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Also known as: FOUNDATION INC
Mahendra And Jayshree Patel Foundation Inc. is a private corporation based in DELRAY BEACH, FL. The foundation received its IRS ruling in 2000. The principal officer is % Mahendra R Patel. It holds total assets of $1.9M. Annual income is reported at $331K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mahendra And Jayshree Patel Foundation Inc. has made 31 grants totaling $283K, with a median grant of $5K. Annual giving has grown from $53K in 2020 to $72K in 2023. Grantmaking activity was highest in 2022 with $87K distributed across 8 grants. Individual grants have ranged from $200 to $25K, with an average award of $9K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Florida, New Jersey, California, which account for 68% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Mahendra And Jayshree Patel Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in FL, NJ, CA.
Mahendra And Jayshree Patel Foundation Inc. has distributed a total of $283K across 31 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $200 to $25K.
Mahendra And Jayshree Patel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mahendra And Jayshree Patel Foundation Inc. is headquartered in DELRAY BEACH, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ripal J Patel | TRUSTEE | $0 | $0 | $0 |
| Nima Patel | TRUSTEE | $0 | $0 | $0 |
| Laju M Mathew | TRUSTEE | $0 | $0 | $0 |
Total Giving
$96K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$72K
Contributions
$0
Net Investment Income
$28K
Distribution Amount
$80K
Total: $1.4M
Total Grants
31
Total Giving
$283K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share & Care FoundationHELP THE ECONOMICALLY CHALLENGED | Paramus, NJ | $10K | 2023 |
| We WinHELPING STEEP COST OF REHABILITATION | Secaucus, NJ | $5K | 2023 |
| Pine Crest SchoolTRANSFORM TOMORROW | Fort Lauderdale, FL | $25K | 2023 |
| Saint Andrew'S SchoolHELP PROVIDE TRANSFORMATIONAL LEARNING OPPORTUNITIES | Boca Raton, FL | $20K | 2023 |
| Sankara Eye FoundationGIFT OF VISION |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Milpitas, CA |
| $10K |
| 2023 |
| Smile TrainLIFESAVING CLEFT TREATMENT | New York, NY | $1K | 2023 |
| Susan G KomenHELP END BREAST CANCER | Washington, DC | $1K | 2023 |
| Retna Global FoundationEMPOWERING PHYSICALLY DISABLED INDIVIDUALS | East Windsor, NJ | $5K | 2022 |
| Sewa InternationalCOVID-19 RELIEF | Houston, TX | $5K | 2021 |
| Aavaaz Music AcademyLEARNING THE INDIAN CULTURE THROUGH MUSIC | Cranbury, NJ | $1K | 2020 |
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