $250 | 2023 |
| Akshaya Patra FoundationGeneral Purpose | Fremont, CA | $250 | 2023 |
| St Jude Children'S Research HospitaGeneral Purpose | New York, NY | $100 | 2023 |
| Liberty Science CenterGeneral Purpose | Jersey City, NJ | $440 | 2022 |
| Hit One For Joe BarkerGeneral Purpose | Hackensack, NJ | $100 | 2022 |