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Johari Family Foundation Inc. is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2022. The principal officer is Merrigan Brandt And Osteno Pa. It holds total assets of $4.8M. Annual income is reported at $4.2M. Total assets have grown from $2.5M in 2021 to $4.2M in 2023. 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 2021 to 2023. According to available records, Johari Family Foundation Inc. has made 18 grants totaling $148K, with a median grant of $5K. The foundation has distributed between $68K and $80K annually from 2022 to 2023. Individual grants have ranged from $2K to $30K, with an average award of $8K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Johari Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in MN.
Johari Family Foundation Inc. has distributed a total of $148K across 18 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $2K to $30K.
Johari Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Johari Family Foundation Inc. is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dave Pearl | VICE PRESIDENT | $0 | $0 | N/A |
| Mahesh Johari | PRESIDENT | $0 | $0 | N/A |
Total Giving
$137K
Total Assets
$4.2M
Fair Market Value
$4.2M
Net Worth
$4.2M
Grants Paid
$80K
Contributions
$400K
Net Investment Income
$169K
Distribution Amount
$182K
Total: $3.2M
Total Grants
18
Total Giving
$148K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Star HouseUNRESTRICTED | St Paul, MN | $30K | 2023 |
| Minds MatterUNRESTRICTED | Chanhassen, MN | $15K | 2023 |
| Dakota WoodlandsUPDATETECHNOLOGY | Eagan, MN | $10K | 2023 |
| Tree TrustUNRESTRICTED | St Paul, MN | $7K | 2023 |
| ReclaimUNRESTRICTED | St Paul, MN | $5K | 2023 |
| RepoweredSUPPORT OFGENERALOPERATIONS | St Paul, MN | $4K | 2023 |
| Sisters Rising WorldwidePC | St Paul, MN | $3K | 2023 |
| Foothoold Twin CitiesEMERGENCYASSISTANCE TO FAMILES | Minneapolis, MN | $2K | 2023 |
| Change The OutcomeUNRESTRICTED | Chanhassen, MN | $2K | 2023 |
| Monarch Joint VentureOUTREACH BOOTHSAND EDUCATION MATERIALSFOR THE PUBLIC | St Paul, MN | $2K | 2023 |
| Girls Dream CodeTo buy computers for student classes and outreach to additional school sites | Woodbury, MN | $5K | 2022 |