Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mohapatra Family Foundation Inc. is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2014. The principal officer is Ayco Company Lp - Ntg. It holds total assets of $5.3M. Annual income is reported at $2.1M. Total assets have grown from $2.1M in 2013 to $5.3M in 2023. The foundation is governed by 4 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including New York, Indiana, Florida. According to available records, Mohapatra Family Foundation Inc. has made 12 grants totaling $1.6M, with a median grant of $26K. Annual giving has grown from $491K in 2020 to $667K in 2022. Individual grants have ranged from $2K to $491K, with an average award of $129K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in New York, Florida, Washington, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$15K
Average Grant
$67K
Largest Grant
$270K
Based on 5 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt
Under internal revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY, FL, WA.
Mohapatra Family Foundation Inc. has distributed a total of $1.6M across 12 grants. The median grant size is $26K, with an average of $129K. Individual grants have ranged from $2K to $491K.
Mohapatra Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mohapatra Family Foundation Inc. is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Surya N Mohapatra | TRUSTEE | $0 | $0 | N/A |
| Mohrannie Mohapatra | TRUSTEE | $0 | $0 | N/A |
| Rahul Mohapatra | TRUSTEE | $0 | $0 | N/A |
| Nayan Mohapatra | TRUSTEE | $0 | $0 | N/A |
Total Giving
$705K
Total Assets
$5.3M
Fair Market Value
$6.8M
Net Worth
$5.3M
Grants Paid
$691K
Contributions
$500K
Net Investment Income
$975K
Distribution Amount
$285K
Total: $321K
Total Grants
12
Total Giving
$1.6M
Average Grant
$129K
Median Grant
$26K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Rockefeller UniversityGeneral | New York, NY | $270K | 2022 |
| University Of Central Florida Foundation IncGeneral | Orlando, FL | $37K | 2022 |
| Malaria No MoreGeneral | Seattle, WA | $15K | 2022 |
| Safe Water NetworkGeneral | New York, NY | $10K | 2022 |
| Child And Family Advocates IncGeneral | Scottsburg, IN | $2K | 2022 |
| See Attached ListFOR GENERAL CHARITABLE PURPOSES ONLY | New York, NY | $395K | 2021 |