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Jibaben Patel Foundation is a private corporation based in HUNTINGTON BEACH, CA. The foundation received its IRS ruling in 2010. The principal officer is % Jagdish Patel. It holds total assets of $6M. Annual income is reported at $630K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jibaben Patel Foundation has made 11 grants totaling $803K, with a median grant of $5K. Annual giving has decreased from $305K in 2020 to $18K in 2023. Grantmaking activity was highest in 2022 with $480K distributed across 4 grants. Individual grants have ranged from $100 to $300K, with an average award of $73K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Indiana. Contributions to this foundation are tax-deductible.
Jibaben Patel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA, IN.
Jibaben Patel Foundation has distributed a total of $803K across 11 grants. The median grant size is $5K, with an average of $73K. Individual grants have ranged from $100 to $300K.
Jibaben Patel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jibaben Patel Foundation is headquartered in HUNTINGTON BEACH, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jagdish Patel | President | $0 | $0 | $0 |
| Harsha Patel | Director | $0 | $0 | $0 |
| Masumi Patel | Director | $0 | $0 | $0 |
| Tapti Patel | Director | $0 | $0 | $0 |
| Anish Patel | Director | $0 | $0 | $0 |
Total Giving
$39K
Total Assets
$5.7M
Fair Market Value
$7.2M
Net Worth
$5.7M
Grants Paid
$18K
Contributions
$150K
Net Investment Income
$255K
Distribution Amount
$316K
Total: $0
Total Grants
11
Total Giving
$803K
Average Grant
$73K
Median Grant
$5K
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gujaratis Of North AmericaGeneral Operations Support | Artesia, CA | $6K | 2023 |
| Joy Of HelpingGeneral Operations Support | La Palma, CA | $5K | 2023 |
| Vaishnav Samaj Of So CalGeneral Operations Support | Irvine, CA | $5K | 2023 |
| The H4h FoundationGeneral Operations Support | Ornage, CA | $2K | 2023 |
| Indo-American Sernior HeritageGeneral Operations Support | Norwalk, CA |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $100 |
| 2023 |
| Iit Gandhinagar FoundationGeneral Operations Support | Palo Alto, CA | $240K | 2022 |
| The American LegionGeneral Operations Support | Indianapolis, IN | $100 | 2022 |
| Gujarati Society Of Southern CalifoGeneral Operations Support | Norwalk, CA | $5K | 2020 |
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