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Kothari Foundation is a private corporation based in FULLERTON, CA. The foundation received its IRS ruling in 2015. The principal officer is The Kothari Foundation. It holds total assets of $1.9M. Annual income is reported at $375K. Total assets have grown from $67K in 2014 to $1.6M in 2023. The foundation is governed by 1 officer or trustee. 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. Grantmaking is concentrated in California. According to available records, Kothari Foundation has made 12 grants totaling $177K, with a median grant of $9K. Annual giving has grown from $41K in 2020 to $56K in 2023. Grantmaking activity was highest in 2022 with $81K distributed across 5 grants. Individual grants have ranged from $3K to $41K, with an average award of $15K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$41K
Based on 5 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.
Kothari Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA.
Kothari Foundation has distributed a total of $177K across 12 grants. The median grant size is $9K, with an average of $15K. Individual grants have ranged from $3K to $41K.
Kothari Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kothari Foundation is headquartered in FULLERTON, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sonny Kothari | President & CEO | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$1.6M
Fair Market Value
N/A
Net Worth
$1.6M
Grants Paid
$56K
Contributions
$316K
Net Investment Income
$35K
Distribution Amount
N/A
Total Grants
12
Total Giving
$177K
Average Grant
$15K
Median Grant
$9K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pathways Of HopeCONTRIBUTION TO SUPPORT CHARITIES MISSION | Fullerton, CA | $26K | 2023 |
| University Of California IrvineCONTRIBUTION TO SUPPORT PUBLIC SCHOOL'S MISSION | Irvine, CA | $19K | 2023 |
| VariousCONTRIBUTION TO SUPPORT CHARITIES MISSION | Various, CA | $6K | 2023 |
| White Rock ElementaryCONTRIBUTION TO SUPPORT CHARITIES MISSION | Rancho Cordova, CA | $5K | 2023 |
| Cresmont Elementary SchoolCONTRIBUTION TO SUPPORT CHARITIES MISSION | Roseville, CA | $10K | 2022 |
| Km Legacy FoundationCONTRIBUTION TO SUPPORT CHARITIES MISSION | Fullerton, CA | $3K | 2022 |
| Ocsa FoundationCONTRIBUTION TO SUPPORT CHARITIES MISSION | Santa Ana, CA | $3K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA