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Lata & Vaibhav Goel Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2016. The principal officer is Lata Goel. It holds total assets of $1M. Annual income is reported at $44K. 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 2015 to 2023. The foundation primarily funds organizations in California and North Carolina. According to available records, Lata & Vaibhav Goel Foundation has made 12 grants totaling $520K, with a median grant of $50K. Annual giving has decreased from $270K in 2020 to $75K in 2023. Individual grants have ranged from $10K to $100K, with an average award of $43K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$38K
Average Grant
$45K
Largest Grant
$100K
Based on 6 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.
Lata & Vaibhav Goel 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, NC.
Lata & Vaibhav Goel Foundation has distributed a total of $520K across 12 grants. The median grant size is $50K, with an average of $43K. Individual grants have ranged from $10K to $100K.
Lata & Vaibhav Goel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lata & Vaibhav Goel Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lata Goel | SECRETARY/TREASURER | $0 | $0 | N/A |
| Vaibhav Goel | PRESIDENT | $0 | $0 | N/A |
Total Giving
$77K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$75K
Contributions
$2K
Net Investment Income
$48K
Distribution Amount
$57K
Total: $800K
Total Grants
12
Total Giving
$520K
Average Grant
$43K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Southern CaliforniaCHARITABLE | Los Angeles, CA | $50K | 2023 |
| Kehilah Jewish High SchoolCHARITABLE | Palo Alto, CA | $25K | 2023 |
| Duke University Concentration AccountCHARITABLE | Durham, NC | $50K | 2022 |
| IndiasporaCHARITABLE | San Francisco, CA | $50K | 2022 |
| Stanford UniversityCHARITABLE | Standford, CA | $100K | 2020 |
| The Trust For Hidden VillaCHARITABLE | Los Angeles, CA | $10K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA