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Kanak & Prabha Golia Foundation is a private corporation based in MANHASSET, NY. The foundation received its IRS ruling in 2009. The principal officer is Kanak Golia. It holds total assets of $15.4M. Annual income is reported at $4.6M. Total assets have grown from $1.8M in 2011 to $12.5M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New York, New Jersey and Massachusetts. According to available records, Kanak & Prabha Golia Foundation has made 46 grants totaling $1.1M, with a median grant of $7K. Individual grants have ranged from $367 to $366K, with an average award of $23K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in New York, New Jersey, California, which account for 70% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$7K
Average Grant
$18K
Largest Grant
$105K
Based on 20 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.
Kanak & Prabha Golia Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in NY, NJ, CA.
Kanak & Prabha Golia Foundation has distributed a total of $1.1M across 46 grants. The median grant size is $7K, with an average of $23K. Individual grants have ranged from $367 to $366K.
Kanak & Prabha Golia Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kanak & Prabha Golia Foundation is headquartered in MANHASSET, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prabha Golia | SECRETARY | $0 | $0 | N/A |
| Piyush Golia | MANAGING TRU | $0 | $0 | N/A |
| Roma Golia | TRUSTEE | $0 | $0 | N/A |
| Preeti Mehta | TRUSTEE | $0 | $0 | N/A |
| Nilesh Mehta | TRUSTEE | $0 | $0 | N/A |
| Kanak Golia | MANAGING TRU | $0 | $0 | N/A |
Total Giving
$819K
Total Assets
$12.5M
Fair Market Value
$12.5M
Net Worth
$12.5M
Grants Paid
$800K
Contributions
$3.1M
Net Investment Income
$460K
Distribution Amount
$520K
Total: $1.7M
Total Grants
46
Total Giving
$1.1M
Average Grant
$23K
Median Grant
$7K
Unique Recipients
23
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Om FoundationCHARITY | Delhi | $1K | 2022 |
| Shri Nakoda Paras BheravCHARITY | Rajasthan | $366K | 2022 |
| The Hindu Temple Society FulushingCHARITY | Flushing, NY | $25K | 2022 |
| Veerayatan InternationalCHARITY | Gujrat | $23K | 2022 |
| International Human Benefit ServiceCHARITY | Dumont, NJ | $16K | 2022 |
| Jain Center Of AmericaCHARITY | New Hyde Park, NY | $16K | 2022 |
| Jain Temple Of NewyorkCHARITY | New Hyde Park, NY | $16K | 2022 |
| Nargis Dutt Memorial FoundationCHARITY | New Hyde Park, NY | $15K | 2022 |
| St Joseph CollegeCHARITY | Brooklyn, NY | $10K | 2022 |
| CunyeduCHARITY | New York, NY | $8K | 2022 |
| Stonybrook SchoolCHARITY | Stony Brook, NY | $8K | 2022 |
| Manav Mandir MissionCHARITY | New Delhi | $7K | 2022 |
| Bal Basera Seva SansthanCHARITY | Rajasthan | $7K | 2022 |
| Raj Saubhag Satsang MandalCHARITY | New Hyde Park, NY | $5K | 2022 |
| Sai Mandir UsaCHARITY | Plainview, NY | $3K | 2022 |
| Ny Cancer FoundationCHARITY | Newyork, NY | $3K | 2022 |
| Sankara Eye FoundationCHARITY | Milpitas, CA | $3K | 2022 |
| Give2asiaCHARITY | Oakland, CA | $2K | 2022 |
| Laura GillenCHARITY | Newyork, NY | $1K | 2022 |
| Baps CharitiesCHARITY | Melville, NY | $1K | 2022 |
| Long Island Indo AmericanCHARITY | Westbury, NY | $600 | 2022 |
| American Heart AssociationCHARITY | Dallas, TX | $500 | 2022 |
| Plan International AusCHARITY | Southbank Vic | $367 | 2022 |